Mgic Investment (MTG) Convertible Debt (2010 - 2023)

Mgic Investment's (MTG) quarterly Convertible Debt came in at $21.1 million in Q2 2023, down 40.33% year-on-year from $35.3 million in Q2 2022, and little changed quarter-over-quarter from $21.1 million in Q1 2023.

Mgic Investment (MTG) Convertible Debt (2010 - 2023) Analysis & Trends

Mgic Investment's Convertible Debt history runs 14 years deep, the most recent figure standing at $21.1 million for Q2 2023.

  • On a quarterly basis, Convertible Debt fell 40.33% year-over-year to $21.1 million in Q2 2023; TTM through Jun 2023 was $21.1 million, a 40.33% decrease from a year earlier, with the FY2022 full-year figure at $21.1 million, down 80.87% from the prior year.
  • Convertible Debt held at $21.1 million in Q2 2023 per MTG's latest filing, from $21.1 million in the prior quarter.
  • Across five years, Convertible Debt topped out at $256.9 million in Q1 2019 and bottomed at $21.1 million in Q4 2022.
  • The 5-year median for Convertible Debt is $208.8 million (2020), against an average of $159.4 million.
  • Across the five-year window, Convertible Debt changed 0.0% in 2019 and tumbled 89.8% in 2022, its largest moves.
  • Year by year, Convertible Debt stood at $256.9 million in 2019, then slipped by 18.71% to $208.8 million in 2020, then sank by 47.22% to $110.2 million in 2021, then sank by 80.87% to $21.1 million in 2022, then changed by 0.0% to $21.1 million in 2023.
  • Per Business Quant, the three latest MTG Convertible Debt figures stand at $21.1 million (Q2 2023), $21.1 million (Q1 2023), and $21.1 million (Q4 2022).

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
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