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Selective Insurance Group (Selective Insurance Group) Debt-to-Equity : 0.17 (As of Dec. 2023)


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What is Selective Insurance Group Debt-to-Equity?

Selective Insurance Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Selective Insurance Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $504 Mil. Selective Insurance Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,954 Mil. Selective Insurance Group's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Selective Insurance Group's Debt-to-Equity or its related term are showing as below:

SIGI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.25   Max: 0.29
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Selective Insurance Group was 0.29. The lowest was 0.17. And the median was 0.25.

SIGI's Debt-to-Equity is ranked better than
59.69% of 382 companies
in the Insurance industry
Industry Median: 0.245 vs SIGI: 0.17

Selective Insurance Group Debt-to-Equity Historical Data

The historical data trend for Selective Insurance Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Selective Insurance Group Debt-to-Equity Chart

Selective Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.20 0.17 0.20 0.17

Selective Insurance Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.19 0.19 0.19 0.17

Competitive Comparison of Selective Insurance Group's Debt-to-Equity

For the Insurance - Property & Casualty subindustry, Selective Insurance Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Selective Insurance Group's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Selective Insurance Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Selective Insurance Group's Debt-to-Equity falls into.



Selective Insurance Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Selective Insurance Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Selective Insurance Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Selective Insurance Group  (NAS:SIGI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Selective Insurance Group Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Selective Insurance Group's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Selective Insurance Group (Selective Insurance Group) Business Description

Traded in Other Exchanges
Address
40 Wantage Avenue, Branchville, NJ, USA, 07890
Selective Insurance Group Inc is a regional property-casualty insurer based in New Jersey, with its operations focused in the New York metropolitan area. Since 1977, Selective has focused its sales efforts on small businesses, offering commercial products that include workers' compensation, general liability, property, and auto insurance. Selective also has a small personal insurance segment (under 20% of total premiums), selling auto and homeowner's coverage.
Executives
John J. Marchioni officer: EVP, Chief Field Ops Officer 40 WANTAGE AVENUE, BRANCHVILLE X1 07890
Jeffrey F. Kamrowski officer: EVP, MUSIC 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Joseph Eppers officer: EVP, Chief Investment Officer 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Anthony D. Harnett officer: SVP, Chief Accounting Officer 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Cynthia S Nicholson director 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Wole C Coaxum director 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Brenda M Hall officer: EVP, CL Chief Op Officer 40 WANTAGE AVE., BRANCHVILLE NJ 07890
Vincent M Senia officer: EVP, Chief Actuary 40 WANTAGE AVE., BRANCHVILLE NJ 07461
John Burville director ACE LTD, ACE BLDG 30 WOODBOURNE AVE HAMILTON BER
Michael J. Morrissey director 40 WANTAGE AVENUE, BRANCHVILLE X1 07890
J Brian Thebault director 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Gregory E Murphy director, officer: Chairman, Chief Executive Offi 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Michael H Lanza officer: Sr. VP and General Counsel 40 WANTAGE AVENUE, BRANCHVILLE NJ 07890
Paul Kush officer: EVP, Chief Claims Officer 40 WANTAGE AVE., BRANCHVILLE NJ 07890
William M Rue director 40 WANTAGE AVE, BRANCHVILLE NJ 07890

Selective Insurance Group (Selective Insurance Group) Headlines