Safety Net Tangible Assets from 2010 to 2026

SFN Stock  EUR 64.50  1.00  1.53%   
Safety Insurance's Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 837.3 M. Net Tangible Assets is the total assets of Safety Insurance Group minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2016-12-31
Previous Quarter
787 M
Current Value
769.2 M
Quarterly Volatility
81.8 M
 
Covid
 
Interest Hikes
Check Safety Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Safety Insurance's main balance sheet or income statement drivers, such as Interest Expense of 299.3 K, Total Revenue of 946.2 M or Gross Profit of 84.9 M, as well as many indicators such as . Safety financial statements analysis is a perfect complement when working with Safety Insurance Valuation or Volatility modules.
  
This module can also supplement various Safety Insurance Technical models . Check out the analysis of Safety Insurance Correlation against competitors.
The Net Tangible Assets trend for Safety Insurance Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Safety Insurance is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Safety Insurance's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Safety Insurance Group over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Safety Insurance's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Safety Insurance's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Safety Net Tangible Assets Regression Statistics

Arithmetic Mean764,711,524
Geometric Mean760,449,588
Coefficient Of Variation11.06
Mean Deviation71,306,319
Median718,644,000
Standard Deviation84,614,562
Sample Variance7159.6T
Range282.7M
R-Value0.73
Mean Square Error3593.4T
R-Squared0.53
Significance0.0009
Slope12,192,583
Total Sum of Squares114554T

Safety Net Tangible Assets History

2026837.3 M
2025905.1 M
2022787 M
2021927.2 M
2020884.7 M
2019808.4 M
2018718.6 M

About Safety Insurance Financial Statements

Safety Insurance stakeholders use historical fundamental indicators, such as Safety Insurance's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Safety Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Safety Insurance's assets and liabilities are reflected in the revenues and expenses on Safety Insurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Safety Insurance Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets905.1 M837.3 M

Currently Active Assets on Macroaxis

When determining whether Safety Insurance is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Safety Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Safety Insurance Group Stock. Highlighted below are key reports to facilitate an investment decision about Safety Insurance Group Stock:
Check out the analysis of Safety Insurance Correlation against competitors.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Please note, there is a significant difference between Safety Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Safety Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Safety Insurance's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.