New York Mortgage Trust Balance Sheet Health
Financial Health criteria checks 4/6
New York Mortgage Trust has a total shareholder equity of $1.5B and total debt of $5.7B, which brings its debt-to-equity ratio to 374.8%. Its total assets and total liabilities are $7.4B and $5.9B respectively.
Key information
374.8%
Debt to equity ratio
US$5.69b
Debt
Interest coverage ratio | n/a |
Cash | US$234.08m |
Equity | US$1.52b |
Total liabilities | US$5.93b |
Total assets | US$7.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NYMT.L's short term assets ($3.8B) exceed its short term liabilities ($207.9M).
Long Term Liabilities: NYMT.L's short term assets ($3.8B) do not cover its long term liabilities ($5.7B).
Debt to Equity History and Analysis
Debt Level: NYMT.L's net debt to equity ratio (359.4%) is considered high.
Reducing Debt: NYMT.L's debt to equity ratio has reduced from 1163.5% to 374.8% 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 NYMT.L has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NYMT.L is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.9% per year.