Safety Insurance (SAFT) - Net assets

Net assets on the balance sheet as of September 2024 : A$1.36 Billion

According to Safety Insurance 's latest financial reports the company has A$1.36 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Safety Insurance - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.18 B	-1.07%
2022-12-31	$A$1.19 B	-6.7%
2021-12-31	$A$1.27 B	11.16%
2020-12-31	$A$1.15 B	-0.36%
2019-12-31	$A$1.15 B	13.19%
2018-12-31	$A$1.02 B	13.61%
2017-12-31	$A$0.89 B	-3.5%
2016-12-31	$A$0.93 B	5.18%
2015-12-31	$A$0.88 B	2.22%
2014-12-31	$A$0.86 B	11.04%
2013-12-31	$A$0.77 B	16.64%
2012-12-31	$A$0.66 B	4.39%
2011-12-31	$A$0.64 B	-0.5%
2010-12-31	$A$0.64 B	-6.85%
2009-12-31	$A$0.69 B	-19.24%
2008-12-31	$A$0.85 B	31.18%
2007-12-31	$A$0.65 B	3.55%
2006-12-31	$A$0.62 B	18.76%
2005-12-31	$A$0.53 B	34.38%
2004-12-31	$A$0.39 B	9.42%
2003-12-31	$A$0.36 B	-17.17%
2002-12-31	$A$0.43 B	68.73%
2001-12-31	$A$0.25 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Progressive PGR	A$43.43 B	3,089.80%	🇺🇸 USA
Allstate ALL	A$33.32 B	2,347.38%	🇺🇸 USA
Mercury General MCY	A$2.97 B	118.72%	🇺🇸 USA
American International Group AIG	A$72.08 B	5,193.73%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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