Safety Insurance (SAFT) Non-Current Deferred Tax Liability (2011 - 2022)
Safety Insurance's (SAFT) quarterly Non-Current Deferred Tax Liability came in at $5.0 million in Q1 2022, down 57.12% YoY from $11.6 million in Q1 2021, and down 67.43% on a QoQ basis from $15.2 million in Q4 2021.
Analysis
Safety Insurance (SAFT) Non-Current Deferred Tax Liability (2011 - 2022) Analysis & Trends
Safety Insurance (SAFT) has 11 years of Non-Current Deferred Tax Liability data on file, last reported at $5.0 million in Q1 2022.
- Quarterly Non-Current Deferred Tax Liability fell 57.12% year-over-year to $5.0 million in Q1 2022, while the trailing twelve-month figure through Mar 2022 was $5.0 million (down 57.12% YoY) and the FY2021 annual result came in at $15.2 million, down 13.46% from the prior year.
- Non-Current Deferred Tax Liability fell to $5.0 million in Q1 2022, from $15.2 million in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $20.4 million in Q4 2018 to a low of $1.2 million in Q2 2019.
- A 5-year average of $9.7 million and a median of $10.2 million in 2020 frame the typical range for Non-Current Deferred Tax Liability.
- Annual changes were most pronounced in 2018 — Non-Current Deferred Tax Liability surged 597.81% — and 2019, when it slumped 71.91%.
- Tracing SAFT's Non-Current Deferred Tax Liability over 5 years: 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.87 Bn | 121.10 Bn | 9.13 Bn |
| 2 | Progressive | 130.55 Bn | 125.55 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.11 Bn | 55.36 Bn | 6.23 Bn |
| 4 | Allstate | 67.83 Bn | 29.10 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 36.18 Bn | 36.18 Bn | - |
| 6 | Cincinnati Financial | 26.93 Bn | 25.04 Bn | 2.39 Bn |
| 7 | Markel | 23.13 Bn | 6.24 Bn | 2.83 Bn |
| 8 | Loews | 22.61 Bn | 314.22 Mn | 2.57 Bn |
| 9 | Assurant | 14.25 Bn | 12.21 Bn | 2.71 Bn |
| 10 | Safety Insurance | 1.51 Bn | 1.24 Bn | 130.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2022 | 4.96 Mn |
| Dec 31, 2021 | 15.24 Mn |
| Sep 30, 2021 | 11.56 Mn |
| Jun 30, 2021 | 11.92 Mn |
| Mar 31, 2021 | 11.57 Mn |
| Dec 31, 2020 | 17.61 Mn |
| Sep 30, 2020 | 8.89 Mn |
| Jun 30, 2020 | 4.41 Mn |
| Dec 31, 2019 | 5.72 Mn |
| Sep 30, 2019 | 2.73 Mn |
| Jun 30, 2019 | 1.22 Mn |
| Dec 31, 2018 | 20.36 Mn |
| Dec 31, 2017 | 27.44 Mn |
| Sep 30, 2017 | 6.41 Mn |
| Jun 30, 2017 | 4.50 Mn |
| Sep 30, 2016 | 6.08 Mn |
| Jun 30, 2016 | 7.12 Mn |
| Mar 31, 2016 | 1.30 Mn |
| Dec 31, 2014 | 1.61 Mn |
| Sep 30, 2014 | 1.60 Mn |