MBIA Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.43
Dividend & YieldN/A$ (N/A)
Beta 1.22
Market capitalization 700.28M
Operating cash flow -418M
ESG Scores unknown

Company description

MBIA Inc. provides financial guarantee insurance services to public finance markets. It operates through United States (U.S.) Public Finance Insurance, Corporate, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions and territories, as well as utilities, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities. It also insures the non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, utilities, and privately issued bonds used for the financing of projects that include toll roads, bridges, airports, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.

Sector: Financial Services - Industry: Insurance—Specialty

Financial Ratios
Quick Ratio4.42
Working Capital-0.28
Return On Equity1.42
Debt To Equity-11.14
Fixed Asset Ratio0.01
Fixed Interest Cover-2.09

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -105M -77M -83M -56M
Total Cashflows From Investing Activities 1.27B 1.74B -61M 623M
Net Borrowings -982M -1.06B -456M -282M
Total Cash From Financing Activities -1.1B -1.26B -457M -285M
Change To Operating Activities 51M 285M 1B -266M
Issuance Of Stock
Net Income -359M -578M -445M -195M
Change In Cash -197M 84M -7M -82M
Effect Of Exchange Rate 1M 1M -2M -2M
Total Cash From Operating Activities -368M -390M 511M -418M
Depreciation
Change To Account Receivables 62M 29M 31M 32M
Other Cashflows From Financing Activities -8M
Change To Netincome -17M -49M 6M 67M
Capital Expenditures -1M -1M -1M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax -357M -578M -445M -148M
Net Income -359M -578M -445M -195M
Selling General Administrative 101M 92M 97M 76M
Gross Profit 95M -179M -243M 25M
Ebit -6M -271M -340M -51M
Operating Income -6M -271M -340M -51M
Interest Expense -349M -270M -163M -101M
Income Tax Expense 2M 1M
Total Revenue 348M 361M 113M 71M
Cost Of Revenue 253M 540M 356M 46M
Total Other Income ExpenseNet -351M -307M -105M -97M
Net Income From Continuing Ops -359M -578M -445M -149M
Net Income Applicable To Common Shares -359M -578M -445M -195M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 6.45B 5.6B 5B 4.25B
Total Stockholder Equity 826M 136M -313M -882M
Other Current Liabilities 525M 456M 323M 333M
Total Assets 7.28B 5.75B 4.7B 3.38B
Common Stock 283M 283M 283M 283M
Other Current Assets 27M 17M 17M 90M
Retained Earnings 607M -13M -458M -653M
Treasury Stock -3.06B -3.1B -3.07B -3.44B
Cash 83M 167M 160M 66M
Total Current Liabilities 674M 635M 458M 386M
Other Stockholder Equity -2M 115M 100M -283M
Property, Plant, and Equipment 17M
Total Current Assets 2.96B 2.96B 2.03B 806M
Net Tangible Assets 826M 136M -313M -882M
Net Receivables 1.94B 1.89B 1.47B 297M
Accounts Payable 17M 15M 5M 4M


