MGIC Investment Balance Sheet - Quarterly (NYSE:MTG)

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$11.23 $0.08 (0.72%) MTG stock closing price Jul 17, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at MGIC Investment balance sheet. As in our MGIC Investment stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. A company releases its balance sheet every quarter along with its quarterly results. The balance sheet shows total liabilities of $2.38B and shareholders equity of $3.23B. MGIC Investment revenue and MGIC Investment operating cash flow are important in understanding the financial capacity of the company.

View and download MGIC Investment quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash177.48M99.85M250.7M127.9M427.07M155.41M274.74M300.97M249.89M181.12M
Marketable Securities----------
Receivables147.01M152.45M147.38M146.3M147.48M151.92M141.22M136.29M131.17M136.49M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
324.5M252.3M398.08M274.21M574.55M307.33M415.96M437.27M381.07M317.61M
Property Plant & Equipment----------
Accumulated Depreciation----------
Net Property Plant & Equipment
48.38M44.93M43.15M42.21M38.31M36.08M32M30.8M31.04M30.09M
Investment & Advances4.94B4.99B4.72B4.71B4.65B4.69B4.73B4.57B4.56B4.66B
Other Non-Current Assets----------
Deferred Charges230.92M253.22M435.19M500.06M570.7M625.41M619.55M633.94M718.34M777.32M
Intangibles----------
Deposits & Other Assets75.27M78.47M82.04M75.25M71.03M73.34M79.67M76.68M78.73M91.3M
Total Assets
5.62B5.62B5.68B5.6B5.9B5.73B5.87B5.74B5.77B5.88B
Notes Payable----------
Accounts Payable1.32B1.38B1.48B1.54B1.67B1.77B1.86B1.94B2.04B2.17B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
1.32B1.38B1.48B1.54B1.67B1.77B1.86B1.94B2.04B2.17B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt830.72M830.43M830.14M829.85M1.33B1.18B1.18B1.05B1.1B1.22B
Non-Current Capital Leases----------
Other Long-Term Liabilities232.36M255.97M239.6M236.15M254.57M238.39M255.12M244.15M289.24M247M
Total Liabilities
2.38B2.46B2.55B2.61B3.26B3.19B3.29B3.23B3.43B3.64B
Minority Interest----------
Preferred Stock----------
Common Stock Net371.34M370.56M370.56M370.55M360.17M359.4M359.39M341.07M341.07M340.09M
Capital Surplus1.85B1.85B1.85B1.84B1.78B1.78B1.78B1.66B1.66B1.67B
Retained Earnings1.12B977.16M939.42M819.39M722.51M632.56M525.07M468.45M359.23M290.04M
Treasury Stock----150.35M150.35M111.45M3.36M3.36M3.36M
Other Liabilities-107.76M-43.78M-26.09M-37.49M-63.1M-75.1M30.15M44.84M-11.33M-60.88M
Shareholders Equity3.23B3.15B3.13B3B2.65B2.55B2.58B2.51B2.34B2.24B
Total Liabilities & Shareholders Equity5.62B5.62B5.68B5.6B5.9B5.73B5.87B5.74B5.77B5.88B
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 economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for MTG stock as of 2018 Q1 is $5.62B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of MGIC Investment for the quarter 2018 Q1 total to $2.38B. Liabilities for a company like MGIC Investment include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

MGIC Investment Balance Sheet - Key Ratios

Current ratio
0.25
Debt to equity ratio
0.26
Asset turnover ratio
0.19
Receivables turnover
7.23
Price to book ratio
1.37