Safety Insurance Group Inc (SAFT) - Total Assets
Based on the latest financial reports, Safety Insurance Group Inc (SAFT) holds total assets worth $2.43 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Safety Insurance Group Inc - Total Assets Trend (1998–2025)
This chart illustrates how Safety Insurance Group Inc's total assets have evolved over time, based on quarterly financial data. Also see SAFT market cap for the company's overall valuation and market capitalisation.
Safety Insurance Group Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Safety Insurance Group Inc's total assets of $2.43 Billion consist of 53.0% current assets and 47.0% non-current assets. Review how much debt does Safety Insurance Group Inc carry to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.0% |
| Accounts Receivable | $495.50 Million | 20.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $118.57 Million | 4.8% |
| Goodwill | $17.09 Million | 0.7% |
Asset Composition Trend (1998–2025)
This chart illustrates how Safety Insurance Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Safety Insurance Group Inc share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Safety Insurance Group Inc's current assets represent 53.0% of total assets in 2025, an increase from 0.0% in 1998.
- Cash Position: Cash and equivalents constituted 3.0% of total assets in 2025, up from 0.0% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is accounts receivable at 20.1% of total assets.
Safety Insurance Group Inc Competitors by Total Assets
Key competitors of Safety Insurance Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Slide Insurance Holdings, Inc. Common Stock
NASDAQ:SLDE
|
USA | $2.69 Billion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
QBE Insurance Group Limited
AU:QBE
|
Australia | AU$49.19 Billion |
|
Suncorp Group Ltd
AU:SUNPH
|
Australia | AU$30.16 Billion |
|
Suncorp Group Ltd
AU:SUN
|
Australia | AU$29.69 Billion |
|
Insurance Australia Group Ltd
AU:IAG
|
Australia | AU$27.65 Billion |
|
Intact Financial Corporation
TO:IFC
|
Canada | CA$64.28 Billion |
|
Fairfax Financial Holdings Ltd
TO:FFH
|
Canada | CA$108.91 Billion |
Safety Insurance Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 33.17 | 23.35 | 2.67 |
| Quick Ratio | 33.17 | 23.35 | 20.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $357.16 Million | $355.22 Million | $166.12 Million |
Safety Insurance Group Inc - Advanced Valuation Insights
This section examines the relationship between Safety Insurance Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.22 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | 8.9% |
| Total Assets | $2.47 Billion |
| Market Capitalization | $1.05 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Safety Insurance Group Inc's assets below their book value (0.42x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Safety Insurance Group Inc's assets grew by 8.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Safety Insurance Group Inc (1998–2025)
The table below shows the annual total assets of Safety Insurance Group Inc from 1998 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $2.47 Billion | +8.86% |
| 2024-12-31 | $2.27 Billion | +15.52% |
| 2023-12-31 | $1.97 Billion | -0.38% |
| 2022-12-31 | $1.97 Billion | -6.84% |
| 2021-12-31 | $2.12 Billion | +3.07% |
| 2020-12-31 | $2.05 Billion | +1.56% |
| 2019-12-31 | $2.02 Billion | +8.97% |
| 2018-12-31 | $1.86 Billion | +2.71% |
| 2017-12-31 | $1.81 Billion | +2.79% |
| 2016-12-31 | $1.76 Billion | +3.19% |
| 2015-12-31 | $1.70 Billion | +1.68% |
| 2014-12-31 | $1.68 Billion | +3.09% |
| 2013-12-31 | $1.63 Billion | +3.25% |
| 2012-12-31 | $1.57 Billion | +6.91% |
| 2011-12-31 | $1.47 Billion | +2.30% |
| 2010-12-31 | $1.44 Billion | +0.81% |
| 2009-12-31 | $1.43 Billion | -0.69% |
| 2008-12-31 | $1.44 Billion | -0.63% |
| 2007-12-31 | $1.45 Billion | +6.73% |
| 2006-12-31 | $1.36 Billion | +7.80% |
| 2005-12-31 | $1.26 Billion | +4.25% |
| 2004-12-31 | $1.21 Billion | +12.09% |
| 2003-12-31 | $1.08 Billion | +9.98% |
| 2002-12-31 | $978.60 Million | +16.99% |
| 2001-12-31 | $836.49 Million | +0.38% |
| 2000-12-31 | $833.34 Million | +8.22% |
| 1999-12-31 | $770.01 Million | +4.81% |
| 1998-12-31 | $734.65 Million | -- |
About Safety Insurance Group Inc
Safety Insurance Group, Inc. provides private passenger and commercial automobile, and homeowner insurance in Massachusetts, the United States. The company offers private passenger automobile policies that provide coverage for bodily injury and property damage to others, no-fault personal injury coverage for the insured/insured's car occupants, and physical damage coverage for an insured's own ve… Read more