Midwest Holding Inc. financial data

Location
2900 South 70 Th Street, Suite 400, Lincoln, 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%
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 -3 USD/shares -195%
Earnings Per Share, Diluted -3 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%
Assets 2.62B USD +55.6%
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%
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%
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%