The Hanover Insurance Stock Current Liabilities
THG Stock | USD 153.09 0.17 0.11% |
The Hanover Insurance fundamentals help investors to digest information that contributes to Hanover Insurance's financial success or failures. It also enables traders to predict the movement of Hanover Stock. The fundamental analysis module provides a way to measure Hanover Insurance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hanover Insurance stock.
The current Total Current Liabilities is estimated to decrease to about 5.2 B. The current Non Current Liabilities Total is estimated to decrease to about 7.8 B. Hanover | Current Liabilities |
The Hanover Insurance Company Current Liabilities Analysis
Hanover Insurance's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Hanover Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Hanover Insurance is extremely important. It helps to project a fair market value of Hanover Stock properly, considering its historical fundamentals such as Current Liabilities. Since Hanover Insurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hanover Insurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hanover Insurance's interrelated accounts and indicators.
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Hanover Current Liabilities Historical Pattern
Today, most investors in Hanover Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hanover Insurance's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hanover Insurance current liabilities as a starting point in their analysis.
Hanover Insurance Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Hanover Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, The Hanover Insurance has a Current Liabilities of 0.0. This is 100.0% lower than that of the Insurance sector and about the same as Financials (which currently averages 0.0) industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
Hanover Current Liabilities Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hanover Insurance's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hanover Insurance could also be used in its relative valuation, which is a method of valuing Hanover Insurance by comparing valuation metrics of similar companies.Hanover Insurance is currently under evaluation in current liabilities category among its peers.
Hanover Insurance ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hanover Insurance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hanover Insurance's managers, analysts, and investors.Environmental | Governance | Social |
Hanover Fundamentals
Return On Equity | 0.15 | |||
Return On Asset | 0.0215 | |||
Profit Margin | 0.06 % | |||
Operating Margin | 0.09 % | |||
Current Valuation | 6 B | |||
Shares Outstanding | 36.03 M | |||
Shares Owned By Insiders | 0.70 % | |||
Shares Owned By Institutions | 88.49 % | |||
Number Of Shares Shorted | 363.92 K | |||
Price To Earning | 18.15 X | |||
Price To Book | 1.96 X | |||
Price To Sales | 0.91 X | |||
Revenue | 5.99 B | |||
Gross Profit | 1.16 B | |||
EBITDA | 75.2 M | |||
Net Income | 33.5 M | |||
Cash And Equivalents | 305 M | |||
Cash Per Share | 4.63 X | |||
Total Debt | 783.2 M | |||
Debt To Equity | 0.34 % | |||
Current Ratio | 0.36 X | |||
Book Value Per Share | 79.94 X | |||
Cash Flow From Operations | 361.7 M | |||
Short Ratio | 2.09 X | |||
Earnings Per Share | 10.09 X | |||
Price To Earnings To Growth | (23.25) X | |||
Target Price | 175.14 | |||
Number Of Employees | 4.8 K | |||
Beta | 0.71 | |||
Market Capitalization | 5.61 B | |||
Total Asset | 14.61 B | |||
Retained Earnings | 2.91 B | |||
Annual Yield | 0.02 % | |||
Five Year Return | 2.05 % | |||
Net Asset | 14.61 B | |||
Last Dividend Paid | 3.4 |
About Hanover Insurance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Hanover Insurance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hanover Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Hanover Insurance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Hanover Insurance Piotroski F Score and Hanover Insurance Altman Z Score analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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 | 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.