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
Balancing Growth And Headwinds: Selective Insurance Group's Review
Oct 30Selective Insurance Group, Inc.'s (NASDAQ:SIGI) Popularity With Investors Is Clear
Oct 01Selective Insurance: Time To Be Selective
May 09Selective Insurance Group (NASDAQ:SIGI) Has Announced A Dividend Of $0.35
Feb 04The Price Is Right For Selective Insurance Group, Inc. (NASDAQ:SIGI)
Jan 17Selective Insurance goes ex-dividend tomorrow
Aug 11Selective Insurance and SimpliSafe join hands for smart home security solutions
Jul 13Analysts Just Shaved Their Selective Insurance Group, Inc. (NASDAQ:SIGI) Forecasts Dramatically
May 10Here's Why I Think Selective Insurance Group (NASDAQ:SIGI) Is An Interesting Stock
Apr 03Does Selective Insurance Group (NASDAQ:SIGI) Deserve A Spot On Your Watchlist?
Dec 15Do Selective Insurance Group's (NASDAQ:SIGI) Earnings Warrant Your Attention?
Sep 16I Ran A Stock Scan For Earnings Growth And Selective Insurance Group (NASDAQ:SIGI) Passed With Ease
Jun 14Financial Position Analysis
Short Term Liabilities: SIGI's short term assets ($3.5B) do not cover its short term liabilities ($9.2B).
Long Term Liabilities: SIGI's short term assets ($3.5B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: SIGI has more cash than its total debt.
Reducing Debt: SIGI's debt to equity ratio has reduced from 25.7% to 15.8% over the past 5 years.
Debt Coverage: SIGI's debt is well covered by operating cash flow (200.2%).
Interest Coverage: SIGI's interest payments on its debt are well covered by EBIT (11.3x coverage).