Selective Net Tangible Assets from 2010 to 2026

SV2 Stock  EUR 74.00  0.50  0.68%   
Selective 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 2.2 B. Net Tangible Assets is the total assets of Selective 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
2018-06-30
Previous Quarter
2.3 B
Current Value
2.5 B
Quarterly Volatility
325.8 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 25.4 M, Selling General Administrative of 24.1 M or Total Revenue of 3.7 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 Net Tangible Assets 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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Selective 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. Selective Insurance's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Selective Net Tangible Assets Regression Statistics

Arithmetic Mean1,923,727,435
Geometric Mean1,859,954,545
Coefficient Of Variation26.68
Mean Deviation465,860,343
Median1,783,953,000
Standard Deviation513,312,299
Sample Variance263489.5T
Range1.4B
R-Value0.87
Mean Square Error66310.5T
R-Squared0.76
Slope88,854,012
Total Sum of Squares4215832.3T

Selective Net Tangible Assets History

20262.2 B
20252.7 B
20222.3 B
20212.8 B
20202.5 B
20192.2 B
20181.8 B

About Selective Insurance Financial Statements

Selective Insurance stakeholders use historical fundamental indicators, such as Selective Insurance's Net Tangible Assets, 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
Net Tangible Assets2.7 B2.2 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 Global Correlations module to find global opportunities by holding instruments from different markets.
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.