Mgic Investment (MTG) Non-Current Deferred Tax Liability (2011 - 2014)
Mgic Investment (MTG) reported Non-Current Deferred Tax Liability of $108000.0 for Q4 2014, up 108.61% on a YoY basis from $51770.6 in Q4 2013, and up 108.61% quarter-over-quarter from -$1.3 million in Q4 2013.
Mgic Investment (MTG) Non-Current Deferred Tax Liability (2011 - 2014) Analysis & Trends
Mgic Investment has reported Non-Current Deferred Tax Liability for 4 years, with the latest figure at $108000.0 in Q4 2014.
- For the quarter ending Q4 2014, Non-Current Deferred Tax Liability rose 108.61% year-over-year to $108000.0; the trailing twelve-month figure through Dec 2014 stood at $108000.0 (up 108.61% YoY), and the FY2014 full-year result was $108000.0, up 108.61% from the prior year.
- Non-Current Deferred Tax Liability for Q4 2014 stood at $108000.0, up from -$1.3 million in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $8.2 million in Q4 2012, with the low at -$1.3 million in Q4 2013.
- Historically, Non-Current Deferred Tax Liability has averaged $3.5 million across 4 years, with a median of $3.4 million in 2011.
- Annual changes were most pronounced in 2013 — Non-Current Deferred Tax Liability tumbled 115.25% — and 2014, when it surged 108.61%.
- Mgic Investment's Non-Current Deferred Tax Liability stood at $6.8 million in 2011, then advanced by 21.14% to $8.2 million in 2012, then plunged by 115.25% to -$1.3 million in 2013, then soared by 108.61% to $108000.0 in 2014.
- The last three Non-Current Deferred Tax Liability figures came in at $108000.0 (Q4 2014), -$1.3 million (Q4 2013), and $8.2 million (Q4 2012), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn |
| 10 | NMI Holdings | 2.82 Bn | 2.75 Bn | 152.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2014 | 108,000.00 |
| Dec 31, 2014 | 108,000.00 |
| Dec 31, 2013 | -1.25 Mn |
| Dec 31, 2013 | -1.25 Mn |
| Dec 31, 2012 | 8.22 Mn |
| Dec 31, 2012 | 8.22 Mn |
| Dec 31, 2011 | 6.79 Mn |
| Dec 31, 2011 | 6.79 Mn |