Safety Insurance (SAFT) Other Non-Current Liabilities (2010 - 2024)
Safety Insurance's (SAFT) quarterly Other Non-Current Liabilities came in at $9.1 million in Q1 2024, down 78.02% YoY from $41.4 million in Q2 2023, and down 65.95% on a QoQ basis from $26.7 million in Q4 2023.
Safety Insurance (SAFT) Other Non-Current Liabilities (2010 - 2024) Analysis & Trends
Safety Insurance (SAFT) has 15 years of Other Non-Current Liabilities data on file, last reported at $9.1 million in Q1 2024.
- Quarterly Other Non-Current Liabilities fell 78.02% year-over-year to $9.1 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $9.1 million (down 78.02% YoY) and the FY2023 annual result came in at $26.7 million, down 13.43% from the prior year.
- Other Non-Current Liabilities eased to $9.1 million in Q1 2024, from $26.7 million in the prior quarter.
- In the past five years, Other Non-Current Liabilities ranged from a high of $41.4 million in Q1 2023 to a low of $2.2 million in Q3 2020.
- A 5-year average of $22.3 million and a median of $26.7 million in 2023 frame the typical range for Other Non-Current Liabilities.
- Annual changes were most pronounced in 2020 — Other Non-Current Liabilities tumbled 93.84% — and 2021, when it soared 880.99%.
- Tracing SAFT's Other Non-Current Liabilities over 5 years: stood at $6.6 million in 2020, then surged by 374.12% to $31.5 million in 2021, then dropped by 1.92% to $30.9 million in 2022, then retreated by 13.43% to $26.7 million in 2023, then sank by 65.95% to $9.1 million in 2024.
- The last three Other Non-Current Liabilities figures came in at $9.1 million (Q1 2024), $26.7 million (Q4 2023), and $34.0 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 135.05 Bn | 121.29 Bn | 9.13 Bn |
| 2 | Progressive | 123.98 Bn | 118.98 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.44 Bn | 55.69 Bn | 4.83 Bn |
| 4 | Allstate | 67.31 Bn | 28.57 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.35 Bn | 35.35 Bn | - |
| 6 | Cincinnati Financial | 26.75 Bn | 24.86 Bn | 2.39 Bn |
| 7 | Loews | 23.30 Bn | 996.48 Mn | 2.57 Bn |
| 8 | Markel | 23.20 Bn | 6.31 Bn | 2.83 Bn |
| 9 | Assurant | 14.04 Bn | 12.00 Bn | 2.71 Bn |
| 10 | Safety Insurance | 1.51 Bn | 1.24 Bn | 130.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 9.09 Mn |
| Dec 31, 2023 | 26.71 Mn |
| Sep 30, 2023 | 33.96 Mn |
| Jun 30, 2023 | 39.18 Mn |
| Mar 31, 2023 | 41.38 Mn |
| Dec 31, 2022 | 30.85 Mn |
| Sep 30, 2022 | 28.06 Mn |
| Jun 30, 2022 | 30.64 Mn |
| Mar 31, 2022 | 31.58 Mn |
| Dec 31, 2021 | 31.46 Mn |
| Sep 30, 2021 | 21.16 Mn |
| Jun 30, 2021 | 12.37 Mn |
| Mar 31, 2021 | 14.37 Mn |
| Dec 31, 2020 | 6.64 Mn |
| Sep 30, 2020 | 2.16 Mn |
| Jun 30, 2020 | 14.91 Mn |
| Mar 31, 2020 | 4.13 Mn |
| Dec 31, 2019 | 27.46 Mn |
| Sep 30, 2019 | 35.02 Mn |
| Jun 30, 2019 | 24.27 Mn |