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 $7.1B, which brings its debt-to-equity ratio to 483%. Its total assets and total liabilities are $8.9B and $7.4B respectively.
Key information
483.0%
Debt to equity ratio
US$7.11b
Debt
| Interest coverage ratio | n/a |
| Cash | US$196.55m |
| Equity | US$1.47b |
| Total liabilities | US$7.43b |
| Total assets | US$8.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NYMT.M's short term assets ($4.5B) exceed its short term liabilities ($274.9M).
Long Term Liabilities: NYMT.M's short term assets ($4.5B) do not cover its long term liabilities ($7.2B).
Debt to Equity History and Analysis
Debt Level: NYMT.M's net debt to equity ratio (469.7%) is considered high.
Reducing Debt: NYMT.M's debt to equity ratio has reduced from 961.5% to 483% 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: NYMT.M has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NYMT.M has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 0.4% each year