MGIC Investment
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has MGIC Investment's balance sheet done over the years? Its assets were worth $6,538,380,000 last year, which is more than in the previous period. 22% of MGIC Investment’s total assets is currently financed by debt. Its liabilities reached the amount of $1,466,363,000, which means an decrease by -7% compared compared to last year.
Debt to Assets
| 2014 | 5266434000 | 4.22B | 80.31% |
|---|---|---|---|
| 2015 | 5879545000 | 3.64B | 61.97% |
| 2016 | 5734529000 | 3.18B | 55.55% |
| 2017 | 5619499000 | 2.46B | 43.86% |
| 2018 | 5677802000 | 2.09B | 36.91% |
| 2019 | 6229571000 | 832.73M | 13.37% |
| 2020 | 7354526000 | 1.24B | 16.9% |
| 2021 | 7325008000 | 1.14B | 15.65% |
| 2022 | 6213793000 | 1.57B | 25.28% |
| 2023 | 6538380000 | 1.46B | 22.43% |
MTG Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 363.66M | 327.38M | 284.69M | 287.95M | 161.84M | 151.89M | 99.85M | 155.41M | 181.12M | 215.09M |
Short term investments | 5.72B | 5.40B | 6.58B | 6.66B | 5.73B | 5.15B | 4.99B | 4.69B | 4.66B | 4.61B |
Net receivables | 2.86M | 28.24M | 66.90M | 95.04M | 21.64M | 33.32M | 106.39M | 50.49M | 96.27M | 213.20M |
Inventory | 0 | -1.00B | -755.00M | -796.00M | -701.96M | 5.21B | 5.04B | 4.74B | 4.71B | 4.75B |
Other current assets | 0 | 891.30M | 755.00M | 796.00M | 701.96M | -36.27M | 741.65M | -62.58M | 269.97M | 773.15M |
Total current assets | 211.46M | 240.26M | 351.59M | 382.99M | 183.48M | 5.36B | 5.13B | 4.89B | 4.88B | 4.86B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 38.75M | 41.41M | 45.61M | 47.14M | 50.12M | 51.73M | 44.93M | 36.08M | 30.09M | 28.69M |
Goodwill | 0 | 0 | 6.38B | 6.48B | 5.58B | -204.44M | -211.41M | -307.46M | -777.32M | 0 |
Intangible assets | 14.59M | 19.06M | 21.67M | 21.56M | 18.53M | 17.88M | 18.84M | 17.75M | 15.24M | 12.24M |
Long term investments | 15.62M | 5.42B | 6.60B | 6.67B | 5.75B | 5.15B | 4.99B | 4.69B | 4.66B | 4.61B |
Other non-current assets | -34.37M | -187.02M | -6.64B | -6.72B | -5.80B | -4.89B | -4.55B | -3.88B | -3.70B | -4.23B |
Total non-current assets | 34.59M | 5.46B | 6.64B | 6.72B | 5.80B | 311.80M | 482.28M | 841.50M | 992.39M | 401.49M |
Total assets | 6.53B | 6.21B | 7.32B | 7.35B | 6.22B | 5.67B | 5.61B | 5.73B | 5.87B | 5.26B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 167.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 0 | 167.96M | 817.34M | 784.82M | 532.17M | 1.26B | 1.63B | 2.00B | 2.42B | 2.93B |
| Non-current liabilities: | ||||||||||
Long term debt | 643.19M | 662.81M | 1.14B | 1.24B | 832.73M | 831.58M | 830.43M | 1.17B | 1.21B | 1.29B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 823.16M | -152.12M | -1.14B | -1.24B | -832.73M | 180.32M | 0 | -28.79M | 2.42B | 2.93B |
Total non-current liabilities | 1.46B | 510.68M | 1.14B | 1.24B | 832.73M | 831.58M | 830.43M | 1.17B | 1.21B | 1.29B |
Total liabilities | 1.46B | 1.57B | 1.14B | 1.24B | 832.73M | 2.09B | 2.46B | 3.18B | 3.64B | 4.22B |
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