MGIC Total Assets from 2010 to 2024
MTG Stock | USD 26.11 0.22 0.84% |
Total Assets | First Reported 1991-09-30 | Previous Quarter 6.5 B | Current Value 6.7 B | Quarterly Volatility 2.4 B |
Check MGIC Investment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGIC Investment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 42.6 M, Interest Expense of 49.5 M or Selling General Administrative of 0.0, as well as many indicators such as Price To Sales Ratio of 4.07, Dividend Yield of 0.0236 or PTB Ratio of 2.1. MGIC financial statements analysis is a perfect complement when working with MGIC Investment Valuation or Volatility modules.
MGIC | Total Assets |
Latest MGIC Investment's Total Assets Growth Pattern
Below is the plot of the Total Assets of MGIC Investment Corp over the last few years. Total assets refers to the total amount of MGIC Investment assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in MGIC Investment Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. MGIC Investment's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGIC Investment's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 6.54 B | 10 Years Trend |
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Total Assets |
Timeline |
MGIC Total Assets Regression Statistics
Arithmetic Mean | 5,791,651,916 | |
Geometric Mean | 5,371,862,720 | |
Coefficient Of Variation | 26.16 | |
Mean Deviation | 828,731,946 | |
Median | 5,749,247,733 | |
Standard Deviation | 1,515,338,825 | |
Sample Variance | 2296251.8T | |
Range | 6.5B | |
R-Value | 0.49 | |
Mean Square Error | 1868197.2T | |
R-Squared | 0.24 | |
Significance | 0.06 | |
Slope | 167,555,543 | |
Total Sum of Squares | 32147524.6T |
MGIC Total Assets History
Other Fundumenentals of MGIC Investment Corp
MGIC Investment Total Assets component correlations
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About MGIC Investment Financial Statements
MGIC Investment stakeholders use historical fundamental indicators, such as MGIC Investment's Total Assets, to determine how well the company is positioned to perform in the future. Although MGIC Investment investors may analyze each financial statement separately, they are all interrelated. For example, changes in MGIC Investment's assets and liabilities are reflected in the revenues and expenses on MGIC Investment's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MGIC Investment Corp. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Total Assets | 6.5 B | 5.7 B |
Currently Active Assets on Macroaxis
When determining whether MGIC Investment Corp is a strong investment it is important to analyze MGIC Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGIC Investment's future performance. For an informed investment choice regarding MGIC Stock, refer to the following important reports:Check out the analysis of MGIC Investment Correlation against competitors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGIC Investment. If investors know MGIC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGIC Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.201 | Dividend Share 0.475 | Earnings Share 2.83 | Revenue Per Share 4.449 | Quarterly Revenue Growth 0.034 |
The market value of MGIC Investment Corp is measured differently than its book value, which is the value of MGIC that is recorded on the company's balance sheet. Investors also form their own opinion of MGIC Investment's value that differs from its market value or its book value, called intrinsic value, which is MGIC Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGIC Investment's market value can be influenced by many factors that don't directly affect MGIC Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGIC Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGIC Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGIC Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.