HANOVER INSURANCE
HANOVER INSURANCE operates in Diversified Metals & Mining.
HANOVER INSURANCE (AF4) - Total Assets
Latest total assets as of September 2024: €15.37 Billion EUR
Based on the latest financial reports, HANOVER INSURANCE (AF4) holds total assets worth €15.37 Billion EUR as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
HANOVER INSURANCE - Total Assets Trend (2016–2023)
This chart illustrates how HANOVER INSURANCE’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
HANOVER INSURANCE - Asset Composition Analysis
Current Asset Composition (December 2023)
HANOVER INSURANCE's total assets of €15.37 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 2.2% |
| Accounts Receivable | €3.76 Billion | 25.7% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €178.80 Million | 1.2% |
Asset Composition Trend (2016–2023)
This chart illustrates how HANOVER INSURANCE's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: HANOVER INSURANCE's current assets represent 0.0% of total assets in 2023, unchanged from 0.0% in 2016.
- Cash Position: Cash and equivalents constituted 2.2% of total assets in 2023, up from 2.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, unchanged from 1.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 25.7% of total assets.
HANOVER INSURANCE Competitors by Total Assets
Key competitors of HANOVER INSURANCE based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
XIWANG SPECIAL STEE (2XI.SG)
STU:2XI
|
Germany | €15.07 Billion |
|
LINDT & SPRUENGLI N - Dusseldorf Stock Exchang
DU:LSPN
|
Germany | €7.86 Billion |
|
PRICELINE.COM
BE:PCE1
|
Germany | €27.98 Billion |
|
PRICELINE GROUP (PCE1.SG)
STU:PCE1
|
Germany | €27.98 Billion |
|
MURPHY USA
BE:1MU
|
Germany | €4.40 Billion |
|
RESMED (RME.SG)
STU:RME
|
Germany | €7.22 Billion |
|
DIOS EXPLORATIONS
BE:BFM
|
Germany | €7.25 Million |
|
CHINA YUCHAI INTL (CYD.SG)
STU:CYD
|
Germany | €25.76 Billion |
HANOVER INSURANCE - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - HANOVER INSURANCE generates 0.41x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, HANOVER INSURANCE generates $ 0.24 in net profit.
HANOVER INSURANCE - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | - | - | |
| Quick Ratio | - | - | |
| Cash Ratio | - | - | |
| Working Capital | €- | - | - |
HANOVER INSURANCE - Advanced Valuation Insights
This section examines the relationship between HANOVER INSURANCE's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 4.4% |
| Total Assets | €14.61 Billion |
| Market Capitalization | $1.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values HANOVER INSURANCE's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: HANOVER INSURANCE's assets grew by 4.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for HANOVER INSURANCE (2016–2023)
The table below shows the annual total assets of HANOVER INSURANCE from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €14.61 Billion | +4.41% |
| 2022-12-31 | €14.00 Billion | -1.82% |
| 2021-12-31 | €14.25 Billion | +6.03% |
| 2020-12-31 | €13.44 Billion | +7.63% |
| 2019-12-31 | €12.49 Billion | +0.73% |
| 2018-12-31 | €12.40 Billion | -19.84% |
| 2017-12-31 | €15.47 Billion | +8.78% |
| 2016-12-31 | €14.22 Billion | -- |