Safety Insurance (SAFT) Other Non-Current Liabilities (2010 - 2024)
Safety Insurance (SAFT) reported Other Non-Current Liabilities of $9.1 million for Q1 2024, down 78.02% on a YoY basis from $41.4 million in Q2 2023, and down 65.95% quarter-over-quarter from $26.7 million in Q4 2023.
Safety Insurance (SAFT) Other Non-Current Liabilities (2010 - 2024) Analysis & Trends
Safety Insurance has reported Other Non-Current Liabilities for 15 years, with the latest figure at $9.1 million in Q1 2024.
- For the quarter ending Q1 2024, Other Non-Current Liabilities fell 78.02% year-over-year to $9.1 million; the trailing twelve-month figure through Mar 2024 stood at $9.1 million (down 78.02% YoY), and the FY2023 full-year result was $26.7 million, down 13.43% from the prior year.
- Other Non-Current Liabilities for Q1 2024 stood at $9.1 million, down from $26.7 million in the prior quarter.
- The five-year high for Other Non-Current Liabilities was $41.4 million in Q1 2023, with the low at $2.2 million in Q3 2020.
- Historically, Other Non-Current Liabilities has averaged $22.3 million across 5 years, with a median of $26.7 million in 2023.
- Annual changes were most pronounced in 2020 — Other Non-Current Liabilities tumbled 93.84% — and 2021, when it soared 880.99%.
- Safety Insurance's Other Non-Current Liabilities 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 | 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, 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 |