Erie Indemnity Balance Sheet Health
Financial Health criteria checks 6/6
Erie Indemnity has a total shareholder equity of $1.7B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.6B and $829.6M respectively. Erie Indemnity's EBIT is $581.6M making its interest coverage ratio -10. It has cash and short-term investments of $208.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -10x |
| Cash | US$208.23m |
| Equity | US$1.73b |
| Total liabilities | US$829.61m |
| Total assets | US$2.56b |
Recent financial health updates
No updates
Recent updates
Here's Why Erie Indemnity Company's (NASDAQ:ERIE) CEO May Deserve A Raise
Apr 17
Do Erie Indemnity's (NASDAQ:ERIE) Earnings Warrant Your Attention?
Mar 21Why Investors Shouldn't Be Surprised By Erie Indemnity Company's (NASDAQ:ERIE) P/E
Feb 21Erie Indemnity (NASDAQ:ERIE) Has Announced That It Will Be Increasing Its Dividend To $1.27
Dec 13Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
Jun 26Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
Jun 07Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
May 18Erie Indemnity (NASDAQ:ERIE) Is Increasing Its Dividend To $1.19
May 04Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
Mar 09Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 25Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 11Erie Indemnity goes ex dividend tomorrow
Oct 03Erie Insurance launches venture capital fund to accelerate innovation
Aug 25Erie Indemnity GAAP EPS of $1.53 misses by $0.09, revenue of $726.14M beats by $18.66M
Jul 28Erie Indemnity Flourishing From Here To Eternity, But The Stock Price Is Not Yet Worthy
Jul 16Erie Indemnity goes ex-dividend on Tuesday
Jul 01Erie Indemnity (NASDAQ:ERIE) Is Paying Out A Larger Dividend Than Last Year
Jan 02Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 13Is Weakness In Erie Indemnity Company (NASDAQ:ERIE) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Mar 13Why Erie Indemnity Company (NASDAQ:ERIE) Should Be In Your Dividend Portfolio
Feb 20Do Insiders Own Lots Of Shares In Erie Indemnity Company (NASDAQ:ERIE)?
Jan 25Why You Might Be Interested In Erie Indemnity Company (NASDAQ:ERIE) For Its Upcoming Dividend
Dec 30Is It Smart To Buy Erie Indemnity Company (NASDAQ:ERIE) Before It Goes Ex-Dividend?
Dec 14
Erie Indemnity increases dividend by ~7% to $1.035
Dec 08Is Erie Indemnity Company (NASDAQ:ERIE) A Smart Pick For Income Investors?
Nov 20Financial Position Analysis
Short Term Liabilities: ERIE's short term assets ($941.8M) exceed its short term liabilities ($727.5M).
Long Term Liabilities: ERIE's short term assets ($941.8M) exceed its long term liabilities ($102.1M).
Debt to Equity History and Analysis
Debt Level: ERIE is debt free.
Reducing Debt: ERIE has no debt compared to 5 years ago when its debt to equity ratio was 9.8%.
Debt Coverage: ERIE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ERIE has no debt, therefore coverage of interest payments is not a concern.