Safety Long Term Debt from 2010 to 2024

Below is the plot of the Long Term Debt of Safety Insurance Group over the last few years. Long-term debt is a debt that Safety Insurance has held for over one year. Long-term debt appears on Safety Insurance Group balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Safety Insurance Group balance sheet is the sum of the balances of all categories of long-term debt. It is debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years. Safety Insurance's Long Term Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Safety Insurance's overall financial position and show how it may be relating to other accounts over time.