Erie Indemnity (ERIE) Debt Ratio (2016 - 2022)
Erie Indemnity's (ERIE) quarterly Debt Ratio came in at 0.04 in Q1 2022, down 7.64% year-on-year from 0.05 in Q1 2021, and little changed quarter-over-quarter from 0.04 in Q4 2021.
Erie Indemnity (ERIE) Debt Ratio (2016 - 2022) Analysis & Trends
Erie Indemnity has disclosed Debt Ratio across 7 years of filings, most recently posting 0.04 for Q1 2022.
- Debt Ratio for Q1 2022 came in at 0.04, down 7.64% year-over-year; the trailing twelve-month figure through Mar 2022 was 0.04 (down 7.64% YoY), and the FY2021 annual result was 0.04, down 7.57% from the prior year.
- Debt Ratio came in at 0.04 for Q1 2022 at Erie Indemnity, roughly flat from 0.04 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.06 in Q2 2018 to a low of 0.04 in Q4 2021.
- The 5-year median for Debt Ratio is 0.05 (2018), against an average of 0.05.
- Across the five-year window, Debt Ratio surged 185.88% in 2018 and decreased 13.49% in 2019, its largest moves.
- Erie Indemnity's Debt Ratio stood at 0.06 in 2018, then fell by 13.49% to 0.05 in 2019, then declined by 6.67% to 0.05 in 2020, then declined by 7.57% to 0.04 in 2021, then rose by 0.26% to 0.04 in 2022.
- The last three Debt Ratio figures came in at 0.04 (Q1 2022), 0.04 (Q4 2021), and 0.04 (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 0.35 |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 0.29 |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 0.16 |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 0.21 |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 0.27 |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | 0.47 |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | 2.66 |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | - |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | - |
| 10 | Erie Indemnity | 562,468.35 | -268.92 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 0.04 |
| Dec 31, 2021 | 0.04 |
| Sep 30, 2021 | 0.04 |
| Jun 30, 2021 | 0.04 |
| Mar 31, 2021 | 0.05 |
| Dec 31, 2020 | 0.05 |
| Sep 30, 2020 | 0.04 |
| Mar 31, 2020 | 0.05 |
| Dec 31, 2019 | 0.05 |
| Jun 30, 2019 | 0.05 |
| Mar 31, 2019 | 0.06 |
| Dec 31, 2018 | 0.06 |
| Sep 30, 2018 | 0.06 |
| Jun 30, 2018 | 0.06 |
| Mar 31, 2018 | 0.05 |
| Dec 31, 2017 | 0.04 |
| Sep 30, 2017 | 0.03 |
| Jun 30, 2017 | 0.03 |
| Mar 31, 2017 | 0.02 |
| Dec 31, 2016 | 0.02 |