Midwest Holding Inc. financial data

Industry
Life Insurance
Location
2900 South 70 Th Street, Suite 400, Lincoln, NE
State of incorporation
NE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2023 - Nov 13, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 16.6K % +566%
Return On Equity -34.1 % -332%
Return On Assets -0.41 % -158%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.74M shares +0.45%
Common Stock, Shares, Outstanding 3.74M shares +0.45%
Entity Public Float 44.4M USD -60%
Common Stock, Value, Issued 4K USD 0%
Weighted Average Number of Shares Outstanding, Basic 3.74M shares +0.03%
Weighted Average Number of Shares Outstanding, Diluted 3.88M shares +2.32%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 92.5M USD +147%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 15.2M USD +93.5%
Income Tax Expense (Benefit) 14.2M USD +110%
Net Income (Loss) Attributable to Parent -9.41M USD -195%
Earnings Per Share, Basic -2.52 USD/shares -195%
Earnings Per Share, Diluted -2.53 USD/shares -197%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 198M USD -5.21%
Property, Plant and Equipment, Net 1.72M USD -13.5%
Operating Lease, Right-of-Use Asset 2M USD -8.35%
Intangible Assets, Net (Excluding Goodwill) 700K USD 0%
Assets 2.62B USD +55.6%
Operating Lease, Liability, Noncurrent 2.19M USD +633%
Liabilities 2.6B USD +58.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -66.9M USD -26.3%
Retained Earnings (Accumulated Deficit) -67.4M USD -26.4%
Stockholders' Equity Attributable to Parent 3.7M USD -88.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 22M USD -44.9%
Liabilities and Equity 2.62B USD +55.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 46.4M USD +350%
Net Cash Provided by (Used in) Financing Activities 165M USD +78.9%
Net Cash Provided by (Used in) Investing Activities -233M USD -133%
Common Stock, Shares Authorized 20M shares 0%
Common Stock, Shares, Issued 3.74M shares +0.45%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -21.3M USD -899%
Deferred Tax Assets, Valuation Allowance 46.1M USD +47.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 52.8M USD +46.4%
Operating Lease, Liability 2.01M USD -8.53%
Depreciation 300K USD -47.8%
Payments to Acquire Property, Plant, and Equipment 195K USD +1850%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -23.4M USD +53.5%
Lessee, Operating Lease, Liability, to be Paid 2.93M USD -8.77%
Lessee, Operating Lease, Liability, to be Paid, Year Two 342K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year One 378K USD +10.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure
Lessee, Operating Lease, Liability, to be Paid, Year Three 345K USD +0.88%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) -3.38M USD -1315%
Preferred Stock, Shares Authorized 2M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 353K USD +2.32%
Additional Paid in Capital 138M USD -0.03%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 95K USD +764%
Deferred Tax Assets, Net of Valuation Allowance 6.65M USD +41.3%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%