MTG logo

MGIC Investment Corporation (MTG) Interest coverage ratio

Annual interest coverage ratio:

28.21+2.76(+10.84%)
December 31, 2024

Summary

  • As of today (September 14, 2025), MTG annual interest coverage ratio is 28.21, with the most recent change of +2.76 (+10.84%) on December 31, 2024.
  • During the last 3 years, MTG annual interest coverage ratio has risen by +15.97 (+130.47%).
  • MTG annual interest coverage ratio is now -17.95% below its all-time high of 34.38, reached on December 31, 1999.

Performance

1-year change

+10.84%

3-year change

+130.47%

5-year change

+64.97%

15-year change

+91.25%

MTG Interest coverage ratio Chart

Add series to chart
Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Highlights

Sector rank

94.88%
MTG annual interest coverage ratio is higher than 94.88% of companies in Financial Services sector

Range

All-time high

34.38
MTG annual interest coverage ratio is currently -17.95% below its historical high of 34.38

3-year low

12.24
MTG annual interest coverage ratio is currently +130.47% above its 3-year low

Earnings dates

Last annual earnings report date

Dec 31, 2024
MTG previous annual earnings announcement was published on Dec 31, 2024

Next annual earnings report date

N/A
MTG next annual earnings announcement has not yet been scheduled

OtherMTGfinancial health metrics

annual debt to equity

0.12
MTG annual debt to equity ratio is 0.12

annual current ratio

3.36
MTG annual current ratio is 3.36

annual quick ratio

-
MTG annual quick ratio value is unknown

Altman Z-Score

4.50
MTG altman z-score is 4.50

quarterly interest coverage ratio:

N/A
June 30, 2025

Summary

  • MTG quarterly interest coverage ratio is not available.

Performance

3-month change

-

1-year change

-

3-year change

-

5-year change

-

MTG quarterly interest coverage ratio Chart

Add series to chart
Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Range

All-time high

1.00
MTG quarterly interest coverage ratio is currently at an all-time high

3-year low

-
MTG quarterly interest coverage ratio 3-year low is unknown

Earnings dates

Last quarterly earnings report date

Jun 30, 2025
MTG previous earnings announcement was published on Jun 30, 2025

Next quarterly earnings report date

Nov 3, 2025
MTG next earnings announcement is scheduled for Nov 3, 2025

OtherMTGfinancial health metrics

quarterly debt to equity

0.13
MTG quarterly debt to equity ratio is 0.13

quarterly current ratio

3.69
MTG quarterly current ratio is 3.69

quarterly quick ratio

-
MTG quarterly quick ratio value is unknown

Altman Z-Score

4.50
MTG altman z-score is 4.50

Interest coverage ratio Formula

Interest Coverage Ratio =  
EBIT
Interest Expense

Annual interest coverage ratio

28.21
MTG annual interest coverage ratio is 28.21

annual EBIT

$1.00B
MTG annual earnings before interest & taxes is $1.00 billion

annual interest expense

$35.60M
MTG annual interest expense is $35.60 million

MTG Interest coverage ratio Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+10.8%-
3 y3 years+130.5%-
5 y5 years+65.0%-

MTG Interest coverage ratio Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+130.5%
5 y5-yearat high+171.8%
alltimeall time-17.9%+154.0%

MTG Interest coverage ratio History

DateAnnualQuarterly
Dec 2024
28.21(+10.8%)
-
Dec 2023
25.45(+7.5%)
-
Dec 2022
23.68(+93.5%)
-
Dec 2021
12.24(+17.9%)
-
Dec 2020
10.38(-39.3%)
-
Dec 2019
17.10(+1.0%)
-
Dec 2018
16.93(+14.8%)
-
Dec 2017
14.75(+46.3%)
-
Dec 2016
10.08(+24.9%)
-
Dec 2015
8.07(+73.2%)
-
Dec 2014
4.66(+1009.5%)
-
Dec 2013
0.42(-105.0%)
-
Dec 2012
-8.35(+126.3%)
-
Dec 2011
-3.69(+39.2%)
-
Dec 2010
-2.65(-85.9%)
-
Dec 2009
-18.77(+75.6%)
-
Dec 2008
-10.69(-79.5%)
-
Dec 2007
-52.22(-463.9%)
-
Dec 2006
14.35(-15.5%)
-
Dec 2005
16.98(+10.3%)
-
Dec 2004
15.39(+2.5%)
-
Dec 2003
15.01(-35.3%)
-
Dec 2002
23.20(-22.7%)
-
Dec 2001
30.02(+8.5%)
-
Dec 2000
27.67(-19.5%)
-
DateAnnualQuarterly
Dec 1999
34.38(+11.7%)
-
Dec 1998
30.78(+2978.0%)
-
Dec 1997
1.00(0.0%)
1.00(0.0%)
Sep 1997
-
1.00(0.0%)
Mar 1997
-
1.00(0.0%)
Dec 1996
1.00(0.0%)
1.00(0.0%)
Sep 1996
-
1.00(0.0%)
Jun 1996
-
1.00(0.0%)
Mar 1996
-
1.00(0.0%)
Dec 1995
1.00(0.0%)
1.00(0.0%)
Sep 1995
-
1.00(0.0%)
Jun 1995
-
1.00(0.0%)
Mar 1995
-
1.00(0.0%)
Dec 1994
1.00(0.0%)
1.00(0.0%)
Sep 1994
-
1.00(0.0%)
Jun 1994
-
1.00(0.0%)
Mar 1994
-
1.00(0.0%)
Dec 1993
1.00(0.0%)
1.00(0.0%)
Sep 1993
-
1.00(0.0%)
Jun 1993
-
1.00(0.0%)
Dec 1992
1.00(0.0%)
1.00(0.0%)
Sep 1992
-
1.00(0.0%)
Jun 1992
-
1.00(0.0%)
Mar 1992
-
1.00(0.0%)
Dec 1991
1.00
1.00(0.0%)
Sep 1991
-
1.00

FAQ

  • What is MGIC Investment Corporation annual interest coverage ratio?
  • What is the all time high annual interest coverage ratio for MGIC Investment Corporation?
  • What is MGIC Investment Corporation annual interest coverage ratio year-on-year change?
  • What is the all time high quarterly interest coverage ratio for MGIC Investment Corporation?

What is MGIC Investment Corporation annual interest coverage ratio?

The current annual interest coverage ratio of MTG is 28.21

What is the all time high annual interest coverage ratio for MGIC Investment Corporation?

MGIC Investment Corporation all-time high annual interest coverage ratio is 34.38

What is MGIC Investment Corporation annual interest coverage ratio year-on-year change?

Over the past year, MTG annual interest coverage ratio has changed by +2.76 (+10.84%)

What is the all time high quarterly interest coverage ratio for MGIC Investment Corporation?

MGIC Investment Corporation all-time high quarterly interest coverage ratio is 1.00
On this page