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MGIC Investment Corp. MTG Short-Term Borrowings

Discontinued — last reported Q4 '22

Short-Term Borrowings at other companies

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Radian GroupRDN
$494.73M
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First BanCorpFBP
$90M
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Intercontinental ExchangeICE
$1.75B-40.3%
MetLife logo
MetLifeMET
$404M+6.0%
Reinsurance Group of America logo
Reinsurance Group of AmericaRGA

Other financials

Income statement

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Revenue$297.1M-3.0%
Net income$165.3M-10.9%
EPS (diluted)$0.76+1.3%

Balance sheet

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Cash & equivalents$235.1M+13.6%
Total debt$155.0M
Total equity$5.0B-2.0%
Total assets$6.4B-1.8%

Cash flow

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Operating cash flow$76.9M-65.6%
CapEx$184.0K+47.2%
Free cash flow$76.7M-65.7%

Valuation

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Market cap$5.51B-6.1%

Profitability

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Net margin59.6%-3.9pp
FCF margin58.5%-3.5pp

Returns & leverage

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Return on equity14.1%-1.0pp
Debt / equity

Where this comes from

Reported directly by MGIC Investment Corp. in its filing.

Tagged under the XBRL concept us-gaap:FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch.

The official record: MGIC Investment Corp.’s 10-K, filed February 22, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is MGIC Investment Corp.'s short-term borrowings?
MGIC Investment Corp. (MTG) reported short-term borrowings of $0 in Q4 2022.
How has MGIC Investment Corp.'s short-term borrowings changed year-over-year?
MGIC Investment Corp.'s short-term borrowings decreased by 100.0% year-over-year, from $155M to $0.
What is the long-term trend for MGIC Investment Corp.'s short-term borrowings?
Over 2 years (2020 to 2022), MGIC Investment Corp.'s short-term borrowings has grown at a -100.0% compound annual growth rate (CAGR), from $155M to $0.
What does short-term borrowings mean?
Bank lines of credit, revolving credit facilities, and other short-term debt instruments with maturities under one year.