Erie Indemnity (ERIE) Short term Debt (2018 - 2022)
Erie Indemnity (ERIE) posted Short term Debt of $40.0 million for Q2 2022, up 1776.17% sequentially from $2.1 million in Q1 2022, and up 1837.98% YoY from $2.1 million in Q2 2021.
Erie Indemnity (ERIE) Short term Debt (2018 - 2022) Analysis & Trends
Erie Indemnity has reported Short term Debt for 5 years, with the latest figure at $40.0 million in Q2 2022.
- Quarterly Short term Debt rose 1837.98% year-over-year to $40.0 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $40.0 million (up 1837.98% YoY) and the FY2021 annual result came in at $2.1 million, up 3.3% from the prior year.
- Short term Debt climbed to $40.0 million in Q2 2022 per ERIE's latest filing, from $2.1 million in the prior quarter.
- Over five years, Short term Debt peaked at $40.0 million in Q2 2022 and troughed at $925000.0 in Q2 2018.
- A 5-year average of $4.4 million and a median of $2.0 million in 2020 frame the typical range for Short term Debt.
- The sharpest annual moves came in 2020 and 2022: Short term Debt rose 2.63% in 2020, then surged 1837.98% in 2022.
- Over 5 years, Short term Debt stood at $1.9 million in 2018, then advanced by 5.83% to $2.0 million in 2019, then grew by 2.63% to $2.0 million in 2020, then grew by 3.3% to $2.1 million in 2021, then soared by 1806.58% to $40.0 million in 2022.
- According to Business Quant data, Short term Debt over the past three periods registered $40.0 million, $2.1 million, and $2.1 million for Q2 2022, Q1 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | XChange TEC.INC | 265.99 Bn | 265.99 Bn | - |
| 2 | Marsh & Mclennan Companies | 92.14 Bn | 79.94 Bn | 6.04 Bn |
| 3 | Aon | 75.64 Bn | 74.37 Bn | - |
| 4 | Arthur J. Gallagher | 67.55 Bn | 66.16 Bn | - |
| 5 | Willis Towers Watson | 32.13 Bn | 30.47 Bn | 2.09 Bn |
| 6 | Brown & Brown | 23.98 Bn | 23.06 Bn | 1.41 Bn |
| 7 | Erie Indemnity | 12.29 Bn | 11.94 Bn | - |
| 8 | Neptune Insurance Holdings | 4.61 Bn | 4.59 Bn | - |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 40.00 Mn |
| Mar 31, 2022 | 2.13 Mn |
| Dec 31, 2021 | 2.10 Mn |
| Sep 30, 2021 | 2.08 Mn |
| Jun 30, 2021 | 2.06 Mn |
| Mar 31, 2021 | 2.05 Mn |
| Dec 31, 2020 | 2.03 Mn |
| Sep 30, 2020 | 2.02 Mn |
| Mar 31, 2020 | 2.00 Mn |
| Dec 31, 2019 | 1.98 Mn |
| Jun 30, 2019 | 1.91 Mn |
| Mar 31, 2019 | 1.89 Mn |
| Dec 31, 2018 | 1.87 Mn |
| Sep 30, 2018 | 1.40 Mn |
| Jun 30, 2018 | 925,000.00 |