Selective Retained Earnings vs Net Debt Analysis

SIGI Stock

USD 97.82 1.44 1.49%

Selective Insurance financial indicator trend analysis is much more than just breaking down Selective Insurance prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Selective Insurance is a good investment. Please check the relationship between Selective Insurance Retained Earnings and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selective 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 price.

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Selective Insurance Retained Earnings account and Net Debt. At this time, the significance of the direction appears to have strong relationship.

The correlation between Selective Insurance's Retained Earnings and Net Debt is 0.62. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Debt in the same time period over historical financial statements of Selective Insurance Group, assuming nothing else is changed. The correlation between historical values of Selective Insurance's Retained Earnings and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Selective Insurance Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Retained Earnings i.e., Selective Insurance's Retained Earnings and Net Debt go up and down completely randomly.

Correlation Coefficient

0.62

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Selective Insurance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Selective 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 Selective 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 price.

As of now, Selective Insurance's Enterprise Value is increasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Total Revenue	3.4B	3.6B	101.2M	96.1M
Interest Expense	29.2M	28.8M	28.8M	16.9M

Total Revenue Interest Expense

Selective Insurance fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Other Assets	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Cash	Cash And Short Term Investments	Good Will	Common Stock Total Equity	Short Term Investments	Inventory
Total Assets		0.59	0.96	0.64	0.98	-0.37	0.91	0.86	-0.01	0.99	-0.04	0.5	0.8	0.87	0.21	0.87	0.83	0.51	-0.18	0.94	-0.31	0.51	-0.86	0.71	-0.14	-0.8
Short Long Term Debt Total	0.59		0.6	0.94	0.54	-0.51	0.67	0.6	-0.22	0.57	0.04	0.55	0.82	0.6	0.71	0.5	0.87	-0.2	-0.11	0.54	-0.18	-0.22	-0.41	0.75	0.03	-0.46
Total Stockholder Equity	0.96	0.6		0.67	0.98	-0.46	0.93	0.87	0.18	0.92	-0.08	0.37	0.85	0.89	0.26	0.76	0.82	0.5	-0.22	0.92	-0.32	0.49	-0.72	0.57	-0.29	-0.89
Net Debt	0.64	0.94	0.67		0.62	-0.52	0.74	0.65	-0.1	0.62	0.2	0.41	0.86	0.65	0.65	0.51	0.9	-0.11	-0.06	0.59	-0.28	-0.12	-0.41	0.74	-0.04	-0.57
Retained Earnings	0.98	0.54	0.98	0.62		-0.4	0.93	0.89	0.15	0.96	-0.05	0.39	0.82	0.9	0.2	0.81	0.81	0.57	-0.22	0.95	-0.32	0.56	-0.78	0.6	-0.24	-0.88
Other Assets	-0.37	-0.51	-0.46	-0.52	-0.4		-0.56	-0.43	-0.32	-0.33	-0.21	-0.23	-0.46	-0.46	-0.38	-0.39	-0.44	-0.1	0.3	-0.47	0.58	-0.01	0.13	-0.14	0.07	0.57
Common Stock Shares Outstanding	0.91	0.67	0.93	0.74	0.93	-0.56		0.95	0.2	0.88	0.18	0.51	0.84	0.96	0.48	0.76	0.88	0.39	-0.23	0.94	-0.3	0.34	-0.65	0.58	-0.06	-0.83
