Safety Insurance Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Safety Insurance Group's balance sheet done over the years? Its assets were worth $2,094,004,000 last year, which is more than in the previous period. 62% of Safety Insurance Group’s total assets is currently financed by debt. Its liabilities reached the amount of $1,289,737,000, which means an increase by 11% compared compared to last year.
Debt to Assets
| 2014 | 1675719000 | 967.43M | 57.73% |
|---|---|---|---|
| 2015 | 1703869000 | 1.05B | 62.17% |
| 2016 | 1758246000 | 1.08B | 61.85% |
| 2017 | 1807279000 | 1.10B | 61.21% |
| 2018 | 1856240000 | 1.13B | 61.28% |
| 2019 | 2022669000 | 1.21B | 60.03% |
| 2020 | 2054273000 | 1.16B | 56.93% |
| 2021 | 2117391000 | 1.19B | 56.21% |
| 2022 | 1972569000 | 1.16B | 58.84% |
| 2023 | 2094004000 | 1.28B | 61.59% |
SAFT Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 38.15M | 25.3M | 63.60M | 53.76M | 44.40M | 37.58M | 41.70M | 20.05M | 47.49M | 42.45M |
Short term investments | 31.04M | 1.05B | 1.21B | 1.25B | 1.22B | 1.16B | 1.17B | 1.15B | 1.08B | 1.13B |
Net receivables | 0 | 299.80M | 290.61M | 300.48M | 329.84M | 313.19M | 190.64M | 308.02M | 178.56M | 175.53M |
Inventory | 0 | 14.15M | -298.56M | -351.56M | -296.11M | 0 | 0 | 0 | 0 | 0 |
Other current assets | 0 | 231.59M | 298.56M | 351.56M | 296.11M | -1.28B | 0 | -1.29B | 0 | 0 |
Total current assets | 38.15M | 1.62B | 1.57B | 1.61B | 1.60B | 227.64M | 232.35M | 187.69M | 226.06M | 217.98M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 31.47M | 23.33M | 27.11M | 31M | 33.99M | 15.58M | 9.86M | 8.94M | 8.41M | 8.28M |
Goodwill | 17.09M | 17.09M | 1.42B | 1.40B | 1.35B | -82.10M | -75.11M | -74.07M | -73.36M | -68.94M |
Intangible assets | 7.55M | 7.85M | 73.02M | 74.96M | 74.28M | 73.35M | 72.20M | 70.99M | 68.93M | 67.32M |
Long term investments | 1.55B | 1.29B | 1.48B | 1.46B | 1.40B | 1.30B | 1.28B | 1.25B | 1.19B | 1.24B |
Other non-current assets | 400.35M | -1.29B | -1.51B | -1.49B | -1.43B | -1.03B | -1.02B | -998.31M | -931.89M | -1.05B |
Total non-current assets | 2.05B | 69.35M | 1.51B | 1.49B | 1.43B | 295.24M | 267.86M | 269.99M | 268.36M | 201.47M |
Total assets | 2.09B | 1.97B | 2.11B | 2.05B | 2.02B | 1.85B | 1.80B | 1.75B | 1.70B | 1.67B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 53.92M | 0 | 0 | 0 | 0 | 0 |
Short term debt | 4.59M | 23.33M | 30M | 30M | 33.99M | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 499.73M | 25.06M | 115.79M | 117.72M | 87.92M | 80.64M | 63.61M | 69.88M | 58.15M | 67.47M |
| Non-current liabilities: | ||||||||||
Long term debt | 45.15M | 58.33M | 57.11M | 61M | 33.99M | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 586.74M | 1.07B | -72.35M | -78.61M | -39.71M | -14.26M | 1.10B | -39.06M | 0 | 965.55M |
Total non-current liabilities | 661.08M | 1.13B | 72.35M | 78.61M | 39.71M | 6.09M | 2.91M | 1.11M | 4.43M | 1.61M |
Total liabilities | 1.28B | 1.16B | 1.19B | 1.16B | 1.21B | 1.13B | 1.10B | 1.08B | 1.05B | 967.43M |
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