HANOVER INSURANCE
HANOVER INSURANCE operates in Diversified Metals & Mining.
HANOVER INSURANCE (AF4) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.137x
Based on the latest financial reports, HANOVER INSURANCE (AF4) has a cash flow conversion efficiency ratio of 0.137x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€394.70 Million) by net assets (€2.88 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
HANOVER INSURANCE - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how HANOVER INSURANCE's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
HANOVER INSURANCE Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of HANOVER INSURANCE ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ENZON PHARM (EZ1.SG)
STU:EZ1
|
1.125x |
|
LIQUID META CAPITAL HLDGS
F:N5F
|
N/A |
|
Patriot Gold Corp
PINK:PGOL
|
0.226x |
|
Centogene N.V.
NASDAQ:CNTGF
|
N/A |
|
iWallet Corporation
PINK:IWAL
|
0.015x |
|
Bls Invest Danske Aktier Kl
CO:BLKDA
|
N/A |
|
8COMMON Ltd
AU:8CO
|
-0.370x |
|
CMX Gold & Silver Corp
PINK:CXXMF
|
0.072x |
Annual Cash Flow Conversion Efficiency for HANOVER INSURANCE (2016–2023)
The table below shows the annual cash flow conversion efficiency of HANOVER INSURANCE from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €2.47 Billion | €361.70 Million | 0.147x | -52.60% |
| 2022-12-31 | €2.33 Billion | €722.30 Million | 0.310x | +18.17% |
| 2021-12-31 | €3.14 Billion | €823.70 Million | 0.262x | +18.53% |
| 2020-12-31 | €3.20 Billion | €707.60 Million | 0.221x | +6.88% |
| 2019-12-31 | €2.92 Billion | €602.90 Million | 0.207x | +10.80% |
| 2018-12-31 | €2.95 Billion | €551.30 Million | 0.187x | -20.62% |
| 2017-12-31 | €3.00 Billion | €704.60 Million | 0.235x | -8.94% |
| 2016-12-31 | €2.86 Billion | €737.60 Million | 0.258x | -- |