Safety Book Value Per Share vs Dividend Yield Analysis

SAFT Stock

USD 85.89 1.03 1.21%

Safety Insurance financial indicator trend analysis is much more than just breaking down Safety Insurance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Safety Insurance is a good investment. Please check the relationship between Safety Insurance Book Value Per Share and its Dividend Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safety Insurance Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Book Value Per Share vs Dividend Yield

Book Value Per Share vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safety Insurance Book Value Per Share account and Dividend Yield. At this time, the significance of the direction appears to have pay attention.

The correlation between Safety Insurance's Book Value Per Share and Dividend Yield is -0.82. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Safety Insurance Group, assuming nothing else is changed. The correlation between historical values of Safety Insurance's Book Value Per Share and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Safety Insurance Group are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Book Value Per Share i.e., Safety Insurance's Book Value Per Share and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.82

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Dividend Yield

Dividend Yield is Safety Insurance Group dividend as a percentage of Safety Insurance stock price. Safety Insurance dividend yield is a measure of Safety Insurance stock productivity, which can be interpreted as interest rate earned on an Safety Insurance investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Most indicators from Safety Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Safety Insurance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Safety Insurance Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

At this time, Safety Insurance's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 37.52 in 2024, whereas Tax Provision is likely to drop slightly above 8.7 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	864.7M	785.1M	931.0M	729.3M
Interest Expense	522K	524K	818K	588.6K

