The Hanover Insurance Group Inc (THG) - Total Liabilities
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. Explore cash efficiency ratio of The Hanover Insurance Group Inc to assess how effectively this company generates cash.
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. Check The Hanover Insurance Group Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
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 |
|---|---|---|
|
Nestle (Malaysia) Bhd
KLSE:4707
|
Malaysia | RM3.05 Billion |
|
Shan Dong Sun Paper Industry Joint Stock Co Ltd
SHE:002078
|
China | CN¥27.57 Billion |
|
Brinker International Inc
NYSE:EAT
|
USA | $2.37 Billion |
|
Primo Brands Corporation
NYSE:PRMB
|
USA | $7.80 Billion |
|
Amdocs Limited
F:AOS
|
Germany | €2.88 Billion |
|
United Integrated Services Co Ltd
TW:2404
|
Taiwan | NT$53.22 Billion |
|
Hyundai Mipo Dockyard
KO:010620
|
Korea | ₩2.95 Trillion |
|
Ningbo Zhenyu Technology Co. Ltd.
SHE:300953
|
China | CN¥7.75 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. For the full company profile including market capitalisation, see THG stock market capitalisation.
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 | -- |
About 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