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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Safety Insurance Group, Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Billingsley | Compass Point Research & Trading, LLC |
| Charles Gates | Credit Suisse |
| Vincent DeAugustino | Keefe, Bruyette, & Woods |