Mbia (MBI) Tax Provisions (2009 - 2019)
Mbia (MBI) reported Tax Provisions of -$6.0 million for Q4 2019, down 200.0% on a YoY basis from $6.0 million in Q4 2018, and down 200.0% quarter-over-quarter from $6.0 million in Q3 2019.
Mbia (MBI) Tax Provisions (2009 - 2019) Analysis & Trends
Mbia has reported Tax Provisions for 11 years, with the latest figure at -$6.0 million in Q4 2019.
- For the quarter ending Q4 2019, Tax Provisions fell 200.0% year-over-year to -$6.0 million; the trailing twelve-month figure through Sep 2020 stood at -$6.0 million (down 200.0% YoY), and the FY2019 full-year result was $2.0 million, changed N/A from the prior year.
- Tax Provisions for Q4 2019 stood at -$6.0 million, down from $6.0 million in the prior quarter.
- The five-year high for Tax Provisions was $1.0 billion in Q2 2017, with the low at -$52.0 million in Q4 2015.
- Historically, Tax Provisions has averaged $55.6 million across 5 years, with a median of -$2.0 million in 2018.
- Annual changes were most pronounced in 2016 — Tax Provisions sank 200.0% — and 2017, when it soared 3739.29%.
- Mbia's Tax Provisions stood at -$52.0 million in 2015, then jumped by 151.92% to $27.0 million in 2016, then slumped by 177.78% to -$21.0 million in 2017, then jumped by 90.48% to -$2.0 million in 2018, then slumped by 200.0% to -$6.0 million in 2019.
- The last three Tax Provisions figures came in at -$6.0 million (Q4 2019), $6.0 million (Q3 2019), and $2.0 million (Q1 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 175.00 Mn |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | 55.81 Mn |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 37.00 Mn |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 45.61 Mn |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 41.53 Mn |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | 34.93 Mn |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 44.20 Mn |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | 6.51 Mn |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | -20.00 Mn |
| 10 | Mbia | 308.24 Mn | 14.24 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | -6.00 Mn |
| Sep 30, 2019 | 6.00 Mn |
| Mar 31, 2019 | 2.00 Mn |
| Dec 31, 2018 | -2.00 Mn |
| Mar 31, 2018 | 2.00 Mn |
| Dec 31, 2017 | -21.00 Mn |
| Sep 30, 2017 | -6.00 Mn |
| Jun 30, 2017 | 1.02 Bn |
| Mar 31, 2017 | -48.00 Mn |
| Dec 31, 2016 | 27.00 Mn |
| Sep 30, 2016 | 24.00 Mn |
| Jun 30, 2016 | -28.00 Mn |
| Mar 31, 2016 | -23.00 Mn |
| Dec 31, 2015 | -52.00 Mn |
| Sep 30, 2015 | -20.00 Mn |
| Jun 30, 2015 | 28.00 Mn |
| Mar 31, 2015 | 44.00 Mn |
| Dec 31, 2014 | -46.00 Mn |
| Sep 30, 2014 | -25.00 Mn |
| Jun 30, 2014 | -65.00 Mn |