Hanover Non Current Assets Total from 2010 to 2024

THG Stock  USD 161.73  1.87  1.14%   
Hanover Insurance's Non Current Assets Total are decreasing over the last several years with very volatile swings. Non Current Assets Total are predicted to flatten to about 738.7 M. Non Current Assets Total is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. View All Fundamentals
 
Non Current Assets Total  
First Reported
1996-12-31
Previous Quarter
10.3 B
Current Value
9.5 B
Quarterly Volatility
2.1 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 25.5 M, Total Revenue of 4.3 B or Gross Profit of 4.3 B, as well as many indicators such as Price To Sales Ratio of 0.6, Dividend Yield of 0.014 or PTB Ratio of 0.94. Hanover financial statements analysis is a perfect complement when working with Hanover Insurance Valuation or Volatility modules.
  
Check out the analysis of Hanover Insurance Correlation against competitors.

Latest Hanover Insurance's Non Current Assets Total Growth Pattern

Below is the plot of the Non Current Assets Total of The Hanover Insurance over the last few years. It is the total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets. Hanover Insurance's Non Current Assets Total 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.
Non Current Assets Total10 Years Trend
Very volatile
   Non Current Assets Total   
       Timeline  

Hanover Non Current Assets Total Regression Statistics

Arithmetic Mean3,310,188,000
Geometric Mean1,304,941,970
Coefficient Of Variation110.98
Mean Deviation3,447,849,600
Median738,720,000
Standard Deviation3,673,678,972
Sample Variance13495917.2T
Range8.3B
R-Value(0.04)
Mean Square Error14509167.5T
R-Squared0
Significance0.88
Slope(33,999,143)
Total Sum of Squares188942840.6T

Hanover Non Current Assets Total History

2024738.7 M
2023777.6 M
2022378 M
20218.6 B
20208.2 B
20197.4 B
20186.8 B

About Hanover Insurance Financial Statements

Hanover Insurance stakeholders use historical fundamental indicators, such as Hanover Insurance's Non Current Assets Total, 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
Non Current Assets Total777.6 M738.7 M

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.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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
10.656
Dividend Share
3.4
Earnings Share
10.09
Revenue Per Share
172.438
Quarterly Revenue Growth
0.032
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.