Hooker Furnishings Corporation HOFT Cash surrender value of life insurance policies
Cash surrender value of life insurance policies at other companies
Other financials
Where this comes from
Reported directly by Hooker Furnishings Corporation in its filing.
Tagged under the XBRL concept us-gaap:CashSurrenderValueOfLifeInsurance.
The official record: Hooker Furnishings Corporation’s 10-Q, filed June 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hooker Furnishings Corporation's cash surrender value of life insurance policies?
- Hooker Furnishings Corporation (HOFT) reported cash surrender value of life insurance policies of $31.29M in Q1 2026.
- How has Hooker Furnishings Corporation's cash surrender value of life insurance policies changed year-over-year?
- Hooker Furnishings Corporation's cash surrender value of life insurance policies increased by 4.3% year-over-year, from $30.02M to $31.29M.
- What is the long-term trend for Hooker Furnishings Corporation's cash surrender value of life insurance policies?
- Over 5 years (2021 to 2026), Hooker Furnishings Corporation's cash surrender value of life insurance policies has grown at a 3.7% compound annual growth rate (CAGR), from $25.37M to $30.42M.
- What does cash surrender value of life insurance policies mean?
- This represents the net amount of cash that would be available to the company upon the cancellation of life insurance policies held on key personnel. It serves as a liquid asset that reflects the accumulated cash value component of these insurance contracts. Investors monitor this to assess the company's secondary liquidity reserves and the potential cash recovery from corporate-owned insurance assets.