ARMOUR Residential REIT Balance Sheet Health
Financial Health criteria checks 6/6
ARMOUR Residential REIT has a total shareholder equity of $1.2B and total debt of $8.7B, which brings its debt-to-equity ratio to 694.2%. Its total assets and total liabilities are $12.2B and $11.0B respectively.
Key information
694.2%
Debt to equity ratio
US$8.66b
Debt
Interest coverage ratio | n/a |
Cash | US$12.09b |
Equity | US$1.25b |
Total liabilities | US$10.96b |
Total assets | US$12.21b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARR.PRC's short term assets ($12.2B) exceed its short term liabilities ($10.8B).
Long Term Liabilities: ARR.PRC's short term assets ($12.2B) exceed its long term liabilities ($199.7M).
Debt to Equity History and Analysis
Debt Level: ARR.PRC has more cash than its total debt.
Reducing Debt: ARR.PRC's debt to equity ratio has reduced from 821.3% to 694.2% 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 ARR.PRC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARR.PRC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.7% per year.