NMI Holdings, Inc. (NMIH)

NMI Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Investments in Debt Securities	2,624	2,347	1,925	2,075	1,850	1,104
Other Investments	84.44	23.81	174.08	11.02	0.37	44.27
Total Investments	2,708	2,371	2,099	2,086	1,851	1,149
Cash & Equivalents	133.23	95.35	42.25	73.48	121.38	38.43
Reinsurance Recoverable	29.21	27.51	21.59	20.32	17.61	4.94
Other Receivables	100.09	96.24	83.82	72.26	59.64	52.92
Deferred Policy Acquisition Cost	63.8	62.91	58.56	59.58	62.23	59.97
Property, Plant & Equipment	27.25	39.35	42.33	34.65	34.27	32.5
Goodwill	-	3.24	3.24	3.24	3.24	3.24
Other Intangible Assets	3.63	0.39	0.39	0.39	0.39	0.39
Restricted Cash	0.09	1.34	2.18	3.17	5.56	2.66
Other Current Assets	235.29	235.29	154.41	89.24	9.48	19
Long-Term Deferred Charges	2.5	0.8	1.2	-	-	-
Other Long-Term Assets	16.74	7.07	6.67	8.32	2.19	2.23
Total Assets	3,320	2,941	2,516	2,451	2,167	1,365
Accounts Payable	101.77	83.69	72.08	69.5	61.72	39.9
Accrued Expenses	9.2	2.5	2.5	2.5	-	-
Unpaid Claims	135.52	123.97	99.84	103.55	90.57	23.75
Unearned Premiums	71.59	92.3	123.04	139.24	118.82	136.64
Reinsurance Payable	-	1.42	2.67	5.6	8.65	14.31
Current Portion of Leases	-	2.08	-	-	-	-
Long-Term Debt	414.69	397.6	396.05	394.62	393.3	145.76
Long-Term Leases	11.29	9.31	12.1	2.9	5.3	7.4
Long-Term Deferred Tax Liabilities	380.88	301.57	193.86	164.18	112.59	56.36
Other Long-Term Liabilities	-	0.07	0.17	2.71	6.14	10.27
Total Liabilities	1,125	1,015	902.3	884.8	797.08	434.4
Common Stock	0.88	0.87	0.87	0.86	0.85	0.68
Additional Paid-In Capital	997.57	990.82	972.72	955.3	937.87	707
Retained Earnings	1,497	1,223	901.04	608.14	377.01	205.45
Treasury Stock	-218.36	-148.92	-56.58	-	-	-
Comprehensive Income & Other	-81.99	-139.92	-204.32	1.49	53.86	17.29
Shareholders' Equity	2,195	1,926	1,614	1,566	1,370	930.42
Total Liabilities & Equity	3,320	2,941	2,516	2,451	2,167	1,365
Filing Date Shares Outstanding	79.13	80.88	83.66	85.84	85.3	68.44
Total Common Shares Outstanding	79.32	80.88	83.55	85.79	85.16	68.36
Total Debt	425.98	408.98	408.15	397.52	398.6	153.16
Net Cash (Debt)	-292.75	-313.63	-365.9	-324.04	-277.22	-114.74
Net Cash Per Share	-3.58	-3.74	-4.25	-3.73	-3.50	-1.65
Book Value Per Share	27.67	23.81	19.31	18.25	16.08	13.61
Tangible Book Value	2,192	1,922	1,610	1,562	1,366	926.79
Tangible Book Value Per Share	27.63	23.77	19.27	18.21	16.04	13.56
Machinery	-	11.41	10.73	9.65	9.12	8.99
Leasehold Improvements	-	2.51	2.51	3.4	3.4	3.44

Source: S&P Capital IQ. Insurance template. Financial Sources.