Erie Indemnity Balance Sheet - Annual (NASDAQ:ERIE)

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$126.54 $0.88 (0.69%) ERIE stock closing price Sep 25, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Erie Indemnity, and helps in stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Erie Indemnity stock analysis, and provides insights into the firm's financial performance. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The balance sheet shows total liabilities of $808.51M and shareholders equity of $857.34M. Erie Indemnity revenue and Erie Indemnity operating cash flow are important in understanding the financial capacity of the company.

View latest 10 year balance sheet data to check Erie Indemnity financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash215.72M189.07M182.88M514M452M400M185M430M76.5M61.07M
Marketable Securities---3.22B3.2B2.42B2.34B2.33B42.15M33.33M
Receivables480.08M415.13M390.49M1.44B1.34B1.23B1.14B1.14B1.28B1.28B
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
695.8M604.2M573.38M5.18B4.99B4.05B3.66B3.91B1.39B1.38B
Property Plant & Equipment----------
Accumulated Depreciation----------
Net Property Plant & Equipment
83.14M69.14M59.08M-------
Investment & Advances803.83M771.45M688.47M11.45B10.66B10.4B9.74B9.48B937.84M919.1M
Other Non-Current Assets---------18.15M
Deferred Charges19.39M53.88M40.68M632M568M541M506M467M58.06M89.4M
Intangibles----------
Deposits & Other Assets63.68M50.26M45.66M501M451M456M441M489M275.94M208.69M
Total Assets
1.67B1.55B1.41B17.76B16.68B15.44B14.35B14.34B2.67B2.61B
Notes Payable----------
Accounts Payable332.65M298.71M242.06M8.5B8.1B7.67B7.35B7.27B1.58B1.57B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses--42M-------
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
332.65M298.71M284.07M8.5B8.1B7.67B7.35B7.27B1.58B1.57B
Mortgages----------
Deferred Taxes/Income---490M450M365M147M283M--
Convertible Debt----------
Long-Term Debt74.72M24.76M--------
Non-Current Capital Leases----------
Other Long-Term Liabilities401.13M408.56M353.71M786M573M614M560M458M181.51M254.51M
Total Liabilities
808.51M732.04M637.79M9.78B9.13B8.65B8.06B8.01B1.76B1.82B
Minority Interest----------
Preferred Stock----------
Common Stock Net2.17M2.17M2.17M2M2M2M2M2M2.17M2.17M
Capital Surplus16.47M16.3M16.31M16M16M16M16M8M7.83M7.83M
Retained Earnings2.14B2.07B1.99B1.95B1.9B1.85B1.89B1.83B1.74B1.72B
Treasury Stock1.16B1.16B1.16B1.15B1.13B1.1B1.03B872M814.1M810.96M
Other Liabilities-146.48M-111.62M-87.84M7.16B6.76B6.02B5.41B5.37B-36.63M-124.66M
Shareholders Equity857.34M816.91M769.5M7.98B7.55B6.79B6.29B6.33B901.97M791.87M
Total Liabilities & Shareholders Equity1.67B1.55B1.41B17.76B16.68B15.44B14.35B14.34B2.67B2.61B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Erie Indemnity stock price by looking at Erie Indemnity historical stock prices. One can compare PE with industry average by looking at the Erie Indemnity PE ratio chart. The common balance sheet items are:

  • Assets: Anything that the Erie Indemnity company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Erie Indemnity had total assets of $1.67B.
  • Liabilities: The total liabilities of Erie Indemnity for the year 2017 total to $808.51M. Liabilities for a company like Erie Indemnity include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Erie Indemnity Balance Sheet - Key Ratios

Current ratio
1.92
Debt to equity ratio
0.11
Asset turnover ratio
1.54
Receivables turnover
4.39
Price to book ratio
6.83