Non Current Liabilities Total	0.86	0.6	0.87	0.65	0.89	-0.43	0.95		0.2	0.83	0.11	0.52	0.76	1.0	0.46	0.69	0.82	0.46	-0.29	0.94	-0.15	0.41	-0.66	0.53	0.0	-0.75
Other Stockholder Equity	-0.01	-0.22	0.18	-0.1	0.15	-0.32	0.2	0.2		-0.1	-0.12	-0.37	0.18	0.23	-0.06	-0.09	-0.06	0.39	-0.36	0.21	-0.07	0.28	0.4	-0.61	-0.55	-0.45
Total Liab	0.99	0.57	0.92	0.62	0.96	-0.33	0.88	0.83	-0.1		-0.02	0.54	0.76	0.84	0.19	0.9	0.82	0.51	-0.17	0.92	-0.3	0.51	-0.89	0.74	-0.07	-0.75
Other Current Liab	-0.04	0.04	-0.08	0.2	-0.05	-0.21	0.18	0.11	-0.12	-0.02		0.18	-0.13	0.09	0.33	0.02	0.12	-0.21	0.27	0.02	-0.16	-0.23	-0.01	0.14	0.68	0.15
Total Current Liabilities	0.5	0.55	0.37	0.41	0.39	-0.23	0.51	0.52	-0.37	0.54	0.18		0.35	0.51	0.5	0.72	0.59	0.03	-0.23	0.57	0.11	-0.05	-0.54	0.62	0.59	-0.13
Property Plant And Equipment Net	0.8	0.82	0.85	0.86	0.82	-0.46	0.84	0.76	0.18	0.76	-0.13	0.35		0.78	0.48	0.63	0.91	0.19	-0.26	0.77	-0.26	0.16	-0.46	0.61	-0.35	-0.8
Non Current Assets Total	0.87	0.6	0.89	0.65	0.9	-0.46	0.96	1.0	0.23	0.84	0.09	0.51	0.78		0.45	0.7	0.83	0.48	-0.3	0.95	-0.17	0.42	-0.65	0.52	-0.04	-0.78
Non Currrent Assets Other	0.21	0.71	0.26	0.65	0.2	-0.38	0.48	0.46	-0.06	0.19	0.33	0.5	0.48	0.45		0.2	0.52	-0.54	-0.15	0.3	0.03	-0.62	0.03	0.33	0.33	-0.18
Net Receivables	0.87	0.5	0.76	0.51	0.81	-0.39	0.76	0.69	-0.09	0.9	0.02	0.72	0.63	0.7	0.2		0.7	0.44	-0.27	0.87	-0.27	0.39	-0.77	0.64	0.09	-0.61
Property Plant And Equipment Gross	0.83	0.87	0.82	0.9	0.81	-0.44	0.88	0.82	-0.06	0.82	0.12	0.59	0.91	0.83	0.52	0.7		0.19	-0.18	0.8	-0.22	0.17	-0.64	0.81	0.0	-0.66
Total Current Assets	0.51	-0.2	0.5	-0.11	0.57	-0.1	0.39	0.46	0.39	0.51	-0.21	0.03	0.19	0.48	-0.54	0.44	0.19		-0.22	0.58	-0.11	0.98	-0.53	0.03	-0.3	-0.51
Short Term Debt	-0.18	-0.11	-0.22	-0.06	-0.22	0.3	-0.23	-0.29	-0.36	-0.17	0.27	-0.23	-0.26	-0.3	-0.15	-0.27	-0.18	-0.22		-0.34	-0.08	-0.12	0.0	0.1	0.15	0.42
Intangible Assets	0.94	0.54	0.92	0.59	0.95	-0.47	0.94	0.94	0.21	0.92	0.02	0.57	0.77	0.95	0.3	0.87	0.8	0.58	-0.34		-0.25	0.52	-0.73	0.54	-0.07	-0.82
Cash	-0.31	-0.18	-0.32	-0.28	-0.32	0.58	-0.3	-0.15	-0.07	-0.3	-0.16	0.11	-0.26	-0.17	0.03	-0.27	-0.22	-0.11	-0.08	-0.25		-0.13	0.21	-0.18	0.16	0.32
Cash And Short Term Investments	0.51	-0.22	0.49	-0.12	0.56	-0.01	0.34	0.41	0.28	0.51	-0.23	-0.05	0.16	0.42	-0.62	0.39	0.17	0.98	-0.12	0.52	-0.13		-0.58	0.08	-0.33	-0.48
Good Will	-0.86	-0.41	-0.72	-0.41	-0.78	0.13	-0.65	-0.66	0.4	-0.89	-0.01	-0.54	-0.46	-0.65	0.03	-0.77	-0.64	-0.53	0.0	-0.73	0.21	-0.58		-0.79	-0.13	0.47
Common Stock Total Equity	0.71	0.75	0.57	0.74	0.6	-0.14	0.58	0.53	-0.61	0.74	0.14	0.62	0.61	0.52	0.33	0.64	0.81	0.03	0.1	0.54	-0.18	0.08	-0.79		0.27	-0.32
Short Term Investments	-0.14	0.03	-0.29	-0.04	-0.24	0.07	-0.06	0.0	-0.55	-0.07	0.68	0.59	-0.35	-0.04	0.33	0.09	0.0	-0.3	0.15	-0.07	0.16	-0.33	-0.13	0.27		0.48
Inventory	-0.8	-0.46	-0.89	-0.57	-0.88	0.57	-0.83	-0.75	-0.45	-0.75	0.15	-0.13	-0.8	-0.78	-0.18	-0.61	-0.66	-0.51	0.42	-0.82	0.32	-0.48	0.47	-0.32	0.48

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Selective Insurance Account Relationship Matchups

