Safety Insurance (SAFT)

Total debt on the balance sheet as of June 2024 : NZ$81.75 Million

According to Safety Insurance 's latest financial reports the company's total debt is NZ$81.75 Million. A company’s total debt is the sum of all current and non-current debts.

Safety Insurance - Total debt on balance sheet (from 2002 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	NZ$78.67 M	-14.37%
2022-12-31	NZ$91.88 M	9.88%
2021-12-31	NZ$83.61 M	-1.09%
2020-12-31	NZ$84.54 M	67.47%
2019-12-31	NZ$50.48 M
2007-12-31	NZ$23.39 M	1.01%
2006-12-31	NZ$23.16 M	-21.2%
2005-12-31	NZ$29.39 M	-43.73%
2004-12-31	NZ$52.23 M	-16.49%
2003-12-31	NZ$62.55 M	-16.8%
2002-12-31	NZ$75.18 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Progressive PGR	NZ$11.74 B	14,268.09%	🇺🇸 USA
Allstate ALL	NZ$13.77 B	16,751.52%	🇺🇸 USA
Mercury General MCY	NZ$1.00 B	1,126.04%	🇺🇸 USA
American International Group AIG	NZ$17.13 B	20,860.68%	🇺🇸 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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Safety Insurance (SAFT) - Total debt

Total debt on the balance sheet as of June 2024 : NZ$81.75 Million