Skyward Income Tax Expense from 2010 to 2024

SKWD Stock   50.80  0.64  1.24%   
Skyward Specialty's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 25.3 M this year. During the period from 2010 to 2024 Skyward Specialty Income Tax Expense annual values regression line had coefficient of variation of (459.35) and r-squared of  0.10. View All Fundamentals
 
Income Tax Expense  
First Reported
2010-12-31
Previous Quarter
24.1 M
Current Value
25.3 M
Quarterly Volatility
17 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Skyward Specialty Correlation against competitors.

Latest Skyward Specialty's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Skyward Specialty Insurance over the last few years. It is Skyward Specialty's Income Tax Expense 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 Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Skyward Income Tax Expense Regression Statistics

Arithmetic Mean(3,702,740)
Coefficient Of Variation(459.35)
Mean Deviation15,108,109
Median2,670,000
Standard Deviation17,008,487
Sample Variance289.3T
Range45.2M
R-Value0.32
Mean Square Error279.3T
R-Squared0.10
Significance0.24
Slope1,222,808
Total Sum of Squares4050T

Skyward Income Tax Expense History

202425.3 M
202324.1 M
202210.4 M
202110 M
2014-19.9 M
20135.9 M

About Skyward Specialty Financial Statements

Skyward Specialty stakeholders use historical fundamental indicators, such as Skyward Specialty's Income Tax Expense, 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 ReportedProjected for Next Year
Income Tax Expense24.1 M25.3 M

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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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.