NMI Holdings Balance Sheet Health
Financial Health criteria checks 4/6
NMI Holdings has a total shareholder equity of $2.0B and total debt of $398.0M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are $3.0B and $1.0B respectively. NMI Holdings's EBIT is $463.3M making its interest coverage ratio 14.4. It has cash and short-term investments of $162.2M.
Key information
20.1%
Debt to equity ratio
US$398.00m
Debt
| Interest coverage ratio | 14.4x |
| Cash | US$162.24m |
| Equity | US$1.98b |
| Total liabilities | US$1.03b |
| Total assets | US$3.01b |
Recent financial health updates
No updates
Recent updates
Here's Why NMI Holdings (NASDAQ:NMIH) Has Caught The Eye Of Investors
May 28
NMI Holdings: Contrary To Its Name, This Is Not Your Enemy
May 10Not Many Are Piling Into NMI Holdings, Inc. (NASDAQ:NMIH) Just Yet
Apr 01Buy NMI Holdings: Home Mortgage Credit Managers Are Getting Cheap
Feb 18NMI Holdings, Inc. (NASDAQ:NMIH) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Feb 17Do NMI Holdings' (NASDAQ:NMIH) Earnings Warrant Your Attention?
Jan 23Insufficient Growth At NMI Holdings, Inc. (NASDAQ:NMIH) Hampers Share Price
Dec 23Here's Why We Think NMI Holdings (NASDAQ:NMIH) Might Deserve Your Attention Today
Oct 11We Ran A Stock Scan For Earnings Growth And NMI Holdings (NASDAQ:NMIH) Passed With Ease
Jun 30Should You Be Adding NMI Holdings (NASDAQ:NMIH) To Your Watchlist Today?
Mar 23NMI Holdings insurance unit inks $154M excess-of-loss reinsurance deal
Aug 30NMI Holdings Is A Cheap Bet Against A Housing Cataclysm
Aug 03NMI Holdings Inc. Offers Strong Growth At A Reasonable Price
Dec 08Here's Why I Think NMI Holdings (NASDAQ:NMIH) Is An Interesting Stock
Nov 08NMI Holdings: This Compounder Still Remains Unnoticed And Provides Significant Upside Potential
Sep 06NMI Holdings: Don't Miss This Unique Attractive Entry Point
Jul 12Don't Ignore The Fact That This Insider Just Sold Some Shares In NMI Holdings, Inc. (NASDAQ:NMIH)
Mar 16NMI Holdings, Inc. (NASDAQ:NMIH) Insiders Have Been Selling
Mar 01Introducing NMI Holdings (NASDAQ:NMIH), The Stock That Soared 321% In The Last Five Years
Jan 07
NMI Holdings unit enters new quota share reinsurance pact
Jan 04NMI Holdings November loan default rate fall from October, September levels
Dec 04NMI Holdings: An ROE Star In The Attractively Priced Mortgage Insurance Industry
Nov 24Financial Position Analysis
Short Term Liabilities: NMIH's short term assets ($521.8M) exceed its short term liabilities ($294.8M).
Long Term Liabilities: NMIH's short term assets ($521.8M) do not cover its long term liabilities ($732.9M).
Debt to Equity History and Analysis
Debt Level: NMIH's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: NMIH's debt to equity ratio has increased from 19.5% to 20.1% over the past 5 years.
Debt Coverage: NMIH's debt is well covered by operating cash flow (91.6%).
Interest Coverage: NMIH's interest payments on its debt are well covered by EBIT (14.4x coverage).