Safety Insurance (SAFT) Debt Ratio (2020 - 2024)

Safety Insurance has reported Debt Ratio for 5 years, with the latest figure at 0.01 in Q4 2024.

• For the quarter ending Q4 2024, Debt Ratio changed N/A year-over-year to 0.01; the trailing twelve-month figure through Dec 2024 stood at 0.01 (changed N/A YoY), and the FY2024 full-year result was 0.01, changed N/A from the prior year.
• Debt Ratio for Q4 2024 stood at 0.01, roughly flat from 0.01 in the prior quarter.
• The five-year high for Debt Ratio was 0.02 in Q1 2023, with the low at 0.01 in Q3 2024.
• Historically, Debt Ratio has averaged 0.02 across 5 years, with a median of 0.01 in 2020.
• Annual changes were most pronounced in 2023 — Debt Ratio soared 50.07% — and 2024, when it tumbled 36.63%.
• Safety Insurance's Debt Ratio stood at 0.01 in 2020, then dropped by 2.98% to 0.01 in 2021, then increased by 25.23% to 0.02 in 2022, then fell by 17.61% to 0.01 in 2023, then fell by 9.6% to 0.01 in 2024.
• The last three Debt Ratio figures came in at 0.01 (Q4 2024), 0.01 (Q3 2024), and 0.01 (Q2 2024), per Business Quant data.