Hanover Invested Capital Average vs Average Equity Analysis

THG Stock  USD 127.21  0.60  0.47%   
Trend analysis of The Hanover Insurance balance sheet accounts such as Total Stockholder Equity of 2.7 B, Net Debt of 490.5 M, Retained Earnings of 1.5 B or Net Receivables of 2.7 B provides information on Hanover Insurance's total assets, liabilities, and equity, which is the actual value of Hanover Insurance to its prevalent stockholders. By breaking down trends over time using Hanover Insurance balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

About Hanover Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Hanover Insurance at a specified time, usually calculated after every quarter, six months, or one year. Hanover Insurance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hanover Insurance and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hanover currently owns. An asset can also be divided into two categories, current and non-current.

Hanover Insurance Balance Sheet Chart

Hanover Insurance Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Hanover Insurance uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Hanover Insurance's Total Stockholder Equity is most likely to increase significantly in the upcoming years. The Hanover Insurance's current Net Debt is estimated to increase to about 490.5 M, while Total Current Liabilities is projected to decrease to roughly 5.2 B.

Total Assets

Total assets refers to the total amount of Hanover Insurance assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Hanover Insurance books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Hanover Insurance balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of The Hanover Insurance are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Hanover Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hanover Insurance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
At this time, Hanover Insurance's Enterprise Value is most likely to increase significantly in the upcoming years.
 2021 2022 2023 2024 (projected)
Gross Profit5.2B5.5B6.0B4.3B
Total Revenue5.2B5.5B6.0B4.3B

Hanover Insurance fundamental ratios Correlations

-0.69-0.2-0.22-0.530.13-0.49-0.270.46-0.040.410.97-0.470.0-0.44-0.13-0.310.45-0.32-0.7-0.16-0.70.080.06-0.720.35
-0.69-0.1-0.040.610.080.410.59-0.260.54-0.13-0.730.150.60.4-0.44-0.080.01-0.040.530.390.530.00.420.99-0.09
-0.2-0.10.99-0.110.220.140.08-0.530.02-0.49-0.05-0.09-0.46-0.170.460.970.210.960.73-0.430.73-0.3-0.31-0.02-0.4
-0.22-0.040.99-0.130.220.170.15-0.550.07-0.46-0.08-0.12-0.41-0.150.40.960.260.950.77-0.40.77-0.26-0.240.03-0.37
-0.530.61-0.11-0.130.240.60.62-0.39-0.01-0.39-0.670.40.390.05-0.06-0.15-0.37-0.110.420.560.420.04-0.080.63-0.37
0.130.080.220.220.240.340.45-0.420.16-0.460.09-0.60.24-0.87-0.10.050.45-0.030.240.090.24-0.31-0.120.1-0.46
-0.490.410.140.170.60.340.55-0.89-0.18-0.83-0.560.4-0.16-0.170.140.1-0.330.10.570.010.57-0.28-0.510.42-0.85
-0.270.590.080.150.620.450.55-0.410.43-0.28-0.340.020.32-0.16-0.54-0.040.34-0.030.490.590.490.220.150.6-0.27
0.46-0.26-0.53-0.55-0.39-0.42-0.89-0.410.180.960.45-0.230.330.27-0.38-0.490.2-0.48-0.760.28-0.760.390.56-0.30.94
-0.040.540.020.07-0.010.16-0.180.430.180.270.02-0.450.490.16-0.77-0.050.72-0.030.180.230.180.170.710.550.32
0.41-0.13-0.49-0.46-0.39-0.46-0.83-0.280.960.270.39-0.210.370.36-0.46-0.440.29-0.42-0.640.32-0.640.420.64-0.190.99
0.97-0.73-0.05-0.08-0.670.09-0.56-0.340.450.020.39-0.52-0.11-0.41-0.09-0.160.52-0.17-0.64-0.3-0.640.040.07-0.740.34
-0.470.15-0.09-0.120.4-0.60.40.02-0.23-0.45-0.21-0.52-0.340.590.270.0-0.790.080.150.120.150.04-0.440.15-0.23
0.00.6-0.46-0.410.390.24-0.160.320.330.490.37-0.11-0.340.06-0.54-0.50.26-0.47-0.110.48-0.110.170.720.560.39
-0.440.4-0.17-0.150.05-0.87-0.17-0.160.270.160.36-0.410.590.06-0.090.0-0.370.090.080.050.080.250.330.390.39
-0.13-0.440.460.4-0.06-0.10.14-0.54-0.38-0.77-0.46-0.090.27-0.54-0.090.55-0.60.540.22-0.590.22-0.39-0.64-0.4-0.44
-0.31-0.080.970.96-0.150.050.1-0.04-0.49-0.05-0.44-0.160.0-0.50.00.550.070.990.74-0.480.74-0.28-0.29-0.01-0.35
0.450.010.210.26-0.370.45-0.330.340.20.720.290.52-0.790.26-0.37-0.60.070.030.00.080.00.120.50.00.31
-0.32-0.040.960.95-0.11-0.030.1-0.03-0.48-0.03-0.42-0.170.08-0.470.090.540.990.030.75-0.470.75-0.26-0.260.04-0.32
-0.70.530.730.770.420.240.570.49-0.760.18-0.64-0.640.15-0.110.080.220.740.00.75-0.081.0-0.21-0.140.59-0.55
-0.160.39-0.43-0.40.560.090.010.590.280.230.32-0.30.120.480.05-0.59-0.480.08-0.47-0.08-0.080.490.350.360.32
-0.70.530.730.770.420.240.570.49-0.760.18-0.64-0.640.15-0.110.080.220.740.00.751.0-0.08-0.21-0.140.59-0.55
0.080.0-0.3-0.260.04-0.31-0.280.220.390.170.420.040.040.170.25-0.39-0.280.12-0.26-0.210.49-0.210.52-0.020.43
0.060.42-0.31-0.24-0.08-0.12-0.510.150.560.710.640.07-0.440.720.33-0.64-0.290.5-0.26-0.140.35-0.140.520.390.68
-0.720.99-0.020.030.630.10.420.6-0.30.55-0.19-0.740.150.560.39-0.4-0.010.00.040.590.360.59-0.020.39-0.13
0.35-0.09-0.4-0.37-0.37-0.46-0.85-0.270.940.320.990.34-0.230.390.39-0.44-0.350.31-0.32-0.550.32-0.550.430.68-0.13
Click cells to compare fundamentals

