Hanover Insurance (THG) Non-Current Deferred Tax Liability (2010 - 2021)
Hanover Insurance's (THG) quarterly Non-Current Deferred Tax Liability came in at $60.8 million in Q4 2021, down 37.51% YoY from $97.3 million in Q4 2020, and down 12.64% on a QoQ basis from $69.6 million in Q3 2021.
Hanover Insurance (THG) Non-Current Deferred Tax Liability (2010 - 2021) Analysis & Trends
Hanover Insurance (THG) has 12 years of Non-Current Deferred Tax Liability data on file, last reported at $60.8 million in Q4 2021.
- Quarterly Non-Current Deferred Tax Liability fell 37.51% year-over-year to $60.8 million in Q4 2021, while the trailing twelve-month figure through Dec 2021 was $60.8 million (down 37.51% YoY) and the FY2021 annual result came in at $60.8 million, down 37.51% from the prior year.
- Non-Current Deferred Tax Liability eased to $60.8 million in Q4 2021, from $69.6 million in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $151.8 million in Q4 2017 to a low of $29.2 million in Q2 2019.
- A 5-year average of $77.3 million and a median of $72.2 million in 2020 frame the typical range for Non-Current Deferred Tax Liability.
- Annual changes were most pronounced in 2019 — Non-Current Deferred Tax Liability slumped 54.52% — and 2020, when it soared 156.51%.
- Tracing THG's Non-Current Deferred Tax Liability over 5 years: stood at $151.8 million in 2017, then fell by 24.97% to $113.9 million in 2018, then tumbled by 54.52% to $51.8 million in 2019, then jumped by 87.84% to $97.3 million in 2020, then plunged by 37.51% to $60.8 million in 2021.
- The last three Non-Current Deferred Tax Liability figures came in at $60.8 million (Q4 2021), $69.6 million (Q3 2021), and $83.2 million (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn |
| 10 | Hanover Insurance | 7.78 Bn | 1.54 Bn | 763.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 60.80 Mn |
| Dec 31, 2021 | 60.80 Mn |
| Sep 30, 2021 | 69.60 Mn |
| Sep 30, 2021 | 69.60 Mn |
| Jun 30, 2021 | 83.20 Mn |
| Jun 30, 2021 | 83.20 Mn |
| Mar 31, 2021 | 64.00 Mn |
| Mar 31, 2021 | 64.00 Mn |
| Dec 31, 2020 | 97.30 Mn |
| Dec 31, 2020 | 97.30 Mn |
| Sep 30, 2020 | 84.60 Mn |
| Sep 30, 2020 | 84.60 Mn |
| Jun 30, 2020 | 74.90 Mn |
| Jun 30, 2020 | 74.90 Mn |
| Dec 31, 2019 | 51.80 Mn |
| Dec 31, 2019 | 51.80 Mn |
| Sep 30, 2019 | 46.30 Mn |
| Sep 30, 2019 | 46.30 Mn |
| Jun 30, 2019 | 29.20 Mn |
| Jun 30, 2019 | 29.20 Mn |