Employers Long Term Debt vs Capital Surpluse Analysis

EIG Stock

USD 42.49 0.82 1.89%

Employers Holdings financial indicator trend analysis is much more than just examining Employers Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Employers Holdings is a good investment. Please check the relationship between Employers Holdings Long Term Debt and its Capital Surpluse accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.

Long Term Debt vs Capital Surpluse

Long Term Debt vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Employers Holdings Long Term Debt account and Capital Surpluse. At this time, the significance of the direction appears to have no relationship.

The correlation between Employers Holdings' Long Term Debt and Capital Surpluse is 0.04. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Employers Holdings, assuming nothing else is changed. The correlation between historical values of Employers Holdings' Long Term Debt and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Employers Holdings are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Long Term Debt i.e., Employers Holdings' Long Term Debt and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

0.04

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Employers Holdings has held for over one year. Long-term debt appears on Employers Holdings balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Employers Holdings balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Capital Surpluse

Most indicators from Employers Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Employers Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.At this time, Employers Holdings' Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The Employers Holdings' current Enterprise Value Multiple is estimated to increase to 39.97, while Tax Provision is projected to decrease to roughly 21 M.

	2021	2022	2023	2024 (projected)
Interest Income	500K	3.5M	3.2M	3.3M
Tax Provision	27.7M	7.4M	26.6M	21.0M

