NMI Holdings, Inc. (NMIH)

NMI Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	2,781	2,641	2,347	1,925	2,075	1,850
Other Investments	28.02	82.62	23.81	174.08	11.02	0.37
Total Investments	2,809	2,724	2,371	2,099	2,086	1,851
Cash & Equivalents	74.21	54.22	95.35	42.25	73.48	121.38
Reinsurance Recoverable	31.38	32.26	27.51	21.59	20.32	17.61
Other Receivables	107.79	105.19	96.24	83.82	72.26	59.64
Deferred Policy Acquisition Cost	64.01	64.33	62.91	58.56	59.58	62.23
Property, Plant & Equipment	24.96	33.88	39.35	42.33	34.65	34.27
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
Other Current Assets	322.18	322.18	235.29	154.41	89.24	9.48
Long-Term Deferred Charges	2.2	2.3	0.8	1.2	-	-
Other Long-Term Assets	16.59	8.36	7.07	6.67	8.32	2.19
Total Assets	3,456	3,350	2,941	2,516	2,451	2,167
Accounts Payable	75.64	87.56	83.69	72.08	69.5	61.72
Accrued Expenses	3.3	15.6	2.5	2.5	2.5	-
Unpaid Claims	151.85	152.07	123.97	99.84	103.55	90.57
Unearned Premiums	59.18	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	415.61	415.15	397.6	396.05	394.62	393.3
Long-Term Leases	10.14	7.89	11.4	12.1	2.9	5.3
Long-Term Deferred Tax Liabilities	418.92	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	1,135	1,133	1,015	902.3	884.8	797.08
Common Stock	0.88	0.88	0.87	0.87	0.86	0.85
Additional Paid-In Capital	1,002	1,005	990.82	972.72	955.3	937.87
Retained Earnings	1,686	1,583	1,223	901.04	608.14	377.01
Treasury Stock	-272.65	-246.59	-148.92	-56.58	-	-
Comprehensive Income & Other	-94.03	-124.8	-139.92	-204.32	1.49	53.86
Shareholders' Equity	2,322	2,217	1,926	1,614	1,566	1,370
Total Liabilities & Equity	3,456	3,350	2,941	2,516	2,451	2,167
Filing Date Shares Outstanding	78.12	78.45	80.88	83.66	85.84	85.3
Total Common Shares Outstanding	78.3	78.6	80.88	83.55	85.79	85.16
Total Debt	425.75	425.41	409	408.15	397.52	398.6
Net Cash (Debt)	-351.54	-371.19	-313.64	-365.9	-324.04	-277.22
Net Cash Per Share	-4.36	-4.57	-3.74	-4.25	-3.73	-3.50
Book Value Per Share	29.65	28.21	23.81	19.31	18.25	16.08
Tangible Book Value	2,318	2,214	1,922	1,610	1,562	1,366
Tangible Book Value Per Share	29.60	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

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q