The Hanover Insurance 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 Hanover Insurance Group's balance sheet done over the years? Its assets were worth $14,612,600,000 last year, which is more than in the previous period. 83% of The Hanover Insurance Group’s total assets is currently financed by debt. Its liabilities reached the amount of $12,147,000,000, which means an increase by 4% compared compared to last year.
Debt to Assets
| 2014 | 13759700000 | 10.91B | 79.33% |
|---|---|---|---|
| 2015 | 13790900000 | 10.94B | 79.37% |
| 2016 | 14220400000 | 11.36B | 79.91% |
| 2017 | 15469600000 | 12.47B | 80.62% |
| 2018 | 12399700000 | 9.44B | 76.17% |
| 2019 | 12490500000 | 9.57B | 76.65% |
| 2020 | 13443700000 | 10.24B | 76.18% |
| 2021 | 14254300000 | 11.10B | 77.94% |
| 2022 | 13997200000 | 11.67B | 83.39% |
| 2023 | 14612600000 | 12.14B | 83.13% |
THG Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 316.1M | 305M | 230.9M | 120.6M | 215.7M | 1.02B | 376.4M | 282.6M | 338.8M | 373.3M |
Short term investments | 468.6M | 786.1M | 767.4M | 7.45B | 6.68B | 6.16B | 7.77B | 7.33B | 6.98B | 7.37B |
Net receivables | 1.70B | 3.56B | 3.37B | 3.21B | 3.07B | 2.82B | 1.56B | 4.04B | 1.39B | 1.36B |
Inventory | 0 | 786.1M | -2.04B | -1.85B | -1.86B | 3.70B | -5.28B | -4.77B | 0 | 0 |
Other current assets | 0 | -1.96B | 2.04B | 1.85B | 1.86B | 2.45B | 0 | 2.15B | 0 | 0 |
Total current assets | 2.02B | 2.69B | 3.60B | 3.33B | 3.29B | 10.00B | 1.94B | 1.72B | 1.73B | 1.73B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 0 | 0 | 8.50B | 8.13B | 7.38B | 6.75B | 0 | 0 | 0 | 1 |
Goodwill | 178.8M | 178.8M | 178.8M | 178.8M | 178.8M | 178.8M | 192.6M | 184.8M | 186M | 184.6M |
Intangible assets | 0 | 178.8M | 178.8M | 178.8M | 178.8M | 450.8M | 430M | 517.5M | 508.8M | 525.7M |
Long term investments | 425.5M | 7.72B | 8.38B | 8.05B | 7.26B | 6.62B | 8.35B | 7.91B | 7.56B | 7.95B |
Other non-current assets | 173.3M | -7.72B | -8.56B | -8.23B | -7.44B | -6.80B | -8.35B | -7.91B | -7.56B | -7.95B |
Total non-current assets | 777.6M | 378M | 8.56B | 8.23B | 7.44B | 6.80B | 221.8M | 299.9M | 323.9M | 315.8M |
Total assets | 14.61B | 13.99B | 14.25B | 13.44B | 12.49B | 12.39B | 15.46B | 14.22B | 13.79B | 13.75B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 6.09B | 731.7M | 55.1M | 48.4M | 53.4M | 37.3M | 716.2M | 728M | 724.9M | 695.4M |
| Non-current liabilities: | ||||||||||
Long term debt | 783.2M | 782.4M | 781.6M | 780.8M | 653.4M | 777.9M | 786.9M | 786.4M | 803.1M | 903.5M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 11.36B | 10.15B | -842.4M | -878.1M | -705.2M | -777.9M | 10.96B | 9.58B | 10.13B | 9.31B |
Total non-current liabilities | 12.14B | 10.93B | 842.4M | 878.1M | 705.2M | 777.9M | 11.75B | 10.63B | 10.22B | 10.22B |
Total liabilities | 12.14B | 11.67B | 11.10B | 10.24B | 9.57B | 9.44B | 12.47B | 11.36B | 10.94B | 10.91B |
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