Skyward Specialty Insurance Group Balance Sheet Health
Financial Health criteria checks 5/6
Skyward Specialty Insurance Group has a total shareholder equity of $692.3M and total debt of $118.9M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are $3.2B and $2.5B respectively. Skyward Specialty Insurance Group's EBIT is $148.0M making its interest coverage ratio 14. It has cash and short-term investments of $383.0M.
Key information
17.2%
Debt to equity ratio
US$118.92m
Debt
| Interest coverage ratio | 14x |
| Cash | US$382.99m |
| Equity | US$692.27m |
| Total liabilities | US$2.49b |
| Total assets | US$3.19b |
Recent financial health updates
No updates
Recent updates
Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD) Not Lagging Market On Growth Or Pricing
Apr 29
Is 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 ($1.5B) exceed its short term liabilities ($910.1M).
Long Term Liabilities: SKWD's short term assets ($1.5B) do not cover its long term liabilities ($1.6B).
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 37.7% to 17.2% over the past 5 years.
Debt Coverage: SKWD's debt is well covered by operating cash flow (284.4%).
Interest Coverage: SKWD's interest payments on its debt are well covered by EBIT (14x coverage).