Market Cap : 1.89 B | Enterprise Value : 2.22 B | PE Ratio : 7.42 | PB Ratio : 1.24 |
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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:
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 thanThe 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.
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.
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.
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
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (0 | + | 394.623) | / | 1565.786 | |
= | 0.25 |
NMI Holdings's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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 | + | 395.323) | / | 1525.092 | |
= | 0.26 |
* 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.
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.
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.
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.
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 |
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