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MGIC Investment Corp
NYSE:MTG

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MGIC Investment Corp Logo
MGIC Investment Corp
NYSE:MTG
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Price: 20.64 USD 0.63% Market Closed
Updated: May 5, 2024
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Balance Sheet

6.5B
+3%
Assets
Growth Rates:
1 Year
+5%
3 Years
-11%
5 Years
+15%
7 Years
+14%
10 Years
+17%
1.5B
-0.7%
Liabilities
Growth Rates:
1 Year
-7%
3 Years
-45%
5 Years
-30%
7 Years
-54%
10 Years
-70%
5.1B
+4%
Equity
Growth Rates:
1 Year
+9%
3 Years
+8%
5 Years
+42%
7 Years
+99%
10 Years
+581%

Balance Sheet Decomposition
MGIC Investment Corp

6.5B
Assets
1.5B
Liabilities
6.5B
Assets
1.5B
Liabilities
Cash & Short-Term Investments 363.7m
Insurance Receivable 58.5m
Deferred Policy Acquisition Cost 14.6m
PP&E 38.8m
Long-Term Investments 5.7B
Other Assets 324.1m
Insurance Policy Liabilities 663.2m
Long Term Debt 643.2m
Other Liabilities 160m

Balance Sheet
MGIC Investment Corp

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Balance Sheet
Currency: USD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
198
181
155
100
152
162
288
285
327
364
Cash Equivalents
198
181
155
100
152
162
288
285
327
364
Insurance Receivable
57
49
52
54
55
56
56
57
58
58
Deferred Policy Acquisition Cost
12
15
18
19
18
19
22
22
19
15
PP&E Net
29
30
36
45
52
50
47
46
41
39
PP&E Gross
29
30
36
45
52
50
47
46
41
39
Accumulated Depreciation
55
0
31
34
38
43
51
55
57
59
Note Receivable
92
0
0
0
0
0
0
0
0
0
Long-Term Investments
4 613
4 663
4 692
4 991
5 159
5 758
6 683
6 607
5 425
5 739
Other Long-Term Assets
0
762
608
234
72
13
9
20
130
87
Other Assets
266
168
173
177
170
172
250
290
213
237
Total Assets
5 266
N/A
5 868
+11%
5 735
-2%
5 620
-2%
5 678
+1%
6 230
+10%
7 355
+18%
7 325
0%
6 214
-15%
6 538
+5%
Liabilities
Insurance Policy Liabilities
2 624
2 173
1 769
1 379
1 084
936
1 168
1 125
753
663
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
Long-Term Debt
1 296
1 212
1 179
830
832
833
1 243
1 147
663
643
Other Liabilities
309
247
238
256
180
152
245
192
155
160
Total Liabilities
4 230
N/A
3 632
-14%
3 186
-12%
2 465
-23%
2 096
-15%
1 920
-8%
2 656
+38%
2 464
-7%
1 571
-36%
1 466
-7%
Equity
Common Stock
340
340
359
371
371
371
371
371
371
371
Retained Earnings
853
290
633
977
1 647
2 279
2 642
3 251
4 004
4 593
Additional Paid In Capital
1 664
1 670
1 782
1 851
1 863
1 870
1 862
1 795
1 799
1 808
Unrealized Security Profit/Loss
58
17
21
29
35
139
272
150
409
267
Treasury Stock
33
3
150
0
175
283
393
675
1 050
1 384
Other Equity
24
44
54
73
89
66
55
30
73
49
Total Equity
1 037
N/A
2 236
+116%
2 549
+14%
3 155
+24%
3 582
+14%
4 309
+20%
4 699
+9%
4 861
+3%
4 643
-4%
5 072
+9%
Total Liabilities & Equity
5 266
N/A
5 868
+11%
5 735
-2%
5 620
-2%
5 678
+1%
6 230
+10%
7 355
+18%
7 325
0%
6 214
-15%
6 538
+5%
Shares Outstanding
Common Shares Outstanding
339
340
341
371
355
347
339
320
293
272

See Also

Summary
MTG intrinsic value, competitors valuation, and company profile.
DCF Valuation
MTG stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MTG stock valuation using valuation multiples.
Wall Street Estimates
MTG price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MTG stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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