MTG
Price:
$25.5
Market Cap:
$6.46B
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brok...[Read more]
Industry
Insurance - Specialty
IPO Date
1991-08-07
Stock Exchange
NYSE
Ticker
MTG
According to MGIC Investment Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.68. This represents a change of -49.13% compared to the average of 1.33 of the last 4 quarters.
The mean historical Current Ratio of MGIC Investment Corporation over the last ten years is 1.62. The current 0.68 Current Ratio has changed 4.08% with respect to the historical average. Over the past ten years (40 quarters), MTG's Current Ratio was at its highest in in the June 2022 quarter at 81.18. The Current Ratio was at its lowest in in the June 2020 quarter at 0.
Average
1.62
Median
1.54
Minimum
0
Maximum
4.24
Discovering the peaks and valleys of MGIC Investment Corporation 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 = 232.53%
Maximum Annual Current Ratio = 4.24
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
Year | Current Ratio | Change |
---|---|---|
2023 | 0 | -100.00% |
2022 | 1.43 | 232.53% |
2021 | 0.43 | -11.85% |
2020 | 0.49 | 41.54% |
2019 | 0.34 | -91.88% |
2018 | 4.24 | 35.04% |
2017 | 3.14 | 28.91% |
2016 | 2.44 | 20.74% |
2015 | 2.02 | 21.74% |
2014 | 1.66 | 11.64% |
The current Current Ratio of MGIC Investment Corporation (MTG) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.62
5-year avg
0.54
10-year avg
1.62
MGIC Investment Corporation’s Current Ratio is less than MBIA Inc. (5.80), less than NMI Holdings, Inc. (3.32), less than Essent Group Ltd. (20.47), greater than Assured Guaranty Ltd. (0), less than Employers Holdings, Inc. (1.99), less than James River Group Holdings, Ltd. (29.74), less than ICC Holdings, Inc. (7.26), less than Radian Group Inc. (1.66), less than Ambac Financial Group, Inc. (14.54), less than AMERISAFE, Inc. (195.69), less than Investors Title Company (3.81),
Company | Current Ratio | Market cap |
---|---|---|
5.80 | $358.74M | |
3.32 | $3.06B | |
20.47 | $6.03B | |
0 | $4.74B | |
1.99 | $1.32B | |
29.74 | $168.34M | |
7.26 | $72.94M | |
1.66 | $5.21B | |
14.54 | $595.41M | |
195.69 | $1.12B | |
3.81 | $533.01M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like MGIC Investment Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like MGIC Investment Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is MGIC Investment Corporation's Current Ratio?
How is the Current Ratio calculated for MGIC Investment Corporation (MTG)?
What is the highest Current Ratio for MGIC Investment Corporation (MTG)?
What is the 3-year average Current Ratio for MGIC Investment Corporation (MTG)?
What is the 5-year average Current Ratio for MGIC Investment Corporation (MTG)?
How does the current Current Ratio for MGIC Investment Corporation (MTG) compare to its historical average?