Mgic Investment (MTG) Asset Writedowns and Impairment (2009 - 2014)

Mgic Investment (MTG) reported Asset Writedowns and Impairment of $144000.0 for Q4 2014, down 56.1% quarter-over-quarter from $328000.0 in Q3 2013.

Mgic Investment (MTG) Asset Writedowns and Impairment (2009 - 2014) Analysis & Trends

Mgic Investment has reported Asset Writedowns and Impairment for 6 years, with the latest figure at $144000.0 in Q4 2014.

  • For the quarter ending Q4 2014, Asset Writedowns and Impairment changed N/A year-over-year to $144000.0; the trailing twelve-month figure through Dec 2014 stood at $472000.0 (down 79.47% YoY), and the FY2014 full-year result was $144000.0, down 56.1% from the prior year.
  • Asset Writedowns and Impairment for Q4 2014 stood at $144000.0, down from $328000.0 in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $3.6 million in Q4 2010, with the low at -$6.1 million in Q1 2010.
  • Historically, Asset Writedowns and Impairment has averaged $129625.0 across 5 years, with a median of $333500.0 in 2012.
  • Annual changes were most pronounced in 2011 — Asset Writedowns and Impairment tumbled 87.14% — and 2012, when it soared 326.62%.
  • Mgic Investment's Asset Writedowns and Impairment stood at $3.6 million in 2010, then slumped by 87.14% to $462000.0 in 2011, then surged by 326.62% to $2.0 million in 2012, then tumbled by 83.36% to $328000.0 in 2013, then sank by 56.1% to $144000.0 in 2014.
  • The last three Asset Writedowns and Impairment figures came in at $144000.0 (Q4 2014), $328000.0 (Q3 2013), and $2.0 million (Q4 2012), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn
6 Essent 5.47 Bn 5.47 Bn -
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn -
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn

Historic Data

Download Data
DateValue
Dec 31, 2014 144,000.00
Dec 31, 2014 144,000.00
Sep 30, 2013 328,000.00
Sep 30, 2013 328,000.00
Dec 31, 2012 1.97 Mn
Dec 31, 2012 1.97 Mn
Jun 30, 2012 339,000.00
Jun 30, 2012 339,000.00
Dec 31, 2011 462,000.00
Dec 31, 2011 462,000.00
Sep 30, 2011 253,000.00
Sep 30, 2011 253,000.00
Dec 31, 2010 3.59 Mn
Dec 31, 2010 3.59 Mn
Mar 31, 2010 -6.05 Mn
Mar 31, 2010 -6.05 Mn
Jun 30, 2009 9.40 Mn
Jun 30, 2009 9.40 Mn