Erie Indemnity (ERIE) Debt Ratio (2016 - 2022)
Erie Indemnity's (ERIE) Debt Ratio stood at 0.02 in Q2 2022, down 58.2% from 0.04 a year earlier and down 56.3% from the prior quarter.
Analysis
Erie Indemnity (ERIE) Debt Ratio (2016 - 2022) Analysis & Trends
For FY2021, Erie Indemnity's Debt Ratio came in at 0.04, down 7.6% from FY2020.
- Annual Debt Ratio has declined for three straight years.
- Across earlier years, Debt Ratio came in at 0.05 in FY2020 (-6.7%), 0.05 in FY2019 (-13.5%), 0.06 in FY2018 (+25.0%) and 0.04 in FY2017 (+180.6%).
- The Q2 2022 figure is the lowest quarterly Debt Ratio since Q1 2017.
- On a year-over-year basis, Debt Ratio has declined for four consecutive quarters, with an average decline of 15.7% over the last six quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 185.9% in Q1 2018, against a decline of 58.2% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.04 (Q1 2022), 0.04 (Q4 2021) and 0.04 (Q3 2021).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,079.16 Bn | -338.32 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.75 Bn | 79.80 Bn | 9.13 Bn | 0.00 |
| 3 | Progressive | 122.68 Bn | 98.52 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 82.15 Bn | 73.89 Bn | - | 0.34 |
| 5 | Travelers Companies | 75.41 Bn | 51.66 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 72.51 Bn | 73.72 Bn | - | 0.01 |
| 7 | Metlife | 60.18 Bn | -46.30 Bn | 7.82 Bn | 0.01 |
| 8 | Arthur J. Gallagher | 59.45 Bn | 53.89 Bn | - | 0.16 |
| 9 | Aon | 58.55 Bn | 51.79 Bn | - | 0.28 |
| 10 | Erie Indemnity | 10.26 Bn | 8.58 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 0.02 |
| 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 |
API Access
Erie Indemnity Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=ERIE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "ERIE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=ERIE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();