What is the debt of Hanover Insurance Group this year?
Hanover Insurance Group has a debt level of 467.1 USD this year.
Hanover Insurance Group Debt 2024
Hanover Insurance Group Debt
467.1 USD
Ticker
THG
ISIN
US4108671052
WKN
A0ESNN
In 2024, Hanover Insurance Group's total debt was 467.1 USD, a -2.16% change from the 477.4 USD total debt recorded in the previous year.
Hanover Insurance Group Aktienanalyse
What does Hanover Insurance Group do?
Hanover Insurance Group Inc is an American company that operates in the insurance and financial services sector. Founded in 1852 in the city of Hanover, New Hampshire, the company has become one of the largest insurance providers in the US and is listed on the New York Stock Exchange. The company's business model combines traditional insurance solutions with modern technologies to provide customers with an optimal customer experience. They offer insurance in various sectors such as automotive, home, life, and leisure industries. Through their wide coverage in different sectors, Hanover Insurance Group Inc is able to offer a variety of products tailored to the specific needs of their customers. They have also developed innovative solutions, such as the Hanover Digital Advantage program, which allows customers to easily and quickly submit insurance applications. The company's digital platform provides various tools and resources to help customers manage their insurance and process claims quickly and easily. They also offer specialized insurance products for small and medium-sized businesses, including cyber security insurance, unemployment insurance, and business content insurance. These insurance options help businesses safeguard against a variety of risks and ensure they remain financially protected in case of damages. Additionally, Hanover Insurance Group Inc places a strong emphasis on building close relationships with their customers, offering personalized advice and support to ensure they receive the best insurance solutions. The company takes pride in its excellent customer service skills and has received multiple awards for it. Furthermore, Hanover Insurance Group Inc has successfully expanded internationally through the establishment of its subsidiary, Hanover Insurance International Holdings Ltd, which offers insurance products in Europe, Asia, and Latin America. In summary, Hanover Insurance Group Inc is a leading American insurance provider offering a wide range of insurance solutions for individuals and businesses. Their innovative business model, combining traditional expertise with modern technologies and personalized advice, has established them as one of the leading providers in the US market. Hanover Insurance Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Hanover Insurance Group's Debt Structure
Hanover Insurance Group's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Hanover Insurance Group's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Hanover Insurance Group’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Hanover Insurance Group’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Hanover Insurance Group stock
What was the debt of Hanover Insurance Group compared to the previous year?
The debt of Hanover Insurance Group has increased by -2.16% compared to the previous year dropped.
What are the consequences of high debt for investors in Hanover Insurance Group?
High debt can pose a risk for investors of Hanover Insurance Group, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Hanover Insurance Group?
Low debt means that Hanover Insurance Group has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Hanover Insurance Group affect the company?
An increase in debt of Hanover Insurance Group can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Hanover Insurance Group affect the company?
A reduction in debt of Hanover Insurance Group can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Hanover Insurance Group?
Some factors that can influence the debt of Hanover Insurance Group include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Hanover Insurance Group so important for investors?
The debts of Hanover Insurance Group are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Hanover Insurance Group take to change the debt?
To change the debt, Hanover Insurance Group can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Hanover Insurance Group pay?
Over the past 12 months, Hanover Insurance Group paid a dividend of 3.28 USD . This corresponds to a dividend yield of about 2.25 %. For the coming 12 months, Hanover Insurance Group is expected to pay a dividend of 3.33 USD.
What is the dividend yield of Hanover Insurance Group?
The current dividend yield of Hanover Insurance Group is 2.25 %.
When does Hanover Insurance Group pay dividends?
Hanover Insurance Group pays a quarterly dividend. This is distributed in the months of January, April, July, October.
How secure is the dividend of Hanover Insurance Group?
Hanover Insurance Group paid dividends every year for the past 22 years.
What is the dividend of Hanover Insurance Group?
For the upcoming 12 months, dividends amounting to 3.33 USD are expected. This corresponds to a dividend yield of 2.28 %.
In which sector is Hanover Insurance Group located?
Hanover Insurance Group is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Hanover Insurance Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Hanover Insurance Group from 9/27/2024 amounting to 0.85 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did Hanover Insurance Group pay the last dividend?
The last dividend was paid out on 9/27/2024.
What was the dividend of Hanover Insurance Group in the year 2023?
In the year 2023, Hanover Insurance Group distributed 3.06 USD as dividends.
In which currency does Hanover Insurance Group pay out the dividend?
The dividends of Hanover Insurance Group are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von Hanover Insurance Group
Our stock analysis for Hanover Insurance Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hanover Insurance Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Hanover Insurance Group Revenue
- Hanover Insurance Group Net Income
- Hanover Insurance Group P/E
- Hanover Insurance Group P/S
- Hanover Insurance Group EBIT
- Hanover Insurance Group Dividend
- Hanover Insurance Group Stocks
- Hanover Insurance Group Market capitalization
- Hanover Insurance Group Debt
- Hanover Insurance Group Liabilities
- Hanover Insurance Group Equity
- Hanover Insurance Group AAQS
- Hanover Insurance Group Employees
- Hanover Insurance Group ROE
- Hanover Insurance Group ROA
- Hanover Insurance Group ROCE
