Safety Insurance (SAFT) Non-Current Deferred Tax Liability (2011 - 2022)
Safety Insurance (SAFT) reported Non-Current Deferred Tax Liability of $5.0 million for Q1 2022, down 57.12% on a YoY basis from $11.6 million in Q1 2021, and down 67.43% quarter-over-quarter from $15.2 million in Q4 2021.
Safety Insurance (SAFT) Non-Current Deferred Tax Liability (2011 - 2022) Analysis & Trends
Safety Insurance has reported Non-Current Deferred Tax Liability for 11 years, with the latest figure at $5.0 million in Q1 2022.
- For the quarter ending Q1 2022, Non-Current Deferred Tax Liability fell 57.12% year-over-year to $5.0 million; the trailing twelve-month figure through Mar 2022 stood at $5.0 million (down 57.12% YoY), and the FY2021 full-year result was $15.2 million, down 13.46% from the prior year.
- Non-Current Deferred Tax Liability for Q1 2022 stood at $5.0 million, down from $15.2 million in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $20.4 million in Q4 2018, with the low at $1.2 million in Q2 2019.
- Historically, Non-Current Deferred Tax Liability has averaged $9.7 million across 5 years, with a median of $10.2 million in 2020.
- Annual changes were most pronounced in 2018 — Non-Current Deferred Tax Liability surged 597.81% — and 2019, when it slumped 71.91%.
- Safety Insurance's Non-Current Deferred Tax Liability stood at $20.4 million in 2018, then tumbled by 71.91% to $5.7 million in 2019, then jumped by 208.05% to $17.6 million in 2020, then fell by 13.46% to $15.2 million in 2021, then plunged by 67.43% to $5.0 million in 2022.
- The last three Non-Current Deferred Tax Liability figures came in at $5.0 million (Q1 2022), $15.2 million (Q4 2021), and $11.6 million (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn |
| 10 | Safety Insurance | 1.02 Bn | 769.16 Mn | 67.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 4.96 Mn |
| Mar 31, 2022 | 4.96 Mn |
| Dec 31, 2021 | 15.24 Mn |
| Dec 31, 2021 | 15.24 Mn |
| Sep 30, 2021 | 11.56 Mn |
| Sep 30, 2021 | 11.56 Mn |
| Jun 30, 2021 | 11.92 Mn |
| Jun 30, 2021 | 11.92 Mn |
| Mar 31, 2021 | 11.57 Mn |
| Mar 31, 2021 | 11.57 Mn |
| Dec 31, 2020 | 17.61 Mn |
| Dec 31, 2020 | 17.61 Mn |
| Sep 30, 2020 | 8.89 Mn |
| Sep 30, 2020 | 8.89 Mn |
| Jun 30, 2020 | 4.41 Mn |
| Jun 30, 2020 | 4.41 Mn |
| Dec 31, 2019 | 5.72 Mn |
| Dec 31, 2019 | 5.72 Mn |
| Sep 30, 2019 | 2.73 Mn |
| Sep 30, 2019 | 2.73 Mn |