Selective Historical Income Statement
| SIGI Stock | USD 99.92 1.73 1.76% |
Historical analysis of Selective Insurance income statement accounts such as Operating Income of 38.6 M, Ebit of 10.1 M, EBITDA of 38.6 M or Net Income of 383.5 M can show how well Selective Insurance Group performed in making a profits. Evaluating Selective Insurance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Selective Insurance's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Selective Insurance latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Selective Insurance is a good buy for the upcoming year.
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About Selective Income Statement Analysis
Selective Insurance Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Selective Insurance shareholders. The income statement also shows Selective investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Selective Insurance Income Statement Chart
Selective Insurance Group Income Statement is one of the three primary financial statements used for reporting Selective's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Selective Insurance revenue and expense. Selective Insurance Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Selective Insurance's Net Income is increasing as compared to previous years. The Selective Insurance's current Income Tax Expense is estimated to increase to about 97.8 M, while Interest Expense is projected to decrease to under 16.9 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Selective Insurance generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
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. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Selective Insurance income statement and is an important metric when analyzing Selective Insurance profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Cost Of Revenue
Cost of Revenue is found on Selective Insurance income statement and represents the costs associated with goods and services Selective Insurance provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Selective Insurance's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 tightly coupled with the direction of predictive economic indicators such as signals in price. As of now, Selective Insurance's Net Income is increasing as compared to previous years. The Selective Insurance's current Income Tax Expense is estimated to increase to about 97.8 M, while Interest Expense is projected to decrease to under 16.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.4B | 38K | 4.2B | 4.4B | Interest Expense | 29.2M | 28.8M | 28.8M | 16.9M |
Selective Insurance income statement Correlations
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Selective Insurance Account Relationship Matchups
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Selective Insurance income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 33.7M | 30.8M | 29.2M | 28.8M | 28.8M | 16.9M | |
| Total Revenue | 2.8B | 2.9B | 3.4B | 38K | 4.2B | 4.4B | |
| Gross Profit | 2.8B | 2.9B | 3.4B | (9.3M) | 4.2B | 4.4B | |
| Other Operating Expenses | 2.5B | 2.6B | 2.9B | 3.3B | 3.8B | 4.0B | |
| Operating Income | 324M | 285.4M | 487.6M | 299.8M | 40.7M | 38.6M | |
| Ebit | 324M | 285.4M | 487.6M | 299.8M | 10.6M | 10.1M | |
| Ebitda | 379.2M | 344.8M | 542.7M | 342.2M | 40.7M | 38.6M | |
| Total Operating Expenses | (2.5B) | (2.6B) | (2.9B) | 3.3B | (4.2B) | (4.0B) | |
| Net Income | 271.6M | 246.4M | 403.8M | 224.9M | 365.2M | 383.5M | |
| Income Tax Expense | 64.8M | 56.6M | 101.5M | 55.3M | 93.2M | 97.8M | |
| Depreciation And Amortization | 55.2M | 59.4M | 55.1M | 42.3M | 30.0M | 29.6M | |
| Income Before Tax | 336.4M | 303M | 505.3M | 280.2M | 458.4M | 481.3M | |
| Total Other Income Expense Net | 12.4M | 17.6M | 17.7M | (19.6M) | 19.4M | 38.3M | |
| Cost Of Revenue | 16K | (180K) | 2.1B | 9.4M | 9.6M | 9.1M | |
| Net Income Applicable To Common Shares | 271.6M | 246.4M | 394.4M | 215.7M | 248.0M | 143.9M | |
| Net Income From Continuing Ops | 401.2M | 359.6M | 403.8M | 224.9M | 326.9M | 264.0M | |
| Tax Provision | 64.8M | 56.6M | 101.5M | 55.3M | 82.3M | 75.1M | |
| Net Interest Income | (33.7M) | (30.8M) | (29.2M) | (28.8M) | (28.9M) | (30.3M) | |
| Reconciled Depreciation | 55.2M | 59.4M | 55.1M | 42.3M | 31.4M | 38.9M |
Selective Insurance Investors Sentiment
The influence of Selective Insurance's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Selective. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Selective Insurance's public news can be used to forecast risks associated with an investment in Selective. The trend in average sentiment can be used to explain how an investor holding Selective can time the market purely based on public headlines and social activities around Selective Insurance Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Selective Insurance's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Selective Insurance's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Selective Insurance's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Selective Insurance.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Selective Insurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Selective Insurance's short interest history, or implied volatility extrapolated from Selective Insurance options trading.
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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: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 tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Selective Insurance information on this page should be used as a complementary analysis to other Selective Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Selective Stock analysis
When running Selective Insurance's price analysis, check to measure Selective Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Selective Insurance is operating at the current time. Most of Selective Insurance's value examination focuses on studying past and present price action to predict the probability of Selective Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Selective Insurance's price. Additionally, you may evaluate how the addition of Selective Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Selective Insurance's industry 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 (0.12) | Dividend Share 1.3 | Earnings Share 5.67 | Revenue Per Share 72.438 | Quarterly Revenue Growth 0.165 |
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.