Erie Indemnity (ERIE) Debt Ratio (2016 - 2022)

Erie Indemnity (ERIE) posted Debt Ratio of 0.02 for Q2 2022, down 56.27% sequentially from 0.04 in Q1 2022, and down 58.15% YoY from 0.04 in Q2 2021.

Erie Indemnity (ERIE) Debt Ratio (2016 - 2022) Analysis & Trends

Erie Indemnity has reported Debt Ratio for 7 years, with the latest figure at 0.02 in Q2 2022.

Quarterly Debt Ratio fell 58.15% year-over-year to 0.02 in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 0.02 (down 58.15% YoY) and the FY2021 annual result came in at 0.04, down 7.57% from the prior year.
Debt Ratio eased to 0.02 in Q2 2022 per ERIE's latest filing, from 0.04 in the prior quarter.
Over five years, Debt Ratio peaked at 0.06 in Q2 2018 and troughed at 0.02 in Q2 2022.
A 5-year average of 0.05 and a median of 0.05 in 2018 frame the typical range for Debt Ratio.
The sharpest annual moves came in 2018 and 2022: Debt Ratio jumped 185.88% in 2018, then plunged 58.15% in 2022.
Over 5 years, Debt Ratio stood at 0.06 in 2018, then decreased by 13.49% to 0.05 in 2019, then retreated by 6.67% to 0.05 in 2020, then retreated by 7.57% to 0.04 in 2021, then plunged by 56.16% to 0.02 in 2022.
According to Business Quant data, Debt Ratio over the past three periods registered 0.02, 0.04, and 0.04 for Q2 2022, Q1 2022, and Q4 2021 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	XChange TEC.INC	265.99 Bn	265.99 Bn	-	17.42
2	Marsh & Mclennan Companies	92.14 Bn	79.94 Bn	6.04 Bn	0.36
3	Aon	75.64 Bn	74.37 Bn	-	0.28
4	Arthur J. Gallagher	67.55 Bn	66.16 Bn	-	0.16
5	Willis Towers Watson	32.13 Bn	30.47 Bn	2.09 Bn	0.21
6	Brown & Brown	23.98 Bn	23.06 Bn	1.41 Bn	0.26
7	Erie Indemnity	12.29 Bn	11.94 Bn	-	-
8	Neptune Insurance Holdings	4.61 Bn	4.59 Bn	-	2.35
9	Accelerant Holdings	4.28 Bn	2.62 Bn	285.20 Mn	0.01
10	Corvel	3.60 Bn	3.25 Bn	-	-

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