Total Revenue Interest Expense

Safety Insurance fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Assets	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Other Liab	Retained Earnings	Accounts Payable	Long Term Debt	Treasury Stock	Common Stock	Property Plant Equipment	Other Current Liab	Short Long Term Debt Total	Total Current Liabilities	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total
Total Assets		0.97	-0.48	0.81	-0.8	0.97	-0.4	0.94	0.4	0.44	-0.9	0.87	0.54	-0.12	0.43	-0.55	0.78	0.14	0.27	0.53	-0.41	0.69	0.62	0.69	0.34	0.24
Total Stockholder Equity	0.97		-0.46	0.85	-0.83	0.87	-0.31	0.94	0.27	0.35	-0.83	0.88	0.46	-0.15	0.44	-0.61	0.74	0.07	0.35	0.48	-0.46	0.65	0.42	0.63	0.31	0.19
Other Assets	-0.48	-0.46		-0.04	0.24	-0.46	0.17	-0.53	-0.39	-0.73	0.22	-0.11	-0.72	0.11	-0.71	-0.12	-0.84	-0.63	-0.46	-0.8	0.33	-0.17	-0.37	-0.3	-0.07	-0.23
Common Stock Shares Outstanding	0.81	0.85	-0.04		-0.79	0.72	-0.28	0.7	-0.01	-0.01	-0.85	0.97	0.24	-0.01	0.01	-0.73	0.4	-0.28	0.18	0.23	-0.27	0.61	0.24	0.56	0.21	0.07
Other Stockholder Equity	-0.8	-0.83	0.24	-0.79		-0.71	0.36	-0.85	-0.07	-0.26	0.79	-0.87	-0.43	-0.19	-0.49	0.41	-0.53	-0.18	-0.16	-0.41	0.07	-0.4	-0.36	-0.75	0.03	-0.47
Total Liab	0.97	0.87	-0.46	0.72	-0.71		-0.46	0.86	0.51	0.5	-0.91	0.79	0.58	-0.07	0.39	-0.45	0.76	0.2	0.18	0.53	-0.33	0.69	0.76	0.69	0.35	0.28
Other Liab	-0.4	-0.31	0.17	-0.28	0.36	-0.46		-0.36	0.06	-0.32	0.36	-0.35	-0.28	-0.15	-0.32	0.08	-0.33	-0.18	-0.12	-0.28	-0.05	0.0	-0.36	-0.4	0.19	-0.28
Retained Earnings	0.94	0.94	-0.53	0.7	-0.85	0.86	-0.36		0.37	0.54	-0.75	0.79	0.59	-0.07	0.64	-0.43	0.82	0.33	0.25	0.51	-0.35	0.52	0.54	0.71	0.21	0.44
Accounts Payable	0.4	0.27	-0.39	-0.01	-0.07	0.51	0.06	0.37		0.47	-0.31	0.07	0.34	-0.16	0.36	0.06	0.44	0.35	0.09	0.32	-0.21	0.64	0.71	0.25	0.58	0.19
Long Term Debt	0.44	0.35	-0.73	-0.01	-0.26	0.5	-0.32	0.54	0.47		-0.25	0.13	0.83	0.2	0.7	0.32	0.78	0.79	0.12	0.68	0.03	0.05	0.57	0.49	-0.15	0.61
Treasury Stock	-0.9	-0.83	0.22	-0.85	0.79	-0.91	0.36	-0.75	-0.31	-0.25		-0.87	-0.39	0.04	-0.2	0.59	-0.52	0.02	-0.14	-0.37	0.29	-0.71	-0.56	-0.61	-0.33	-0.19
Common Stock	0.87	0.88	-0.11	0.97	-0.87	0.79	-0.35	0.79	0.07	0.13	-0.87		0.38	0.13	0.13	-0.6	0.52	-0.13	0.15	0.35	-0.14	0.55	0.4	0.73	0.1	0.21
Property Plant Equipment	0.54	0.46	-0.72	0.24	-0.43	0.58	-0.28	0.59	0.34	0.83	-0.39	0.38		0.38	0.53	0.23	0.85	0.71	0.08	0.79	0.15	0.08	0.59	0.69	-0.27	0.67
Other Current Liab	-0.12	-0.15	0.11	-0.01	-0.19	-0.07	-0.15	-0.07	-0.16	0.2	0.04	0.13	0.38		-0.03	0.64	0.06	0.22	-0.1	0.42	0.93	-0.45	0.22	0.59	-0.81	0.41
Short Long Term Debt Total	0.43	0.44	-0.71	0.01	-0.49	0.39	-0.32	0.64	0.36	0.7	-0.2	0.13	0.53	-0.03		0.15	0.65	0.78	0.24	0.52	-0.17	0.08	0.34	0.38	-0.03	0.58
Total Current Liabilities	-0.55	-0.61	-0.12	-0.73	0.41	-0.45	0.08	-0.43	0.06	0.32	0.59	-0.6	0.23	0.64	0.15		-0.06	0.5	-0.08	0.3	0.74	-0.66	0.1	0.07	-0.63	0.27
Property Plant And Equipment Net	0.78	0.74	-0.84	0.4	-0.53	0.76	-0.33	0.82	0.44	0.78	-0.52	0.52	0.85	0.06	0.65	-0.06		0.56	0.31	0.81	-0.22	0.31	0.64	0.69	0.04	0.4
Net Debt	0.14	0.07	-0.63	-0.28	-0.18	0.2	-0.18	0.33	0.35	0.79	0.02	-0.13	0.71	0.22	0.78	0.5	0.56		-0.22	0.5	0.17	-0.21	0.4	0.33	-0.3	0.76
Cash	0.27	0.35	-0.46	0.18	-0.16	0.18	-0.12	0.25	0.09	0.12	-0.14	0.15	0.08	-0.1	0.24	-0.08	0.31	-0.22		0.46	-0.27	0.27	-0.03	0.08	0.18	-0.31
Non Current Assets Total	0.53	0.48	-0.8	0.23	-0.41	0.53	-0.28	0.51	0.32	0.68	-0.37	0.35	0.79	0.42	0.52	0.3	0.81	0.5	0.46		0.14	0.12	0.54	0.66	-0.23	0.25
Non Currrent Assets Other	-0.41	-0.46	0.33	-0.27	0.07	-0.33	-0.05	-0.35	-0.21	0.03	0.29	-0.14	0.15	0.93	-0.17	0.74	-0.22	0.17	-0.27	0.14		-0.6	0.1	0.35	-0.81	0.35
Cash And Short Term Investments	0.69	0.65	-0.17	0.61	-0.4	0.69	0.0	0.52	0.64	0.05	-0.71	0.55	0.08	-0.45	0.08	-0.66	0.31	-0.21	0.27	0.12	-0.6		0.41	0.17	0.84	-0.14
Net Receivables	0.62	0.42	-0.37	0.24	-0.36	0.76	-0.36	0.54	0.71	0.57	-0.56	0.4	0.59	0.22	0.34	0.1	0.64	0.4	-0.03	0.54	0.1	0.41		0.72	0.15	0.36
Common Stock Total Equity	0.69	0.63	-0.3	0.56	-0.75	0.69	-0.4	0.71	0.25	0.49	-0.61	0.73	0.69	0.59	0.38	0.07	0.69	0.33	0.08	0.66	0.35	0.17	0.72		-0.31	0.53
Short Term Investments	0.34	0.31	-0.07	0.21	0.03	0.35	0.19	0.21	0.58	-0.15	-0.33	0.1	-0.27	-0.81	-0.03	-0.63	0.04	-0.3	0.18	-0.23	-0.81	0.84	0.15	-0.31		-0.4
Non Current Liabilities Total	0.24	0.19	-0.23	0.07	-0.47	0.28	-0.28	0.44	0.19	0.61	-0.19	0.21	0.67	0.41	0.58	0.27	0.4	0.76	-0.31	0.25	0.35	-0.14	0.36	0.53	-0.4

