Skyward Specialty Insurance Group Balance Sheet Health
Financial Health criteria checks 5/6
Skyward Specialty Insurance Group has a total shareholder equity of $797.5M and total debt of $119.0M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are $3.6B and $2.8B respectively. Skyward Specialty Insurance Group's EBIT is $181.9M making its interest coverage ratio 17.9. It has cash and short-term investments of $311.9M.
Key information
14.9%
Debt to equity ratio
US$118.96m
Debt
| Interest coverage ratio | 17.9x |
| Cash | US$311.93m |
| Equity | US$797.51m |
| Total liabilities | US$2.80b |
| Total assets | US$3.60b |
Recent financial health updates
No updates
Recent updates
Skyward Specialty Shows Solid Growth
Nov 14Here's Why We Think Skyward Specialty Insurance Group (NASDAQ:SKWD) Is Well Worth Watching
Jul 17
Skyward Specialty Insurance Group, Inc. Just Recorded A 46% EPS Beat: Here's What Analysts Are Forecasting Next
May 05Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) Not Lagging Market On Growth Or Pricing
Apr 29Is Now The Time To Put Skyward Specialty Insurance Group (NASDAQ:SKWD) On Your Watchlist?
Mar 30New Forecasts: Here's What Analysts Think The Future Holds For Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD)
Nov 14Skyward Specialty Insurance Group, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 12Financial Position Analysis
Short Term Liabilities: SKWD's short term assets ($1.6B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: SKWD's short term assets ($1.6B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: SKWD has more cash than its total debt.
Reducing Debt: SKWD's debt to equity ratio has reduced from 37% to 14.9% over the past 5 years.
Debt Coverage: SKWD's debt is well covered by operating cash flow (338.7%).
Interest Coverage: SKWD's interest payments on its debt are well covered by EBIT (17.9x coverage).