NMI Holdings, Inc.

NMI Holdings, Inc.verified

NMIH

Price:

$41.515

Market Cap:

$3.31B

NMI Holdings, Inc. provides private mortgage guaranty insurance services in the United States. The company offers mortgage insurance services; and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. NMI Holdings, Inc. was incorporated in 2011 and is headquartered in Emeryville, California.[Read more]

Industry

Insurance - Specialty

IPO Date

2013-11-08

Stock Exchange

NASDAQ

Ticker

NMIH

The Current Ratio as of September 2024 (TTM) for NMI Holdings, Inc. (NMIH) is 6.05

According to NMI Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 6.05. This represents a change of 31.99% compared to the average of 4.58 of the last 4 quarters.

NMI Holdings, Inc. (NMIH) Historical Current Ratio (quarterly & annually)

How has NMIH Current Ratio performed in the past?

The mean historical Current Ratio of NMI Holdings, Inc. over the last ten years is 78.31. The current 6.05 Current Ratio has changed 672.56% with respect to the historical average. Over the past ten years (40 quarters), NMIH's Current Ratio was at its highest in in the March 2015 quarter at 63.70. The Current Ratio was at its lowest in in the December 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

78.31

Median

28.36

Minimum

0

Maximum

285.31

NMI Holdings, Inc. (NMIH) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NMI 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 = Infinity%

Maximum Annual Current Ratio = 285.31

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.41-31.57%
20229.36-63.09%
202125.37-0.63%
202025.53-52.40%
201953.6371.93%
201831.19-65.70%
201790.95-64.38%
2016255.34-10.50%
2015285.31Infinity%
20140-100.00%

NMI Holdings, Inc. (NMIH) Average Current Ratio

How has NMIH Current Ratio performed in the past?

The current Current Ratio of NMI Holdings, Inc. (NMIH) 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

13.71

5-year avg

24.06

10-year avg

78.31

NMI Holdings, Inc. (NMIH) Current Ratio vs. Peers

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

NMI Holdings, Inc.’s Current Ratio is greater than MGIC Investment Corporation (2.98), greater than Employers Holdings, Inc. (0.42), greater than James River Group Holdings, Ltd. (0.76), greater than ICC Holdings, Inc. (0.65), greater than AMERISAFE, Inc. (0.60), greater than Investors Title Company (3.85), greater than Radian Group Inc. (1.94), less than Essent Group Ltd. (12.05), greater than MBIA Inc. (1.72), less than Assured Guaranty Ltd. (12.09),

Build a custom stock screener for NMI Holdings, Inc. (NMIH) and other stocks

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 NMI Holdings, Inc. 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:

Custom stock screener in Wisesheets

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.

NMI Holdings, Inc. (NMIH) and other stocks custom spreadsheet templates

The easiest way to analyze a company like NMI Holdings, Inc. 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.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is NMI Holdings, Inc.'s Current Ratio?

How is the Current Ratio calculated for NMI Holdings, Inc. (NMIH)?

What is the highest Current Ratio for NMI Holdings, Inc. (NMIH)?

What is the 3-year average Current Ratio for NMI Holdings, Inc. (NMIH)?

What is the 5-year average Current Ratio for NMI Holdings, Inc. (NMIH)?

How does the current Current Ratio for NMI Holdings, Inc. (NMIH) compare to its historical average?