Hanover Insurance Account Relationship Matchups

Hanover Insurance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.5B13.4B14.3B14.0B12.7B13.4B
Short Long Term Debt Total653.4M780.8M781.6M782.4M783.2M634.8M
Other Current Liab(53.4M)(48.4M)(55.1M)661.4M6.0B6.8B
Total Current Liabilities53.4M48.4M55.1M731.7M6.1B5.2B
Total Stockholder Equity2.9B3.2B3.1B2.3B2.5B2.7B
Net Debt437.7M660.2M550.7M477.4M467.1M490.5M
Retained Earnings2.4B2.7B3.0B3.0B2.9B1.5B
Net Receivables3.1B3.2B3.4B3.6B3.8B2.7B
Common Stock Shares Outstanding40.6M38.1M36.4M36.1M32.5M38.3M
Liabilities And Stockholders Equity12.5B13.4B14.3B14.0B12.7B13.4B
Non Current Liabilities Total705.2M878.1M842.4M10.9B4.1B7.5B
Other Stockholder Equity352.1M161.1M38.9M41.7M72.8M69.2M
Total Liab9.6B10.2B11.1B11.7B10.2B11.4B
Total Current Assets3.3B3.3B3.6B2.7B2.5B2.3B
Cash215.7M120.6M230.9M305M316.1M317.1M
Non Current Assets Total7.4B8.2B8.6B378M10.1B10.7B
Non Currrent Assets Other(7.4B)(8.2B)(8.6B)(7.7B)1.3B1.3B
Other Assets1.8B1.9B2.1B10.9B9.8B8.8B
Cash And Short Term Investments215.7M120.6M230.9M305M3.3B3.4B
Short Term Investments6.7B7.5B767.4M786.1M468.6M445.2M
Accumulated Other Comprehensive Income152.6M372.5M122.2M(705.5M)(517.2M)(491.3M)
Other Liab3.6B4.0B97.3M60.8M69.9M66.4M
Accounts Payable53.4M48.4M55.1M70.3M64.3M61.1M
Long Term Debt653.4M780.8M781.6M782.4M783.2M697.6M
Treasury Stock(1.5B)(1.7B)(1.8B)(1.9B)(1.7B)(1.6B)
Other Current Assets1.9B1.9B2.0B(2.0B)2.5B2.9B
Retained Earnings Total Equity2.4B2.7B3.0B3.0B3.4B1.9B
Net Tangible Assets2.7B3.0B3.0B2.1B2.5B2.9B
Long Term Debt Total653.4M780.8M781.6M782.4M704.2M641.4M
Capital Surpluse1.8B1.9B1.9B1.9B2.2B2.0B
Long Term Investments8.0B8.9B9.2B8.6B8.1B8.9B
Non Current Liabilities Other8.2B8.7B9.4B10.2B9.1B7.4B

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.

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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 World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
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 Global Correlations module to find global opportunities by holding instruments from different markets.

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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
0.93
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.