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The Hartford Financial Services Group (The Hartford Financial Services Group) Net Current Asset Value : $0.00 (As of Mar. 2024)


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What is The Hartford Financial Services Group Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

The Hartford Financial Services Group's net current asset value per share for the quarter that ended in Mar. 2024 was $0.00.

The historical rank and industry rank for The Hartford Financial Services Group's Net Current Asset Value or its related term are showing as below:

HIG's Price-to-Net-Current-Asset-Value is not ranked *
in the Insurance industry.
Industry Median: 7.63
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

The Hartford Financial Services Group Net Current Asset Value Historical Data

The historical data trend for The Hartford Financial Services Group's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Hartford Financial Services Group Net Current Asset Value Chart

The Hartford Financial Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
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The Hartford Financial Services Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of The Hartford Financial Services Group's Net Current Asset Value

For the Insurance - Property & Casualty subindustry, The Hartford Financial Services Group's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Hartford Financial Services Group's Price-to-Net-Current-Asset-Value Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Hartford Financial Services Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where The Hartford Financial Services Group's Price-to-Net-Current-Asset-Value falls into.



The Hartford Financial Services Group Net Current Asset Value Calculation

The Hartford Financial Services Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-61453-0-334)/298.472
=N/A

The Hartford Financial Services Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2024 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-62242-0-334)/302.600
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Hartford Financial Services Group  (NYSE:HIG) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


The Hartford Financial Services Group Net Current Asset Value Related Terms

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The Hartford Financial Services Group (The Hartford Financial Services Group) Business Description

Traded in Other Exchanges
Address
One Hartford Plaza, Hartford, CT, USA, 06155
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
Executives
Christopher Swift officer: Executive VP and CFO HARBORSIDE FINANCIAL CENTER, 3200 PLAZA 5, JERSEY CITY NJ 07311
Amy Stepnowski officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Stephanie C Bush officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Robert W Paiano officer: EVP & Chief Risk Officer ONE HARTFORD PLAZA, HARTFORD CT 06155
Jonathan R Bennett officer: Executive Vice President THE HARTFORD, ONE HARTFORD PLAZA, HARTFORD CT 06155
Allison G Niderno officer: SVP & Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Beth Ann Bombara officer: Sr.Vice Pres. and Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Adin M Tooker officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
Michael R Fisher officer: EVP ONE HARTFORD PLAZA, HARTFORD CT 06155
David C Robinson officer: EVP and General Counsel ONE HARTFORD PLAZA, HARTFORD CT 06155
Douglas G Elliot officer: Executive Vice President TRAVELERSJ PROPERTY CASUALTY CORP, ONE TOWER SQ, HARTFORD CT 06118
Edmund Reese director C/O BROADRIDGE FINANCIAL SOLUTIONS, INC., 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Scott R. Lewis officer: SVP and Controller ONE HARTFORD PLAZA, HARTFORD CT 06155
Allardice Robert B. Iii director ONE HARTFORD PLAZA, HO-01-09, HARTFORD CT 06155
Claire H. Burns officer: Executive Vice President ONE HARTFORD PLAZA, HARTFORD CT 06155