The Hanover Insurance Group, Inc.

DB:AF4 Stock Report

Market Cap: €4.8b

Hanover Insurance Group Balance Sheet Health

Financial Health criteria checks 4/6

Hanover Insurance Group has a total shareholder equity of $2.6B and total debt of $783.7M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are $14.9B and $12.3B respectively. Hanover Insurance Group's EBIT is $380.0M making its interest coverage ratio 11.1. It has cash and short-term investments of $337.6M.

Key information

30.7%

Debt to equity ratio

US$783.70m

Debt

Interest coverage ratio11.1x
CashUS$337.60m
EquityUS$2.55b
Total liabilitiesUS$12.32b
Total assetsUS$14.87b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AF4's short term assets ($4.3B) do not cover its short term liabilities ($11.5B).

Long Term Liabilities: AF4's short term assets ($4.3B) exceed its long term liabilities ($783.7M).


Debt to Equity History and Analysis

Debt Level: AF4's net debt to equity ratio (17.5%) is considered satisfactory.

Reducing Debt: AF4's debt to equity ratio has increased from 22.2% to 30.7% over the past 5 years.

Debt Coverage: AF4's debt is well covered by operating cash flow (65.3%).

Interest Coverage: AF4's interest payments on its debt are well covered by EBIT (11.1x coverage).


Balance Sheet


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