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NMI Holdings (FRA:6NM) Total Assets : €3,199.2 Mil (As of Dec. 2024)


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What is NMI Holdings Total Assets?

NMI Holdings's Total Assets for the quarter that ended in Dec. 2024 was €3,199.2 Mil.

Warning Sign:

If a company builds assets at 93.2% a year, faster than its revenue growth rate of 8.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, NMI Holdings's average Total Assets Growth Rate was 14.80% per year. During the past 3 years, the average Total Assets Growth Rate was 117.40% per year. During the past 5 years, the average Total Assets Growth Rate was 93.20% per year. During the past 10 years, the average Total Assets Growth Rate was 57.10% per year.

During the past 13 years, NMI Holdings's highest 3-Year average Total Assets Growth Rate was 383.50%. The lowest was -4.10%. And the median was 88.80%.

Total Assets is connected with ROA %. NMI Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was 10.63%. Total Assets is also linked to Revenue through Asset Turnover. NMI Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.05.


NMI Holdings Total Assets Historical Data

The historical data trend for NMI Holdings's Total Assets 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 Total Assets Chart

NMI Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,781.00 2,168.76 2,375.13 2,696.45 3,199.22

NMI Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial 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 2,696.45 2,765.62 2,881.67 2,991.43 3,199.22

NMI Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

NMI Holdings's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=2117.648+1081.577
=3,199.2

NMI Holdings's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=2117.648+1081.577
=3,199.2

* 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  (FRA:6NM) Total Assets Explanation

Total Assets is connected with ROA %.

NMI Holdings's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=329.156/( (2991.433+3199.224)/ 2 )
=329.156/3095.3285
=10.63 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

NMI Holdings's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=159.011/( (2991.433+3199.224)/ 2 )
=159.011/3095.3285
=0.05

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

NMI Holdings Total Assets Related Terms

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NMI Holdings Business Description

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

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