Skyward Specialty Insurance Group
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Skyward Specialty Insurance Group generated cash of $338,187,000, which is more than the previous year. Cash used in financing activities reached the amount of $130,947,000 last year. Net change in cash is therefore -$24,675,000.
Cash Flow
| 2020 | 44.70M | -74.93M | 56.30M |
|---|---|---|---|
| 2021 | 175.28M | -183.01M | 1.38M |
| 2022 | 208.93M | -193.38M | 2.18M |
| 2023 | 338.18M | -493.80M | 130.94M |
SKWD Cash Flow Statement (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Cash at beginning of period | 125.01M | 107.27M | 113.62M | 87.54M |
Operating activities | ||||
Net income | 85.98M | 39.39M | 38.31M | -74.64M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||
Depreciation and amortization | 3.89M | 4.09M | 5.60M | 5.98M |
Stock-based compensation expense | 8.52M | 2.28M | 522K | 0 |
| Deferred income tax benefit | 8.52M | 2.28M | 522K | 0 |
| Changes in operating assets and liabilities: | ||||
Accounts receivable, net | 0 | -72.72M | 2.93M | -117.27M |
Inventories | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 338.18M | 208.93M | 175.28M | 44.70M |
Investing activities | ||||
Purchases Of Investments | -461.34M | -327.20M | -363.54M | -219.61M |
Investments In Property Plant And Equipment | -3.10M | -2.32M | -2.15M | -2.07M |
Acquisitions Net | 3.57M | -6.55M | -2.36M | 18.92M |
Cash generated by investing activities | -493.80M | -193.38M | -183.01M | -74.93M |
Financing activities | ||||
Common Stock Issued | 130.23M | 2.18M | 1.38M | 255K |
Payments for dividends | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | -540K |
Repayments of term debt | 0 | 0 | -1.38M | -33.82M |
Cash used in financing activities | 130.94M | 2.18M | 1.38M | 56.30M |
Net Change In Cash | -24.67M | 17.73M | -6.34M | 26.07M |
Cash at end of period | 100.33M | 125.01M | 107.27M | 113.62M |
| Data source |