MGIC Investment (FRA:MGC) Ending Cash Position : €404 Mil (As of Mar. 2024)

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What is MGIC Investment Ending Cash Position?

MGIC Investment's Ending Cash Position for the quarter that ended in Mar. 2024 was €404 Mil.

MGIC Investment's quarterly Ending Cash Position increased from Sep. 2023 (€258 Mil) to Dec. 2023 (€340 Mil) and increased from Dec. 2023 (€340 Mil) to Mar. 2024 (€404 Mil).

MGIC Investment's annual Ending Cash Position increased from Dec. 2021 (€270 Mil) to Dec. 2022 (€314 Mil) and increased from Dec. 2022 (€314 Mil) to Dec. 2023 (€340 Mil).

MGIC Investment Ending Cash Position Historical Data

The historical data trend for MGIC Investment's Ending Cash Position 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.

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MGIC Investment Ending Cash Position Chart

MGIC Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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152.15

243.87

269.89

314.27

339.88

MGIC Investment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															342.38	292.34	257.79	339.88	404.40

MGIC Investment Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

MGIC Investment's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	305.282	+	34.599
	=	340

MGIC Investment's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	340.993	+	63.41
	=	404

MGIC Investment Ending Cash Position Related Terms

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MGIC Investment (FRA:MGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MGIC Investment Corp (FRA:MGC) » Definitions » Ending Cash Position

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MTG:USA

Address

250 E. Kilbourn Avenue, MGIC Plaza, Milwaukee, WI, USA, 53202

Website

https://www.mgic.com

MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.