Maiden Holdings, Ltd. (MHLD) financial statements (2021 and earlier)

Company profile

Business Address SCHRODERS HOUSE
HAMILTON, HM 12
State of Incorp.
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments48201684690108140
Cash and cash equivalents48201684690108140
Total current assets:48201684690108140
Noncurrent Assets
Intangible assets, net (including goodwill)  7678828791
Goodwill  5757595858
Intangible assets, net (excluding goodwill)  1821232932
Total noncurrent assets:  7678828791
Other undisclosed assets3,5205,0876,5016,1295,5424,9694,483
TOTAL ASSETS:3,5685,2876,6446,2525,7145,1644,713
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities3,0604,7335,4124,8914,3653,9233,589
Total liabilities:3,0604,7335,4124,8914,3653,9233,589
Stockholders' equity
Stockholders' equity attributable to parent5085541,2321,3611,3481,2411,124
Preferred stock465465465315480315315
Common stock1111111
Treasury stock, value(32)(32)(31)(5)(5)(4)(4)
Additional paid in capital751749748749579578575
Accumulated other comprehensive income (loss)18(66)1315(24)9526
Retained earnings (accumulated deficit)(696)(564)35286316255212
Stockholders' equity attributable to noncontrolling interest 100100
Total stockholders' equity:5085551,2331,3611,3491,2411,124
TOTAL LIABILITIES AND EQUITY:3,5685,2876,6446,2525,7145,1644,713

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues5762,1652,9212,7322,5732,3812,110
Premiums earned, net4482,026
Financial services revenue2,7332,5682,4292,2522,001
Cost of revenue(623)(2,535)(2,981)(2,594)(2,358)(2,158)(1,350)
Policyholder benefits and claims incurred, net(453)(1,880)
Deferred policy acquisition costs, amortization expense(170)(655)(821)(774)(724)(659)557
Financial services costs(2,160)(1,820)(1,634)(1,498)(1,350)
Gross profit:(46)(370)(60)138215224760
Operating expenses(12)(21)(39)(39)(40)(66)(62)
Operating income (loss):(58)(391)(98)99175157698
Nonoperating income (expense)34(15)12811891
Investment income, nonoperating     11891
Foreign currency transaction gain (loss), before tax34(15)128  
Interest and debt expense(19)(19)(23)(28)(29)(30)(39)
Other undisclosed loss from continuing operations before equity method investments, income taxes(35)(44)(37)(33)(27)(142)(645)
Income (loss) from continuing operations before income taxes:(110)(450)(173)50126104105
Income tax expense (benefit)1(0)4(2)(2)(2)(2)
Income (loss) from continuing operations:(109)(450)(170)48124102103
Loss from discontinued operations(23)(94)     
Net income (loss):(132)(544)(170)48124102103
Net income (loss) attributable to noncontrolling interest (0)(0)10(0)(0)
Net income (loss) attributable to parent:(132)(545)(170)49124101103
Preferred stock dividends and other adjustments (26)(29)(34)(24)(24)(15)
Net income (loss) available to common stockholders, basic:(132)(570)(199)151007788
Convertible preferred dividends    12 2
Other undisclosed net loss available to common stockholders, diluted  (0)(0)(0)(0)(0)
Net income (loss) available to common stockholders, diluted:(132)(570)(199)151127790

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(132)(544)(170)48124102103
Other comprehensive income (loss)84(79)(2)39(119)69(115)
Comprehensive income (loss):(48)(623)(171)875171(12)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(0)(0)10(0)0
Other undisclosed comprehensive loss, net of tax, attributable to parent      (0)
Comprehensive income (loss), net of tax, attributable to parent:(48)(624)(172)885171(13)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: