Erie Indemnity Balance Sheet - Quarterly (NASDAQ:ERIE)

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$119.53 $1.12 (0.95%) ERIE stock closing price Jun 19, 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. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Erie Indemnity stock analysis. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Erie Indemnity balance sheet as at the end of 2018 Q1 indicates an asset turnover ratio of 1.41 and debt to equity ratio of 0.09. Also check Erie Indemnity revenue and Erie Indemnity operating cash flow for the same period.

View and download Erie Indemnity quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash119.62M215.72M184.62M144.7M110.41M189.07M139.81M124.11M105.28M182.88M
Marketable Securities--------2.95M-
Receivables461.48M480.08M459.93M443.29M423.82M415.13M431.23M418.08M383.28M390.49M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
581.11M695.8M644.56M588M534.24M604.2M571.04M542.69M491.52M573.38M
Property Plant & Equipment----------
Accumulated Depreciation----------
Net Property Plant & Equipment
88.44M83.14M75.37M71.11M68.68M69.14M58.31M58.98M58.91M59.08M
Investment & Advances786.5M803.83M798.71M797.91M774.32M771.45M770.32M724.58M698.12M688.47M
Other Non-Current Assets----------
Deferred Charges29.05M19.39M47.55M51.81M52.49M53.88M36.16M35.78M35.25M40.68M
Intangibles----------
Deposits & Other Assets88.36M63.68M65.22M58.37M60.28M50.26M49.17M52.77M56.81M45.66M
Total Assets
1.57B1.67B1.63B1.57B1.49B1.55B1.49B1.41B1.34B1.41B
Notes Payable----------
Accounts Payable336.63M332.65M335.38M319.74M300.8M298.71M312.77M308.05M282.14M242.06M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses---------42M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
336.63M332.65M335.38M319.74M300.8M298.71M312.77M308.05M282.14M284.07M
Mortgages----------
Deferred Taxes/Income--5.33M2.08M19.47M-4.81M1.96M8.54M-
Convertible Debt----------
Long-Term Debt74.72M74.72M49.73M49.74M24.75M24.76M----
Non-Current Capital Leases----------
Other Long-Term Liabilities321.95M401.13M365.82M342.43M315.14M408.56M328.5M289.61M265.06M353.71M
Total Liabilities
733.32M808.51M756.27M714.01M660.17M732.04M646.08M599.63M555.75M637.79M
Minority Interest----------
Preferred Stock----------
Common Stock Net2.17M2.17M2.17M2.17M2.17M2.17M2.17M2.17M2.17M2.17M
Capital Surplus16.46M16.47M16.47M16.47M16.29M16.3M16.3M16.3M16.31M16.31M
Retained Earnings2.13B2.14B2.12B2.1B2.08B2.07B2.06B2.03B2.01B1.99B
Treasury Stock1.16B1.16B1.16B1.16B1.16B1.16B1.16B1.16B1.16B1.16B
Other Liabilities-150.24M-146.48M-109.62M-109.74M-109.78M-111.62M-80.53M-81.16M-84.38M-87.84M
Shareholders Equity840.15M857.34M875.15M853.21M829.85M816.91M838.92M815.19M784.86M769.5M
Total Liabilities & Shareholders Equity1.57B1.67B1.63B1.57B1.49B1.55B1.49B1.41B1.34B1.41B
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest Erie Indemnity stock price, and Erie Indemnity historical stock prices show the stock price movement over time, and the Erie Indemnity PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: An asset is a resource that a corporation like Erie Indemnity owns and has monetary significance. ERIE assets decreased from $1.67B in 2017 Q4 to $1.57B in 2018 Q1. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Erie Indemnity's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for ERIE stock stand at $733.32M.

Erie Indemnity Balance Sheet - Key Ratios

Current ratio
1.73
Debt to equity ratio
0.09
Asset turnover ratio
1.41
Receivables turnover
4.11
Price to book ratio
6.49