ARMOUR Residential REIT Balance Sheet Health
Financial Health criteria checks 4/6
ARMOUR Residential REIT has a total shareholder equity of $1.3B and total debt of $10.2B, which brings its debt-to-equity ratio to 777.9%. Its total assets and total liabilities are $13.4B and $12.1B respectively.
Key information
777.9%
Debt to equity ratio
US$10.24b
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.22b |
| Equity | US$1.32b |
| Total liabilities | US$12.09b |
| Total assets | US$13.40b |
Recent financial health updates
Recent updates
Armour Residential: Backing Out Before Prepayment Risk Emerges (Downgrade)
Sep 04Armour Residential: The 15% Yield Indicates Trouble May Be Brewing
Jul 07Armour Residential REIT: New Leadership Doesn't Hint Improvement
Mar 22Armour Residential Starts To Rebound, And The Best May Still Be Coming
Jan 02Armour Residential REIT: Weakening Fundamentals May Spark A Strong Downtrend, Sell
Dec 21Armour Residential: Why A Dividend Reset Is Likely
Oct 09Armour Residential: ~50% Dividend Cut Expected By 2024 As Swaps Expire
Oct 01Armour Residential: No Repo Play, No Problem
Aug 31ARMOUR Residential: Buy Before The Tide Shifts
Aug 24ARMOUR Residential: It's Not Time To Buy The 18.4% Yield
Jun 14ARMOUR Residential REIT cuts monthly dividend by 20% to $0.08/share
Feb 15Armour Residential: Higher Borrowing Rates Threaten ARR's Yield, Some Bullish Signs In The Charts
Feb 08ARMOUR Residential REIT declares $0.10 dividend
Jan 30ARMOUR Residential REIT declares $0.10 dividend
Dec 30Armour Residential expects Q3 book value per share to drop
Oct 12ARMOUR Residential REIT declares $0.10 dividend
Oct 03ARMOUR Residential REIT declares $0.10 dividend
Sep 27ARMOUR Residential REIT goes ex-dividend tomorrow
Sep 13ARMOUR Residential REIT declares $0.10 dividend
Aug 24Financial Position Analysis
Short Term Liabilities: ARR's short term assets ($13.4B) exceed its short term liabilities ($11.5B).
Long Term Liabilities: ARR's short term assets ($13.4B) exceed its long term liabilities ($587.3M).
Debt to Equity History and Analysis
Debt Level: ARR has more cash than its total debt.
Reducing Debt: ARR's debt to equity ratio has reduced from 852.9% to 777.9% over the past 5 years.
Debt Coverage: ARR's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: Insufficient data to determine if ARR's interest payments on its debt are well covered by EBIT.