Mgic Investment (MTG) Convertible Debt (2009 - 2023)
Mgic Investment's Convertible Debt came in at $21.09 million for Q2 2023, down 40.3% from $35.34 million a year earlier and unchanged from the prior quarter.
Analysis
Mgic Investment (MTG) Convertible Debt (2009 - 2023) Analysis & Trends
Going back to Q4 2009, Mgic Investment's Convertible Debt data covers 54 quarters.
- Convertible Debt has declined in each of the last three years, with a five-year compound annual growth rate of -39.3% (FY2017 to FY2022).
- Going back by year, Convertible Debt was $110.2 million in FY2021 (-47.2%), $208.81 million in FY2020 (-18.7%), $256.87 million in FY2019 (unchanged) and $256.87 million in FY2018 (unchanged).
- The five-year range for quarterly Convertible Debt is $21.09 million (Q4 2022) to $256.87 million (Q2 2020).
- Year-over-year, Convertible Debt has declined for seven consecutive quarters, with an average decline of 59.5% over the last eight quarters.
- Across the past five years, year-over-year decline in Convertible Debt ran from 0.0% in Q3 2021 to 89.8% in Q3 2022.
- Business Quant data shows MTG's Convertible Debt at $21.09 million (Q1 2023), $21.09 million (Q4 2022) and $21.3 million (Q3 2022) in the three quarters before Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,082.55 Bn | -334.93 Bn | 55.86 Bn |
| 2 | Chubb | 128.03 Bn | 80.09 Bn | 9.13 Bn |
| 3 | Progressive | 122.38 Bn | 98.22 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 81.46 Bn | 73.20 Bn | - |
| 5 | Travelers Companies | 75.77 Bn | 52.02 Bn | 6.23 Bn |
| 6 | Manulife Financial | 73.91 Bn | 75.11 Bn | - |
| 7 | Metlife | 60.71 Bn | -45.77 Bn | 7.82 Bn |
| 8 | Aon | 58.53 Bn | 51.77 Bn | - |
| 9 | Arthur J. Gallagher | 58.38 Bn | 52.82 Bn | - |
| 10 | Mgic Investment | 5.84 Bn | 4.70 Bn | 284.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 21.09 Mn |
| Mar 31, 2023 | 21.09 Mn |
| Dec 31, 2022 | 21.09 Mn |
| Sep 30, 2022 | 21.30 Mn |
| Jun 30, 2022 | 35.34 Mn |
| Mar 31, 2022 | 53.24 Mn |
| Dec 31, 2021 | 110.20 Mn |
| Sep 30, 2021 | 208.81 Mn |
| Jun 30, 2021 | 208.81 Mn |
| Mar 31, 2021 | 208.81 Mn |
| Dec 31, 2020 | 208.81 Mn |
| Sep 30, 2020 | 208.81 Mn |
| Jun 30, 2020 | 256.87 Mn |
| Mar 31, 2020 | 256.87 Mn |
| Dec 31, 2019 | 256.87 Mn |
| Sep 30, 2019 | 256.87 Mn |
| Jun 30, 2019 | 256.87 Mn |
| Mar 31, 2019 | 256.87 Mn |
| Dec 31, 2018 | 256.87 Mn |
| Sep 30, 2018 | 256.87 Mn |
API Access
Mgic Investment Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=MTG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "MTG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=MTG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();