Safety Insurance Group Balance Sheet Health
Financial Health criteria checks 4/6
Safety Insurance Group has a total shareholder equity of $807.1M 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 $66.1M making its interest coverage ratio 90.4. It has cash and short-term investments of $30.8M.
Key information
3.7%
Debt to equity ratio
US$30.00m
Debt
| Interest coverage ratio | 90.4x |
| Cash | US$30.80m |
| Equity | US$807.07m |
| Total liabilities | US$1.29b |
| Total assets | US$2.09b |
Recent financial health updates
No updates
Recent updates
Safety Insurance Group (NASDAQ:SAFT) Is Due To Pay A Dividend Of $0.90
May 12
Some Confidence Is Lacking In Safety Insurance Group, Inc.'s (NASDAQ:SAFT) P/E
Mar 16Safety Insurance Group (NASDAQ:SAFT) Is Paying Out A Dividend Of $0.90
Nov 05Safety Insurance Group (NASDAQ:SAFT) Has Affirmed Its Dividend Of $0.90
Aug 28Safety Insurance Group's (NASDAQ:SAFT) Dividend Will Be $0.90
Aug 06Safety Insurance Group (NASDAQ:SAFT) Is Due To Pay A Dividend Of $0.90
May 22Safety Insurance Group (NASDAQ:SAFT) Has Announced A Dividend Of $0.90
May 07Safety Insurance Group (NASDAQ:SAFT) Has Announced A Dividend Of $0.90
Nov 22Safety Insurance: Sound Despite Inflationary Headwinds
Aug 26Safety Insurance Group (NASDAQ:SAFT) Is Due To Pay A Dividend Of $0.90
Aug 08Safety Insurance GAAP EPS of $0.53, revenue of $11.63M
Aug 03Safety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of US$0.90
May 08Safety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of US$0.90
Feb 19Should You Be Adding Safety Insurance Group (NASDAQ:SAFT) To Your Watchlist Today?
Dec 28Safety Insurance Group (NASDAQ:SAFT) Is Due To Pay A Dividend Of US$0.90
Nov 07Safety Insurance Group: Cheap Insurer With A Good Yield
Aug 10Safety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of US$0.90
Aug 08Most Shareholders Will Probably Agree With Safety Insurance Group, Inc.'s (NASDAQ:SAFT) CEO Compensation
May 13Safety Insurance reports Q1 results
May 05The Attractive Combination That Could Earn Safety Insurance Group, Inc. (NASDAQ:SAFT) A Place In Your Dividend Portfolio
Apr 06What Type Of Shareholders Own The Most Number of Safety Insurance Group, Inc. (NASDAQ:SAFT) Shares?
Mar 19Have Safety Insurance Group, Inc. (NASDAQ:SAFT) Insiders Been Selling Their Stock?
Mar 04There's A Lot To Like About Safety Insurance Group's (NASDAQ:SAFT) Upcoming US$0.90 Dividend
Feb 27Safety Insurance Group, Inc.'s (NASDAQ:SAFT) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?
Feb 12
Safety Insurance Group (NASDAQ:SAFT) Has Compensated Shareholders With A Respectable 65% Return On Their Investment
Jan 28If You Like EPS Growth Then Check Out Safety Insurance Group (NASDAQ:SAFT) Before It's Too Late
Jan 07Safety Insurance Group, Inc. (NASDAQ:SAFT) Vies For A Place In Your Dividend Portfolio: Here's Why
Dec 15Frederic Lindeberg Is The Independent Director of Safety Insurance Group, Inc. (NASDAQ:SAFT) And They Just Picked Up 13% More Shares
Nov 27Here's What We Like About Safety Insurance Group's (NASDAQ:SAFT) Upcoming Dividend
Nov 25Financial Position Analysis
Short Term Liabilities: SAFT's short term assets ($481.9M) do not cover its short term liabilities ($1.3B).
Long Term Liabilities: SAFT's short term assets ($481.9M) exceed its long term liabilities ($24.7M).
Debt to Equity History and Analysis
Debt Level: SAFT has more cash than its total debt.
Reducing Debt: SAFT's debt to equity ratio has increased from 0% to 3.7% over the past 5 years.
Debt Coverage: SAFT's debt is well covered by operating cash flow (146.2%).
Interest Coverage: SAFT's interest payments on its debt are well covered by EBIT (90.4x coverage).