NMI Holdings, Inc. (NMIH)

NMI Holdings Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	2,641	2,347	1,925	2,075	1,850
Other Investments	82.62	23.81	174.08	11.02	0.37
Total Investments	2,724	2,371	2,099	2,086	1,851
Cash & Equivalents	54.22	95.35	42.25	73.48	121.38
Reinsurance Recoverable	32.26	27.51	21.59	20.32	17.61
Other Receivables	105.19	96.24	83.82	72.26	59.64
Deferred Policy Acquisition Cost	64.33	62.91	58.56	59.58	62.23
Property, Plant & Equipment	33.88	39.35	42.33	34.65	34.27
Goodwill	3.24	3.24	3.24	3.24	3.24
Other Intangible Assets	0.39	0.39	0.39	0.39	0.39
Restricted Cash	0.09	1.34	2.18	3.17	5.56
Other Current Assets	322.18	235.29	154.41	89.24	9.48
Long-Term Deferred Charges	2.3	0.8	1.2	-	-
Other Long-Term Assets	8.36	7.07	6.67	8.32	2.19
Total Assets	3,350	2,941	2,516	2,451	2,167
Accounts Payable	87.56	83.69	72.08	69.5	61.72
Accrued Expenses	15.6	2.5	2.5	2.5	-
Unpaid Claims	152.07	123.97	99.84	103.55	90.57
Unearned Premiums	65.22	92.3	123.04	139.24	118.82
Reinsurance Payable	-	-	2.67	5.6	8.65
Current Portion of Leases	2.37	-	-	-	-
Long-Term Debt	415.15	397.6	396.05	394.62	393.3
Long-Term Leases	7.89	11.4	12.1	2.9	5.3
Long-Term Deferred Tax Liabilities	386.19	301.57	193.86	164.18	112.59
Other Long-Term Liabilities	0.49	1.48	0.17	2.71	6.14
Total Liabilities	1,133	1,015	902.3	884.8	797.08
Common Stock	0.88	0.87	0.87	0.86	0.85
Additional Paid-In Capital	1,005	990.82	972.72	955.3	937.87
Retained Earnings	1,583	1,223	901.04	608.14	377.01
Treasury Stock	-246.59	-148.92	-56.58	-	-
Comprehensive Income & Other	-124.8	-139.92	-204.32	1.49	53.86
Shareholders' Equity	2,217	1,926	1,614	1,566	1,370
Total Liabilities & Equity	3,350	2,941	2,516	2,451	2,167
Filing Date Shares Outstanding	78.45	80.88	83.66	85.84	85.3
Total Common Shares Outstanding	78.6	80.88	83.55	85.79	85.16
Total Debt	425.41	409	408.15	397.52	398.6
Net Cash (Debt)	-371.19	-313.64	-365.9	-324.04	-277.22
Net Cash Per Share	-4.57	-3.74	-4.25	-3.73	-3.50
Book Value Per Share	28.21	23.81	19.31	18.25	16.08
Tangible Book Value	2,214	1,922	1,610	1,562	1,366
Tangible Book Value Per Share	28.17	23.77	19.27	18.21	16.04
Machinery	10.49	11.41	10.73	9.65	9.12
Leasehold Improvements	2.51	2.51	2.51	3.4	3.4

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