Skyward Income Before Tax from 2010 to 2024
SKWD Stock | 50.80 0.64 1.24% |
Income Before Tax | First Reported 2010-12-31 | Previous Quarter 110.1 M | Current Value 115.6 M | Quarterly Volatility 78.3 M |
Check Skyward Specialty financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skyward Specialty's main balance sheet or income statement drivers, such as Total Revenue of 520.3 M, Gross Profit of 520.3 M or Other Operating Expenses of 515.7 M, as well as many indicators such as Price To Sales Ratio of 2.52, Dividend Yield of 0.0 or PTB Ratio of 1.76. Skyward financial statements analysis is a perfect complement when working with Skyward Specialty Valuation or Volatility modules.
Skyward | Income Before Tax |
Latest Skyward Specialty's Income Before Tax Growth Pattern
Below is the plot of the Income Before Tax of Skyward Specialty Insurance over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Skyward Specialty income statement and is an important metric when analyzing Skyward Specialty profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Skyward Specialty's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Skyward Specialty's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax | 10 Years Trend |
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Income Before Tax |
Timeline |
Skyward Income Before Tax Regression Statistics
Arithmetic Mean | (22,194,593) | |
Geometric Mean | 41,786,127 | |
Coefficient Of Variation | (352.70) | |
Mean Deviation | 67,514,913 | |
Median | (3,911,000) | |
Standard Deviation | 78,280,935 | |
Sample Variance | 6127.9T | |
Range | 210.1M | |
R-Value | 0.39 | |
Mean Square Error | 5591.3T | |
R-Squared | 0.15 | |
Significance | 0.15 | |
Slope | 6,840,938 | |
Total Sum of Squares | 85790.7T |
Skyward Income Before Tax History
About Skyward Specialty Financial Statements
Skyward Specialty stakeholders use historical fundamental indicators, such as Skyward Specialty's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Skyward Specialty investors may analyze each financial statement separately, they are all interrelated. For example, changes in Skyward Specialty's assets and liabilities are reflected in the revenues and expenses on Skyward Specialty's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Skyward Specialty Insurance. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Income Before Tax | 110.1 M | 115.6 M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Skyward Specialty is a strong investment it is important to analyze Skyward Specialty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Skyward Specialty's future performance. For an informed investment choice regarding Skyward Stock, refer to the following important reports:Check out the analysis of Skyward Specialty Correlation against competitors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Skyward Specialty. If investors know Skyward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Skyward Specialty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.561 | Earnings Share 3.27 | Revenue Per Share 27.694 | Quarterly Revenue Growth 0.258 | Return On Assets 0.0353 |
The market value of Skyward Specialty is measured differently than its book value, which is the value of Skyward that is recorded on the company's balance sheet. Investors also form their own opinion of Skyward Specialty's value that differs from its market value or its book value, called intrinsic value, which is Skyward Specialty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Skyward Specialty's market value can be influenced by many factors that don't directly affect Skyward Specialty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Skyward Specialty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyward Specialty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyward Specialty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.