NMI Holdings Inc (NMIH) financial statements (2022 and earlier)

Company profile

Business Address 2100 POWELL STREET, 12TH FLOOR
EMERYVILLE, CA 94608
State of Incorp. CA
Fiscal Year End December 31
SIC 6351 - Surety Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments    194857
Cash and cash equivalents    194857
Total current assets:    194857
Noncurrent Assets
Operating lease, right-of-use asset356
Property, plant and equipment32302625232015
Long-term investments and receivables    84135117
Long-term investments    84135117
Intangible assets, net (including goodwill), including:4444444
Goodwill3333333
Other undisclosed intangible assets, net (including goodwill)0000000
Total noncurrent assets:38383628110159136
Other undisclosed assets2,4122,1291,3291,064765635469
TOTAL ASSETS:2,4512,1671,3651,092895842662
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt16411356    
Deferred income tax liabilities16411356
Total noncurrent liabilities:16411356    
Other undisclosed liabilities721684378391386364260
Total liabilities:885797434391386364260
Stockholders' equity
Stockholders' equity attributable to parent, including:1,5661,370930702509477403
Additional paid in capital955938707682585577570
Accumulated other comprehensive income (loss)15417(15)(3)(5)(7)
Retained earnings (accumulated deficit)60837720533(74)(95)(161)
Other undisclosed stockholders' equity attributable to parent1111111
Total stockholders' equity:1,5661,370930702509477403
TOTAL LIABILITIES AND EQUITY:2,4512,1671,3651,092895842662

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues48543337927518312454
Premiums earned, net444397345251
Financial services revenue16611046
Cost of revenue(46)(84)(35)(8)(6)(2)(3)
Deferred policy acquisition costs, amortization expense(23)(19)(8)(8)(6)(0)(3)
Gross profit:43935034326717712151
Operating expenses(142)(132)(127)(117)(107)(93)(81)
Operating income (loss):2972182171507028(30)
Nonoperating expense
(Other Nonoperating expense)
(3)(3)(2)(16)(18)(17)(0)
Interest and debt expense(32)(24)(12)(15)(14)(15)(2)
Income (loss) from continuing operations before equity method investments, income taxes:26219120211839(3)(32)
Other undisclosed income from continuing operations before income taxes3427141814154
Income (loss) from continuing operations before income taxes:2972182171365311(28)
Income tax expense (benefit)(66)(47)(45)(28)(31)54 
Net income (loss) available to common stockholders, diluted:2311721721082266(28)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):2311721721082266(28)
Other comprehensive income (loss)(14)(10)(9)3(1)  
Comprehensive income (loss):2171621631112166(28)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(38)4641(16)42(4)
Comprehensive income (loss), net of tax, attributable to parent:179208204962468(32)

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: