Western Asset Mortgage Capital Balance Sheet Health
Financial Health criteria checks 4/6
Western Asset Mortgage Capital has a total shareholder equity of $78.0M and total debt of $2.1B, which brings its debt-to-equity ratio to 2743.9%. Its total assets and total liabilities are $2.2B and $2.2B respectively.
Key information
2,743.9%
Debt to equity ratio
US$2.14b
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.61m |
| Equity | US$77.99m |
| Total liabilities | US$2.16b |
| Total assets | US$2.24b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4880's short term assets ($2.1B) exceed its short term liabilities ($188.6M).
Long Term Liabilities: 4880's short term assets ($2.1B) exceed its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: 4880's net debt to equity ratio (2712.4%) is considered high.
Reducing Debt: 4880's debt to equity ratio has increased from 877.6% to 2743.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 4880 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 4880 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 18.4% per year.