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Document and Entity Information - shares | 3 Months Ended | 9 Months Ended | |
---|---|---|---|
Dec. 31, 2020 | Dec. 31, 2020 | Nov. 01, 2020 | |
Document and Entity Information [Abstract] | |||
Entity Registrant Name | AMERCO | ||
Entity Central Index Key | 0000004457 | ||
Entity Current Reporting Status | Yes | ||
Entity Small Business | false | ||
Current Fiscal Year End Date | --03-31 | ||
Entity Filer Category | Large Accelerated Filer | ||
Entity Emerging Growth Company | false | ||
Document Fiscal Year Focus | 2021 | ||
Trading Symbol | UHAL | ||
Document Type | 10-Q | ||
Document Fiscal Period Focus | Q3 | ||
Document Period End Date | Dec. 31, 2020 | ||
Amendment Flag | false | ||
Entity Common Stock, Shares Outstanding | 19,607,788 | ||
Entity Shell Company | false | ||
Entity Interactive Data Current | Yes | ||
Entity File Number | 001-11255 | ||
Entity Tax Identification Number | 88-0106815 | ||
Entity address, address line one | 5555 Kietzke Lane | ||
Entity address, address line two | Suite 100 | ||
Entity address, City or Town | Reno | ||
Entity address, State or Province | NV | ||
Entity address, postal zip code | 89511 | ||
City Area Code | ( 775 | ||
Local Phone Number | 688-6300 | ||
Entity Incorporation, State or Country Code | NV | ||
Title of 12(b) Security | Common Stock | ||
Security Exchange Name | NASDAQ | ||
Document Quarterly Report | true | ||
Document Transition Report | false |
Please wait while we load the requested 10-Q report or click the link below:
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Amerco's Definitive Proxy Statement (Form DEF 14A) filed after their 2021 10-K Annual Report includes:
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Operating expenses for Moving and Storage increased $21.4 million from personnel, liability costs, property taxes and shipping costs associated with U-Box.
Operating expenses for Moving and Storage increased $21.4 million from personnel, liability costs, property taxes and shipping costs associated with U-Box.
Even if we execute our plans, we could see declines in revenues primarily due to unforeseen events including adverse economic conditions or heightened competition that is beyond our control.
Interest credited to policyholders increased $3.1 million from the improved interest credited rates on fixed indexed annuities driven by market improvements and from the increase in annuity deposit base from continued sales.
Cash and liquidity improved during the second and third quarters from increased operating cash flows and proceeds from commercial auto auctions.
Depreciation expense associated with our...Read more
Depreciation expense associated with our...Read more
Depreciation expense associated with our...Read more
Depreciation expense associated with our...Read more
We experienced increases in liability...Read more
We experienced increases in liability...Read more
The various sections of this...Read more
This was partially offset by...Read more
The decrease was due to...Read more
The decrease was due to...Read more
Total costs and expenses increased...Read more
Total costs and expenses increased...Read more
If we intend to sell...Read more
50 Total costs and expenses...Read more
53 Total costs and expenses...Read more
During the first quarter of...Read more
Cash from the sales of...Read more
Interest earned on short-term cash...Read more
For our insurance subsidiaries, net...Read more
Changes in the market value...Read more
Net cash provided by operating...Read more
A $4.0 million realized loss...Read more
Investment income from fixed maturities...Read more
The main driver of the...Read more
Realized capital gains from the...Read more
The increase in operating cash...Read more
Other revenue increased $18.2 million...Read more
Other revenue increased $33.4 million...Read more
Other revenue increased $34.3 million...Read more
Other revenue increased $17.9 million...Read more
Net investment and interest income...Read more
Sales of self-moving and self-storage...Read more
Sales of self-moving and self-storage...Read more
Sales of self-moving and self-storage...Read more
Sales of self-moving and self-storage...Read more
Net operating expenses were $10.1...Read more
Transactions along with average revenue...Read more
Transactions along with average revenue...Read more
Transactions along with average revenue...Read more
Transactions along with average revenue...Read more
Fiscal 2021 Outlook We will...Read more
Since then these revenues have...Read more
Since then these revenues have...Read more
The increase was primarily due...Read more
The increase was primarily due...Read more
Operating expenses for Moving and...Read more
Operating expenses for Moving and...Read more
The premium decrease corresponded with...Read more
Moving and Storage Nine Months...Read more
49 Moving and Storage Quarter...Read more
AMERCO and Consolidated Entities Nine...Read more
During our first quarter this...Read more
During our first quarter this...Read more
Life benefits increased $3.1 million...Read more
The premium increase corresponded with...Read more
The premium increase corresponded with...Read more
47 Results of Operations AMERCO...Read more
Self-storage revenues increased $16.3 million...Read more
Self-storage revenues increased $16.3 million...Read more
52 Self-storage revenues increased $37.3...Read more
54 Self-storage revenues increased $37.3...Read more
Property and casualty insurance premiums...Read more
This was partially offset by...Read more
The premium decrease corresponded with...Read more
This was due to increased...Read more
This was due to increased...Read more
This was due to increased...Read more
This was due to increased...Read more
Life Insurance is pursuing its...Read more
51 Net investment income was...Read more
This was partially offset by...Read more
This was partially offset by...Read more
Liquidity and Capital Resources -...Read more
Losses on the disposal of...Read more
Losses on the disposal of...Read more
We believe that our basic...Read more
The decrease stems from a...Read more
General We begin Management's Discussion...Read more
56 Liquidity and Capital Resources...Read more
Our primary focus is to...Read more
Net investment and interest income...Read more
Net investment and interest income...Read more
Capital and operating budgets allow...Read more
The growth in revenues and...Read more
The growth in revenues and...Read more
The growth in revenues and...Read more
The growth in revenues and...Read more
Over the last twelve months,...Read more
Over the last twelve months,...Read more
Over the last twelve months...Read more
Over the last twelve months...Read more
The Company expects to fund...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Material Contracts, Statements, Certifications & more
Amerco provided additional information to their SEC Filing as exhibits
Ticker: UHAL
CIK: 4457
Form Type: 10-Q Quarterly Report
Accession Number: 0000004457-21-000019
Submitted to the SEC: Wed Feb 03 2021 4:02:01 PM EST
Accepted by the SEC: Wed Feb 03 2021
Period: Thursday, December 31, 2020
Industry: Auto Rental And Leasing No Drivers