Erie Indemnity Company
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Erie Indemnity Company's balance sheet done over the years? Its assets were worth $2,471,964,000 last year, which is more than in the previous period. 33% of Erie Indemnity Company’s total assets is currently financed by debt. Its liabilities reached the amount of $809,129,000, which means an increase by 2% compared compared to last year.
Debt to Assets
| 2014 | 17758000000 | 9.77B | 55.05% |
|---|---|---|---|
| 2015 | 1407296000 | 637.79M | 45.32% |
| 2016 | 1548955000 | 732.04M | 47.26% |
| 2017 | 1665859000 | 808.51M | 48.53% |
| 2018 | 1778327000 | 804.65M | 45.25% |
| 2019 | 2016240000 | 882.98M | 43.79% |
| 2020 | 2117122000 | 929.07M | 43.88% |
| 2021 | 2242057000 | 899.57M | 40.12% |
| 2022 | 2239456000 | 791.04M | 35.32% |
| 2023 | 2471964000 | 809.12M | 32.73% |
ERIE Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 144.05M | 142.09M | 183.70M | 161.24M | 336.73M | 266.41M | 215.72M | 189.07M | 182.88M | 514M |
Short term investments | 82.01M | 24.26M | 38.39M | 17.69M | 32.81M | 402.33M | 71.19M | 56.13M | 62.06M | 10.44B |
Net receivables | 634.79M | 524.93M | 479.12M | 497.30M | 469.09M | 458.03M | 425.18M | 408.8M | 353.54M | 0 |
Inventory | 0 | -87.50M | -62.50M | -58.72M | -521.85M | 1 | 766.99M | 1 | -385.00M | -3.22B |
Other current assets | 69.32M | 87.50M | 62.50M | 58.72M | 521.85M | -1.13B | 89.79M | -660.34M | 36.64M | 0 |
Total current assets | 930.18M | 691.29M | 701.22M | 676.23M | 838.64M | 1.12B | 760.13M | 654.01M | 635.14M | 514M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 442.61M | 413.87M | 374.80M | 265.34M | 221.37M | 130.83M | 83.14M | 69.14M | 59.08M | 0 |
Goodwill | 38.64M | 42.77M | 47.59M | 54.77M | 46.39M | 0 | 40.68M | 0 | 0 | 0 |
Intangible assets | -88.17M | 0 | 1.36B | 1.22B | 982.40M | 0 | 805.61M | 0 | 0 | 0 |
Long term investments | 963.47M | 967.22M | 1.03B | 1.02B | 824.60M | 795.19M | 803.83M | 771.45M | 688.47M | 14.66B |
Other non-current assets | 185.21M | -56.85M | -1.40B | -1.28B | -1.04B | -926.02M | -886.98M | -89.22M | 583.84M | -14.66B |
Total non-current assets | 1.54B | 1.38B | 1.40B | 1.28B | 1.04B | 926.02M | 886.98M | 840.59M | 772.15M | 37M |
Total assets | 2.47B | 2.23B | 2.24B | 2.11B | 2.01B | 1.77B | 1.66B | 1.54B | 1.40B | 17.75B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 36.54M | 34.93M | 36.91M | 35.93M | 33.85M | 257.92M | 0 | 0 | 0 |
Short term debt | 0 | 0 | 2.09M | 2.03M | 1.97M | 1.87M | 0 | 0 | 0 | 0 |
Total current liabilities | 708.97M | 502.49M | 446.09M | 451.99M | 435.83M | 388.58M | 332.65M | 298.71M | 445.69M | 0 |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 54.44M | 91.73M | 93.83M | 95.84M | 97.86M | 74.72M | 24.76M | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 100.15M | 416.07M | -47.45M | -42.43M | -29.20M | -18.35M | -70.77M | -58.25M | 371.54M | -490M |
Total non-current liabilities | 100.15M | 502.49M | 109.42M | 112.71M | 114.27M | 115.73M | 3.95M | 1.84M | 192.09M | 9.77B |
Total liabilities | 809.12M | 791.04M | 899.57M | 929.07M | 882.98M | 804.65M | 808.51M | 732.04M | 637.79M | 9.77B |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |