120 / 148
Analysis of Agencies with Revenues
Between $5,000,000 and $10,000,000
CSR Summary
FINANCIAL STABILITY
A. Current Ratio
Liquidity/Current Ratio
1.14:1
1.51:1
B. Tangible Net Worth
Average
Tangible Net Worth (as % of Net Rev)
1.9%
17.3%
C. Receivables
1. Receivables/Payables Ratio
Receivables/Payables Ratio
50.1%
21.2%
2. Aged Receivables
Over 60
14.1%
4.0%
Over 90
7.3%
1.3%
A current ratio greater than 1:1 indicates that cash and assets with short-term maturities
are sufficient to meet a firm's short-term obligations.
Average
Top 25%
The tangible net worth is an important measure as it represents the net value of the
corporation if it were liquidated. A low or negative tangible net worth impacts a firm's
ability to invest in new opportunities, develop new products, hire new employees, make
other capital expenditures and handle stockholder redemption obligations.
Top 25%
This factor measures the collection practices of an agency, with a lower ratio representing
more timely collections. (Calculated by dividing total receivables by total payables at a given
point in time.)
Average
Top 25%
Average
Top 25%
0
50000
100000
150000
200000
250000
300000
350000
400000
450000
500000
Commercial P&C Group L&H
Personal P&C
Multi-Line
Average Book Serviced/CSR (Commissions)
Average Top 25%
Average Pay as % of Book Serviced
0
10
20
30
Commercial
P&C
Group L&H Personal P&C Multi-Line
120