Hanover Insurance Group Balance Sheet Health
Financial Health criteria checks 4/6
Hanover Insurance Group has a total shareholder equity of $2.5B and total debt of $783.4M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are $14.6B and $12.1B respectively. Hanover Insurance Group's EBIT is $238.0M making its interest coverage ratio 7. It has cash and short-term investments of $264.6M.
Key information
31.1%
Debt to equity ratio
US$783.40m
Debt
| Interest coverage ratio | 7x |
| Cash | US$264.60m |
| Equity | US$2.52b |
| Total liabilities | US$12.07b |
| Total assets | US$14.59b |
Recent financial health updates
No updates
Recent updates
Hanover Insurance Group: Improvement In Net Income Growth Encouraging
Feb 05Pinning Down The Hanover Insurance Group, Inc.'s (NYSE:THG) P/S Is Difficult Right Now
Jan 19
Hanover Insurance Group's (NYSE:THG) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 08Hanover Insurance: Lower Combined Ratio Encouraging, But Further Net Income Growth Needed
Nov 14The Hanover Insurance: 3% Dividend Yield And Modest Buy Rating
Sep 12Hanover Insurance Group: Personal Lines Continues To Place Pressure On Earnings
Aug 08Hanover Insurance Group (NYSE:THG) Has Announced That It Will Be Increasing Its Dividend To $0.81
Mar 03Hanover Insurance Q4 2022 Earnings Preview
Jan 31Hanover Insurance expects to incur $90M in Q3 catastrophe losses
Oct 20Hanover Insurance: Rebound Potential, But Modest Growth Likely For Now
Sep 06Hanover Insurance Non-GAAP EPS of $2.32 beats by $0.17, Net premiums written of $1.33B beats by $100M
Aug 02Hanover Insurance: Potential For Rebound Given Continued Premium Growth
Jun 22If You Like EPS Growth Then Check Out Hanover Insurance Group (NYSE:THG) Before It's Too Late
May 04Hanover Insurance Group: Showing Resilience In An Inflationary Environment
Apr 13Hanover Insurance Group: An Assessment Of Inflation Risks
Feb 01Here's Why I Think Hanover Insurance Group (NYSE:THG) Is An Interesting Stock
Jan 31Hanover Insurance Group: Remaining Resilient In A Challenging Industry
Aug 09Here's Why I Think Hanover Insurance Group (NYSE:THG) Might Deserve Your Attention Today
Aug 03The Hanover Insurance Group, Inc. 2021 Q1 - Results - Earnings Call Presentation
Apr 30The Hanover Insurance Group, Inc. (NYSE:THG) Looks Interesting, And It's About To Pay A Dividend
Mar 06Have The Hanover Insurance Group, Inc. (NYSE:THG) Insiders Been Selling Their Stock?
Mar 05The Hanover Insurance Group, Inc.'s (NYSE:THG) 2.3% Dividend Yield Looks Pretty Interesting
Mar 02Results: The Hanover Insurance Group, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 08
Financial Position Analysis
Short Term Liabilities: THG's short term assets ($4.1B) do not cover its short term liabilities ($11.3B).
Long Term Liabilities: THG's short term assets ($4.1B) exceed its long term liabilities ($783.4M).
Debt to Equity History and Analysis
Debt Level: THG's net debt to equity ratio (20.6%) is considered satisfactory.
Reducing Debt: THG's debt to equity ratio has increased from 22.3% to 31.1% over the past 5 years.
Debt Coverage: THG's debt is well covered by operating cash flow (51.4%).
Interest Coverage: THG's interest payments on its debt are well covered by EBIT (7x coverage).