Selective Insurance Group Balance Sheet Health
Financial Health criteria checks 5/6
Selective Insurance Group has a total shareholder equity of $3.0B and total debt of $501.3M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are $11.8B and $8.8B respectively. Selective Insurance Group's EBIT is $487.8M making its interest coverage ratio 16.9. It has cash and short-term investments of $309.5M.
Key information
17.0%
Debt to equity ratio
US$501.31m
Debt
Interest coverage ratio | 16.9x |
Cash | US$309.50m |
Equity | US$2.95b |
Total liabilities | US$8.85b |
Total assets | US$11.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SV2's short term assets ($2.6B) do not cover its short term liabilities ($7.8B).
Long Term Liabilities: SV2's short term assets ($2.6B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: SV2's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: SV2's debt to equity ratio has reduced from 24.5% to 17% over the past 5 years.
Debt Coverage: SV2's debt is well covered by operating cash flow (151.4%).
Interest Coverage: SV2's interest payments on its debt are well covered by EBIT (16.9x coverage).