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 $503.3M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are $12.1B and $9.0B respectively. Selective Insurance Group's EBIT is $475.7M making its interest coverage ratio 16.5. It has cash and short-term investments of $248.0M.
Key information
16.7%
Debt to equity ratio
US$503.30m
Debt
Interest coverage ratio | 16.5x |
Cash | US$248.00m |
Equity | US$3.01b |
Total liabilities | US$9.05b |
Total assets | US$12.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIGI.P's short term assets ($2.6B) do not cover its short term liabilities ($8.1B).
Long Term Liabilities: SIGI.P's short term assets ($2.6B) exceed its long term liabilities ($982.4M).
Debt to Equity History and Analysis
Debt Level: SIGI.P's net debt to equity ratio (8.5%) is considered satisfactory.
Reducing Debt: SIGI.P's debt to equity ratio has reduced from 28.5% to 16.7% over the past 5 years.
Debt Coverage: SIGI.P's debt is well covered by operating cash flow (150.8%).
Interest Coverage: SIGI.P's interest payments on its debt are well covered by EBIT (16.5x coverage).