Mbia (MBI) Change in Accured Expenses (2010 - 2023)
Mbia's (MBI) quarterly Change in Accured Expenses came in at $64.0 million in Q2 2023, down 26.44% YoY from $87.0 million in Q2 2022, and up 814.29% on a QoQ basis from $7.0 million in Q1 2023.
Mbia (MBI) Change in Accured Expenses (2010 - 2023) Analysis & Trends
Mbia (MBI) has 14 years of Change in Accured Expenses data on file, last reported at $64.0 million in Q2 2023.
- Quarterly Change in Accured Expenses fell 26.44% year-over-year to $64.0 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $141.0 million (down 14.02% YoY) and the FY2022 annual result came in at $121.0 million, up 13.08% from the prior year.
- Change in Accured Expenses improved to $64.0 million in Q2 2023, from $7.0 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $108.0 million in Q4 2020 to a low of -$51.0 million in Q3 2019.
- A 5-year average of $29.9 million and a median of $34.0 million in 2020 frame the typical range for Change in Accured Expenses.
- Annual changes were most pronounced in 2019 — Change in Accured Expenses slumped 1375.0% — and 2020, when it surged 418.18%.
- Tracing MBI's Change in Accured Expenses over 5 years: stood at $101.0 million in 2019, then advanced by 6.93% to $108.0 million in 2020, then sank by 75.93% to $26.0 million in 2021, then jumped by 34.62% to $35.0 million in 2022, then surged by 82.86% to $64.0 million in 2023.
- The last three Change in Accured Expenses figures came in at $64.0 million (Q2 2023), $7.0 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 | 12.65 Bn | 8.08 Bn | 3.59 Bn | - |
| 2 | First American Financial | 7.36 Bn | 4.25 Bn | 1.77 Bn | 133.90 Mn |
| 3 | Axis Capital Holdings | 7.25 Bn | 6.47 Bn | 819.78 Mn | - |
| 4 | Enact Holdings | 6.85 Bn | 6.36 Bn | 284.04 Mn | -36.94 Mn |
| 5 | Mgic Investment | 6.47 Bn | 6.25 Bn | 284.40 Mn | - |
| 6 | Essent | 6.18 Bn | 6.18 Bn | 313.73 Mn | -7.77 Mn |
| 7 | Ryan Specialty Holdings | 5.43 Bn | 5.29 Bn | - | 173.10 Mn |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | - |
| 9 | NMI Holdings | 3.42 Bn | 3.35 Bn | 157.40 Mn | 9.17 Mn |
| 10 | Mbia | 246.23 Mn | -101.77 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 64.00 Mn |
| Jun 30, 2023 | 64.00 Mn |
| Mar 31, 2023 | 7.00 Mn |
| Mar 31, 2023 | 7.00 Mn |
| Dec 31, 2022 | 35.00 Mn |
| Dec 31, 2022 | 35.00 Mn |
| Sep 30, 2022 | 35.00 Mn |
| Sep 30, 2022 | 35.00 Mn |
| Jun 30, 2022 | 87.00 Mn |
| Jun 30, 2022 | 87.00 Mn |
| Mar 31, 2022 | -36.00 Mn |
| Mar 31, 2022 | -36.00 Mn |
| Dec 31, 2021 | 26.00 Mn |
| Dec 31, 2021 | 26.00 Mn |
| Sep 30, 2021 | 87.00 Mn |
| Sep 30, 2021 | 87.00 Mn |
| Jun 30, 2021 | 27.00 Mn |
| Jun 30, 2021 | 27.00 Mn |
| Mar 31, 2021 | -33.00 Mn |
| Mar 31, 2021 | -33.00 Mn |