
Maiden Holdings, Ltd. Balance Sheet 2024-2008 | MHLD
Brief overview of Maiden Holdings, Ltd.'s financial position
The comparison uses five available annual reports from the 2020–2024 interval.
Assets fell from $2.9 billion to $1.3 billion. This may reflect either deliberate optimization or a reduction in business scale.
Assets and liabilities changed at similar rates, -55.4% and -47.5%. The funding mix did not shift sharply.
A liability-heavy structure is normal for a financial institution; equity represents 3.4% of assets, from initially.
The balance sheet includes a negative accumulated result of -$687.9 million. It should be assessed alongside historical profits and capital distributions.
Overall picture
Maiden Holdings, Ltd.'s financial structure calls for caution. Stronger equity, lower debt or restored liquidity would be needed to improve it.
Annual Balance Sheet Maiden Holdings, Ltd.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
229 M | 219 M | 209 M | 189 M | 119 M | 2.04 B | 3.11 B | 4.23 B | 4.28 B | 3.78 B | 3.71 B | 3.51 B | 2.87 B | 45.7 M | - | - | - |
Long Term Debt |
255 M | 255 M | 256 M | 255 M | 255 M | 255 M | 255 M | 254 M | 351 M | 360 M | 360 M | 486 M | 334 M | 234 M | - | - | - |
Total Non Current Liabilities |
- | - | - | - | - | 255 M | 255 M | 254 M | 351 M | 350 M | 360 M | 486 M | 334 M | 234 M | - | - | - |
Total Liabilities |
1.27 B | 1.27 B | 1.56 B | 1.94 B | 2.42 B | 3.06 B | 4.73 B | 5.41 B | 4.89 B | 4.36 B | 3.92 B | 3.59 B | 3.12 B | 2.59 B | 2.23 B | - | - |
Retained Earnings |
-688 M | -487 M | -443 M | -498 M | -616 M | -696 M | -564 M | 35.5 M | 286 M | 316 M | 255 M | 212 M | 151 M | 129 M | 122 M | - | - |
Total Assets |
1.32 B | 1.52 B | 1.85 B | 2.32 B | 2.95 B | 3.57 B | 5.29 B | 6.64 B | 6.25 B | 5.71 B | 5.16 B | 4.71 B | 4.14 B | 3.35 B | 2.98 B | - | - |
Cash and Cash Equivalents |
25.7 M | 35.4 M | 46.6 M | 66.1 M | 136 M | 48.2 M | 201 M | 67.9 M | 45.7 M | 89.6 M | 108 M | 140 M | 81.5 M | 188 M | 96.2 M | 107 M | 132 M |
Book Value |
45.2 M | 249 M | 285 M | 384 M | 528 M | 508 M | 555 M | 1.23 B | 1.36 B | 1.35 B | 1.24 B | 1.12 B | 1.02 B | 769 M | 750 M | - | - |
Total Shareholders Equity |
45.2 M | 249 M | 285 M | 384 M | - | 508 M | 554 M | 1.23 B | 1.36 B | 1.35 B | 1.24 B | 1.12 B | 1.02 B | 769 M | 750 M | 713 K | 510 M |
All numbers in USD currency
Quarterly Balance Sheet Maiden Holdings, Ltd.
