Mgic Investment (MTG) Convertible Debt (2009 - 2023)
Mgic Investment (MTG) posted quarterly Convertible Debt of $21.1 million for Q2 2023, down 40.33% year-over-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 (2009 - 2023) Analysis & Trends
Mgic Investment's Convertible Debt history runs 15 years deep, the most recent figure standing at $21.1 million for Q2 2023.
- In Q2 2023, Convertible Debt fell 40.33% year-over-year to $21.1 million; the TTM figure through Jun 2023 stood at $21.1 million (down 40.33% YoY), while the FY2022 annual figure was $21.1 million, down 80.87% from the prior year.
- Convertible Debt for Q2 2023 stood at $21.1 million, roughly flat from $21.1 million in the prior quarter.
- The five-year high for Convertible Debt was $256.9 million in Q1 2019, with the low 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.
- The sharpest annual moves came in 2019 and 2022: Convertible Debt changed 0.0% in 2019, then slumped 89.8% in 2022.
- Mgic Investment's Convertible Debt stood at $256.9 million in 2019, then decreased by 18.71% to $208.8 million in 2020, then slumped by 47.22% to $110.2 million in 2021, then slumped by 80.87% to $21.1 million in 2022, then changed by 0.0% to $21.1 million in 2023.
- Business Quant data shows MTG's Convertible Debt at $21.1 million in Q2 2023, $21.1 million in Q1 2023, and $21.1 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.65 Bn | 8.08 Bn | 3.59 Bn |
| 2 | First American Financial | 7.36 Bn | 4.25 Bn | 1.77 Bn |
| 3 | Axis Capital Holdings | 7.25 Bn | 6.47 Bn | 819.78 Mn |
| 4 | Enact Holdings | 6.85 Bn | 6.36 Bn | 284.04 Mn |
| 5 | Mgic Investment | 6.47 Bn | 6.25 Bn | 284.40 Mn |
| 6 | Essent | 6.18 Bn | 6.18 Bn | 313.73 Mn |
| 7 | Ryan Specialty Holdings | 5.43 Bn | 5.29 Bn | - |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn |
| 9 | NMI Holdings | 3.42 Bn | 3.35 Bn | 157.40 Mn |
| 10 | Assured Guaranty | 3.29 Bn | -506.61 Mn | 156.00 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 |