NMIH (NMI Holdings) Debt-to-Equity : 0.18 (As of Mar. 2025)

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What is NMI Holdings Debt-to-Equity?

NMI Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.0 Mil. NMI Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $415.6 Mil. NMI Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2025 was $2,321.6 Mil. NMI Holdings's debt to equity for the quarter that ended in Mar. 2025 was 0.18.

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: 0.25 Max: 0.36
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of NMI Holdings was 0.36. The lowest was 0.15. And the median was 0.25.

NMIH's Debt-to-Equity is ranked better than
53.87% of 401 companies
in the Insurance industry
Industry Median: 0.2 vs NMIH: 0.18

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.

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NMI Holdings Debt-to-Equity Chart

NMI Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.29

0.25

0.21

0.19

NMI Holdings Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															0.20	0.20	0.19	0.19	0.18

Competitive Comparison of NMI Holdings's Debt-to-Equity

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's Debt-to-Equity Distribution in the Insurance Industry

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.

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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. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	415.146)	/	2217.432
	=	0.19

NMI Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	415.606)	/	2321.571
	=	0.18

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » NMI Holdings Inc (NAS:NMIH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2100 Powell Street, Emeryville, CA, USA, 94608

Website

https://www.nationalmi.com

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. It protects lenders and investors from default-related losses on a portion of the unpaid principal balance of a covered mortgage.

Executives

Michael Curry Montgomery	director	C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
William J Leatherberry	officer: EVP, General Counsel	2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Adam Pollitzer	officer: EVP, Chief Financial Officer	2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Robert Owen Smith	officer: EVP, Chief Risk Officer	2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Nicholas Daniel Realmuto	officer: VP, Controller	2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Mohammad Nawaz Yousaf	officer: EVP, Operations & Info. Tech.	2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Norman Peter Fitzgerald	officer: EVP, Chief Sales Officer	2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Michael J Embler	director	C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608
James G Jones	director	C/O NMI HOLDINGS, INC., 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Bradley M Shuster	director, officer: President and CEO	2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
John C Erickson	director	1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
Patrick L Mathis	officer: EVP, Chief Risk Officer	C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Ravi Mallela	officer: Chief Financial Officer	C/O NMI HOLDINGS, INC. (NATIONAL MI), 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Julie Norberg	officer: Vice President, Controller	2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Claudia J Merkle	officer: EVP, Chief Insurance Officer	C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608