The Hanover Insurance Group Inc
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. It offers commercial multiple peril, workers' compensation, commercial automobile, and other commercial lines coverage; and professional and execu… Read more
The Hanover Insurance Group Inc (THG) - Total Liabilities
Latest total liabilities as of December 2025: $11.36 Billion USD
Based on the latest financial reports, The Hanover Insurance Group Inc (THG) has total liabilities worth $11.36 Billion USD as of December 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
The Hanover Insurance Group Inc - Total Liabilities Trend (1995–2025)
This chart illustrates how The Hanover Insurance Group Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
The Hanover Insurance Group Inc Competitors by Total Liabilities
The table below lists competitors of The Hanover Insurance Group Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
IndusInd Bank Limited
NSE:INDUSINDBK
|
India | ₹4.62 Trillion |
|
Commerce Bancshares Inc
NASDAQ:CBSH
|
USA | $29.10 Billion |
|
NICE Ltd
PINK:NCSYF
|
USA | $1.29 Billion |
|
PharmaEssentia
TW:6446
|
Taiwan | NT$4.70 Billion |
|
Chord Energy Corp
NASDAQ:CHRD
|
USA | $5.02 Billion |
|
GD Power Development Co Ltd
SHG:600795
|
China | CN¥379.74 Billion |
|
StandardAero, Inc.
NYSE:SARO
|
USA | $3.89 Billion |
Liability Composition Analysis (1995–2025)
This chart breaks down The Hanover Insurance Group Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 7.96 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 2.99 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 3.18 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.76 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how The Hanover Insurance Group Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for The Hanover Insurance Group Inc (1995–2025)
The table below shows the annual total liabilities of The Hanover Insurance Group Inc from 1995 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $11.36 Billion | -8.60% |
| 2024-12-31 | $12.43 Billion | +2.35% |
| 2023-12-31 | $12.15 Billion | +4.16% |
| 2022-12-31 | $11.66 Billion | +4.97% |
| 2021-12-31 | $11.11 Billion | +8.47% |
| 2020-12-31 | $10.24 Billion | +6.97% |
| 2019-12-31 | $9.57 Billion | +1.37% |
| 2018-12-31 | $9.45 Billion | -24.27% |
| 2017-12-31 | $12.47 Billion | +9.76% |
| 2016-12-31 | $11.36 Billion | +3.80% |
| 2015-12-31 | $10.95 Billion | +0.28% |
| 2014-12-31 | $10.92 Billion | +1.22% |
| 2013-12-31 | $10.78 Billion | -0.97% |
| 2012-12-31 | $10.89 Billion | +7.66% |
| 2011-12-31 | $10.11 Billion | +65.56% |
| 2010-12-31 | $6.11 Billion | +7.48% |
| 2009-12-31 | $5.68 Billion | -22.59% |
| 2008-12-31 | $7.34 Billion | -2.31% |
| 2007-12-31 | $7.52 Billion | -4.34% |
| 2006-12-31 | $7.86 Billion | -9.51% |
| 2005-12-31 | $8.68 Billion | -59.39% |
| 2004-12-31 | $21.38 Billion | -8.20% |
| 2003-12-31 | $23.29 Billion | -3.98% |
| 2002-12-31 | $24.25 Billion | -12.26% |
| 2001-12-31 | $27.64 Billion | -4.27% |
| 2000-12-31 | $28.88 Billion | +2.24% |
| 1999-12-31 | $28.25 Billion | +13.46% |
| 1998-12-31 | $24.89 Billion | +26.27% |
| 1997-12-31 | $19.71 Billion | +19.76% |
| 1996-12-31 | $16.46 Billion | +6.72% |
| 1995-12-31 | $15.43 Billion | -- |