SLDE (Slide Insurance Holdings) Interest Expense: $-4 Mil (TTM As of Mar. 2026)


SLDE Slide Insurance Holdings Inc SLDE
19 GF Score
Price $21.25
! 2 Warning Signs
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What is Slide Insurance Holdings Interest Expense?

Slide Insurance Holdings SLDE +6.30% 19 Interest Expense is $-4 Mil as of Mar. 2026. GuruFocus rates SLDE with a GF Score™ of 19/100. The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Slide Insurance Holdings's interest expense for the three months ended in Mar. 2026 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-4 Mil.

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. Slide Insurance Holdings's Operating Income for the three months ended in Mar. 2026 was $ 187 Mil. Slide Insurance Holdings's Interest Expense for the three months ended in Mar. 2026 was $ -1 Mil. Slide Insurance Holdings's Interest Coverage for the quarter that ended in Mar. 2026 was 218.93. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Slide Insurance Holdings  (NAS:SLDE) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Slide Insurance Holdings's Interest Expense for the three months ended in Mar. 2026 was $-1 Mil. Its EBIT for the three months ended in Mar. 2026 was $187 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $42 Mil.

Slide Insurance Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* EBIT (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*186.528/-0.852
=218.93

* 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.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Slide Insurance Holdings Inc has enough cash to cover all of its debt. Its financial situation is stable.

Slide Insurance Holdings Interest Expense Historical Data

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The historical data trend for Slide Insurance Holdings's Interest Expense 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 Interest Expense Chart

Slide Insurance Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Interest Expense
-0.49 -2.40 -3.75 -3.63

Slide Insurance Holdings Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.93 -0.90 -0.91 -0.89 -0.85
SLDE
19GF Score
Slide Insurance Holdings Inc SLDE
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Slide Insurance Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-4 Mil mean?
Slide Insurance Holdings (SLDE) has a Interest Expense of $-4 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Slide Insurance Holdings and its competitors.
Is Slide Insurance Holdings' Interest Expense too high?
Slide Insurance Holdings' current Interest Expense is $-4 Mil. 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' Interest Expense compare to STC and HMN?
Slide Insurance Holdings' Interest Expense of $-4 Mil 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 Interest Expense for an Insurance company?
A good Interest Expense depends on the Insurance industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Slide Insurance Holdings and its competitors. Slide Insurance Holdings's current Interest Expense is $-4 Mil. 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 Interest Expense of $-4 Mil. The current Interest Expense is $-4 Mil. 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 Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Slide Insurance Holdings (SLDE), the current Interest Expense is $-4 Mil 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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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.25
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