SLDE (Slide Insurance Holdings) Effective Interest Rate on Debt %: 8.02% (As of Mar. 2026)

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SLDE Slide Insurance Holdings Inc SLDE
19 GF Score
Price $20.50
! 2 Warning Signs
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What is Slide Insurance Holdings Effective Interest Rate on Debt %?

Slide Insurance Holdings SLDE -0.51% 19 Effective Interest Rate on Debt % is 8.02% as of Mar. 2026. GuruFocus rates SLDE with a GF Score™ of 19/100. The stock has 2 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Slide Insurance Holdings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $3 Mil. Slide Insurance Holdings's average total debt for the quarter that ended in Mar. 2026 was $43 Mil. Therefore, Slide Insurance Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 8.02%.


Slide Insurance Holdings  (NAS:SLDE) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Slide Insurance Holdings Effective Interest Rate on Debt % Related Terms


Slide Insurance Holdings Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Slide Insurance Holdings's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Slide Insurance Holdings Effective Interest Rate on Debt % Chart

Slide Insurance Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
1.52 6.45 8.29 7.93

Slide Insurance Holdings Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.90 7.87 8.11 8.08 8.02

SLDE vs STC, HMN, HCI: Effective Interest Rate on Debt % Comparison

For the Insurance - Property & Casualty subindustry, Slide Insurance Holdings's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Slide Insurance Holdings Effective Interest Rate on Debt % vs Insurance Industry

For the Insurance industry and Financial Services sector, Slide Insurance Holdings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Slide Insurance Holdings's Effective Interest Rate on Debt % falls into.


SLDE
19GF Score
Slide Insurance Holdings Inc SLDE
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Slide Insurance Holdings Effective Interest Rate on Debt % Calculation

Slide Insurance Holdings's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -3.631/( (48.253+43.336)/ 2 )
=-1  *  -3.631/45.7945
=7.93 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=48.253 + 0
=48.253

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=43.336 + 0
=43.336

Slide Insurance Holdings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -3.408/( (43.336+41.68)/ 2 )
=-1  *  -3.408/42.508
=8.02 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=43.336 + 0
=43.336

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 8.02% mean?
Slide Insurance Holdings (SLDE) has a Effective Interest Rate on Debt % of 8.02% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Slide Insurance Holdings and its competitors.
Is Slide Insurance Holdings' Effective Interest Rate on Debt % too high?
Slide Insurance Holdings' current Effective Interest Rate on Debt % is 8.02%. Overall, Slide Insurance Holdings has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Slide Insurance Holdings' Effective Interest Rate on Debt % compare to STC and HMN?
Slide Insurance Holdings' Effective Interest Rate on Debt % of 8.02% can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Insurance company?
A good Effective Interest Rate on Debt % depends on the Insurance industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Slide Insurance Holdings and its competitors. Slide Insurance Holdings's current Effective Interest Rate on Debt % is 8.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slide Insurance Holdings stock overvalued right now?
Slide Insurance Holdings (SLDE) has a current Effective Interest Rate on Debt % of 8.02%. The current Effective Interest Rate on Debt % is 8.02%. Slide Insurance Holdings' overall GF Score™ is 19/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Slide Insurance Holdings (SLDE), the current Effective Interest Rate on Debt % is 8.02% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Slide Insurance Holdings Business Description

Other Exchanges ID8:Germany
Address 4221 W. Boy Scout boulevard, Suite 200, Tampa, FL, USA, 33607
Slide Insurance Holdings Inc operates as a technology enabled coastal specialty insurer company. It is focused on profitable underwriting of single family, condominium and commercial residential policies in the property and casualty (P&C) industry in coastal states along the Atlantic seaboard through insurance subsidiary, Slide Insurance Company (SIC). The company has one reportable segment: insurance. Its offerings include Homeowners Insurance, Condominium Insurance, Landlord Insurance, and Commercial Residential Insurance.
19GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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