| 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 256 M | 256 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 255 M | 254 M | 254 M | 254 M | 254 M | 351 M | 351 M | 351 M | 351 M | 350 M | 350 M | 350 M | 350 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Liabilities |
1.2 B | 1.19 B | 1.16 B | 1.22 B | 1.27 B | 1.31 B | 1.4 B | 1.49 B | 1.56 B | 1.66 B | 1.81 B | 1.85 B | 1.94 B | 2.07 B | 2.2 B | 2.28 B | 2.42 B | 2.42 B | 2.42 B | 2.42 B | 3.06 B | 3.06 B | 3.06 B | 3.06 B | 4.73 B | 4.73 B | 4.73 B | 4.73 B | 5.41 B | 5.41 B | 5.41 B | 5.41 B | 4.89 B | 4.89 B | 4.89 B | 4.89 B | 4.35 B | 4.35 B | 4.35 B | 4.35 B | 3.92 B | 3.92 B | 3.92 B | 3.92 B | 3.59 B | 3.59 B | 3.59 B | 3.59 B | 3.12 B | 3.12 B | 3.12 B | 3.12 B | 2.63 B | 2.63 B | 2.63 B | 2.59 B |
Retained Earnings |
-697 M | -530 M | -495 M | -485 M | -487 M | -466 M | -463 M | -460 M | -443 M | -479 M | -471 M | -497 M | -498 M | -515 M | -517 M | -544 M | -616 M | -616 M | -616 M | -616 M | -696 M | -696 M | -696 M | -696 M | -564 M | -564 M | -564 M | -564 M | 35.5 M | 35.5 M | 35.5 M | 35.5 M | 286 M | 286 M | 286 M | 286 M | 316 M | 316 M | 316 M | 316 M | 255 M | 255 M | 255 M | 255 M | 212 M | 212 M | 212 M | 212 M | 151 M | 151 M | 151 M | 151 M | 129 M | 129 M | 129 M | 129 M |
Total Assets |
1.23 B | 1.39 B | 1.4 B | 1.47 B | 1.52 B | 1.58 B | 1.66 B | 1.76 B | 1.85 B | 1.99 B | 2.16 B | 2.22 B | 2.32 B | 2.46 B | 2.61 B | 2.7 B | 2.95 B | 2.95 B | 2.95 B | 2.95 B | 3.57 B | 3.57 B | 3.57 B | 3.57 B | 5.29 B | 5.29 B | 5.29 B | 5.29 B | 6.64 B | 6.64 B | 6.64 B | 6.64 B | 6.25 B | 6.25 B | 6.25 B | 6.25 B | 5.7 B | 5.7 B | 5.7 B | 5.7 B | 5.16 B | 5.16 B | 5.16 B | 5.16 B | 4.71 B | 4.71 B | 4.71 B | 4.71 B | 4.14 B | 4.14 B | 4.14 B | 4.14 B | 3.4 B | 3.4 B | 3.4 B | 3.35 B |
Cash and Cash Equivalents |
28.7 M | 110 M | 24.8 M | 20.7 M | 35.4 M | 17.9 M | 17.2 M | 24.2 M | 31 M | 24.4 M | 37.8 M | 37 M | 26.7 M | 29.3 M | 42.1 M | 78.1 M | 136 M | 74 M | 74 M | 74 M | 48.2 M | 48.2 M | 48.2 M | 48.2 M | 201 M | 201 M | 201 M | 201 M | 54.5 M | 54.5 M | 67.9 M | 67.9 M | 41.3 M | 45.7 M | 45.7 M | 45.7 M | 89.6 M | 89.6 M | 89.6 M | 89.6 M | 108 M | 108 M | 108 M | 108 M | 140 M | 140 M | 140 M | 140 M | 81.5 M | 81.5 M | 81.5 M | 81.5 M | 188 M | 188 M | 188 M | 188 M |
Book Value |
37.6 M | 208 M | 238 M | 249 M | 249 M | 263 M | 269 M | 271 M | 285 M | 327 M | 348 M | 368 M | 384 M | 383 M | 404 M | 427 M | 528 M | 528 M | 528 M | 528 M | 508 M | 508 M | 508 M | 508 M | 555 M | 555 M | 555 M | 555 M | 1.23 B | 1.23 B | 1.23 B | 1.23 B | 1.36 B | 1.36 B | 1.36 B | 1.36 B | 1.35 B | 1.35 B | 1.35 B | 1.35 B | 1.24 B | 1.24 B | 1.24 B | 1.24 B | 1.12 B | 1.12 B | 1.12 B | 1.12 B | 1.02 B | 1.02 B | 1.02 B | 1.02 B | 769 M | 769 M | 769 M | 769 M |
Total Shareholders Equity |
37.6 M | 208 M | 238 M | 249 M | 249 M | 263 M | 269 M | 271 M | 285 M | 327 M | 348 M | 368 M | 384 M | 383 M | 404 M | 427 M | 528 M | 528 M | 528 M | 528 M | 508 M | 533 M | 508 M | 508 M | 554 M | 554 M | 554 M | 554 M | 1.23 B | 1.23 B | 1.23 B | 1.23 B | 1.36 B | 1.36 B | 1.36 B | 1.36 B | 1.35 B | 1.35 B | 1.35 B | 1.35 B | 1.24 B | 1.24 B | 1.24 B | 1.24 B | 1.12 B | 1.12 B | 1.12 B | 1.12 B | 1.02 B | 1.02 B | 1.02 B | 1.02 B | 769 M | 769 M | 769 M | 769 M |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Maiden Holdings, Ltd., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.