Annual Interest Coverage Ratio
28.212.76+10.84%
Summary
- Current Value
- As of today, MTG annual interest coverage ratio is 28.21, up +10.84% on
- Historical Performance
- MTG annual interest coverage ratio is up +130.47% over the past 3 years, and up +64.97% over the past 5 years
- All-Time High Comparison
- MTG annual interest coverage ratio is currently -17.95% below its historical high of 34.38 set on
- 3-Year Low Comparison
- MTG annual interest coverage ratio is +19.13% above its 3-year low of 23.68 reached on an earlier date
- Sector Comparison
- MTG annual interest coverage ratio is higher than 94.91% of companies in Financial Services sector
Interest Coverage Ratio Chart
Add series to chart1/6
Series
SUGGESTED SERIES
Performance
| Metric | Date | Value | 1Y | 3Y | 5Y | 15Y |
|---|---|---|---|---|---|---|
| Annual Interest Coverage Ratio | 28.21 | +10.8% | +130.5% | +65.0% | +250.3% | |
| Quarterly Interest Coverage Ratio | - | – | – | – | – | |
| Price | $28.74 | +22.6% | +125.8% | +116.3% | +149.7% | |
| Annual EBIT | $1.00B | +6.9% | +15.0% | +11.5% | +159.9% | |
| Annual Interest Expense | $35.60M | -3.5% | -50.1% | -32.4% | -60.1% | |
| Annual Debt To Equity | 0.12 | -7.7% | -50.0% | -36.8% | -76.5% | |
| Annual Current Ratio | 3.36 | +30.2% | +265.2% | – | +1058.6% | |
| - | – | – | – | – | ||
| Piotroski F-Score | 7 | +40.0% | 0.0% | +16.7% | +600.0% | |
| Altman Z-Score | 4.44 | +6.2% | +35.8% | +120.9% | +10000.0% |
Interest Coverage Ratio Highs
| Period | High | Date | Current |
|---|---|---|---|
| 3Y | 28.21 | at high | |
| 5Y | 28.21 | at high | |
| All | 34.38 | -17.9% |
Interest Coverage Ratio Lows
| Period | Low | Date | Current |
|---|---|---|---|
| 3Y | 23.68 | N/A | +19.1% |
| 5Y | 10.38 | N/A | +171.8% |
| All | -52.22 | +154.0% |
Interest Coverage Ratio History
FAQ
What is the current annual interest coverage ratio of MTG?
As of today, MTG annual interest coverage ratio is 28.21
What is 1-year change in MTG annual interest coverage ratio?
MTG annual interest coverage ratio is up +10.84% year-over-year
What is 3-year change in MTG annual interest coverage ratio?
MTG annual interest coverage ratio is up +130.47% over the past 3 years
How far is MTG annual interest coverage ratio from its all-time high?
MTG annual interest coverage ratio is currently -17.95% below its historical high of 34.38 set on December 31, 1999
How does MTG annual interest coverage ratio rank versus sector peers?
MTG annual interest coverage ratio is higher than 94.91% of companies in Financial Services sector
When is MTG next annual earnings release?
The next annual earnings release for MTG is on
Interest Coverage Ratio Formula
Interest Coverage Ratio =
Data Sources & References
- MTG Official Website www.mgic.com/
- Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/876437/000087643725000127/0000876437-25-000127-index.htm
- Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/876437/000087643725000036/0000876437-25-000036-index.htm
- MTG Profile on Yahoo Finance finance.yahoo.com/quote/MTG
- MTG Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mtg