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 $6.3B, which brings its debt-to-equity ratio to 430%. Its total assets and total liabilities are $8.2B and $6.8B respectively.
Key information
430.0%
Debt to equity ratio
US$6.30b
Debt
| Interest coverage ratio | n/a |
| Cash | US$239.34m |
| Equity | US$1.46b |
| Total liabilities | US$6.76b |
| Total assets | US$8.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NYMT.Z's short term assets ($4.5B) exceed its short term liabilities ($429.7M).
Long Term Liabilities: NYMT.Z's short term assets ($4.5B) do not cover its long term liabilities ($6.3B).
Debt to Equity History and Analysis
Debt Level: NYMT.Z's net debt to equity ratio (413.6%) is considered high.
Reducing Debt: NYMT.Z's debt to equity ratio has reduced from 1086.8% to 430% 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.Z has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NYMT.Z is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.4% per year.