Selective Insurance Group Stock Current Liabilities
| SIGI Stock | USD 96.38 0.40 0.42% |
Selective Insurance Group fundamentals help investors to digest information that contributes to Selective Insurance's financial success or failures. It also enables traders to predict the movement of Selective Stock. The fundamental analysis module provides a way to measure Selective Insurance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Selective Insurance stock.
The Selective Insurance's current Non Current Liabilities Total is estimated to increase to about 9.3 B, while Total Current Liabilities is projected to decrease to under 121.8 M. Selective | Current Liabilities |
Selective Insurance Group Company Current Liabilities Analysis
Selective Insurance's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Selective Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Selective Insurance is extremely important. It helps to project a fair market value of Selective Stock properly, considering its historical fundamentals such as Current Liabilities. Since Selective Insurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Selective Insurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Selective Insurance's interrelated accounts and indicators.
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Selective Current Liabilities Historical Pattern
Today, most investors in Selective Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Selective Insurance's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Selective Insurance current liabilities as a starting point in their analysis.
Selective Insurance Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Selective Liabilities And Stockholders Equity
Liabilities And Stockholders Equity |
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In accordance with the recently published financial statements, Selective Insurance Group has a Current Liabilities of 0.0. This is 100.0% lower than that of the Insurance sector and about the same as Financials (which currently averages 0.0) industry. The current liabilities for all United States stocks is 100.0% higher than that of the company.
Selective Insurance Current Valuation Drivers
We derive many important indicators used in calculating different scores of Selective Insurance from analyzing Selective Insurance's financial statements. These drivers represent accounts that assess Selective Insurance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Selective Insurance's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.9B | 4.0B | 5.0B | 5.4B | 6.2B | 6.5B | |
| Enterprise Value | 4.5B | 4.6B | 5.5B | 5.9B | 6.7B | 7.1B |
Selective Insurance ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Selective Insurance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Selective Insurance's managers, analysts, and investors.Environmental | Governance | Social |
Selective Fundamentals
| Return On Equity | 0.0813 | |||
| Return On Asset | 0.0163 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 6.54 B | |||
| Shares Outstanding | 60.79 M | |||
| Shares Owned By Insiders | 1.22 % | |||
| Shares Owned By Institutions | 85.52 % | |||
| Number Of Shares Shorted | 1.24 M | |||
| Price To Earning | 17.00 X | |||
| Price To Book | 1.97 X | |||
| Price To Sales | 1.24 X | |||
| Revenue | 101.17 M | |||
| Gross Profit | 740.47 M | |||
| EBITDA | 517.25 M | |||
| Net Income | 365.24 M | |||
| Cash And Equivalents | 289.62 M | |||
| Cash Per Share | 4.80 X | |||
| Total Debt | 501.31 M | |||
| Debt To Equity | 0.19 % | |||
| Current Ratio | 0.33 X | |||
| Book Value Per Share | 48.82 X | |||
| Cash Flow From Operations | 758.91 M | |||
| Short Ratio | 3.33 X | |||
| Earnings Per Share | 3.72 X | |||
| Price To Earnings To Growth | 1.86 X | |||
| Target Price | 102.17 | |||
| Number Of Employees | 2.65 K | |||
| Beta | 0.56 | |||
| Market Capitalization | 5.86 B | |||
| Total Asset | 11.8 B | |||
| Retained Earnings | 3.03 B | |||
| Annual Yield | 0.02 % | |||
| Five Year Return | 1.29 % | |||
| Net Asset | 11.8 B | |||
| Last Dividend Paid | 1.4 |
About Selective Insurance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Selective Insurance Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Selective Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Selective Insurance Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Selective Insurance Piotroski F Score and Selective Insurance Altman Z Score analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.