Company Analysis

Maiden Holdings North America, Ltd (MHNC)

NYSE: MHNC · Fire, Marine & Casualty Insurance · Hamilton, BM · filing with the SEC since 2007
Grade1.8
◀ Past 1.5● Present 2.4▶ Future 1.4
2 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Period endingDec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016Dec 31, 2015
Report filedMar 10, 2025Mar 12, 2024Mar 15, 2023Mar 14, 2022Mar 15, 2021Mar 18, 2020Mar 15, 2019Mar 1, 2018Mar 6, 2017·
Revenue56,43689,23458,13298,721184,123576,1352,164,8072,138,818r2,051,868r2,573,111
For insurers
Premiums earned49,47443,96937,73252,993106,081447,7622,026,2021,992,659r1,925,588r2,429,069
Benefits, claims and losses186,12761,22857,9917,30741,799452,8291,880,1211,555,433r1,289,512r1,633,570
Total benefits, losses and expenses258,050135,453118,52579,809147,563686,4082,614,6582,293,224r1,972,395r2,446,789
General and administrative35,34830,79630,94736,02039,11847,21864,94053,004r50,254r64,872
Total operating expenses12,21412,80011,63410,3419,48811,76721,24119,028r18,439r38,328r
Interest expense··19,33119,32719,32419,32019,31823,26028,17329,063
Interest and investment income27,89637,94230,47034,36157,598114,060140,634131,668r115,614r137,149
Share of profit of equity-method investments1,7007,846-2057,7485,0980····
Income before income taxes-199,914-38,373-60,59826,66041,658-110,273-449,851-154,406r79,473r126,322
Income tax expense1,055196-55715-104-911441-6,757r413r2,038
Income from continuing operations····41,762-109,362-450,292-147,64979,060·
Income from discontinued operations····0-22,541-94,113-22,096-30,922·
Net income including non-controlling interests····41,762-131,903-544,405-169,74548,138124,284
Net income to non-controlling interests·····0219151-842-192
Net income-200,969-38,569-60,04126,64541,762-131,903-544,624-169,89648,980124,476
Preferred dividends·····025,63629,15633,75624,337
Net income to common shareholders·-38,56955,432117,64379,957-131,903-570,260-199,05215,224100,139
Earnings per share, basic-2.01-0.380.631.350.93·-6.87-2.320.201.36
Earnings per share, diluted-2.01-0.380.631.350.93·-6.87-2.320.191.31
Earnings per share, basic and diluted····0.93-1.59-6.87···
Weighted average shares, basic99,902,695101,382,60687,112,71186,068,27884,333,51483,061,25983,050,36285,678,23277,534,86073,478,544
Weighted average shares, diluted99,902,695101,382,60687,113,97486,072,66784,333,65583,061,25983,050,36285,678,23278,686,94385,638,235
Weighted average shares, basic and diluted····84,333,51483,061,25983,050,362···
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet
Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet
Total benefits, losses and expenses claims and every other cost togetherus-gaap:BenefitsLossesAndExpenses
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Interest expense what its borrowing costus-gaap:InterestExpenseDebt
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterestAndDividend
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton MHNC · research, not advice