MGIC Net Debt from 2010 to 2024

MTG Stock

USD 26.11 0.22 0.84%

MGIC Investment's Net Debt is increasing over the last several years with stable swings. Net Debt is estimated to finish at about 441.7 M this year. Net Debt is the total debt of MGIC Investment Corp minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

1991-09-30

Previous Quarter

356.1 M

Current Value

344.7 M

Quarterly Volatility

424.3 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check MGIC Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGIC Investment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 42.6 M, Interest Expense of 49.5 M or Selling General Administrative of 0.0, as well as many indicators such as Price To Sales Ratio of 4.07, Dividend Yield of 0.0236 or PTB Ratio of 2.1. MGIC financial statements analysis is a perfect complement when working with MGIC Investment Valuation or Volatility modules.

Check out the analysis of MGIC Investment Correlation against competitors.

Latest MGIC Investment's Net Debt Growth Pattern

Below is the plot of the Net Debt of MGIC Investment Corp over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. MGIC Investment's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGIC Investment's overall financial position and show how it may be relating to other accounts over time.

Net Debt

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Net Debt

Timeline

MGIC Net Debt Regression Statistics

	Arithmetic Mean	584,456,451
	Geometric Mean	472,188,812
	Coefficient Of Variation	74.61
	Mean Deviation	366,941,725
	Median	679,693,000
	Standard Deviation	436,041,400
	Sample Variance	190132.1T
	Range	1.3B
	R-Value	0.22
	Mean Square Error	194423.3T
	R-Squared	0.05
	Significance	0.42
	Slope	21,904,580
	Total Sum of Squares	2661849.4T

