Invesco Mortgage Capital Balance Sheet Health
Financial Health criteria checks 4/6
Invesco Mortgage Capital has a total shareholder equity of $782.7M and total debt of $4.5B, which brings its debt-to-equity ratio to 569.7%. Its total assets and total liabilities are $5.3B and $4.5B respectively.
Key information
569.7%
Debt to equity ratio
US$4.46b
Debt
Interest coverage ratio | n/a |
Cash | US$77.91m |
Equity | US$782.67m |
Total liabilities | US$4.50b |
Total assets | US$5.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7M20's short term assets ($226.2M) do not cover its short term liabilities ($4.5B).
Long Term Liabilities: 7M20's short term assets ($226.2M) exceed its long term liabilities ($3.9M).
Debt to Equity History and Analysis
Debt Level: 7M20's net debt to equity ratio (559.7%) is considered high.
Reducing Debt: 7M20's debt to equity ratio has reduced from 668% to 569.7% 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 7M20 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7M20 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.5% per year.