Insider Transactions

Here are the insider transactions of stock shares related to MBIA Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
RINEHART CHARLES RStock Award(Grant) at price 11.96 per share.D2022-05-12Director8.36k
GILBERT STEVEN JStock Award(Grant) at price 11.96 per share.D2022-05-12Director8.36k
VAUGHAN RICHARD CHARLESStock Award(Grant) at price 11.96 per share.D2022-05-12Director8.36k
SHASTA THEODORE EStock Award(Grant) at price 11.96 per share.D2022-05-12Director8.36k
DEWBREY DIANE LStock Award(Grant) at price 11.96 per share.D2022-05-12Director8.36k
INNIS-THOMPSON JANICE L.Stock Award(Grant) at price 11.96 per share.D2022-05-12Director8.36k
GILBERT STEVEN JSale at price 15.58 per share.D2022-04-04Director85.14k
FALLON WILLIAM CStock Award(Grant) at price 0.00 per share.D2022-03-03Chief Executive Officer115.17k
MCKIERNAN ANTHONYStock Award(Grant) at price 0.00 per share.D2022-03-03Chief Financial Officer54.84k
SCHACHINGER JOSEPH RStock Award(Grant) at price 0.00 per share.D2022-03-03Officer11.26k
YOUNG CHRISTOPHER HStock Award(Grant) at price 0.00 per share.D2022-03-03Officer35.65k
AVITABILE DANIEL MStock Award(Grant) at price 0.00 per share.D2022-03-03Officer35.65k
BERGONZI ADAM TStock Award(Grant) at price 0.00 per share.D2022-03-03Officer49.36k
HARRIS JONATHAN CHARLESStock Award(Grant) at price 0.00 per share.D2022-03-03General Counsel38.39k
FALLON WILLIAM CStock Award(Grant) at price 15.79 per share.D2021-12-31Chief Executive Officer58.84k
MCKIERNAN ANTHONYStock Award(Grant) at price 15.79 per share.D2021-12-31Chief Financial Officer28.02k
YOUNG CHRISTOPHER HStock Award(Grant) at price 15.79 per share.D2021-12-31Officer18.21k
AVITABILE DANIEL MStock Award(Grant) at price 15.79 per share.D2021-12-31Officer18.21k
BERGONZI ADAM TStock Award(Grant) at price 15.79 per share.D2021-12-31Officer25.22k
HARRIS JONATHAN CHARLESStock Award(Grant) at price 15.79 per share.D2021-12-31General Counsel19.61k
INNIS-THOMPSON JANICE L.Stock Award(Grant) at price 15.71 per share.D2021-10-27Director6.37k
VAUGHAN RICHARD CHARLESSale at price 11.87 per share.D2021-08-09Director26.4k
GILBERT STEVEN JSale at price 10.23 per share.D2021-06-02Director20.5k
SHASTA THEODORE ESale at price 10.05 per share.D2021-06-01Director5.7k
SHASTA THEODORE ESale at price 10.00 per share.D2021-05-28Director20.7k
RINEHART CHARLES RStock Award(Grant) at price 8.88 per share.D2021-05-13Director11.26k
GILBERT STEVEN JStock Award(Grant) at price 8.88 per share.D2021-05-13Director11.26k
VAUGHAN RICHARD CHARLESStock Award(Grant) at price 8.88 per share.D2021-05-13Director11.26k
SHASTA THEODORE EStock Award(Grant) at price 8.88 per share.D2021-05-13Director11.26k
DEWBREY DIANE LStock Award(Grant) at price 8.88 per share.D2021-05-13Director11.26k
VAUGHAN RICHARD CHARLESSale at price 9.45 per share.D2021-03-09Director24.69k
FALLON WILLIAM CStock Award(Grant) at price 0.00 per share.D2021-03-04Chief Executive Officer187.05k
MCKIERNAN ANTHONYStock Award(Grant) at price 0.00 per share.D2021-03-04Chief Financial Officer89.07k
SCHACHINGER JOSEPH RStock Award(Grant) at price 0.00 per share.D2021-03-04Officer19.97k
YOUNG CHRISTOPHER HStock Award(Grant) at price 0.00 per share.D2021-03-04Officer57.9k
AVITABILE DANIEL MStock Award(Grant) at price 0.00 per share.D2021-03-04Officer57.9k
BERGONZI ADAM TStock Award(Grant) at price 0.00 per share.D2021-03-04Officer80.17k
HARRIS JONATHAN CHARLESStock Award(Grant) at price 0.00 per share.D2021-03-04General Counsel62.35k
FALLON WILLIAM CPurchase at price 6.17 per share.D2020-11-18Chief Executive Officer100k
RINEHART CHARLES RSale at price 8.11 per share.D2020-08-28Director25k
RINEHART CHARLES RSale at price 8.00 per share.D2020-08-24Director25k
RINEHART CHARLES RSale at price 7.96 per share.D2020-08-20Director25k
RINEHART CHARLES RSale at price 7.93 per share.D2020-08-19Director25k
RINEHART CHARLES RSale at price 8.54 per share.D2020-08-10Director23.97k
SHASTA THEODORE ESale at price 6.99 per share.D2020-05-22Director18.69k
GILBERT STEVEN JStock Gift at price 0.00 per share.D2020-05-15Director64.42k
RINEHART CHARLES RStock Award(Grant) at price 6.27 per share.D2020-05-14Director15.95k
GILBERT STEVEN JStock Award(Grant) at price 6.27 per share.D2020-05-14Director15.95k
VAUGHAN RICHARD CHARLESStock Award(Grant) at price 6.27 per share.D2020-05-14Director15.95k
SHASTA THEODORE EStock Award(Grant) at price 6.27 per share.D2020-05-14Director15.95k
DEWBREY DIANE LStock Award(Grant) at price 6.27 per share.D2020-05-14Director15.95k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MBIA Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MBIA Inc

