State Auto Financial Financials
Based on the analysis of State Auto's profitability, liquidity, and operating efficiency, State Auto Financial is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May.
With this module, you can analyze State financials for your investing period. You should be able to track the changes in State Auto individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
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Understanding current and past State Auto Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of State Auto's financial statements are interrelated, with each one affecting the others. For example, an increase in State Auto's assets may result in an increase in income on the income statement.
The data published in State Auto's official financial statements usually reflect State Auto's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of State Auto Financial. For example, before you start analyzing numbers published by State accountants, it's critical to develop an understanding of what State Auto's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of State Auto's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, State Auto's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in State Auto's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of State Auto Financial. Please utilize our Beneish M Score to check the likelihood of State Auto's management manipulating its earnings.
State Auto Stock Summary
State Auto competes with Western Asset, Aegon NV, SEI Investments, Logan Ridge, and Sun Life. State Auto Financial Corporation, through its subsidiaries, engages in writing personal and business insurance products in the United States. State Auto Financial Corporation operates as a subsidiary of State Automobile Mutual Insurance Company, Inc. State Auto operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 2025 people.Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US8557071052 |
Business Address | 518 East Broad |
Sector | Financial Services |
Industry | Insurance—Property & Casualty |
Benchmark | NYSE Composite |
Website | www.stateauto.com |
Phone | 614 464 5000 |
Currency | USD - US Dollar |
You should never invest in State Auto without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of State Stock, because this is throwing your money away. Analyzing the key information contained in State Auto's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
State Auto Key Financial Ratios
Generally speaking, State Auto's financial ratios allow both analysts and investors to convert raw data from State Auto's financial statements into concise, actionable information that can be used to evaluate the performance of State Auto over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that State Auto Financial reports annually and quarterly.State Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining State Auto's current stock value. Our valuation model uses many indicators to compare State Auto value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across State Auto competition to find correlations between indicators driving State Auto's intrinsic value. More Info.State Auto Financial is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in return on asset category among related companies reporting about 0.24 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for State Auto Financial is roughly 4.10 . Comparative valuation analysis is a catch-all model that can be used if you cannot value State Auto by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for State Auto's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the State Auto's earnings, one of the primary drivers of an investment's value.State Auto Thematic Clasifications
State Auto Financial is part of Macroaxis Picks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Macroaxis daily picks. Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential
This theme covers Macroaxis daily picks. Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. Get More Thematic Ideas
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the State Auto Financial information on this page should be used as a complementary analysis to other State Auto's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in State Stock
If you are still planning to invest in State Auto Financial check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the State Auto's history and understand the potential risks before investing.
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