Debt to Equity Ratio Analysis of Erie Indemnity Company - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Very Good Debt to Equity
0.321
Period Ending - Dec-22
Excellent Debt to Equity
0.207
Growth
54.84 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.298
Debt to Equity Analysis of Erie Indemnity Company
Debt to Equity Ratio 0.321 of Erie Indemnity Company indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of ERIE rose handsomely by 54.84 % this year. |
Debt to Equity Ratio with value of 0.321 was highest in Year Dec-23 in last Five Years. |
Debt to Equity Ratio with value of 0.070 was lowest in Year Dec-21 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.321 is Greater than Average Debt to Equity of 0.153 in last five years. |
Other Debt to Equity Related Info of ERIE that may interest you.
Erie Indemnity Company Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ERIE | 362.43 | 373.95 | 3.08 % | Insurance Brokers |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Good Stability |
FY - Historical Debt to Equity Ratio of Erie Indemnity Company
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.321 | 0.207 | 0.070 | 0.081 | 0.086 | 0.102 | 0.353 |
Change | 54.84 % | 196.37 % | -13.38 % | -6.52 % | -15.73 % | -71.00 % | 22.63 % |
FY Chart of Debt to Equity Ratio of Erie Indemnity Company
Note : All Data Generated at the End of Trading Hours (EOD Data)