The Hanover Insurance Stock Total Debt

THG Stock  USD 135.54  3.80  2.88%   
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 Debt To Capitalization is estimated to decrease to 0.14.
  
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Hanover Total Debt Analysis

Hanover Insurance's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
 2021 2022 2023 2024 (projected)
Gross Profit5.2B5.5B6.0B4.3B
Total Revenue5.2B5.5B6.0B4.3B

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current Hanover Insurance Total Debt

    
  783.2 M  
Most of Hanover Insurance's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, The Hanover Insurance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hanover Total Debt 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 Total Debt. 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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In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

Hanover Short Long Term Debt Total

Short Long Term Debt Total

634.78 Million

At this time, Hanover Insurance's Short and Long Term Debt Total is most likely to increase significantly in the upcoming years.
Based on the latest financial disclosure, The Hanover Insurance has a Total Debt of 783.2 M. This is 98.06% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The total debt for all United States stocks is 85.27% higher than that of the company.

Hanover Total Debt 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 Total Debt 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 total debt category among related companies.

Hanover Insurance Institutional Holders

Institutional Holdings refers to the ownership stake in Hanover Insurance that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hanover Insurance's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hanover Insurance's value.
Shares
Dimensional Fund Advisors, Inc.2023-12-31
760.8 K
Ameriprise Financial Inc2023-12-31
711.8 K
Macquarie Group Ltd2023-12-31
615.5 K
Alliancebernstein L.p.2023-12-31
602.5 K
Geode Capital Management, Llc2023-12-31
591.5 K
Principal Financial Group Inc2023-12-31
557.8 K
First Trust Advisors L.p.2023-12-31
548.4 K
Bank Of New York Mellon Corp2023-12-31
485.9 K
London Company Of Virginia2023-12-31
419.4 K
Vanguard Group Inc2023-12-31
3.6 M
Blackrock Inc2023-12-31
3.3 M

Hanover Fundamentals

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.
Last ReportedProjected for 2024
Total Debt To Capitalization 0.24  0.14 

Hanover Insurance Investors Sentiment

The influence of Hanover Insurance's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hanover. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hanover Insurance's public news can be used to forecast risks associated with an investment in Hanover. The trend in average sentiment can be used to explain how an investor holding Hanover can time the market purely based on public headlines and social activities around The Hanover Insurance. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hanover Insurance's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hanover Insurance's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hanover Insurance's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hanover Insurance.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hanover Insurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hanover Insurance's short interest history, or implied volatility extrapolated from Hanover Insurance options trading.

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 Hanover Insurance Piotroski F Score and Hanover Insurance Altman Z Score analysis.
Note that the Hanover Insurance information on this page should be used as a complementary analysis to other Hanover Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Hanover Stock analysis

When running Hanover Insurance's price analysis, check to measure Hanover Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hanover Insurance is operating at the current time. Most of Hanover Insurance's value examination focuses on studying past and present price action to predict the probability of Hanover Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Insurance's price. Additionally, you may evaluate how the addition of Hanover Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Hanover Insurance's industry 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
16.105
Dividend Share
3.28
Earnings Share
0.94
Revenue Per Share
167.885
Quarterly Revenue Growth
0.034
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.