What is the Return on Assets (ROA) of Hanover Insurance Group this year?
The Return on Assets (ROA) of Hanover Insurance Group is 0 undefined this year.
Hanover Insurance Group ROA 2024
Hanover Insurance Group ROA
0
Ticker
THG
ISIN
US4108671052
WKN
A0ESNN
In 2024, Hanover Insurance Group's return on assets (ROA) was 0, a -70.85% increase from the 0.01 ROA 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.ROA Details
Understanding Hanover Insurance Group's Return on Assets (ROA)
Hanover Insurance Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Hanover Insurance Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Hanover Insurance Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Hanover Insurance Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Hanover Insurance Group stock
What was the ROA of Hanover Insurance Group compared to the previous year?
The ROA of Hanover Insurance Group has increased by -70.85% compared to the previous year.
What consequences do high ROA have for investors of Hanover Insurance Group?
A high ROA is advantageous for investors of Hanover Insurance Group, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Hanover Insurance Group?
A low ROA can be unfavorable for investors of Hanover Insurance Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Hanover Insurance Group affect the company?
An increase in ROA of Hanover Insurance Group can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Hanover Insurance Group impact the company?
A reduction in the ROA of Hanover Insurance Group can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Hanover Insurance Group?
Some factors that can influence the ROA of Hanover Insurance Group include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Hanover Insurance Group important for investors?
The ROA of Hanover Insurance Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Hanover Insurance Group take to improve ROA?
To improve ROA, Hanover Insurance Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
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 2.22 %. 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 2.22 %.
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 2.26 %.
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
