Selective Other Operating Expenses from 2010 to 2024

SIGI Stock  USD 102.00  2.20  2.20%   
Selective Insurance's Other Operating Expenses is increasing with slightly volatile movements from year to year. Other Operating Expenses is estimated to finish at about 4.4 B this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
1985-09-30
Previous Quarter
1.3 B
Current Value
1.2 B
Quarterly Volatility
265.5 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Selective Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Selective Insurance's main balance sheet or income statement drivers, such as Interest Expense of 16.9 M, Total Revenue of 96.1 M or Gross Profit of 87 M, as well as many indicators such as Price To Sales Ratio of 64.57, Dividend Yield of 0.0127 or PTB Ratio of 2.21. Selective financial statements analysis is a perfect complement when working with Selective Insurance Valuation or Volatility modules.
  
Check out the analysis of Selective Insurance Correlation against competitors.

Latest Selective Insurance's Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Selective Insurance Group over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Selective Insurance. It is also known as Selective Insurance overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Selective Insurance's Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Selective Insurance's overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Selective Other Operating Expenses Regression Statistics

Arithmetic Mean2,339,766,803
Geometric Mean1,508,299,460
Coefficient Of Variation46.56
Mean Deviation774,179,524
Median2,183,662,000
Standard Deviation1,089,381,061
Sample Variance1186751.1T
Range4.4B
R-Value0.93
Mean Square Error184154.6T
R-Squared0.86
Slope225,360,869
Total Sum of Squares16614515.4T

Selective Other Operating Expenses History

20244.4 B
20234.2 B
20223.2 B
20212.8 B
20202.6 B
20192.5 B
20182.3 B

About Selective Insurance Financial Statements

Investors use fundamental indicators, such as Selective Insurance's Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although Selective Insurance's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Operating Expenses4.2 B4.4 B

Currently Active Assets on Macroaxis

When determining whether Selective Insurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Selective Insurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Selective Insurance Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Selective Insurance Group Stock:
Check out the analysis of Selective Insurance Correlation against competitors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Selective Insurance. If investors know Selective will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Selective Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.035
Dividend Share
1.4
Earnings Share
3.72
Revenue Per Share
77.534
Quarterly Revenue Growth
0.151
The market value of Selective Insurance is measured differently than its book value, which is the value of Selective that is recorded on the company's balance sheet. Investors also form their own opinion of Selective Insurance's value that differs from its market value or its book value, called intrinsic value, which is Selective Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Selective Insurance's market value can be influenced by many factors that don't directly affect Selective Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Selective Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selective Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selective Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.