Selective Insurance Group Balance Sheet Health
Financial Health criteria checks 5/6
Selective Insurance Group has a total shareholder equity of $3.2B and total debt of $501.6M, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are $13.5B and $10.3B respectively. Selective Insurance Group's EBIT is $325.4M making its interest coverage ratio 11.3. It has cash and short-term investments of $561.1M.
Key information
15.8%
Debt to equity ratio
US$501.57m
Debt
| Interest coverage ratio | 11.3x |
| Cash | US$561.13m |
| Equity | US$3.17b |
| Total liabilities | US$10.31b |
| Total assets | US$13.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIGI.P's short term assets ($3.5B) do not cover its short term liabilities ($9.2B).
Long Term Liabilities: SIGI.P's short term assets ($3.5B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: SIGI.P has more cash than its total debt.
Reducing Debt: SIGI.P's debt to equity ratio has reduced from 25.7% to 15.8% over the past 5 years.
Debt Coverage: SIGI.P's debt is well covered by operating cash flow (200.2%).
Interest Coverage: SIGI.P's interest payments on its debt are well covered by EBIT (11.3x coverage).