Interest Income Tax Provision

Employers Holdings fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Other Liab	Retained Earnings	Accounts Payable	Short Term Investments	Property Plant Equipment	Total Current Liabilities	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Property Plant And Equipment Gross	Non Current Liabilities Total	Short Long Term Debt Total	Common Stock Total Equity	Other Current Assets
Total Assets		0.74	0.49	-0.6	-0.09	0.01	-0.64	-0.25	0.11	0.09	0.08	0.23	0.48	0.13	0.1	0.76	0.08	0.67	0.09	0.09	0.6	0.32	0.08	-0.09	0.18	0.18
Total Stockholder Equity	0.74		0.27	-0.46	0.0	-0.23	-0.83	-0.57	-0.34	-0.01	-0.02	0.14	0.92	0.28	-0.19	0.58	-0.02	0.66	0.0	0.01	0.55	0.63	-0.02	-0.27	0.63	0.48
Net Debt	0.49	0.27		-0.86	-0.15	0.43	-0.48	0.08	0.51	0.15	0.14	0.44	0.13	-0.19	0.54	0.37	0.14	0.15	0.14	0.11	0.64	-0.16	0.16	0.62	-0.25	-0.38
Cash	-0.6	-0.46	-0.86		0.27	-0.41	0.49	0.01	-0.41	-0.28	-0.26	-0.41	-0.28	-0.01	-0.54	-0.57	-0.26	-0.31	-0.27	-0.24	-0.78	0.08	-0.28	-0.14	0.03	0.22
Other Assets	-0.09	0.0	-0.15	0.27		-0.37	0.03	-0.28	-0.17	-1.0	-1.0	0.16	0.07	0.0	-0.38	-0.44	-1.0	-0.15	-1.0	-1.0	-0.18	-0.01	-1.0	0.13	-0.1	0.38
Cash And Short Term Investments	0.01	-0.23	0.43	-0.41	-0.37		-0.12	0.79	0.37	0.37	0.38	0.44	-0.38	-0.45	0.97	0.49	0.38	-0.13	0.36	0.34	0.54	-0.24	0.39	0.19	-0.23	-0.73
Common Stock Shares Outstanding	-0.64	-0.83	-0.48	0.49	0.03	-0.12		0.27	0.38	-0.03	-0.03	-0.34	-0.76	0.02	-0.09	-0.55	-0.03	-0.39	-0.03	-0.05	-0.71	-0.62	-0.02	-0.05	-0.58	-0.16
Other Stockholder Equity	-0.25	-0.57	0.08	0.01	-0.28	0.79	0.27		0.46	0.28	0.3	0.12	-0.74	-0.55	0.74	0.18	0.3	-0.5	0.27	0.25	0.07	-0.57	0.3	0.18	-0.43	-0.72
Total Liab	0.11	-0.34	0.51	-0.41	-0.17	0.37	0.38	0.46		0.18	0.16	0.23	-0.57	-0.26	0.54	0.14	0.16	-0.05	0.17	0.1	0.1	-0.78	0.19	0.46	-0.83	-0.6
Total Current Assets	0.09	-0.01	0.15	-0.28	-1.0	0.37	-0.03	0.28	0.18		1.0	-0.16	-0.08	-0.01	0.38	0.44	1.0	0.15	1.0	1.0	0.18	0.0	1.0	-0.12	0.09	-0.38
Other Current Liab	0.08	-0.02	0.14	-0.26	-1.0	0.38	-0.03	0.3	0.16	1.0		-0.16	-0.09	-0.02	0.39	0.44	1.0	0.12	1.0	1.0	0.18	0.0	1.0	-0.13	0.1	-0.39
Other Liab	0.23	0.14	0.44	-0.41	0.16	0.44	-0.34	0.12	0.23	-0.16	-0.16		0.01	-0.47	0.48	0.24	-0.16	0.21	-0.16	-0.18	0.54	-0.04	-0.15	0.21	-0.33	-0.55
Retained Earnings	0.48	0.92	0.13	-0.28	0.07	-0.38	-0.76	-0.74	-0.57	-0.08	-0.09	0.01		0.43	-0.38	0.32	-0.09	0.57	-0.07	-0.04	0.38	0.77	-0.1	-0.24	0.76	0.62
Accounts Payable	0.13	0.28	-0.19	-0.01	0.0	-0.45	0.02	-0.55	-0.26	-0.01	-0.02	-0.47	0.43		-0.43	0.04	-0.02	0.21	0.0	0.02	0.02	0.29	-0.03	-0.37	0.44	0.59
Short Term Investments	0.1	-0.19	0.54	-0.54	-0.38	0.97	-0.09	0.74	0.54	0.38	0.39	0.48	-0.38	-0.43		0.52	0.39	-0.04	0.38	0.35	0.58	-0.33	0.4	0.25	-0.35	-0.75
Property Plant Equipment	0.76	0.58	0.37	-0.57	-0.44	0.49	-0.55	0.18	0.14	0.44	0.44	0.24	0.32	0.04	0.52		0.44	0.6	0.44	0.44	0.71	0.29	0.44	-0.25	0.25	-0.12
Total Current Liabilities	0.08	-0.02	0.14	-0.26	-1.0	0.38	-0.03	0.3	0.16	1.0	1.0	-0.16	-0.09	-0.02	0.39	0.44		0.12	1.0	1.0	0.18	0.0	1.0	-0.13	0.1	-0.39
Property Plant And Equipment Net	0.67	0.66	0.15	-0.31	-0.15	-0.13	-0.39	-0.5	-0.05	0.15	0.12	0.21	0.57	0.21	-0.04	0.6	0.12		0.15	0.15	0.3	0.59	0.13	-0.23	0.2	0.25
Non Current Assets Total	0.09	0.0	0.14	-0.27	-1.0	0.36	-0.03	0.27	0.17	1.0	1.0	-0.16	-0.07	0.0	0.38	0.44	1.0	0.15		1.0	0.18	0.01	1.0	-0.13	0.1	-0.37
Non Currrent Assets Other	0.09	0.01	0.11	-0.24	-1.0	0.34	-0.05	0.25	0.1	1.0	1.0	-0.18	-0.04	0.02	0.35	0.44	1.0	0.15	1.0		0.17	0.06	1.0	-0.15	0.15	-0.34
Net Receivables	0.6	0.55	0.64	-0.78	-0.18	0.54	-0.71	0.07	0.1	0.18	0.18	0.54	0.38	0.02	0.58	0.71	0.18	0.3	0.18	0.17		0.18	0.18	-0.01	0.23	-0.23
Property Plant And Equipment Gross	0.32	0.63	-0.16	0.08	-0.01	-0.24	-0.62	-0.57	-0.78	0.0	0.0	-0.04	0.77	0.29	-0.33	0.29	0.0	0.59	0.01	0.06	0.18		-0.02	-0.3	0.76	0.52
Non Current Liabilities Total	0.08	-0.02	0.16	-0.28	-1.0	0.39	-0.02	0.3	0.19	1.0	1.0	-0.15	-0.1	-0.03	0.4	0.44	1.0	0.13	1.0	1.0	0.18	-0.02		-0.12	0.08	-0.4
Short Long Term Debt Total	-0.09	-0.27	0.62	-0.14	0.13	0.19	-0.05	0.18	0.46	-0.12	-0.13	0.21	-0.24	-0.37	0.25	-0.25	-0.13	-0.23	-0.13	-0.15	-0.01	-0.3	-0.12		-0.53	-0.44
Common Stock Total Equity	0.18	0.63	-0.25	0.03	-0.1	-0.23	-0.58	-0.43	-0.83	0.09	0.1	-0.33	0.76	0.44	-0.35	0.25	0.1	0.2	0.1	0.15	0.23	0.76	0.08	-0.53		0.65
Other Current Assets	0.18	0.48	-0.38	0.22	0.38	-0.73	-0.16	-0.72	-0.6	-0.38	-0.39	-0.55	0.62	0.59	-0.75	-0.12	-0.39	0.25	-0.37	-0.34	-0.23	0.52	-0.4	-0.44	0.65

