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Discontinued — last reported Q4 '23

CapEx at other companies

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ESN
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Magyar BancorpMGYR
$329K+223%

Other financials

Income statement

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Revenue$27.0M+17.4%
Net income-$43.0M+23.2%
EPS (diluted)-$0.91+18.8%

Balance sheet

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Cash & equivalents$151.0M
Total debt$6.0M
Total equity-$2.3B-6.8%
Total assets$2.0B-7.3%

Cash flow

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Operating cash flow-$4.0M
Free cash flow-$48.8M+53.3%

Valuation

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Market cap$256.61M-15.7%
P/S2.7×-0.2×

Profitability

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Net margin-159.6%-32.6pp
FCF margin-263.9%+834pp

Returns & leverage

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Return on equity-120.2%
Debt / equity2.7×

Where this comes from

Reported directly by MBIA in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: MBIA’s 10-K, filed February 28, 2024.

Filed
Feb 28, 2024
Fiscal year
FY2023
Accession
0000950170-24-022129
Line itemYears Ended December 31, 2023Years Ended December 31, 2022Years Ended December 31, 2021
Consolidation of variable interest entities-2-
Deconsolidation of variable interest entities(2)--
(Payments) proceeds for derivative settlements(38)(10)(66)
Capital expenditures--(1)
Proceeds (payments) from discontinued operations(9)10-
Net cash provided (used) by investing activities767623(61)
Cash flows from financing activities:
Proceeds from investment agreements782

Item 8. Financial Statements

FAQ

What is MBIA's capex?
MBIA (MBI) reported capex of $0 in Q4 2023.
What is the long-term trend for MBIA's capex?
Over 2 years (2021 to 2023), MBIA's capex has grown at a -100.0% compound annual growth rate (CAGR), from $1M to $0.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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