| Address:
|
518 EAST BROAD STREET
|
| City: |
COLUMBUS |
|
State: |
OH |
|
Zip Code: |
43215 |
| Telephone: |
614-464-5000 |
|
Description of Business
|
Primary SIC Code:
6331 |
| (As filed with the SEC)
|
|
|
State Auto Financial is an Ohio domiciled property and casualty insurance
holding company incorporated in 1990. We are primarily engaged in writing both
personal and business lines of insurance. State Auto Financial's subsidiaries
include State Auto P&C, Milbank, Farmers, and SA Ohio, each of which is a
property and casualty insurance company, and Stateco, which provides investment
management services to affiliated insurance companies. State Auto Financial's
nonstandard automobile insurance subsidiary, SA National, was sold to Hallmark
Insurance Company on December 31, 2010. In deciding to sell SA National, we
considered those businesses core to our long-term strategy and concluded that
the nonstandard auto market was no longer a strategic fit for us.
Our parent company is State Auto Mutual, an Ohio domiciled mutual property and
casualty insurance company organized in 1921. It owns approximately 63% of State
Auto Financial's outstanding common shares. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | -5.20 | 0.150 | N/E | | 06/2011 | -3.75 | 0.150 | N/E | | 03/2011 | 0.62 | 0.150 | 29.39 | | 12/2010 | 0.62 | 0.150 | 28.10 | | 09/2010 | 0.03 | 0.150 | 507.00 | | 06/2010 | 0.17 | 0.150 | 91.24 | | 03/2010 | 0.92 | 0.150 | 19.51 | | 12/2009 | 0.25 | 0.150 | 74.00 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.20 | Total Liab/Total Assets | 0.69 | | Net Inc/Total Assets | 0.01 | Total Liab/Inv Cap | 0.69 | | Net Inc/Inv Cap | 0.01 | Total Liab/Comm Equity | 15.13 | | Pretax Inc/Net Sales | 0.02 | Interest Coverage Ratio | 4.45 | | Net Inc/Net Sales | 0.02 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.10 | LTD/Equity | 0.14 | | SG&A/NetSales | NA | Total Debt/Equity | 0.14 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 12.03 | Quick Ratio | NA | | Inventory Turnover | NA | Current Ratio | NA | | Inventory Day Sales | NA | Net Rec/Curr Assets | NA | | Net Sales/Work Cap | NA | Inv/Curr Assets | NA | | Net Sales/PP&E | 116.82 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
388.00
|
384.40
|
380.20
|
356.90
|
|
Cost of Goods Sold
|
436.70
|
517.70
|
360.70
|
319.50
|
|
Selling & Admin Exps
|
NA
|
NA
|
NA
|
NA
|
|
Operating Income
|
-52.00
|
-137.60
|
15.40
|
34.10
|
|
Interest Exp
|
1.90
|
1.70
|
1.80
|
1.80
|
|
Pretax Income
|
-52.00
|
-137.60
|
15.40
|
34.10
|
|
Other Income
|
NA
|
NA
|
NA
|
NA
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-58.70
|
-201.40
|
12.70
|
37.60
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
186.70
|
93.40
|
82.40
|
88.30
|
|
Receivables - Total
|
121.40
|
119.50
|
108.70
|
110.50
|
|
Inventories - Total
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Assets
|
NA
|
NA
|
NA
|
NA
|
|
Net Property, Plant & Equipment
|
10.40
|
10.50
|
11.50
|
11.60
|
|
Total Assets
|
2,811.80
|
2,824.20
|
2,909.40
|
2,722.00
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
20.40
|
NA
|
NA
|
NA
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Long-Term Debt
|
116.50
|
116.60
|
116.70
|
116.80
|
|
Total Liabilities
|
2,210.60
|
2,149.50
|
2,044.50
|
1,870.20
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
117.60
|
117.60
|
117.40
|
117.30
|
|
Retained Earnings
|
470.70
|
535.30
|
742.80
|
736.10
|
|
Treasury Stock
|
-115.80
|
-115.80
|
-115.80
|
-115.80
|
|
Total Stockholders' Equity
|
601.20
|
674.70
|
864.90
|
851.80
|
|
Total Liabilities and Stockholders' Equity
|
2,811.80
|
2,824.20
|
2,909.40
|
2,722.00
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
-7.40
|
-32.60
|
74.40
|
34.00
|
|
Net Cash Provided by Investing Activities
|
106.70
|
48.40
|
-74.70
|
-39.00
|
|
Net Cash Provided by Financing Activities
|
-6.00
|
-4.80
|
-5.60
|
-5.00
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 1,117.40 | 120.40 | 2.90 | | 12/2007 | 1,113.40 | 119.10 | 2.86 | | 12/2008 | 1,181.90 | -31.10 | -0.78 | | 12/2009 | 1,256.90 | 10.20 | 0.25 | | 12/2010 | 1,355.10 | 24.50 | 0.62 | | Growth Rates | 4.94 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 72 | 10,738 | 26.66 |
|
Report Date :
2/6/2012
 Copyright
2012, EDGAR Online, Inc. All
rights reserved. Replication or redistribution of EDGAR Online, Inc. content is
expressly prohibited without the prior written consent of EDGAR Online, Inc.
EDGAR Online, Inc. shall not be liable for any errors or delays in the content,
or for any actions taken in reliance thereon.
|
|
|