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Mgic Investment Corp  (MTG)
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Mgic Investment's Debt Coverage ratios

MTG's Debt and Ebitda growth


MTG Debt Coverage (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Debt Change -2.96 % -2.99 % -27.71 % -29.09 % -33.17 %
Y / Y Ebitda Change -6.23 % -25.04 % -24.03 % -13.84 % -14.95 %
Debt Coverage (TTM) 1.49 1.51 1.62 1.59 1.5
Total Ranking # 118 # 206 # 115 # 290 # 532
Seq. Total Debt Change 0.06 % -3.12 % 0.06 % 0.06 % 0.02 %
Seq. Ebitda Change -3.28 % -2.93 % 21.27 % -17.64 % -22.68 %





Debt Coverage Ratio fourth quarter of 2023 Comment
Company's debt coverage ratio sequentially decreased in the fourth quarter of 2023 to 1.49 but remained above company average in the fourth quarter of 2023. Despite company's repayements of debt in the fourth quarter of 2023.

Within Financial sector 150 other companies have achieved higher debt coverage ratio during the fourth quarter of 2023. While Debt coverage ratio total ranking has improved so far in the fourth quarter of 2023 to 118, from total ranking in the Q4 2023 at 206.
Debt Coverage Company Ranking
Within: No.
Industry # 11
Sector # 151
S&P 500 # 118


Debt Coverage Ratio Statistics
High Average Low
1.62 0.21 -2.81
(Jun 30 2023)   (Dec. 30, 2007)



Financial Statements
Mgic Investment's Total Debt $ 643 Millions Visit MTG's Balance sheet
Mgic Investment's Ebitda $ 245 Millions Visit MTG's Income Statement
Where are MTG's Sales coming from? Visit MTG's Sales by Geography




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Pathward Financial Inc   2.48 
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Date modified: 2024-02-22T09:59:59+00:00



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