MGIC Investment Balance Sheet - Annual (NYSE:MTG)

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$10.32 $0.29 (2.73%) MTG stock closing price Apr 23, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like MGIC Investment, and helps in stock analysis. How cash on hand has increased or decreased is one of the many indicators used while undertaking the MGIC Investment stock analysis, and provides insights into the firm's financial performance. A company releases its balance sheet every year along with its annual results. MGIC Investment balance sheet indicates an asset turnover ratio of 0.19 and debt to equity ratio of 0.26. Also check MGIC Investment revenue and MGIC Investment operating cash flow for the same period.

View latest 10 year balance sheet data to check MGIC Investment financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash99.85M155.41M181.12M215.09M350.13M1.03B995.79M1.3B1.19B1.1B
Marketable Securities----------
Receivables152.45M151.92M136.49M243.72M168.47M215.52M301.23M459.32M777.38M828.01M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
252.3M307.33M317.61M458.81M518.6M1.24B1.3B1.76B1.96B1.93B
Property Plant & Equipment----------
Accumulated Depreciation----------
Net Property Plant & Equipment
44.93M36.08M30.09M28.69M26.18M27.19M28.14M28.63M29.55M32.25M
Investment & Advances4.99B4.69B4.66B4.61B4.87B4.23B5.82B7.46B7.25B7.05B
Other Non-Current Assets----------
Deferred Charges253.22M625.41M777.32M12.24M9.72M11.24M7.5M8.28M9.02M11.5M
Intangibles----------
Deposits & Other Assets78.47M73.34M91.3M154.01M180.06M62.46M59.89M74.96M148.25M168.18M
Total Assets
5.62B5.73B5.88B5.27B5.6B5.57B7.22B9.33B9.4B9.18B
Notes Payable----------
Accounts Payable1.38B1.77B2.17B2.62B3.26B4.27B4.85B6.28B7.18B5.57B
Current Portion Long-Term Debt--------377.09M698.44M
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
1.38B1.77B2.17B2.62B3.26B4.27B4.85B6.28B7.56B6.26B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt830.43M1.18B1.22B1.3B1.32B824.51M859.93M1.04B291.78M375.59M
Non-Current Capital Leases----------
Other Long-Term Liabilities255.97M238.39M247M309.11M275.21M283.4M312.28M349.33M254.04M175.6M
Total Liabilities
2.46B3.19B3.64B4.23B4.86B5.38B6.02B7.66B8.1B6.82B
Minority Interest----------
Preferred Stock----------
Common Stock Net370.56M359.4M340.09M340.04M340.04M205.04M205.04M205.04M130.16M130.11M
Capital Surplus1.85B1.78B1.67B1.66B1.66B1.14B1.14B1.14B443.29M367.06M
Retained Earnings977.16M632.56M290.04M-852.45M-1.07B--11.63M525.56M924.7M2.25B
Treasury Stock-150.35M3.36M32.93M64.43M104.95M162.54M222.63M269.73M276.87M
Other Liabilities-43.78M-75.1M-60.88M-81.34M-117.72M-1.04B30.12M22.13M74.15M-106.78M
Shareholders Equity3.15B2.55B2.24B1.04B744.53M196.94M1.2B1.67B1.3B2.37B
Total Liabilities & Shareholders Equity5.62B5.73B5.88B5.27B5.6B5.57B7.22B9.33B9.4B9.18B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Looking at MGIC Investment historical stock prices and the current MGIC Investment stock price can tell you how the stock price has moved, whereas the MGIC Investment PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like MGIC Investment owns and has monetary significance. MTG assets decreased from $5.73B in 2016 to $5.62B in 2017. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities: This item on the balance sheet implies the firm's, in this case MGIC Investment's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for MTG stock stand at $2.46B.

MGIC Investment Balance Sheet - Key Ratios

Current ratio
0.18
Debt to equity ratio
0.26
Asset turnover ratio
0.19
Receivables turnover
7.15
Price to book ratio
1.32