Safety Insurance (SAFT)

Total debt on the balance sheet as of June 2024 : ₹4.04 Billion

According to Safety Insurance 's latest financial reports the company's total debt is ₹4.04 Billion. 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	₹4.14 B	-14.19%
2022-12-31	₹4.82 B	13.55%
2021-12-31	₹4.25 B	-4.71%
2020-12-31	₹4.46 B	84.01%
2019-12-31	₹2.42 B
2007-12-31	₹0.70 B	-2.68%
2006-12-31	₹0.72 B	-20.06%
2005-12-31	₹0.90 B	-43.99%
2004-12-31	₹1.61 B	-12.81%
2003-12-31	₹1.85 B	-1.88%
2002-12-31	₹1.88 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Progressive PGR	₹581.08 B	14,265.80%	🇺🇸 USA
Allstate ALL	₹681.63 B	16,751.52%	🇺🇸 USA
Mercury General MCY	₹49.59 B	1,126.04%	🇺🇸 USA
American International Group AIG	₹838.23 B	20,623.01%	🇺🇸 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 : ₹4.04 Billion