Selective Insurance fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	8.8B	9.7B	10.5B	10.8B	11.8B	12.4B
Short Long Term Debt Total	609.3M	609.4M	515.6M	514.5M	501.3M	293.8M
Total Stockholder Equity	2.2B	2.7B	3.0B	2.5B	3.0B	3.1B
Net Debt	549.6M	524.8M	500.1M	500.9M	501.1M	277.7M
Retained Earnings	2.1B	2.3B	2.6B	2.7B	3.0B	3.2B
Other Assets	(5.6B)	(5.9B)	772.0K	3.5M	(1.5B)	(1.4B)
Common Stock Shares Outstanding	60.0M	60.3M	60.7M	60.9M	61.0M	61.1M
Liabilities And Stockholders Equity	8.8B	9.7B	10.5B	10.8B	11.8B	12.4B
Non Current Liabilities Total	6.5B	6.8B	7.4B	8.2B	8.8B	9.3B
Other Stockholder Equity	(174.3M)	(160.9M)	(144.6M)	(133.8M)	(112.5M)	(118.1M)
Total Liab	6.6B	6.9B	7.5B	8.3B	8.8B	9.3B
Other Current Liab	68.1M	56.2M	111.5M	105.4M	(6.3M)	(5.9M)
Total Current Liabilities	126.8M	114.9M	121.1M	115.2M	128.3M	121.8M
Property Plant And Equipment Net	103.9M	117.9M	117.7M	126.7M	124.5M	67.1M
Non Current Assets Total	8.8B	9.7B	10.5B	10.8B	12.2B	12.9B
Non Currrent Assets Other	8.1B	8.9B	9.5B	9.6B	(1.0B)	(954.4M)
Net Receivables	1.4B	1.5B	1.6B	1.9B	2.0B	2.1B
Property Plant And Equipment Gross	64.0M	65.2M	77.4M	77.7M	89.4M	58.4M
Total Current Assets	300K	394K	455K	26K	1.0B	1.1B
Short Term Debt	58.7M	58.7M	9.6M	9.8M	10.6M	10.1M
Intangible Assets	271.2M	288.6M	326.9M	368.6M	424.9M	446.1M
Cash	300K	394K	455K	26K	180K	171K
Cash And Short Term Investments	300K	394K	455K	26K	820.6M	861.7M
Common Stock Total Equity	207.0M	208.1M	208.9M	209.7M	241.1M	168.6M
Short Term Investments	677.7M	844.2M	949.8M	770.9M	820.4M	1.5B
Other Current Assets	1.6B	1.7B	2.0B	1.9B	203.3M	193.2M
Accumulated Other Comprehensive Income	81.8M	220.2M	115.1M	(498.0M)	(373.0M)	(354.4M)
Common Stock	207.0M	208.1M	208.9M	209.7M	210.4M	170.8M
Other Liab	304.0M	390.7M	467.2M	472.7M	543.6M	290.5M
Long Term Debt	550.6M	550.7M	500.6M	501M	501.3M	389.5M
Treasury Stock	(592.8M)	(599.9M)	(608.9M)	(627.3M)	(564.6M)	(592.8M)
Property Plant Equipment	77.4M	77.7M	82.1M	84.3M	97.0M	65.6M
Accounts Payable	129.7M	128.9M	4.6B	115.2M	132.5M	125.8M
Net Tangible Assets	2.2B	2.5B	2.8B	2.3B	2.7B	1.9B
Retained Earnings Total Equity	2.1B	2.3B	2.6B	2.7B	3.2B	1.8B
Long Term Debt Total	550.6M	550.7M	506.1M	504.7M	580.4M	472.9M
Capital Surpluse	418.5M	439.0M	464.3M	493.5M	567.5M	399.3M

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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:

How To Invest In Selective

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Is Selective Stock a good investment?

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What is Selective Insurance's Net Worth?

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Largest Property & Casualty Insurance Companies

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Largest Insurance - Property & Casualty Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selective 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 price.

You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Selective Retained Earnings vs Net Debt Analysis

Retained Earnings vs Net Debt

Retained Earnings vs Net Debt Correlation Analysis

Correlation Coefficient

Retained Earnings

Net Debt

Selective Insurance fundamental ratios Correlations

Selective Insurance Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Selective Insurance fundamental ratios Accounts

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MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Non Current Liabilities Total
Total Liab	+ 0.99	Total Assets
Retained Earnings	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Cash And Short Term Investments	+ 0.98	Total Current Assets
Total Stockholder Equity	+ 0.96	Total Assets

Good Will	- 0.89	Total Liab
Inventory	- 0.89	Total Stockholder Equity
Inventory	- 0.88	Retained Earnings
Good Will	- 0.86	Total Assets
Inventory	- 0.83	Common Stock Shares Outstanding
Inventory	- 0.82	Intangible Assets