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| 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 |