ARMOUR Residential REIT Balance Sheet Health
Financial Health criteria checks 4/6
ARMOUR Residential REIT has a total shareholder equity of $1.3B and total debt of $10.2B, which brings its debt-to-equity ratio to 777.9%. Its total assets and total liabilities are $13.4B and $12.1B respectively.
Key information
777.9%
Debt to equity ratio
US$10.24b
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.22b |
| Equity | US$1.32b |
| Total liabilities | US$12.09b |
| Total assets | US$13.40b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2AR's short term assets ($13.4B) exceed its short term liabilities ($11.5B).
Long Term Liabilities: 2AR's short term assets ($13.4B) exceed its long term liabilities ($587.3M).
Debt to Equity History and Analysis
Debt Level: 2AR has more cash than its total debt.
Reducing Debt: 2AR's debt to equity ratio has reduced from 852.9% to 777.9% over the past 5 years.
Debt Coverage: 2AR's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: Insufficient data to determine if 2AR's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 00:59 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ARMOUR Residential REIT, Inc. is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark DeVries | Barclays |
| Kenneth Bruce | BofA Global Research |
| Matthew Howlett | B. Riley Securities, Inc. |