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 $501.3M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are $11.8B and $8.8B respectively. Selective Insurance Group's EBIT is $487.8M making its interest coverage ratio 16.9. It has cash and short-term investments of $309.5M.
Key information
17.0%
Debt to equity ratio
US$501.31m
Debt
Interest coverage ratio | 16.9x |
Cash | US$309.50m |
Equity | US$2.95b |
Total liabilities | US$8.85b |
Total assets | US$11.80b |
Recent financial health updates
No updates
Recent updates
Selective 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 14Selective Insurance EPS beats by $0.64, beats on revenue
Apr 28Is Selective Insurance Group, Inc. (NASDAQ:SIGI) A Smart Choice For Dividend Investors?
Mar 30Have Selective Insurance Group, Inc. (NASDAQ:SIGI) Insiders Been Selling Their Stock?
Mar 12Should You Take Comfort From Insider Transactions At Selective Insurance Group, Inc. (NASDAQ:SIGI)?
Feb 25Here's What We Like About Selective Insurance Group's (NASDAQ:SIGI) Upcoming Dividend
Feb 07Earnings Beat: Selective Insurance Group, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 01Here's What Selective Insurance Group, Inc.'s (NASDAQ:SIGI) Shareholder Ownership Structure Looks Like
Jan 21Is Selective Insurance Group's (NASDAQ:SIGI) Share Price Gain Of 111% Well Earned?
Jan 01You Have To Love Selective Insurance Group, Inc.'s (NASDAQ:SIGI) Dividend
Dec 14Financial Position Analysis
Short Term Liabilities: SIGI's short term assets ($2.6B) do not cover its short term liabilities ($7.8B).
Long Term Liabilities: SIGI's short term assets ($2.6B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: SIGI's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: SIGI's debt to equity ratio has reduced from 24.5% to 17% over the past 5 years.
Debt Coverage: SIGI's debt is well covered by operating cash flow (151.4%).
Interest Coverage: SIGI's interest payments on its debt are well covered by EBIT (16.9x coverage).