Erie Short Long Term Debt Total from 2010 to 2024

ERIE Stock  USD 431.30  2.80  0.65%   
Erie Indemnity's Short and Long Term Debt Total is decreasing over the years with slightly volatile fluctuation. Short and Long Term Debt Total is expected to dwindle to about 103.3 M. During the period from 2010 to 2024 Erie Indemnity Short and Long Term Debt Total annual values regression line had geometric mean of  119,992,483 and mean square error of 6761.3 T. View All Fundamentals
 
Short and Long Term Debt Total  
First Reported
1993-12-31
Previous Quarter
40 M
Current Value
6.3 M
Quarterly Volatility
99.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Erie Indemnity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Erie Indemnity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 106.7 M, Interest Expense of 0.0 or Total Revenue of 2.2 B, as well as many indicators such as Price To Sales Ratio of 3.28, Dividend Yield of 0.017 or PTB Ratio of 9.77. Erie financial statements analysis is a perfect complement when working with Erie Indemnity Valuation or Volatility modules.
  
Check out the analysis of Erie Indemnity Correlation against competitors.
For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.

Latest Erie Indemnity's Short Long Term Debt Total Growth Pattern

Below is the plot of the Short Long Term Debt Total of Erie Indemnity over the last few years. It is Erie Indemnity's Short and Long Term Debt Total historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Erie Indemnity's overall financial position and show how it may be relating to other accounts over time.
Short Long Term Debt Total10 Years Trend
Slightly volatile
   Short Long Term Debt Total   
       Timeline  

Erie Short Long Term Debt Total Regression Statistics

Arithmetic Mean162,836,000
Geometric Mean119,992,483
Coefficient Of Variation52.43
Mean Deviation76,660,000
Median122,496,000
Standard Deviation85,378,889
Sample Variance7289.6T
Range300.5M
R-Value(0.37)
Mean Square Error6761.3T
R-Squared0.14
Significance0.17
Slope(7,110,511)
Total Sum of Squares102053.8T

Erie Short Long Term Debt Total History

2024103.3 M
2023112.3 M
2022122.5 M
202193.8 M
202095.9 M
201997.8 M
201899.7 M

About Erie Indemnity Financial Statements

Erie Indemnity stakeholders use historical fundamental indicators, such as Erie Indemnity's Short Long Term Debt Total, to determine how well the company is positioned to perform in the future. Although Erie Indemnity investors may analyze each financial statement separately, they are all interrelated. For example, changes in Erie Indemnity's assets and liabilities are reflected in the revenues and expenses on Erie Indemnity'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 Erie Indemnity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Short and Long Term Debt Total112.3 M103.3 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Erie Indemnity is a strong investment it is important to analyze Erie Indemnity'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 Erie Indemnity's future performance. For an informed investment choice regarding Erie Stock, refer to the following important reports:
Check out the analysis of Erie Indemnity Correlation against competitors.
For information on how to trade Erie Stock refer to our How to Trade Erie Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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 Erie Indemnity. If investors know Erie 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 Erie Indemnity 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
0.22
Dividend Share
5.1
Earnings Share
10.67
Revenue Per Share
79.861
Quarterly Revenue Growth
0.164
The market value of Erie Indemnity is measured differently than its book value, which is the value of Erie that is recorded on the company's balance sheet. Investors also form their own opinion of Erie Indemnity's value that differs from its market value or its book value, called intrinsic value, which is Erie Indemnity'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 Erie Indemnity's market value can be influenced by many factors that don't directly affect Erie Indemnity'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 Erie Indemnity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erie Indemnity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erie Indemnity'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.