Selective Intangibles To Total Assets from 2010 to 2024

SIGI Stock  USD 98.65  0.83  0.85%   
Selective Insurance's Intangibles To Total Assets are increasing with slightly volatile movements from year to year. Intangibles To Total Assets are estimated to finish at 0.04 this year. Intangibles To Total Assets is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. View All Fundamentals
 
Intangibles To Total Assets  
First Reported
2010-12-31
Previous Quarter
0.03666268
Current Value
0.0385
Quarterly Volatility
0.01106211
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Selective Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Selective Insurance's main balance sheet or income statement drivers, such as Interest Expense of 16.9 M, Total Revenue of 96.1 M or Gross Profit of 4.4 B, as well as many indicators such as Price To Sales Ratio of 64.57, Dividend Yield of 0.0127 or PTB Ratio of 2.21. Selective financial statements analysis is a perfect complement when working with Selective Insurance Valuation or Volatility modules.
  
Check out the analysis of Selective Insurance Correlation against competitors.

Latest Selective Insurance's Intangibles To Total Assets Growth Pattern

Below is the plot of the Intangibles To Total Assets of Selective Insurance Group over the last few years. It is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. Selective Insurance's Intangibles To Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Selective Insurance's overall financial position and show how it may be relating to other accounts over time.
Intangibles To Total Assets10 Years Trend
Slightly volatile
   Intangibles To Total Assets   
       Timeline  

Selective Intangibles To Total Assets Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.02
Coefficient Of Variation39.69
Mean Deviation0.01
Median0.03
Standard Deviation0.01
Sample Variance0.0001
Range0.0371
R-Value0.77
Mean Square Error0.000053
R-Squared0.60
Significance0.0007
Slope0
Total Sum of Squares0

Selective Intangibles To Total Assets History

2024 0.0385
2023 0.0367
2022 0.0349
2020 0.0306
2019 0.0317
2018 0.0328
2017 0.0316

About Selective Insurance Financial Statements

Investors use fundamental indicators, such as Selective Insurance's Intangibles To Total Assets, to determine how well the company is positioned to perform in the future. Although Selective Insurance's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Intangibles To Total Assets 0.04  0.04 

Currently Active Assets on Macroaxis

When determining whether Selective Insurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Selective Insurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Selective Insurance Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Selective Insurance Group Stock:
Check out the analysis of Selective Insurance Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Selective Insurance. If investors know Selective will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Selective Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.035
Dividend Share
1.4
Earnings Share
3.72
Revenue Per Share
77.534
Quarterly Revenue Growth
0.151
The market value of Selective Insurance is measured differently than its book value, which is the value of Selective that is recorded on the company's balance sheet. Investors also form their own opinion of Selective Insurance's value that differs from its market value or its book value, called intrinsic value, which is Selective Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Selective Insurance's market value can be influenced by many factors that don't directly affect Selective Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Selective Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selective Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selective Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.