Click cells to compare fundamentals

Employers Holdings Account Relationship Matchups

Employers Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.0B	3.9B	3.8B	3.7B	3.1B	3.9B
Total Stockholder Equity	1.2B	1.2B	1.2B	944.2M	1.0B	666.2M
Net Debt	(137.1M)	(140.4M)	(58.5M)	93.3M	(220.5M)	(209.5M)
Cash	154.9M	160.4M	75.1M	89.2M	226.6M	237.9M
Other Assets	173.8M	178.7M	178.9M	154.9M	139.4M	146.4M
Cash And Short Term Investments	154.9M	187M	85.6M	208.3M	913.2M	790.2M
Common Stock Shares Outstanding	32.5M	30.2M	28.6M	27.7M	26.5M	31.4M
Liabilities And Stockholders Equity	4.0B	3.9B	3.8B	3.7B	3.1B	3.9B
Other Stockholder Equity	(455.3M)	(555.1M)	(597.3M)	(627.7M)	(285M)	(270.8M)
Total Liab	2.8B	2.7B	2.6B	2.8B	2.1B	2.3B
Total Current Assets	993.5M	936.7M	828M	979.4M	657.8M	624.9M
Other Current Liab	(29.8M)	(22.9M)	(24.1M)	(66.2M)	1.4B	1.4B
Other Liab	506.4M	2.3B	2.2B	452.6M	520.5M	494.5M
Retained Earnings	1.2B	1.2B	1.3B	1.3B	1.4B	711.2M
Accounts Payable	37.1M	29.8M	22.9M	28.7M	26.1M	25.3M
Short Term Investments	184.3M	26.6M	10.5M	119.1M	41.3M	39.2M
Property Plant Equipment	21.9M	19.1M	14.7M	12M	13.8M	16.9M
Total Current Liabilities	29.8M	22.9M	24.1M	28.7M	1.5B	1.4B
Property Plant And Equipment Net	37.8M	36.5M	28.9M	23.5M	11.6M	20.8M
Non Current Assets Total	2.8B	2.8B	2.8B	2.6B	2.5B	2.4B
Non Currrent Assets Other	(55M)	(15.5M)	(7.7M)	(62.7M)	2.3B	2.5B
Net Receivables	838.6M	749.7M	742.4M	771.1M	807.4M	656.2M
Property Plant And Equipment Gross	13.9M	18.2M	37.8M	36.5M	42.0M	44.1M
Accumulated Other Comprehensive Income	65.3M	115.1M	60.6M	(138.9M)	(86M)	(81.7M)
Non Current Liabilities Total	154.9M	160.9M	138.7M	28.7M	670.9M	637.4M
Other Current Assets	642M	576.8M	457.7M	616M	657.8M	690.7M
Treasury Stock	(455.3M)	(555.1M)	(597.3M)	(627.7M)	(564.9M)	(593.2M)
Common Stock	389.4M	397M	404.9M	411.3M	415.2M	570K
Short Term Debt	5M	4.3M	3.4M	3.5M	1.8M	1.7M
Intangible Assets	7.9M	7.7M	13.5M	13.6M	12.2M	11.2M
Net Tangible Assets	1.1B	1.2B	1.2B	894.4M	1.0B	869.4M
Retained Earnings Total Equity	1.2B	1.2B	1.3B	1.3B	1.5B	896.4M
Long Term Debt Total	23M	24.3M	22.1M	200K	180K	171K
Capital Surpluse	396.4M	404.3M	410.7M	414.6M	476.8M	403.5M
Deferred Long Term Liab	137.1M	140.9M	122.1M	106.1M	95.5M	162.7M
Long Term Investments	2.8B	2.8B	2.8B	2.6B	2.2B	2.7B
Non Current Liabilities Other	2.7B	2.5B	2.4B	2.6B	3.0B	2.9B

