GURUFOCUS.COM » STOCK LIST » USA » NAS » NMI Holdings Inc (NAS:NMIH) » Definitions » Debt-to-Equity
Switch to:

NMI Holdings Debt-to-Equity

: 0.26 (As of Jun. 2022)
View and export this data going back to 2013. Start your Free Trial

NMI Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.0 Mil. NMI Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $395.3 Mil. NMI Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $1,525.1 Mil. NMI Holdings's debt to equity for the quarter that ended in Jun. 2022 was 0.26.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for NMI Holdings's Debt-to-Equity or its related term are showing as below:

NMIH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.27   Max: 0.36
Current: 0.26

During the past 11 years, the highest Debt-to-Equity Ratio of NMI Holdings was 0.36. The lowest was 0.15. And the median was 0.27.

NMIH's Debt-to-Equity is ranked worse than
51.85% of 378 companies
in the Insurance industry
Industry Median: 0.24 vs NMIH: 0.26

NMI Holdings Debt-to-Equity Historical Data

The historical data trend for NMI Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NMI Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 0.21 0.16 0.29 0.25

NMI Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.26 0.25 0.26 0.26

Competitive Comparison

For the Insurance - Specialty subindustry, NMI Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

NMI Holdings Debt-to-Equity Distribution

For the Insurance industry and Financial Services sector, NMI Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NMI Holdings's Debt-to-Equity falls into.



NMI Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NMI Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 is calculated as

NMI Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NMI Holdings  (NAS:NMIH) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


NMI Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of NMI Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


NMI Holdings Business Description

NMI Holdings logo
Traded in Other Exchanges
Address
2100 Powell Street, Emeryville, CA, USA, 94608
NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The company offers mortgage insurance, reinsurance on loans 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.
Executives
Fitzgerald Norman Peter officer: EVP, Chief Sales Officer 2100 POWELL ST. 12TH FLOOR EMERYVILLE CA 94608
Mallela Ravi officer: Chief Financial Officer C/O NMI HOLDINGS, INC. (NATIONAL MI) 2100 POWELL ST., 12TH FLOOR EMERYVILLE CA 94608
Yousaf Mohammad Nawaz officer: EVP, Operations & Info. Tech. 2100 POWELL ST. 12TH FLOOR EMERYVILLE CA 94608
Huskins Priya Cherian director 600 LA TERRAZA BOULEVARD ESCONDIDO CA 92025
Mccreary Lynn S. director NMI HOLDINGS, INC. (NATIONAL MI) 2100 POWELL STREET, 12TH FLOOR EMERYVILLE CA 94608
Smith Robert Owen officer: EVP, Chief Risk Officer 2100 POWELL STREET 12TH FLOOR EMERYVILLE CA 94608
Norberg Julie officer: Vice President, Controller 2100 POWELL STREET, 12TH FLOOR EMERYVILLE CA 94608
Pollitzer Adam officer: EVP, Chief Financial Officer 2100 POWELL STREET 12TH FLOOR EMERYVILLE CA 94608
Muehlhauser Regina director 2100 POWELL STREET 12TH FLOOR EMERYVILLE CA 94608
Farrell Glenn Michael officer: Chief Financial Officer C/O NMI HOLDINGS, INC. 2100 POWELL STREET, 12TH FLOOR EMERYVILLE CA 94608
Leatherberry William J officer: EVP, General Counsel 2100 POWELL STREET 12TH FLOOR EMERYVILLE CA 94608
Fore Robert Hamilton Iii officer: Vice President, Controller C/O NMI HOLDINGS, INC. 2100 POWELL STREET, 12TH FLOOR EMERYVILLE CA 94608
Pachura Stan officer: EVP, Chief Information Officer C/O NMI HOLDINGS, INC. 2100 POWELL ST., 12TH FLOOR EMERYVILLE CA 94608
Merkle Claudia J officer: EVP, Chief Insurance Officer C/O NMI HOLDINGS, INC. 2100 POWELL ST., 12TH FLOOR EMERYVILLE CA 94608
Francesconi Joseph officer: Vice President, Controller C/O NMI HOLDINGS, INC. 2100 POWELL ST., 12TH FLOOR EMERYVILLE CA 94608

NMI Holdings Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)