ARMOUR Residential REIT Balance Sheet Health
Financial Health criteria checks 5/6
ARMOUR Residential REIT has a total shareholder equity of $1.2B and total debt of $11.5B, which brings its debt-to-equity ratio to 930.7%. Its total assets and total liabilities are $13.9B and $12.7B respectively.
Key information
930.7%
Debt to equity ratio
US$11.50b
Debt
Interest coverage ratio | n/a |
Cash | US$13.75b |
Equity | US$1.24b |
Total liabilities | US$12.68b |
Total assets | US$13.91b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARR *'s short term assets ($13.9B) exceed its short term liabilities ($12.7B).
Long Term Liabilities: ARR * has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ARR * has more cash than its total debt.
Reducing Debt: ARR *'s debt to equity ratio has increased from 597.9% to 930.7% 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 ARR * has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARR * is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 9.5% per year.