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

Mgic Investment's (MTG) quarterly Asset Writedowns and Impairment came in at $144000.0 in 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's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at $144000.0 for Q4 2014.

  • On a quarterly basis, Asset Writedowns and Impairment changed N/A year-over-year to $144000.0 in Q4 2014; TTM through Dec 2014 was $472000.0, a 79.47% decrease from a year earlier, with the FY2014 full-year figure at $144000.0, down 56.1% from the prior year.
  • Asset Writedowns and Impairment retreated to $144000.0 in Q4 2014 per MTG's latest filing, from $328000.0 in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $3.6 million in Q4 2010 and bottomed at -$6.1 million in Q1 2010.
  • The 5-year median for Asset Writedowns and Impairment is $333500.0 (2012), against an average of $129625.0.
  • Across the five-year window, Asset Writedowns and Impairment tumbled 87.14% in 2011 and surged 326.62% in 2012, its largest moves.
  • Year by year, Asset Writedowns and Impairment stood at $3.6 million in 2010, then sank by 87.14% to $462000.0 in 2011, then soared by 326.62% to $2.0 million in 2012, then slumped by 83.36% to $328000.0 in 2013, then plunged by 56.1% to $144000.0 in 2014.
  • Per Business Quant, the three latest MTG Asset Writedowns and Impairment figures stand at $144000.0 (Q4 2014), $328000.0 (Q3 2013), and $2.0 million (Q4 2012).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Fidelity National Financial 13.08 Bn 10.42 Bn 3.16 Bn
2 Axis Capital Holdings 8.50 Bn 7.97 Bn 613.18 Mn
3 First American Financial 7.10 Bn 4.22 Bn 1.77 Bn
4 Enact Holdings 6.51 Bn 5.96 Bn 205.69 Mn
5 Mgic Investment 6.26 Bn 6.23 Bn 263.84 Mn
6 Essent 6.05 Bn 6.05 Bn 211.88 Mn
7 Radian 5.96 Bn 5.91 Bn 304.36 Mn
8 Assured Guaranty 3.78 Bn 3.28 Bn 65.00 Mn
9 NMI Holdings 3.17 Bn 3.10 Bn 134.15 Mn
10 Employers Holdings 957.12 Mn 620.72 Mn 51.80 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