Here is the result of two systematic investment strategies applied to MBIA Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MBIA Inc

The following chart shows the equity curve of the two systematic investment strategies applied to MBIA Inc:

MBIA Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 32.33% on the backtest period.

Performance at glance

Performance

32.33 %

Latent gain

729.79 $

Invested capital

2257.39 $

Annualized return

7.81 %
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Momentum strategy results on MBIA Inc

This is the result of two momentum investment strategies applied to MBIA Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MBIA Inc

The following chart shows all the entries opened by the momentum investment system on MBIA Inc:

MBIA Inc momentum entries
  • The first momentum investment strategy would give 40.77% of return on MBIA Inc. That represents 2237.56$ of latent gain with 5488.68$ of employed capital.
  • The second momentum investment strategy would give 36.3% of return on MBIA Inc. That represents 1632.92$ of latent gain with 4498.66$ of employed capital.
Performance at glance (1Q Momentum)

Performance

40.77 %

Latent gain

2237.56 $

Invested capital

5488.68 $

Annualized return

44.5 %
Performance at glance (2Q Momentum)

Performance

36.3 %

Latent gain

1632.92 $

Invested capital

4498.66 $

Annualized return

9.92 %

Momentum equity curve on MBIA Inc

The following chart shows the equity curve of the two momentum strategies applied to MBIA Inc:

MBIA Inc momentum equity

Note: the dividends potentially given by MBIA Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MBIA Inc

The following chart shows the employed capital evolution of the two momentum strategies on MBIA Inc since the beginning:

MBIA Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on MBIA Inc

Buy the dip entry openings on MBIA Inc

MBIA Inc

The performance achieved by the robo-advisor on MBIA Inc is 95.22%. That represents 717.57$ of latent gain with 753.56$ of employed capital. The following chart shows MBIA Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MBIA Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

95.22 %

Latent gain

717.57 $

Invested capital

753.56 $

Annualized return

44.5 %

Equity curve of the strategy applied to MBIA Inc

The following chart shows the result of the investment strategy applied to MBIA Inc:

MBIA Inc

Note: the dividends potentially given by MBIA Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MBIA Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on MBIA Inc:

MBIA Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MBIA Inc

In this section, I will compare the three previous investment strategies applied to MBIA Inc.

Equity curve comparison on MBIA Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MBIA Inc investment strategy comparison

Employed capital comparison on MBIA Inc

MBIA Inc investment comparison

Performance comparison on MBIA Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 32.33% 729.79$ 2257.39$ 7.81%
Momentum 1 quarter 40.77% 2237.56$ 5488.68$ 10.45%
Momentum 2 quarters 36.3% 1632.92$ 4498.66$ 9.92%
Non-directional 95.22% 717.57$ 753.56$ 44.5%
Annualized return comparison

Automatic investment

7.81 %

Momentum 1Q

9.92 %

Momentum 2Q

9.92 %

Non-directional

44.5 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MBIA Inc:


Company information

Company name MBIA Inc
Country United States
City Purchase
Address 1 Manhattanville Road
Phone 914 273 4545
Website www.mbia.com
FullTime employees
Industry Insurance—Specialty
Sector Financial Services
Exchange XNYS
Ticker MBI
Market www.nyse.com

MBIA Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown