Great Ajax Balance Sheet Health
Financial Health criteria checks 3/6
Great Ajax has a total shareholder equity of $310.9M and total debt of $1.0B, which brings its debt-to-equity ratio to 326.1%. Its total assets and total liabilities are $1.3B and $1.0B respectively.
Key information
326.1%
Debt to equity ratio
US$1.01b
Debt
| Interest coverage ratio | n/a |
| Cash | US$52.83m |
| Equity | US$310.90m |
| Total liabilities | US$1.03b |
| Total assets | US$1.34b |
Recent financial health updates
No updates
Recent updates
AJXA: Failed Merger Raises Risk For This Note That Matures Next April
Dec 01Ellington Financial And Great Ajax Called Off Their Engagement - Now What?
Nov 07Great Ajax: An Otherwise Unimpressive High-Yielding mREIT Poised For Recovery
Jun 16Great Ajax declares $0.27 dividend
Nov 03Great Ajax unit offers $110M senior unsecured notes
Aug 26Great Ajax raises dividend by 3.8% to $0.27/share
Aug 04Great Ajax Corp. 2021 Q1 - Results - Earnings Call Presentation
May 10Great Ajax: Earnings Recovery On Track But Stock Price Is High
May 06What Type Of Returns Would Great Ajax's(NYSE:AJX) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Feb 05
Great Ajax: Reversion To Historical P/B Yields 33.7% Capital Appreciation
Dec 31Great Ajax Corp: 6.6% Dividend Yield Tarnished By Potential Price Downside
Dec 27Great Ajax goes ex-dividend tomorrow
Nov 12Great Ajax Corp. 2020 Q3 - Results - Earnings Call Presentation
Nov 09Great Ajax beats on revenue
Nov 05Financial Position Analysis
Short Term Liabilities: AJX's short term assets ($1.0B) exceed its short term liabilities ($507.3M).
Long Term Liabilities: AJX's short term assets ($1.0B) exceed its long term liabilities ($518.1M).
Debt to Equity History and Analysis
Debt Level: AJX's net debt to equity ratio (309.1%) is considered high.
Reducing Debt: AJX's debt to equity ratio has reduced from 377.5% to 326.1% over the past 5 years.
Debt Coverage: AJX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AJX's interest payments on its debt are well covered by EBIT.