Pair Trading with Employers Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Employers Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Employers Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving together with Employers Stock

0.61

AIZ

Assurant

Pair Corr

Moving against Employers Stock

0.46

DHIL

Diamond Hill Investment

Pair Corr

The ability to find closely correlated positions to Employers Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Employers Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Employers Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Employers Holdings to buy it.

The correlation of Employers Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Employers Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Employers Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Employers Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Employers Holdings is a strong investment it is important to analyze Employers Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Employers Holdings' future performance. For an informed investment choice regarding Employers Stock, refer to the following important reports:

How To Invest In Employers

Details

Is Employers Stock a good investment?

Details

What is Employers Holdings' Net Worth?

Details

Largest Property & Casualty Insurance Companies

View

Largest Insurance - Specialty Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Employers Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in Employers Stock please use our How to Invest in Employers Holdings guide.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Employers Stock analysis

When running Employers Holdings' price analysis, check to measure Employers Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Employers Holdings is operating at the current time. Most of Employers Holdings' value examination focuses on studying past and present price action to predict the probability of Employers Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Employers Holdings' price. Additionally, you may evaluate how the addition of Employers Holdings to your portfolios can decrease your overall portfolio volatility.

	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Commodity Directory Find actively traded commodities issued by global exchanges
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.

Is Employers Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Employers Holdings. If investors know Employers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Employers Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.291

Dividend Share

1.12

Earnings Share

4.7

Revenue Per Share

33.48

Quarterly Revenue Growth

0.08

The market value of Employers Holdings is measured differently than its book value, which is the value of Employers that is recorded on the company's balance sheet. Investors also form their own opinion of Employers Holdings' value that differs from its market value or its book value, called intrinsic value, which is Employers Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Employers Holdings' market value can be influenced by many factors that don't directly affect Employers Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Employers Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Employers Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Employers Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Employers Long Term Debt vs Capital Surpluse Analysis

Long Term Debt vs Capital Surpluse

Long Term Debt vs Capital Surpluse Correlation Analysis

Correlation Coefficient

Long Term Debt

Capital Surpluse

Employers Holdings fundamental ratios Correlations

Employers Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Employers Holdings fundamental ratios Accounts

Pair Trading with Employers Holdings

Moving together with Employers Stock

Moving against Employers Stock

Complementary Tools for Employers Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Current Liab	+ 1.0	Total Current Assets
Total Current Liabilities	+ 1.0	Total Current Assets
Non Current Assets Total	+ 1.0	Total Current Assets
Non Currrent Assets Other	+ 1.0	Total Current Assets
Non Current Liabilities Total	+ 1.0	Total Current Assets
Total Current Liabilities	+ 1.0	Other Current Liab

Non Current Liabilities Total	- 1.0	Other Assets
Non Currrent Assets Other	- 1.0	Other Assets
Non Current Assets Total	- 1.0	Other Assets
Total Current Liabilities	- 1.0	Other Assets
Other Current Liab	- 1.0	Other Assets
Total Current Assets	- 1.0	Other Assets