Selective Interest Expense from 2010 to 2026

SV2 Stock  EUR 68.00  1.00  1.49%   
Selective Insurance's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is predicted to flatten to about 22.5 M. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2018-06-30
Previous Quarter
13.3 M
Current Value
13.3 M
Quarterly Volatility
1.8 M
 
Covid
 
Interest Hikes
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 22.5 M, Selling General Administrative of 24.1 M or Total Revenue of 3.4 B, as well as many indicators such as . Selective financial statements analysis is a perfect complement when working with Selective Insurance Valuation or Volatility modules.
  
This module can also supplement various Selective Insurance Technical models . Check out the analysis of Selective Insurance Correlation against competitors.
The Interest Expense trend for Selective Insurance Group offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Selective Insurance is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Selective Insurance's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Selective Insurance Group over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Selective Insurance's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Selective Interest Expense Regression Statistics

Arithmetic Mean15,310,599
Geometric Mean0.00
Coefficient Of Variation98.63
Mean Deviation14,409,975
Median22,502,480
Standard Deviation15,100,548
Sample Variance228T
Range33.7M
R-Value0.84
Mean Square Error70.6T
R-Squared0.71
Significance0.000022
Slope2,519,097
Total Sum of Squares3648.4T

Selective Interest Expense History

202622.5 M
202533.2 M
202428.9 M
202328.8 M
202228.8 M
202129.2 M
202030.8 M

About Selective Insurance Financial Statements

Selective Insurance stakeholders use historical fundamental indicators, such as Selective Insurance's Interest Expense, to determine how well the company is positioned to perform in the future. Although Selective Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Selective Insurance's assets and liabilities are reflected in the revenues and expenses on Selective 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 Selective Insurance Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense33.2 M22.5 M

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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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. In contrast, Selective Insurance's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.