Enact Holdings, Inc.

Enact Holdings, Inc.verified

ACT

Price:

$34.76

Market Cap:

$5.34B

Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company is involved in writing and assuming residential mortgage guaranty insurance. It offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. is a subsidiary of Genworth Holdings, Inc.[Read more]

Industry

Insurance - Specialty

IPO Date

2021-09-16

Stock Exchange

NASDAQ

Ticker

ACT

The Current Ratio as of November 2024 (TTM) for Enact Holdings, Inc. (ACT) is 0

According to Enact Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 1.67 of the last 4 quarters.

Enact Holdings, Inc. (ACT) Historical Current Ratio (quarterly & annually)

How has ACT Current Ratio performed in the past?

The mean historical Current Ratio of Enact Holdings, Inc. over the last ten years is 16.32. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), ACT's Current Ratio was at its highest in in the December 2021 quarter at 39.68. The Current Ratio was at its lowest in in the January 2000 quarter at 0.

Quarterly (TTM)
Annual

Average

16.32

Median

13.91

Minimum

0

Maximum

39.29

Enact Holdings, Inc. (ACT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Enact Holdings, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.41%

Maximum Annual Current Ratio = 39.29

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230-100.00%
202229.61-24.65%
202139.29330.13%
20209.13-51.10%
201918.681.41%

Enact Holdings, Inc. (ACT) Average Current Ratio

How has ACT Current Ratio performed in the past?

The current Current Ratio of Enact Holdings, Inc. (ACT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

22.97

5-year avg

19.34

10-year avg

16.32

Enact Holdings, Inc. (ACT) Current Ratio vs. Peers

How is ACT’s Current Ratio compared to its peers?

Enact Holdings, Inc.’s Current Ratio is less than Assured Guaranty Ltd. (0), less than AMERISAFE, Inc. (195.69), less than MBIA Inc. (5.80), less than ICC Holdings, Inc. (7.26), less than Ambac Financial Group, Inc. (14.54), less than Employers Holdings, Inc. (1.99), less than James River Group Holdings, Ltd. (29.74), less than MGIC Investment Corporation (0), less than NMI Holdings, Inc. (0.68), less than Radian Group Inc. (3.32), less than Essent Group Ltd. (1.66), less than null (20.47),

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