MGIC Investment Corp (MTG) — Defensive Interval Ratio

Latest as of June 2026: 12952 days

MGIC Investment Corp (MTG) has a Defensive Interval Ratio of 12952 days as of June 2026. Defensive assets of $5.77 Billion (cash $-, short-term investments $5.70 Billion, receivables $69.69 Million) cover 12952 days of daily cash needs of $445.55K/day. For the complete balance sheet picture, see MTG total asset value.

Defensive Interval Ratio

12952 days
Days of operational coverage

Defensive Assets

$5.77 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$445.55K
Current Liabilities ÷ 365

Current Liabilities

$162.62 Million
USD

MGIC Investment Corp Defensive Interval Ratio (1996–2024)

This chart shows how MGIC Investment Corp's Defensive Interval Ratio has evolved across 29 annual periods from 1996 to 2024. As of June 2026, the ratio stands at 12952 days, meaning defensive assets of $5.77 Billion can fund 12952 days of operations without new revenue. Check MTG asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Annual Defensive Interval Ratio for MGIC Investment Corp (1996–2024)

The table below presents the year-by-year Defensive Interval Ratio for MGIC Investment Corp from 1996 to 2024, covering 29 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 3914 days $6.25 Billion $1.60 Million/day $229.49 Million $5.85 Billion ▲ +475 days
2023 3438 days $6.25 Billion $1.82 Million/day $363.67 Million $5.72 Billion ▲ +581 days
2022 2857 days $5.90 Billion $2.06 Million/day $327.38 Million $5.41 Billion ▼ -242 days
2021 3099 days $6.94 Billion $2.24 Million/day $284.69 Million $6.59 Billion ▼ -204 days
2020 3303 days $7.10 Billion $2.15 Million/day $287.95 Million $6.66 Billion ▼ -798 days
2019 4100 days $5.98 Billion $1.46 Million/day $161.85 Million $5.74 Billion ▲ +2541 days
2018 1560 days $5.40 Billion $3.46 Million/day $151.89 Million $5.16 Billion ▲ +412 days
2017 1148 days $5.14 Billion $4.48 Million/day $99.85 Million $4.99 Billion ▲ +257 days
2016 891 days $4.90 Billion $5.50 Million/day $155.41 Million $4.69 Billion ▲ +181 days
2015 710 days $4.71 Billion $6.63 Million/day $- $4.66 Billion ▲ +109 days
2014 601 days $4.83 Billion $8.04 Million/day $- $4.61 Billion ▲ +84 days
2013 516 days $5.01 Billion $9.70 Million/day $- $4.87 Billion ▲ +162 days
2012 354 days $4.42 Billion $12.47 Million/day $- $4.23 Billion ▼ -63 days
2011 417 days $5.89 Billion $14.14 Million/day $- $5.82 Billion ▲ +2 days
2010 415 days $7.54 Billion $18.16 Million/day $- $7.46 Billion ▲ +388 days
2009 27 days $552.49 Million $20.36 Million/day $- $187.16 Million ▼ -7 days
2008 34 days $537.97 Million $15.73 Million/day $- $69.90 Million ▼ -62 days
2007 96 days $1.14 Billion $11.85 Million/day $- $166.88 Million ▲ +30 days
2006 67 days $281.74 Million $4.23 Million/day $- $180.25 Million ▼ -5 days
2005 72 days $296.97 Million $4.13 Million/day $- $190.64 Million ▲ +9 days
2004 63 days $276.34 Million $4.38 Million/day $- $163.64 Million ▼ -4 days
2003 67 days $278.10 Million $4.17 Million/day $- $137.73 Million ▲ +1 days
2002 66 days $221.03 Million $3.36 Million/day $- $102.23 Million ▼ -1 days
2001 66 days $195.26 Million $2.94 Million/day $- $159.96 Million ▼ -5 days
2000 71 days $193.50 Million $2.73 Million/day $- $151.59 Million ▲ +10 days
1999 61 days $150.20 Million $2.48 Million/day $- $107.75 Million ▼ -25 days
1998 85 days $226.49 Million $2.65 Million/day $- $172.21 Million ▲ +24 days
1997 61 days $150.39 Million $2.45 Million/day $- $114.73 Million ▼ -19 days
1996 81 days $181.69 Million $2.25 Million/day $- $140.11 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)