Safety Insurance Group (Safety Insurance Group) Scaled Net Operating Assets

: 0.16 (As of Dec. 2023)

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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Safety Insurance Group's operating assets for the quarter that ended in Dec. 2023 was $1,576.4 Mil. Safety Insurance Group's operating liabilities for the quarter that ended in Dec. 2023 was $1,240.0 Mil. Safety Insurance Group's Total Assets for the quarter that ended in Sep. 2023 was $2,052.1 Mil. Therefore, Safety Insurance Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.16.

Safety Insurance Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Safety Insurance Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(2055.852	-	1239.981)	/	1972.569
=	0.41

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2094.004	-	38.152
=	2055.852

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1289.737	-	19.756	-	30
=	1239.981

Safety Insurance Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(1576.384	-	1239.981)	/	2052.105
=	0.16

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	2094.004	-	517.62
=	1576.384

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1289.737	-	19.756	-	30
=	1239.981

* 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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Safety Insurance Group (Safety Insurance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Safety Insurance Group Inc (NAS:SAFT) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

SFN:Germany

Address

20 Custom House Street, Boston, MA, USA, 02110

Website

http://www.safetyinsurance.com

Safety Insurance Group Inc is a provider of private passenger automobile insurance in Massachusetts. The company also offers property and casualty insurance products, including commercial automobiles, homeowners, dwelling fire, umbrella, and business owner policies. It operates in the business segment of Property and casualty insurance operations.

Executives

Glenn Hiltpold	officer: VP of Actuarial Services	20 CUSTOM HOUSE STREET, BOSTON MA 02110
Brophy Charles Joseph Iii	director	20 CUSTOM HOUSE STREET, BOSTON MA 02110
Dennis J. Langwell	director	C/O LIBERTY MUTUAL GROUP, 175 BERKELEY STREET, BOSTON MA 02116
Srb Corp	10 percent owner	695 ATLANTIC AVENUE, BOSTON MA 02111
Peter J Manning	director	FLEETBOSTON FINANCIAL CORP, 100 FEDERAL STREET, BOSTON MA 02110
Christopher Thomas Whitford	officer: VP, CFO and Secretary	20 CUSTOM HOUSE STREET, BOSTON MA 02110
Stephen Albert Varga	officer: VP - MIS	20 CUSTOM HOUSE STREET, BOSTON MA 02110
James Berry	officer: VP - Insurance Operations	C/O SAFETY INSURANCE, 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Farina John Daniel Jr.	director	20 CUSTOM HOUSE ST, BOSTON MA 02110
Deborah E Gray	director	20 CUSTOM HOUSE STREET, BOSTON MA 02110
Frederic H Lindeberg	director	C/O SAFETY INSURANCE GROUP, INC., 20 CUSTOM HOUSE STREET, BOSTON MA 02110
Ann Marie Mckeown	officer: V.P Insurance Operations	20 CUSTOM HOUSE STREET, BOSTON MA 02110
Moran Mary Coffey	director	DANVERS BANCORP, INC., ONE CONANT STREET, DANVERS MA 01923
David E Krupa	officer: VP - Property Claims
David D Mckown	director