MGIC Investment Net Long-Term Debt 2010-2025 | MTG
MGIC Investment annual/quarterly net long-term debt history and growth rate from 2010 to 2025. Net long-term debt can be defined as the net amount of long term debt issued and repaid. This field is either calculated as the sum of the long term debt fields or used if a company does not report debt issued and repaid separately
- MGIC Investment net long-term debt for the quarter ending March 31, 2025 was $0M, a 0% increase year-over-year.
- MGIC Investment net long-term debt for the twelve months ending March 31, 2025 was $0M, a 100% decline year-over-year.
- MGIC Investment annual net long-term debt for 2024 was $0B, a 100% decline from 2023.
- MGIC Investment annual net long-term debt for 2023 was $-0.029B, a 94.11% decline from 2022.
- MGIC Investment annual net long-term debt for 2022 was $-0.486B, a 393.27% increase from 2021.
MGIC Investment Annual Net Long-Term Debt (Millions of US $) |
2024 |
$N/A |
2023 |
$-29 |
2022 |
$-486 |
2021 |
$-99 |
2020 |
$406 |
2019 |
$N/A |
2018 |
$N/A |
2017 |
$-150 |
2016 |
$56 |
2015 |
$-73 |
2014 |
$-21 |
2013 |
$467 |
2012 |
$-53 |
2011 |
$-179 |
2010 |
$333 |
2009 |
$-94 |
Sector |
Industry |
Market Cap |
Revenue |
Finance |
Multi-Line Insurance Providers |
$6.387B |
$1.208B |
MGIC Investment Corp. is the parent company of Mortgage Guaranty Insurance Corporation, a private mortgage insurer. It established the private mortgage insurance industry to provide a private market alternative to federal government insurance programs for families wanting to buy a home. With a focus on sustainable home ownership, MGIC Investment provides a critical component of the country's residential mortgage finance system by protecting mortgage investors from credit losses. MGIC Investment Corporation primarily covers single-family, first-time mortgage loans by providing primary insurance to cushion lenders against non-payment of individual loans and expands home ownership opportunities by enabling people to purchase homes with smaller down payments. Through its wholly-owned subsidiaries, the company provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The company offers mortgage insurance via Primary Insurance and Other Insurance.
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