Hanover Historical Balance Sheet
THG Stock | USD 160.99 0.00 0.00% |
Trend analysis of The Hanover Insurance balance sheet accounts such as Total Stockholder Equity of 2.7 B, Net Debt of 219.5 M, Retained Earnings of 3.4 B or Net Receivables of 2.5 B provides information on Hanover Insurance's total assets, liabilities, and equity, which is the actual value of Hanover Insurance to its prevalent stockholders. By breaking down trends over time using Hanover Insurance balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Hanover Insurance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hanover Insurance is a good buy for the upcoming year.
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About Hanover Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Hanover Insurance at a specified time, usually calculated after every quarter, six months, or one year. Hanover Insurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hanover Insurance and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hanover currently owns. An asset can also be divided into two categories, current and non-current.
Hanover Insurance Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Hanover Insurance assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hanover Insurance books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Hanover Insurance balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of The Hanover Insurance are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from Hanover Insurance's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Hanover Insurance current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Hanover Insurance's Net Receivables is most likely to decrease significantly in the upcoming years. The Hanover Insurance's current Common Stock Shares Outstanding is estimated to increase to about 38 M, while Short and Long Term Debt Total is projected to decrease to roughly 729.1 M.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 782.4M | 783.2M | 784.1M | 729.1M | Total Assets | 14.0B | 14.6B | 15.3B | 13.4B |
Hanover Insurance balance sheet Correlations
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Hanover Insurance balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 13.4B | 14.3B | 14.0B | 14.6B | 15.3B | 13.4B | |
Short Long Term Debt Total | 1.6B | 1.6B | 782.4M | 783.2M | 784.1M | 729.1M | |
Other Current Liab | (48.4M) | (55.1M) | (70.3M) | 5.3B | 4.7B | 6.8B | |
Total Current Liabilities | 48.4M | 55.1M | 731.7M | 6.1B | 819.6M | 778.6M | |
Total Stockholder Equity | 3.2B | 3.1B | 2.3B | 2.5B | 2.8B | 2.7B | |
Net Debt | 660.2M | 550.7M | 477.4M | 467.1M | 348.6M | 219.5M | |
Retained Earnings | 2.7B | 3.0B | 3.0B | 2.9B | 3.2B | 3.4B | |
Net Receivables | 3.2B | 3.4B | 1.6B | 1.7B | 1.8B | 2.5B | |
Common Stock Shares Outstanding | 40.6M | 38.1M | 36.4M | 36.1M | 35.9M | 38.0M | |
Liabilities And Stockholders Equity | 13.4B | 14.3B | 14.0B | 14.6B | 15.3B | 13.4B | |
Non Current Liabilities Total | 878.1M | 842.4M | 10.9B | 12.1B | 11.6B | 8.0B | |
Other Stockholder Equity | 161.1M | 38.9M | 41.7M | 72.8M | 87.9M | 83.5M | |
Total Liab | 10.2B | 11.1B | 11.7B | 12.1B | 12.4B | 11.4B | |
Total Current Assets | 3.3B | 3.6B | 2.7B | 2.0B | 2.2B | 2.3B | |
Cash | 120.6M | 230.9M | 305M | 316.1M | 435.5M | 437.4M | |
Non Current Assets Total | 8.2B | 8.6B | 378M | 777.6M | 353M | 335.4M | |
Non Currrent Assets Other | (8.2B) | (8.6B) | (7.7B) | 173.3M | 199.3M | 209.3M | |
Other Assets | 1.9B | 2.1B | 10.9B | 11.8B | 12.7B | 8.9B | |
Cash And Short Term Investments | 120.6M | 230.9M | 305M | 316.1M | 435.5M | 437.4M | |
Short Term Investments | 7.5B | 767.4M | 786.1M | 468.6M | 1.6B | 2.7B | |
Accumulated Other Comprehensive Income | 372.5M | 122.2M | (705.5M) | (517.2M) | (456.3M) | (433.5M) | |
Other Liab | 3.6B | 4.0B | 97.3M | 60.8M | 69.9M | 66.4M | |
Accounts Payable | 48.4M | 55.1M | 70.3M | 64.3M | 37.7M | 35.8M | |
Long Term Debt | 780.8M | 781.6M | 782.4M | 783.2M | 722.3M | 701.5M | |
Treasury Stock | (1.5B) | (1.7B) | (1.8B) | (1.9B) | (1.7B) | (1.6B) | |
Other Current Assets | 1.9B | 2.0B | (2.0B) | 2.5B | 2.3B | 3.4B | |
Retained Earnings Total Equity | 2.4B | 2.7B | 3.0B | 3.0B | 3.4B | 1.9B | |
Inventory | (1.9B) | (2.0B) | 786.1M | (7.0B) | (6.3B) | (6.0B) | |
Net Tangible Assets | 2.7B | 3.0B | 3.0B | 2.1B | 2.5B | 2.9B | |
Long Term Debt Total | 653.4M | 780.8M | 781.6M | 782.4M | 704.2M | 641.4M | |
Capital Surpluse | 1.8B | 1.9B | 1.9B | 1.9B | 2.2B | 2.0B | |
Long Term Investments | 8.9B | 9.2B | 8.6B | 8.1B | 8.7B | 9.0B | |
Non Current Liabilities Other | 8.2B | 8.7B | 9.4B | 10.2B | 9.1B | 7.4B |
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When determining whether Hanover Insurance is a strong investment it is important to analyze Hanover Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hanover Insurance's future performance. For an informed investment choice regarding Hanover Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanover Insurance. If investors know Hanover will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanover Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.535 | Dividend Share 3.45 | Earnings Share 11.69 | Revenue Per Share | Quarterly Revenue Growth 0.036 |
The market value of Hanover Insurance is measured differently than its book value, which is the value of Hanover that is recorded on the company's balance sheet. Investors also form their own opinion of Hanover Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hanover Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanover Insurance's market value can be influenced by many factors that don't directly affect Hanover Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hanover Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.