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Maiden Holdings (Maiden Holdings) Net Income : $-38.57 Mil (TTM As of Dec. 2023)


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What is Maiden Holdings Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Maiden Holdings's Net Income for the three months ended in Dec. 2023 was $-20.78 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-38.57 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Maiden Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.21.


Maiden Holdings Net Income Historical Data

The historical data trend for Maiden Holdings's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Maiden Holdings Net Income Chart

Maiden Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -131.90 41.76 26.65 -60.04 -38.57

Maiden Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -50.99 -11.33 -2.93 -3.53 -20.78

Maiden Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Maiden Holdings's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-46.219+-0.196+0+7.846
=-38.57

Maiden Holdings's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-21.236+-0.449+0+0.904
=-20.78

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-38.57 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Maiden Holdings  (NAS:MHLD) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Maiden Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Maiden Holdings Net Income Related Terms

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Maiden Holdings (Maiden Holdings) Business Description

Traded in Other Exchanges
N/A
Address
94 Pitts Bay Road, Ideation House, 1st Floor, Pembroke, BMU, HM 08
Maiden Holdings Ltd provides reinsurance products and services to regional and specialty property and casualty insurers. The company operates in two segments: AmTrust Reinsurance and Diversified Reinsurance. The AmTrust Reinsurance segment provides products that cover workers' compensation, commercial package, commercial auto, and extended warranty. The Diversified Reinsurance segment provides small and midsize regional and specialty insurers with reinsurance capital products. The company has underwriting operations in Bermuda and the United States, along with business development teams in the United Kingdom, Germany, and other markets.
Executives
Yehuda Neuberger director 6201 15TH AVENUE, BROOKLYN NY 11219
Keith A Thomas director 605 WEST 137TH STREET, APT. 35, NEW YORK NY 10031
Maiden Reinsurance Ltd 10 percent owner 159 BANK STREET, 4TH FLOOR, BURLINGTON VT 05401
Maiden Holdings North America, Ltd. 10 percent owner 6000 MIDLANTIC DRIVE, SUITE 200S, MOUNT LAUREL NJ 08054
Maiden Holdings, Ltd. 10 percent owner 48 PAR-LA-VILLE ROAD, SUITE 1141, HAMILTON D0 -HM 11
Steven Harold Nigro director 445 FIFTH AVENUE, NEW YORK NY 10016
Simcha G Lyons director 225 WEST 83RD STREET, APT 3Q, NEW YORK NY 10024
Claude Leblanc director ONE BERMUDIANA ROAD, HAMILTON D0 HM 11
Paul S Giordano director C/O XL CAPITAL LTD, XL HOUSE, ONE BERMUDIANA RD, HAMILTON BERMUDA D0 HMII
Denis M Butkovic officer: SVP, General Counsel & Secty 13 ELLIS COURT, MORGANVILLE X1 07751
Raymond Michael Neff director PO BOX 460, SARASOTA FL 34230
Holly Lynn Blanchard director 1952 COUNTY ROAD C, CERESCO NE 68017
William Jarman officer: SVP & Chief Actuary 224 COUNTRY CLUB DRIVE, MOORESTOWN X1 08057
Michael C Haines officer: SVP - Finance 701 ROUTE 301, P.O. BOX 320, COLD SPRING X1 10516
Karen Schmitt officer: PRESIDENT, MAIDEN RE 6000 MIDLANTIC DRIVE, MT LAUREL NJ 08054

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