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| Date | Value |
|---|---|
| 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 |