Erie Indemnity Co (ERIE) Financials

The income statement of Erie Indemnity Co (ERIE) shows the financial performance of the company over a specific period. It provides information on the company's revenue, expenses, and net income. The EBIT (earnings before interest and taxes) is a measure of the company's operating profit before the deduction of interest and taxes. EBITDA (earnings before interest, taxes, depreciation, and amortization) is a measure of the company's profitability before the deduction of non-cash expenses like depreciation and amortization. The gross profit represents the difference between the company's revenue and the cost of goods sold. Net income from stockholders is the profit that remains after all expenses and taxes have been deducted from revenue. The total revenue represents the sum of all sources of income for the company. The balance sheet of Erie Indemnity Co (ERIE) provides a snapshot of the company's financial position at a given point in time. It shows the company's assets, liabilities, and stockholders' equity. Cash equivalents are short-term investments that can be easily converted into cash. Net debt is the difference between a company's total debt and its cash and cash equivalents. Stockholders' equity represents the residual interest in the assets of the company after deducting liabilities. Total assets represent the sum of all resources owned by the company. Total debt includes both short-term and long-term debts of the company. Total liabilities represent the obligations of the company to outside parties. The cash flow statement of Erie Indemnity Co (ERIE) provides information on the company's cash inflows and outflows. Financing cash flow represents the cash flow from activities related to the company's financing, such as issuing or repurchasing stock or paying dividends. Free cash flow represents the cash generated by the company after deducting capital expenditures. Investing cash flow represents the cash flow from activities related to the company's investments, such as buying or selling assets. Operating cash flow represents the cash generated by the company's core operating activities. These financials are important for investors and analysts to assess the financial health and performance of Erie Indemnity Co (ERIE).