The Hartford Financial Services Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has The Hartford Financial Services Group's balance sheet done over the years? Its assets were worth $76,780,000,000 last year, which is more than in the previous period. 71% of The Hartford Financial Services Group’s total assets is currently financed by debt. Its liabilities reached the amount of $54,769,000,000, which means an decrease by -8% compared compared to last year.
Debt to Assets
| 2014 | 245013000000 | 226.29B | 92.36% |
|---|---|---|---|
| 2015 | 228348000000 | 210.70B | 92.27% |
| 2016 | 223432000000 | 206.52B | 92.43% |
| 2017 | 225260000000 | 211.76B | 94.01% |
| 2018 | 62307000000 | 49.20B | 78.97% |
| 2019 | 70817000000 | 54.54B | 77.03% |
| 2020 | 74111000000 | 4.35B | 5.87% |
| 2021 | 76578000000 | 4.94B | 6.46% |
| 2022 | 73022000000 | 59.39B | 81.33% |
| 2023 | 76780000000 | 54.76B | 71.33% |
HIG Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 126M | 229M | 205M | 151M | 185M | 121M | 180M | 882M | 448M | 399M |
Short term investments | 5.35B | 40.09B | 46.54B | 48.31B | 45.06B | 39.93B | 40.24B | 60.34B | 62.16B | 65.31B |
Net receivables | 12.71B | 11.91B | 10.96B | 10.27B | 9.91B | 8.35B | 7.97B | 27.04B | 0 | 0 |
Inventory | 0 | -10.56B | -9.91B | -9.23B | -9.06B | 0 | 0 | 0 | 0 | 0 |
Other current assets | 11.55B | 10.56B | 9.91B | 9.23B | 9.06B | -8.64B | 839M | -84.14B | 0 | 0 |
Total current assets | 24.38B | 52.23B | 57.71B | 58.74B | 55.16B | 39.76B | 49.23B | 4.12B | 2.29B | 5.28B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 896M | 927M | 1.02B | 1.12B | 1.18B | 1.00B | 1.03B | 991M | 974M | 831M |
Goodwill | 1.91B | 1.91B | 1.91B | 1.91B | 1.91B | 1.29B | 1.29B | 567M | 498M | 498M |
Intangible assets | 707M | 778M | 858M | 950M | 1.07B | 657M | 659M | 689M | 1.81B | 1.82B |
Long term investments | 4.97B | 46.40B | 51.99B | 51.83B | 48.49B | 42.89B | 41.87B | 63.09B | 65.53B | 68.75B |
Other non-current assets | 66.57B | -1.44B | -270M | -46M | -299M | -24.55B | 130.00B | 151.37B | 155.84B | 166.75B |
Total non-current assets | 76.65B | 50.01B | 55.78B | 55.82B | 52.65B | 22.53B | 176.02B | 219.30B | 226.05B | 239.73B |
Total assets | 76.78B | 73.02B | 76.57B | 74.11B | 70.81B | 62.30B | 225.26B | 223.43B | 228.34B | 245.01B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 1.44B | 0 | 0 | -255M | -767M | -816M | -31.17B | -31.67B | -32.53B |
Short term debt | 0 | -34.27B | 0 | 0 | 500M | 413M | 320M | 416M | 275M | 456M |
Total current liabilities | 35.21B | 2.10B | 687M | 701M | 500M | 44.94B | 207.08B | 203.17B | 205.62B | 220.64B |
| Non-current liabilities: | ||||||||||
Long term debt | 4.36B | 4.35B | 4.94B | 4.35B | 4.34B | 4.26B | 4.67B | 4.63B | 5.08B | 5.65B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 14.19B | 51.81B | -1.35B | -1.42B | -840M | 4.80B | 0 | -1.00B | 0 | 0 |
Total non-current liabilities | 19.55B | 57.28B | 4.94B | 4.35B | 4.34B | 4.26B | 4.67B | 4.49B | 5.08B | 5.65B |
Total liabilities | 54.76B | 59.39B | 4.94B | 4.35B | 54.54B | 49.20B | 211.76B | 206.52B | 210.70B | 226.29B |
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