MGIC Net Debt History

	2024	441.7 M
	2023	279.5 M
	2022	335.4 M
	2021	862 M
	2020	955.2 M
	2019	670.9 M
	2018	679.7 M

Other Fundumenentals of MGIC Investment Corp

Net Debt To E B I T D A

MGIC Investment Net Debt component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Net Receivables	Short Term Investments	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Accounts Payable	Net Tangible Assets	Good Will	Long Term Debt Total	Capital Surpluse	Long Term Investments	Intangible Assets	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Capital Stock
Total Assets		0.55	0.24	0.34	0.2	0.13	0.94	0.08	0.18	0.68	0.4	-0.02	0.33	0.89	0.24	0.41	0.41	0.1	0.45	0.44	0.54	0.38	0.38	-0.03	-0.06
Total Stockholder Equity	0.55		0.27	0.83	-0.69	-0.43	0.61	-0.6	0.12	0.72	0.18	-0.49	0.89	0.37	0.66	0.98	0.75	0.09	0.8	0.85	0.76	0.74	0.69	-0.07	-0.16
Net Debt	0.24	0.27		-0.04	-0.15	0.02	0.33	0.06	0.52	0.64	0.63	0.32	0.19	0.33	0.13	0.2	-0.04	0.51	0.63	0.07	0.59	0.44	-0.09	0.06	0.17
Retained Earnings	0.34	0.83	-0.04		-0.63	-0.65	0.25	-0.77	-0.12	0.38	0.11	-0.86	0.73	0.21	0.48	0.86	0.9	0.1	0.63	0.88	0.53	0.63	0.78	-0.19	-0.62
Total Liab	0.2	-0.69	-0.15	-0.63		0.46	0.07	0.82	0.0	-0.2	0.06	0.49	-0.75	0.37	-0.52	-0.79	-0.56	-0.1	-0.5	-0.65	-0.43	-0.48	-0.45	0.02	0.07
Net Receivables	0.13	-0.43	0.02	-0.65	0.46		0.17	0.46	0.23	-0.23	0.19	0.64	-0.41	0.02	-0.32	-0.48	-0.43	0.13	-0.5	-0.39	-0.16	-0.46	-0.35	0.19	0.54
Short Term Investments	0.94	0.61	0.33	0.25	0.07	0.17		0.08	0.19	0.79	0.36	0.11	0.42	0.81	0.35	0.48	0.33	0.08	0.51	0.42	0.58	0.34	0.36	0.03	0.21
Total Current Assets	0.08	-0.6	0.06	-0.77	0.82	0.46	0.08		0.22	-0.06	-0.13	0.79	-0.52	0.26	-0.22	-0.69	-0.85	-0.28	-0.36	-0.74	-0.31	-0.31	-0.7	0.13	0.4
Short Term Debt	0.18	0.12	0.52	-0.12	0.0	0.23	0.19	0.22		0.27	0.4	0.34	-0.02	0.16	0.0	0.08	-0.25	0.33	0.17	-0.24	0.36	0.54	-0.18	-0.18	0.27
Common Stock	0.68	0.72	0.64	0.38	-0.2	-0.23	0.79	-0.06	0.27		0.37	-0.01	0.58	0.73	0.51	0.61	0.33	0.15	0.88	0.44	0.8	0.62	0.37	0.06	0.04
Long Term Debt	0.4	0.18	0.63	0.11	0.06	0.19	0.36	-0.13	0.4	0.37		-0.09	-0.13	0.33	-0.32	0.12	0.27	0.93	0.32	0.18	0.34	0.16	0.36	-0.29	-0.07
Treasury Stock	-0.02	-0.49	0.32	-0.86	0.49	0.64	0.11	0.79	0.34	-0.01	-0.09		-0.36	0.09	-0.12	-0.57	-0.82	-0.2	-0.3	-0.66	-0.13	-0.27	-0.8	0.29	0.72
Property Plant Equipment	0.33	0.89	0.19	0.73	-0.75	-0.41	0.42	-0.52	-0.02	0.58	-0.13	-0.36		0.22	0.84	0.9	0.59	-0.18	0.74	0.81	0.7	0.64	0.43	0.12	-0.16
Current Deferred Revenue	0.89	0.37	0.33	0.21	0.37	0.02	0.81	0.26	0.16	0.73	0.33	0.09	0.22		0.24	0.21	0.23	-0.02	0.51	0.27	0.58	0.38	0.18	-0.02	-0.15
Accounts Payable	0.24	0.66	0.13	0.48	-0.52	-0.32	0.35	-0.22	0.0	0.51	-0.32	-0.12	0.84	0.24		0.65	0.3	-0.41	0.61	0.49	0.58	0.45	0.11	0.06	-0.04
Net Tangible Assets	0.41	0.98	0.2	0.86	-0.79	-0.48	0.48	-0.69	0.08	0.61	0.12	-0.57	0.9	0.21	0.65		0.77	0.1	0.76	0.85	0.69	0.71	0.71	-0.05	-0.2
Good Will	0.41	0.75	-0.04	0.9	-0.56	-0.43	0.33	-0.85	-0.25	0.33	0.27	-0.82	0.59	0.23	0.3	0.77		0.25	0.53	0.89	0.48	0.4	0.84	-0.14	-0.55
Long Term Debt Total	0.1	0.09	0.51	0.1	-0.1	0.13	0.08	-0.28	0.33	0.15	0.93	-0.2	-0.18	-0.02	-0.41	0.1	0.25		0.19	0.13	0.14	0.06	0.39	-0.26	-0.09
Capital Surpluse	0.45	0.8	0.63	0.63	-0.5	-0.5	0.51	-0.36	0.17	0.88	0.32	-0.3	0.74	0.51	0.61	0.76	0.53	0.19		0.62	0.82	0.75	0.45	0.08	-0.28
Long Term Investments	0.44	0.85	0.07	0.88	-0.65	-0.39	0.42	-0.74	-0.24	0.44	0.18	-0.66	0.81	0.27	0.49	0.85	0.89	0.13	0.62		0.61	0.49	0.73	-0.09	-0.39
Intangible Assets	0.54	0.76	0.59	0.53	-0.43	-0.16	0.58	-0.31	0.36	0.8	0.34	-0.13	0.7	0.58	0.58	0.69	0.48	0.14	0.82	0.61		0.75	0.35	-0.13	-0.06
Short Long Term Debt	0.38	0.74	0.44	0.63	-0.48	-0.46	0.34	-0.31	0.54	0.62	0.16	-0.27	0.64	0.38	0.45	0.71	0.4	0.06	0.75	0.49	0.75		0.33	-0.02	-0.25
Cash And Equivalents	0.38	0.69	-0.09	0.78	-0.45	-0.35	0.36	-0.7	-0.18	0.37	0.36	-0.8	0.43	0.18	0.11	0.71	0.84	0.39	0.45	0.73	0.35	0.33		-0.17	-0.37
Net Invested Capital	-0.03	-0.07	0.06	-0.19	0.02	0.19	0.03	0.13	-0.18	0.06	-0.29	0.29	0.12	-0.02	0.06	-0.05	-0.14	-0.26	0.08	-0.09	-0.13	-0.02	-0.17		-0.03
Capital Stock	-0.06	-0.16	0.17	-0.62	0.07	0.54	0.21	0.4	0.27	0.04	-0.07	0.72	-0.16	-0.15	-0.04	-0.2	-0.55	-0.09	-0.28	-0.39	-0.06	-0.25	-0.37	-0.03

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About MGIC Investment Financial Statements

MGIC Investment stakeholders use historical fundamental indicators, such as MGIC Investment's Net Debt, to determine how well the company is positioned to perform in the future. Although MGIC Investment investors may analyze each financial statement separately, they are all interrelated. For example, changes in MGIC Investment's assets and liabilities are reflected in the revenues and expenses on MGIC Investment's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MGIC Investment Corp. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Net Debt	279.5 M	441.7 M
Net Debt To EBITDA	0.29	0.27

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When determining whether MGIC Investment Corp is a strong investment it is important to analyze MGIC Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGIC Investment's future performance. For an informed investment choice regarding MGIC Stock, refer to the following important reports:

How To Invest In MGIC

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Is MGIC Stock a good investment?

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What is MGIC Investment's Net Worth?

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Check out the analysis of MGIC Investment Correlation against competitors.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGIC Investment. If investors know MGIC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGIC Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.201

Dividend Share

0.475

Earnings Share

2.83

Revenue Per Share

4.449

Quarterly Revenue Growth

0.034

The market value of MGIC Investment Corp is measured differently than its book value, which is the value of MGIC that is recorded on the company's balance sheet. Investors also form their own opinion of MGIC Investment's value that differs from its market value or its book value, called intrinsic value, which is MGIC Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGIC Investment's market value can be influenced by many factors that don't directly affect MGIC Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between MGIC Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGIC Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGIC Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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MGIC Net Debt from 2010 to 2024

Latest MGIC Investment's Net Debt Growth Pattern

MGIC Net Debt Regression Statistics

MGIC Net Debt History

Other Fundumenentals of MGIC Investment Corp

MGIC Investment Net Debt component correlations

About MGIC Investment Financial Statements

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