Selective Insurance Group Financial Health
How is Selective Insurance Group's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SIGI's short term assets ($2.4B) do not cover its short term liabilities ($7.1B).
Long Term Liabilities: SIGI's short term assets ($2.4B) exceed its long term liabilities ($988.9M).
Debt to Equity History and Analysis
Debt Level: SIGI's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: SIGI's debt to equity ratio has reduced from 25.8% to 20.6% over the past 5 years.
Debt Coverage: SIGI's debt is well covered by operating cash flow (142.5%).
Interest Coverage: SIGI's interest payments on its debt are well covered by EBIT (11.3x coverage).