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Safety Insurance Group Scaled Net Operating Assets

: -0.12 (As of Jun. 2022)
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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 Jun. 2022 was $836.1 Mil. Safety Insurance Group's operating liabilities for the quarter that ended in Jun. 2022 was $1,073.4 Mil. Safety Insurance Group's Total Assets for the quarter that ended in Mar. 2022 was $1,990.7 Mil. Therefore, Safety Insurance Group's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2022 was -0.12.


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. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(2053.788-1133.103)/2054.273
=0.45

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash and cash equivalents
=2117.391 - 63.603
=2053.788

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1190.218 - 27.115 - 30
=1133.103

Safety Insurance Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2022 )
=(Operating Assets (Q: Jun. 2022 )-Operating Liabilities (Q: Jun. 2022 ))/Total Assets (Q: Mar. 2022 )
=(836.077-1073.435)/1990.684
=-0.12

where

Operating Assets(Q: Jun. 2022 )
=Total Assets - Cash and cash equivalents
=1947.406 - 1111.329
=836.077

Operating Liabilities(Q: Jun. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1128.783 - 25.348 - 30
=1073.435

* 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.


Safety Insurance Group Scaled Net Operating Assets Related Terms

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Safety Insurance Group Business Description

Safety Insurance Group logo
Traded in Other Exchanges
Address
20 Custom House Street, Boston, MA, USA, 02110
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 automobile, homeowners, dwelling fire, umbrella, and business owner policies. It operates in the business segment of Property and casualty insurance operations.
Executives
Farina John Daniel Jr. director 20 CUSTOM HOUSE ST BOSTON MA 02110
Gray Deborah E director 20 CUSTOM HOUSE STREET BOSTON MA 02110
Hiltpold Glenn officer: VP of Actuarial Services 20 CUSTOM HOUSE STREET BOSTON MA 02110
Moran Mary Coffey director DANVERS BANCORP, INC. ONE CONANT STREET DANVERS MA 01923
Whitford Christopher Thomas officer: VP, CFO and Secretary 20 CUSTOM HOUSE STREET BOSTON MA 02110
Srb Corp 10 percent owner 125 HIGH STREET OLIVER STREET TOWER, 9TH FLOOR BOSTON MA 02110
Palisades Safety & Insurance Association 10 percent owner C/O PLYMOUTH ROCK MANAGEMENT CO OF NJ 581 MAIN STREET, 4TH FLOOR WOODBRIDGE NJ 07095
Plymouth Rock Co Inc 10 percent owner 695 ATLANTIC AVENUE BOSTON MA 02111
Meehan Thalia director C/O SAFETY INSURANCE GROUP, INC. 20 CUSTOM HOUSE STREET BOSTON MA 02110
Drago John Patrick officer: VP - Marketing 20 CUSTOM HOUSE STREET BOSTON MA 02110
Mckeown Ann Marie officer: V.P Insurance Operations 20 CUSTOM HOUSE STREET BOSTON MA 02110
Varga Stephen Albert officer: VP - MIS 20 CUSTOM HOUSE STREET BOSTON MA 02110
Narciso Paul J officer: VP - Claims C/O SAFETY INSURANCE 20 CUSTOM HOUSE STREET BOSTON MA 02110
Murphy George officer: VP - Marketing C/O SAFETY INSURANCE GROUP, INC. 20 CUSTOM HOUSE STREET BOSTON MA 02110
Berry James officer: VP - Insurance Operations C/O SAFETY INSURANCE 20 CUSTOM HOUSE STREET BOSTON MA 02110
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