MBIA Inc (MBI) — Tangible Net Worth Ratio

Latest as of December 2020: 66.4%

MBIA Inc (MBI) has a Tangible Net Worth Ratio of 66.4% as of December 2020. This metric is calculated by deducting intangible assets ($50.00 Million) from net assets ($149.00 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is MBIA Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

66.4%
Tangible equity / total equity

Net Assets (Equity)

$149.00 Million
USD

Intangible Assets

$50.00 Million
Goodwill, patents, brand value

Total Assets

$5.75 Billion
USD

MBIA Inc Tangible Net Worth Ratio (1987–2021)

This chart shows how MBIA Inc's Tangible Net Worth Ratio has changed across 35 annual periods from 1987 to 2021. As of December 2020, the ratio stands at 66.4%, reflecting net assets of $149.00 Million with intangible assets of $50.00 Million USD. See MBI defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for MBIA Inc (1987–2021)

The table below presents the year-by-year Tangible Net Worth Ratio for MBIA Inc from 1987 to 2021, covering 35 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see MBI stock market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2021 97.2% $1.48 Billion $42.00 Million $4.70 Billion ▲ +30.7 pp
2020 66.4% $149.00 Million $50.00 Million $5.75 Billion ▼ -31.4 pp
2019 97.9% $2.84 Billion $60.00 Million $7.28 Billion ▲ +4.4 pp
2018 93.5% $1.13 Billion $74.00 Million $8.08 Billion ▲ +0.1 pp
2017 93.3% $1.43 Billion $95.00 Million $9.10 Billion ▼ -3.0 pp
2016 96.4% $3.24 Billion $118.00 Million $11.14 Billion ▲ +0.8 pp
2015 95.5% $3.74 Billion $168.00 Million $14.86 Billion ▲ +1.0 pp
2014 94.5% $3.95 Billion $217.00 Million $16.28 Billion ▲ +2.4 pp
2013 92.1% $3.30 Billion $260.00 Million $16.95 Billion ▲ +1.6 pp
2012 90.5% $3.19 Billion $302.00 Million $21.72 Billion ▼ -9.5 pp
2011 100.0% $1.72 Billion $0.00 $26.87 Billion ▲ +1.1 pp
2010 98.9% $2.85 Billion $31.37 Million $32.28 Billion ▲ +0.1 pp
2009 98.8% $2.61 Billion $31.37 Million $25.68 Billion ▲ +6.3 pp
2008 92.5% $1.02 Billion $76.94 Million $29.63 Billion ▼ -5.4 pp
2007 97.8% $3.66 Billion $79.41 Million $47.42 Billion ▼ -1.1 pp
2006 98.9% $7.20 Billion $79.41 Million $39.76 Billion ▲ +0.1 pp
2005 98.8% $6.59 Billion $79.41 Million $34.56 Billion ▲ +0.0 pp
2004 98.8% $6.58 Billion $79.41 Million $33.03 Billion ▲ +0.2 pp
2003 98.6% $6.26 Billion $90.04 Million $30.27 Billion ▲ +0.2 pp
2002 98.4% $5.49 Billion $90.04 Million $18.85 Billion ▲ +0.4 pp
2001 98.0% $4.78 Billion $97.77 Million $16.20 Billion ▲ +0.4 pp
2000 97.5% $4.22 Billion $104.32 Million $13.89 Billion ▼ -2.5 pp
1999 100.0% $3.51 Billion $0.00 $12.26 Billion ▲ +0.0 pp
1998 100.0% $3.79 Billion $0.00 $11.80 Billion ▲ +0.0 pp
1997 100.0% $3.05 Billion $0.00 $9.81 Billion ▲ +0.0 pp
1996 100.0% $2.48 Billion $0.00 $8.56 Billion ▲ +0.0 pp
1995 100.0% $2.23 Billion $0.00 $7.27 Billion ▲ +0.0 pp
1994 100.0% $1.70 Billion $0.00 $5.46 Billion ▲ +7.3 pp
1993 92.7% $1.60 Billion $116.30 Million $4.11 Billion ▲ +1.5 pp
1992 91.2% $1.38 Billion $121.30 Million $2.88 Billion ▲ +3.1 pp
1991 88.1% $1.06 Billion $126.50 Million $2.28 Billion ▲ +2.2 pp
1990 85.9% $931.70 Million $131.70 Million $2.02 Billion ▲ +4.0 pp
1989 81.8% $776.50 Million $141.00 Million $1.79 Billion ▼ -18.2 pp
1988 100.0% $704.50 Million $0.00 $1.28 Billion ▲ +0.0 pp
1987 100.0% $619.60 Million $0.00 $1.16 Billion
pp = percentage points