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Safety Insurance Account Relationship Matchups

Safety Insurance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.0B	2.1B	2.1B	2.0B	2.0B	1.6B
Total Stockholder Equity	808.4M	884.7M	927.2M	812.0M	804.3M	615.3M
Other Assets	(1.0B)	(1.1B)	(965.4M)	282.2M	254.0M	241.3M
Common Stock Shares Outstanding	15.3M	15.1M	14.9M	14.7M	14.7M	14.2M
Liabilities And Stockholders Equity	2.0B	2.1B	2.1B	2.0B	2.0B	1.6B
Other Stockholder Equity	118.5M	85.9M	80.7M	77.0M	76.1M	90.5M
Total Liab	1.2B	1.2B	1.2B	1.2B	1.2B	1.0B
Other Liab	344.6M	24.2M	46.7M	30.9M	27.8M	26.4M
Retained Earnings	661.6M	745.0M	821.7M	815.3M	781.2M	534.8M
Accounts Payable	87.9M	87.7M	85.8M	85.3M	80.2M	69.7M
Common Stock	176K	177K	178K	179K	205.9K	171.1K
Property Plant Equipment	54.0M	31M	27.1M	41.5M	47.7M	50.1M
Other Current Liab	(87.9M)	(118.7M)	(85.8M)	(122.0M)	415.0M	435.7M
Total Current Liabilities	87.9M	117.7M	115.8M	25.1M	499.7M	524.7M
Property Plant And Equipment Net	34.0M	31M	27.1M	23.3M	31.5M	17.2M
Net Debt	(10.4M)	7.2M	(6.5M)	33.0M	11.6M	12.2M
Cash	44.4M	53.8M	63.6M	25.3M	38.2M	42.6M
Non Current Assets Total	1.4B	1.5B	1.5B	69.4M	1.6B	1.7B
Non Currrent Assets Other	(1.4B)	(1.5B)	(1.5B)	(1.3B)	(59.6M)	(62.5M)
Cash And Short Term Investments	1.3B	1.3B	1.3B	1.1B	517.6M	719.0M
Net Receivables	329.8M	300.5M	290.6M	299.8M	383.2M	284.6M
Common Stock Total Equity	175K	176K	177K	178K	204.7K	184.6K
Short Term Investments	1.2B	1.3B	1.2B	1.1B	31.0M	29.5M
Non Current Liabilities Total	39.7M	78.6M	72.4M	1.1B	661.1M	694.1M
Other Current Assets	296.1M	351.6M	298.6M	260.0M	369.1M	387.6M
Property Plant And Equipment Gross	9.9M	15.6M	54.0M	53.1M	61.1M	64.1M
Total Current Assets	1.6B	1.6B	1.6B	1.6B	369.1M	507.2M
Accumulated Other Comprehensive Income	28.2M	53.5M	24.6M	(80.5M)	(53.2M)	(50.5M)
Intangible Assets	74.3M	75.0M	73.0M	7.9M	7.6M	7.2M
Net Tangible Assets	808.4M	884.7M	927.2M	787.1M	905.1M	820.1M
Good Will	1.4B	1.4B	1.4B	17.1M	19.7M	18.7M
Retained Earnings Total Equity	616.7M	661.6M	745.0M	821.7M	945.0M	615.1M
Capital Surpluse	196.3M	202.3M	209.8M	216.1M	248.5M	206.2M
Long Term Investments	1.4B	1.5B	1.5B	1.3B	1.5B	1.5B

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