Safety Insurance Group (NAS:SAFT) Equity-to-Asset

: 0.41 (As of Dec. 2022)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Safety Insurance Group's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $812.0 Mil. Safety Insurance Group's Total Assets for the quarter that ended in Dec. 2022 was $1,972.6 Mil. Therefore, Safety Insurance Group's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.41.

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

SAFT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13 Med: 0.39 Max: 0.45
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Safety Insurance Group was 0.45. The lowest was 0.13. And the median was 0.39.

SAFT's Equity-to-Asset is ranked better than
78.63% of 496 companies
in the Insurance industry
Industry Median: 0.21 vs SAFT: 0.41

Safety Insurance Group Equity-to-Asset Historical Data

The historical data trend for Safety Insurance Group's Equity-to-Asset 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.

* Premium members only.

Safety Insurance Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.39

0.40

0.43

0.44

0.41

Safety Insurance Group Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Equity-to-Asset																0.44	0.43	0.42	0.41	0.41

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Safety Insurance Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.

Annual Data Quarterly Data

Safety Insurance Group Equity-to-Asset Distribution

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

* The bar in red indicates where Safety Insurance Group's Equity-to-Asset falls in comparison to its industry or sector. The grey bar indicates the Equity-to-Asset's extreme value range as defined by GuruFocus.

Safety Insurance Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Safety Insurance Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	811.999	/	1972.569
	=	0.41

Safety Insurance Group's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	811.999	/	1972.569
	=	0.41

Safety Insurance Group (NAS:SAFT) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Safety Insurance Group Equity-to-Asset Related Terms

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

Safety Insurance Group (NAS:SAFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Safety Insurance Group Inc (NAS:SAFT) » Definitions » Equity-to-Asset

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 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
Deborah E Gray	director	20 CUSTOM HOUSE STREET, BOSTON MA 02110
Glenn Hiltpold	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
Christopher Thomas Whitford	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
Thalia Meehan	director	C/O SAFETY INSURANCE GROUP, INC., 20 CUSTOM HOUSE STREET, BOSTON MA 02110
John Patrick Drago	officer: VP - Marketing	20 CUSTOM HOUSE STREET, BOSTON MA 02110
Ann Marie Mckeown	officer: V.P Insurance Operations	20 CUSTOM HOUSE STREET, BOSTON MA 02110
Stephen Albert Varga	officer: VP - MIS	20 CUSTOM HOUSE STREET, BOSTON MA 02110
Paul J Narciso	officer: VP - Claims	C/O SAFETY INSURANCE, 20 CUSTOM HOUSE STREET, BOSTON MA 02110
George Murphy	officer: VP - Marketing	C/O SAFETY INSURANCE GROUP, INC., 20 CUSTOM HOUSE STREET, BOSTON MA 02110
James Berry	officer: VP - Insurance Operations	C/O SAFETY INSURANCE, 20 CUSTOM HOUSE STREET, BOSTON MA 02110