Mbia (MBI) Change in Accured Expenses (2010 - 2023)
Mbia (MBI) reported Change in Accured Expenses of $37.0 million for Q2 2023, up 147.44% on a YoY basis from $15.0 million in Q2 2022, and up 8.82% quarter-over-quarter from $34.0 million in Q1 2023.
Mbia (MBI) Change in Accured Expenses (2010 - 2023) Analysis & Trends
Mbia has reported Change in Accured Expenses for 14 years, with the latest figure at $37.0 million in Q2 2023.
- For the quarter ending Q2 2023, Change in Accured Expenses rose 147.44% year-over-year to $37.0 million; the trailing twelve-month figure through Jun 2023 stood at $246.0 million (up 341.18% YoY), and the FY2022 full-year result was $121.0 million, up 2925.0% from the prior year.
- Change in Accured Expenses for Q2 2023 stood at $37.0 million, up from $34.0 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $140.0 million in Q3 2022, with the low at -$78.0 million in Q2 2022.
- Historically, Change in Accured Expenses has averaged $13.4 million across 5 years, with a median of $26.5 million in 2019.
- Annual changes were most pronounced in 2019 — Change in Accured Expenses tumbled 6400.0% — and 2022, when it soared 3600.0%.
- Mbia's Change in Accured Expenses stood at -$63.0 million in 2019, then dropped by 7.94% to -$68.0 million in 2020, then jumped by 98.53% to -$1.0 million in 2021, then soared by 3600.0% to $35.0 million in 2022, then increased by 5.71% to $37.0 million in 2023.
- The last three Change in Accured Expenses figures came in at $37.0 million (Q2 2023), $34.0 million (Q1 2023), and $35.0 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | - |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | - |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | -246.90 Mn |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 32.54 Mn |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | - |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 16.58 Mn |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | - |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | -227.75 Mn |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | - |
| 10 | Mbia | 308.24 Mn | 14.24 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 37.00 Mn |
| Jun 30, 2023 | 37.00 Mn |
| Mar 31, 2023 | 34.00 Mn |
| Mar 31, 2023 | 34.00 Mn |
| Dec 31, 2022 | 35.00 Mn |
| Dec 31, 2022 | 35.00 Mn |
| Sep 30, 2022 | 140.00 Mn |
| Sep 30, 2022 | 140.00 Mn |
| Jun 30, 2022 | -78.00 Mn |
| Jun 30, 2022 | -78.00 Mn |
| Mar 31, 2022 | 24.00 Mn |
| Mar 31, 2022 | 24.00 Mn |
| Dec 31, 2021 | -1.00 Mn |
| Dec 31, 2021 | -1.00 Mn |
| Sep 30, 2021 | -47.00 Mn |
| Sep 30, 2021 | -47.00 Mn |
| Jun 30, 2021 | 27.00 Mn |
| Jun 30, 2021 | 27.00 Mn |
| Mar 31, 2021 | 25.00 Mn |
| Mar 31, 2021 | 25.00 Mn |