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SKWD (Skyward Specialty Insurance Group) Total Assets : $3,729 Mil (As of Dec. 2024)


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What is Skyward Specialty Insurance Group Total Assets?

Skyward Specialty Insurance Group's Total Assets for the quarter that ended in Dec. 2024 was $3,729 Mil.

During the past 12 months, Skyward Specialty Insurance Group's average Total Assets Growth Rate was 59.70% per year. During the past 3 years, the average Total Assets Growth Rate was 20.70% per year.

During the past 5 years, Skyward Specialty Insurance Group's highest 3-Year average Total Assets Growth Rate was 20.70%. The lowest was -1.00%. And the median was 9.85%.

Total Assets is connected with ROA %. Skyward Specialty Insurance Group's annualized ROA % for the quarter that ended in Dec. 2024 was 1.57%. Total Assets is also linked to Revenue through Asset Turnover. Skyward Specialty Insurance Group's Asset Turnover for the quarter that ended in Dec. 2024 was 0.08.


Skyward Specialty Insurance Group Total Assets Historical Data

The historical data trend for Skyward Specialty Insurance Group's Total Assets 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.

* Premium members only.

Skyward Specialty Insurance Group Total Assets Chart

Skyward Specialty Insurance Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
1,948.63 2,118.21 2,363.44 2,953.44 3,729.48

Skyward Specialty Insurance Group Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,953.44 3,187.06 3,435.49 3,598.86 3,729.48

Skyward Specialty Insurance Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Skyward Specialty Insurance Group's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=793.999+2935.479
=3,729

Skyward Specialty Insurance Group's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=793.999+2935.479
=3,729

* 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  (NAS:SKWD) Total Assets Explanation

Total Assets is connected with ROA %.

Skyward Specialty Insurance Group's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=57.624/( (3598.863+3729.478)/ 2 )
=57.624/3664.1705
=1.57 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Skyward Specialty Insurance Group's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=304.474/( (3598.863+3729.478)/ 2 )
=304.474/3664.1705
=0.08

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Skyward Specialty Insurance Group Total Assets Related Terms

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Skyward Specialty Insurance Group Business Description

Traded in Other Exchanges
N/A
Address
800 Gessner Road, Suite 600, Houston, TX, USA, 77024-4284
Skyward Specialty Insurance Group Inc is a specialty insurance company that delivers commercial property and casualty products and solutions on a non-admitted and admitted basis. The firm has one reportable segment through which it offers a broad array of insurance coverages to several market niches. It operates multiple lines of business, including general liability, excess liability, professional liability, commercial auto, group accident, health, property, surety, and workers' compensation.
Executives
Sean W Duffy officer: EVP & CHIEF CLAIMS OFFICER 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Mark W Haushill officer: EVP & CFO C/O SKYWARD SPECIALTY INSURANCE GROUP, 800 GESSNER ROAD, STE 600, HOUSTON TX 77024
Gena L Ashe director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Andrew S Robinson director, officer: CEO & PRESIDENT C/O SKYWARD SPECIALTY INSURANCE GROUP, 800 GESSNER ROAD, STE. 600, HOUSTON TX 77024
Dan Pk Bodnar officer: CHIEF INFORMATION OFFICER 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Kirby Hill officer: PRESIDENT - INDUSTRY SOLUTIONS 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Burkhart John A Iii officer: PRESIDENT - SPECIALTY LINES 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Sandip A Kapadia officer: EVP, CHIEF ACTUARY 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Thomas N Schmitt officer: CHIEF PEOPLE & ADMIN. OFFICER 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Leslie Shaunty officer: GENERAL COUNSEL & SECRETARY 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
James Charles Hays director 100 S. POINTE DRIVE, UNIT 2605, MIAMI BEACH FL 33139
Katharine Terry director 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Westaim Corp 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Anthony J Kuczinski director 800 GESSNER ROAD, SUITE 600, HOUSTON TX 77024
Westaim Hiig Limited Partnership 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5