Safety Insurance Group Balance Sheet Health
Financial Health criteria checks 4/6
Safety Insurance Group has a total shareholder equity of $851.4M and total debt of $30.0M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are $2.3B and $1.4B respectively. Safety Insurance Group's EBIT is $96.0M making its interest coverage ratio 189.8. It has cash and short-term investments of $82.3M.
Key information
3.5%
Debt to equity ratio
US$30.00m
Debt
| Interest coverage ratio | 189.8x |
| Cash | US$82.33m |
| Equity | US$851.44m |
| Total liabilities | US$1.42b |
| Total assets | US$2.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SFN's short term assets ($571.8M) do not cover its short term liabilities ($1.4B).
Long Term Liabilities: SFN's short term assets ($571.8M) exceed its long term liabilities ($15.7M).
Debt to Equity History and Analysis
Debt Level: SFN has more cash than its total debt.
Reducing Debt: SFN's debt to equity ratio has increased from 0% to 3.5% over the past 5 years.
Debt Coverage: SFN's debt is well covered by operating cash flow (377.7%).
Interest Coverage: SFN's interest payments on its debt are well covered by EBIT (189.8x coverage).