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
New York Mortgage Trust: Updating Our Allocation As The Company Derisks
Nov 08New York Mortgage Trust: Agency RMBS May Protect Earnings
Aug 06NYMT Pfds: FOMC Policy Has Shifted, But My Hold Ratings Stand
Jan 25New York Mortgage Trust State Of Mind
Oct 14New York Mortgage Trust declares $0.10 dividend
Sep 16New York Mortgage Trust: A Sustainable Dividend, But Wait For A Better Risk/Reward
Aug 26New York Mortgage Trust GAAP EPS of -$0.22 misses by $0.21, Total net interest income of $26.13M misses by $2.08M
Aug 02New York Mortgage Trust: Headwinds Of Rising Interest Rates And Inflation
May 11New York Mortgage Trust: Good Opportunity For Growth Investors, Not So Much For Long-Term Income Investors
Dec 02New York Mortgage Trust: 9%-Plus Dividend Yield With A Satisfactory Earnings Outlook
Sep 15New York Mortgage Trust misses on net interest income
May 06Have Insiders Been Buying New York Mortgage Trust, Inc. (NASDAQ:NYMT) Shares?
Feb 09
What Kind Of Investors Own Most Of New York Mortgage Trust, Inc. (NASDAQ:NYMT)?
Dec 18
New York Mortgage Trust, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 06Financial Position Analysis
Short Term Liabilities: NYMT's short term assets ($4.5B) exceed its short term liabilities ($274.9M).
Long Term Liabilities: NYMT's short term assets ($4.5B) do not cover its long term liabilities ($7.2B).
Debt to Equity History and Analysis
Debt Level: NYMT's net debt to equity ratio (469.7%) is considered high.
Reducing Debt: NYMT'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 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: NYMT has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 0.4% each year