Safety Insurance Group Balance Sheet Health
Financial Health criteria checks 4/6
Safety Insurance Group has a total shareholder equity of $804.3M and total debt of $30.0M, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are $2.1B and $1.3B respectively. Safety Insurance Group's EBIT is $25.2M making its interest coverage ratio 30.9. It has cash and short-term investments of $38.2M.
Key information
3.7%
Debt to equity ratio
US$30.00m
Debt
Interest coverage ratio | 30.9x |
Cash | US$38.15m |
Equity | US$804.27m |
Total liabilities | US$1.29b |
Total assets | US$2.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SFN's short term assets ($463.8M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: SFN's short term assets ($463.8M) exceed its long term liabilities ($71.9M).
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 3.7% over the past 5 years.
Debt Coverage: SFN's debt is well covered by operating cash flow (173.7%).
Interest Coverage: SFN's interest payments on its debt are well covered by EBIT (30.9x coverage).