Hanover Other Current Assets from 2010 to 2026

AF4 Stock  EUR 145.00  4.00  2.68%   
Hanover Insurance's Other Current Assets are decreasing over the last several years with stable swings. Other Current Assets are estimated to finish at about 2.2 B this year. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2017-03-31
Previous Quarter
2.1 B
Current Value
2.1 B
Quarterly Volatility
868.1 M
 
Covid
 
Interest Hikes
Check Hanover Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hanover Insurance's main balance sheet or income statement drivers, such as Interest Expense of 25.6 M, Total Revenue of 5.7 B or Gross Profit of 766 M, as well as many indicators such as . Hanover financial statements analysis is a perfect complement when working with Hanover Insurance Valuation or Volatility modules.
  
This module can also supplement various Hanover Insurance Technical models . Check out the analysis of Hanover Insurance Correlation against competitors.
The Other Current Assets trend for The Hanover Insurance offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Hanover Insurance is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Hanover Insurance's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of The Hanover Insurance over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Hanover Insurance's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hanover Insurance's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Pretty Stable
   Other Current Assets   
       Timeline  

Hanover Other Current Assets Regression Statistics

Arithmetic Mean2,488,005,621
Geometric Mean2,376,412,269
Coefficient Of Variation40.32
Mean Deviation505,668,604
Median2,155,315,555
Standard Deviation1,003,112,394
Sample Variance1006234.5T
Range4.4B
R-Value(0.24)
Mean Square Error1013251.3T
R-Squared0.06
Significance0.36
Slope(46,992,440)
Total Sum of Squares16099751.6T

Hanover Other Current Assets History

20262.2 B
20251.9 B
20222.1 B
20212.1 B
2020B
2019B
20181.9 B

About Hanover Insurance Financial Statements

Hanover Insurance stakeholders use historical fundamental indicators, such as Hanover Insurance's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Hanover Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hanover Insurance's assets and liabilities are reflected in the revenues and expenses on Hanover Insurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in The Hanover Insurance. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets1.9 B2.2 B

Currently Active Assets on Macroaxis

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 the analysis of Hanover Insurance Correlation against competitors.
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Understanding that Hanover Insurance's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Hanover Insurance represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Hanover Insurance's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.