Maiden Holdings, Ltd. balance sheet MHNC

As of Mar 31, 2025, Maiden Holdings, Ltd. had total assets of $1.2 billion and total liabilities of $1.2 billion. Total assets were down 16.0% from a year earlier. Stockholders' equity was $37.6 million. It held $231.2 million in cash and investments against $256.7 million of total debt, net debt of $25.5 million.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line
FY 2025
Mar 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
FY 2015
Dec 31, 2015
Assets
Cash
29
+38.5%
26
-27.6%
35
+14.3%
31
+16.2%
27
-64.0%
74
+53.6%
48
-76.0%
201
+268.7%
54
+32.0%
41
-54.0%
90
-17.1%
Short-term investments
—
0
0
0
0
0
0
0
0
0
—
Cash and investments
231
-17.5%
26
-27.6%
35
+14.3%
31
+16.2%
27
-64.0%
74
+53.6%
48
-76.0%
201
+268.7%
54
+32.0%
41
-98.9%
3,598
+0.9%
Property and equipment, net
—
1
—
—
—
—
—
—
—
—
—
Goodwill
—
—
—
—
—
—
—
0
-100.0%
57
+0.0%
57
-3.0%
59
+1.1%
Total assets
1,235
-16.0%
1,316
-13.4%
1,519
-17.8%
1,847
-20.5%
2,323
-21.2%
2,948
-17.4%
3,568
-32.5%
5,287
-20.4%
6,644
+6.3%
6,252
+9.6%
5,704
+10.4%
Liabilities and equity
Total liabilities
1,197
-1.9%
1,271
+0.1%
1,270
-18.7%
1,562
-19.4%
1,938
-19.9%
2,421
-20.9%
3,060
-35.3%
4,733
-12.5%
5,412
+10.6%
4,891
+12.3%
4,354
+11.0%
Stockholders' equity
38
-84.9%
45
-81.9%
249
-12.4%
285
-25.9%
384
—
508
-8.4%
554
-55.0%
1,232
-9.5%
1,361
+1.0%
1,348
+8.6%
Debt
Long-term debt
255
+0.1%
255
+0.1%
255
-0.4%
256
+0.1%
255
+0.1%
255
+0.1%
255
+0.1%
255
+0.1%
254
-27.6%
351
—
Lease liabilities
2
+1025.7%
2
+737.3%
0
-24.0%
0
-36.6%
0
-71.1%
2
—
—
—
—
—
Total debt
257
+0.7%
257
+0.7%
255
-0.4%
256
+0.0%
256
-0.4%
257
+0.7%
255
+0.1%
255
+0.1%
254
-27.6%
351
—
Net cash
-26
-200.6%
-231
-5.3%
-219
+2.4%
-225
+1.9%
-229
-25.4%
-183
+11.6%
-207
-283.8%
-54
+73.1%
-200
+35.5%
-310
—
Ratios
Debt to equity
6.83x
5.68x
1.02x
0.90x
0.67x
—
0.50x
0.46x
0.21x
0.26x
—
Return on equity
-561.77%
-444.69%
-15.48%
-21.10%
6.93%
—
-25.98%
-98.26%
-13.79%
3.60%
9.24%
Return on assets
-17.10%
-15.27%
-2.54%
-3.25%
1.15%
—
-3.70%
-10.30%
-2.56%
0.78%
2.18%
Book value per share
0.38
0.46
2.48
2.80
4.44
—
6.11
6.68
14.85
15.77
18.28
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry
Fire, Marine & Casualty Insurance (SIC 6331)
Listed as
MHLA (NYSE), MHNC (NYSE)
Fiscal year ends
December 31
Incorporated in
Bermuda
Headquarters
Hamilton, Bermuda
SEC filer status
Accelerated filer, Smaller reporting company
SEC CIK
1412100

Other Fire, Marine & Casualty Insurance companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.