Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
EBIT
by its Interest Expense. Skyward Specialty Insurance Group's
EBIT
for the
three
months ended in Mar. 2026 was $70 Mil. Skyward Specialty Insurance Group's Interest Expense for the
three
months ended in Mar. 2026 was $-8 Mil.
Skyward Specialty Insurance Group's interest coverage for the quarter that ended in Mar. 2026 was 9.04.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Skyward Specialty Insurance Group's Interest Coverage or its related term are showing as below:
SKWD'
s Interest Coverage Range Over the Past 10 Years
Min: 8.77 Med: 11.98 Max: 28.33
Current: 17.45
SKWD's Interest Coverage is ranked better than 50.99% of 353
companies
in the Insurance industry
Industry Median: 16.26
vs SKWD: 17.45
Skyward Specialty Insurance Group (NAS:SKWD) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Skyward Specialty Insurance Group Interest Coverage Related Terms
Skyward Specialty Insurance Group Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Skyward Specialty Insurance Group Interest Coverage Chart
SKWD vs HMN, HCI, STC: Interest Coverage Comparison
For the Insurance - Property & Casualty subindustry, Skyward Specialty Insurance Group's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
Skyward Specialty Insurance Group Interest Coverage vs Insurance Industry
For the Insurance industry and Financial Services sector, Skyward Specialty Insurance Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Skyward Specialty Insurance Group's Interest Coverage falls into.
Skyward Specialty Insurance Group Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
Skyward Specialty Insurance Group (SKWD) has a Interest Coverage of 9.04 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Skyward Specialty Insurance Group and its competitors. This is 25% below median its historical median of 11.98. Over the past decade, Skyward Specialty Insurance Group's Interest Coverage has ranged from 8.77 to 28.33. According to the industry distribution chart, Skyward Specialty Insurance Group ranks #173 out of 353 companies in the Insurance industry, placing it in the top 49%.
Is Skyward Specialty Insurance Group's Interest Coverage too high?
Skyward Specialty Insurance Group's current Interest Coverage of 9.04 is 25% below median its 10-year median of 11.98. Over the past 10 years, this metric has ranged from a low of 8.77 to a high of 28.33. The Insurance industry median Interest Coverage is 16.26. Skyward Specialty Insurance Group's value of 9.04 is 44.4% below this industry median. Based on the distribution chart, Skyward Specialty Insurance Group ranks #173 out of 353 companies in the Insurance industry, which is above the industry midpoint. Overall, Skyward Specialty Insurance Group has a GF Scoreâ„¢ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Skyward Specialty Insurance Group's Interest Coverage compare to HMN and HCI?
According to the Insurance industry distribution chart, Skyward Specialty Insurance Group ranks #173 out of 353 companies for Interest Coverage. This puts Skyward Specialty Insurance Group in the upper half of its industry. The industry median Interest Coverage is 16.26. Skyward Specialty Insurance Group's value of 9.04 is 44.4% below this benchmark. Historically, Skyward Specialty Insurance Group's own Interest Coverage has ranged from 8.77 to 28.33 over the past decade. While the company's 10-year median is 11.98 vs. the industry median of 16.26, Skyward Specialty Insurance Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Insurance company?
The median Interest Coverage among Insurance companies is 16.26, based on 353 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Skyward Specialty Insurance Group's current Interest Coverage of 9.04 is 44.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Skyward Specialty Insurance Group and its competitors. For the Insurance industry, the median Interest Coverage is 16.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skyward Specialty Insurance Group's current Interest Coverage is 9.04, which is 25% below median its own 10-year median of 11.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skyward Specialty Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, Skyward Specialty Insurance Group (SKWD) is currently considered Fairly Valued. The stock's GF Value™ is $58.56, compared to a current price of $54.39 — trading 7.1% below its estimated fair value. The current Interest Coverage is 9.04, which is 25% below median its 10-year median of 11.98 and 44.4% below the Insurance industry median of 16.26. Skyward Specialty Insurance Group's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Skyward Specialty Insurance Group (SKWD), the current Interest Coverage is 9.04 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.
Is Skyward Specialty Insurance Group (SKWD) Overvalued in 2026?
Based on GuruFocus' analysis, Skyward Specialty Insurance Group stock appears to be undervalued.
The current stock price of $54.39 is trading 7.1% below its estimated GF Value™ of $58.56.
GuruFocus considers Skyward Specialty Insurance Group to be Fairly Valued.
Key valuation signals for SKWD:
Interest Coverage: 9.04 (25% below median its 10-year median of 11.98)
GF Value™: $58.56 vs. price of $54.39 (7.1% below fair value)
Industry Position: 44.4% below the Insurance median (#173 of 353)
No single metric tells the full story. See the SKWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Skyward Specialty Insurance Group Business Description
Skyward Specialty Insurance Group Inc is a specialty insurance company that offers a suite of specialized insurance solutions across specialty property and casualty markets on a non-admitted and admitted basis. Its portfolio of insurance offerings covers a wide variety of risks, including general liability, commercial auto, group accident and health, property, agriculture, credit, surety, and workers' compensation, among others. Geographically, the group mainly operates in the United States.
81GF Score
Get the complete analysis for SKWD
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