Selective Long Term Debt vs Total Assets Analysis

SIGI Stock

USD 99.92 1.73 1.76%

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 Long Term Debt and its Total Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in price.

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

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

The correlation between Selective Insurance's Long Term Debt and Total Assets is 0.79. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets 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 Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Selective Insurance Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Selective Insurance's Long Term Debt and Total Assets go up and down completely randomly.

Correlation Coefficient

0.79

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that Selective Insurance has held for over one year. Long-term debt appears on Selective Insurance Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Selective Insurance Group balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Total Assets

Total assets refers to the total amount of Selective Insurance assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Selective Insurance books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 tightly coupled with the direction of predictive economic indicators such as signals in price.

As of now, Selective Insurance's Enterprise Value Over EBITDA is increasing as compared to previous years. The Selective Insurance's current Enterprise Value Multiple is estimated to increase to 168.78, while Discontinued Operations is projected to decrease to (3.6 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

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

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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	550.6M	550.7M	506M	504.7M	503.9M	283.8M
Total Stockholder Equity	2.2B	2.7B	3.0B	2.5B	3.0B	3.1B
Retained Earnings	2.1B	2.3B	2.6B	2.7B	3.0B	3.2B
Other Assets	(5.6B)	(5.9B)	(5.9B)	2.8B	11.4B	11.9B
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	550.6M	577.8M	519.4M	8.2B	533.6M	728.2M
Other Stockholder Equity	(174.3M)	(160.9M)	(144.6M)	(133.8M)	(112.5M)	(118.1M)
Total Liab	550.6M	577.8M	519.4M	8.3B	8.8B	9.3B
Other Current Liab	(42.6M)	(47.7M)	(2.4M)	(169.2M)	(1.6M)	(1.5M)
Total Current Liabilities	16.1M	11.0M	7.2M	59.8M	9.0M	8.6M
Property Plant And Equipment Net	77.4M	77.7M	82.1M	84.3M	83.3M	61.2M
Non Current Assets Total	6.6B	7.3B	7.6B	264.9M	11.1M	10.6M
Non Currrent Assets Other	(4.9M)	(2.2M)	(4.5M)	(7.2B)	(8.1B)	(7.7B)
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	7.8B	8.3B	8.8B	7.7B	421.3M	400.2M
Short Term Debt	58.7M	58.7M	9.6M	56.3M	10.6M	10.1M
Intangible Assets	271.2M	288.6M	326.9M	368.6M	424.9M	446.1M
Cash And Short Term Investments	6.4B	6.9B	7.2B	7.1B	820.6M	779.6M
Common Stock Total Equity	207.0M	208.1M	208.9M	209.7M	241.1M	168.6M
Short Term Investments	6.4B	6.9B	7.2B	7.1B	820.4M	779.4M
Other Current Assets	1.6B	1.7B	2.0B	1.9B	2.2B	1.6B
Accumulated Other Comprehensive Income	81.8M	220.2M	115.1M	(498M)	(373.0M)	(354.4M)
Common Stock	207M	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 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 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.

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Selective Long Term Debt vs Total Assets Analysis

Long Term Debt vs Total Assets

Long Term Debt vs Total Assets Correlation Analysis

Correlation Coefficient

Long Term Debt

Total Assets

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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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Short Term Investments	+ 1.0	Cash And Short Term Investments
Property Plant And Equipment Gross	+ 0.99	Property Plant And Equipment Net
Retained Earnings	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Stockholder Equity
Total Stockholder Equity	+ 0.96	Total Assets

Common Stock Total Equity	- 0.9	Good Will
Non Currrent Assets Other	- 0.9	Other Assets
Non Current Assets Total	- 0.9	Other Assets
Inventory	- 0.89	Retained Earnings
Non Currrent Assets Other	- 0.88	Total Liab
Inventory	- 0.85	Intangible Assets