Skyward Historical Income Statement
| SKWD Stock | 54.11 0.41 0.76% |
Historical analysis of Skyward Specialty income statement accounts such as Income Before Tax of 115.6 M, Total Other Income Expense Net of 115.6 M, Net Income of 90.3 M or Income Tax Expense of 25.3 M can show how well Skyward Specialty Insurance performed in making a profits. Evaluating Skyward Specialty income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Skyward Specialty's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Skyward Specialty latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Skyward Specialty is a good buy for the upcoming year.
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About Skyward Income Statement Analysis
Skyward Specialty Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Skyward Specialty shareholders. The income statement also shows Skyward investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Skyward Specialty Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Skyward Specialty generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Skyward Specialty Insurance minus its cost of goods sold. It is profit before Skyward Specialty operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Skyward Specialty. It is also known as Skyward Specialty overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Skyward Specialty income statement and represents the costs associated with goods and services Skyward Specialty provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Skyward Specialty's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Skyward Specialty current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyward Specialty Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. At present, Skyward Specialty's Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 115.6 M, whereas Total Revenue is forecasted to decline to about 520.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 535.8M | 642.4M | 895.4M | 520.3M | Total Revenue | 535.8M | 642.4M | 895.4M | 520.3M |
Skyward Specialty income statement Correlations
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Skyward Specialty Account Relationship Matchups
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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Skyward Specialty Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.