New York Mortgage Trust Balance Sheet Health
Financial Health criteria checks 2/6
New York Mortgage Trust has a total shareholder equity of $1.6B and total debt of $5.3B, which brings its debt-to-equity ratio to 323.6%. Its total assets and total liabilities are $7.4B and $5.8B respectively.
Key information
323.6%
Debt to equity ratio
US$5.27b
Debt
Interest coverage ratio | n/a |
Cash | US$193.62m |
Equity | US$1.63b |
Total liabilities | US$5.77b |
Total assets | US$7.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NYMT.N's short term assets ($4.0B) exceed its short term liabilities ($475.1M).
Long Term Liabilities: NYMT.N's short term assets ($4.0B) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: NYMT.N's net debt to equity ratio (311.7%) is considered high.
Reducing Debt: NYMT.N's debt to equity ratio has reduced from 1140.1% to 323.6% over the past 5 years.
Debt Coverage: NYMT.N's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: Insufficient data to determine if NYMT.N's interest payments on its debt are well covered by EBIT.