NMI Holdings Inc Working Capital to Net Assets Ratio

Latest as of June 2026: -6.1%

NMI Holdings Inc working capital to net assets ratio. NMI Holdings Inc (NMIH) has a Working Capital to Net Assets ratio of -6.1% as of June 2026. Working capital of $-164.91 Million (current assets of $189.77 Million minus current liabilities of $354.69 Million) is measured against net assets of $2.71 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NMI Holdings Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

-6.1%
Working Capital / Net Assets

Working Capital

$-164.91 Million
USD

Current Assets

$189.77 Million
USD

Current Liabilities

$354.69 Million
USD

Working Capital to Net Assets Ratio of NMI Holdings Inc (2011–2025)

Working capital to net assets ratio of NMI Holdings Inc from 2011 to 2025. This chart shows how NMI Holdings Inc's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at -6.1%, reflecting working capital of $-164.91 Million against net assets of $2.71 Billion USD. See defensive interval ratio of NMI Holdings Inc to measure how many days the company can operate on defensive assets alone.

NMI Holdings Inc Working Capital to Net Assets Ratio by Year (2011–2025)

NMI Holdings Inc working capital to net assets ratio by year from 2011 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for NMI Holdings Inc from 2011 to 2025, covering 15 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see how large is NMI Holdings Inc's balance sheet.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2025 18.3% $475.16 Million $2.59 Billion $1.00 Billion $525.55 Million ▲ +16.6 pp
2024 1.7% $38.62 Million $2.22 Billion $54.22 Million $15.60 Million ▼ -25.3 pp
2023 27.1% $521.49 Million $1.93 Billion $617.95 Million $96.46 Million ▲ +24.6 pp
2022 2.5% $39.75 Million $1.61 Billion $42.25 Million $2.50 Million ▼ -111.3 pp
2021 113.7% $2.15 Billion $1.89 Billion $2.24 Billion $88.31 Million ▼ -1.6 pp
2020 115.3% $1.91 Billion $1.66 Billion $1.99 Billion $78.07 Million ▲ +11.9 pp
2019 103.4% $1.20 Billion $1.16 Billion $1.23 Billion $22.85 Million ▲ +104.5 pp
2018 -1.0% $-7.26 Million $701.50 Million $23.88 Million $31.14 Million ▼ -102.9 pp
2017 101.8% $518.36 Million $509.08 Million $760.25 Million $241.89 Million ▲ +3.3 pp
2016 98.5% $470.41 Million $477.35 Million $690.44 Million $220.03 Million ▼ -27.1 pp
2015 125.6% $505.91 Million $402.73 Million $621.70 Million $115.78 Million ▲ +104.0 pp
2014 21.6% $92.38 Million $426.96 Million $103.02 Million $10.65 Million ▲ +11.7 pp
2013 9.9% $45.88 Million $463.22 Million $55.93 Million $10.05 Million ▼ -78.8 pp
2012 88.7% $447.55 Million $504.46 Million $485.86 Million $38.30 Million ▼ -26.8 pp
2011 115.6% $-1.56 Million $-1.35 Million $1.00 $1.56 Million —
pp = percentage points