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
Armour 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 24ARMOUR Residential REIT declares $0.10 dividend
Jul 27ARMOUR Residential: The Current Price Is Justified
Jun 07Financial Position Analysis
Short Term Liabilities: ARR's short term assets ($12.2B) exceed its short term liabilities ($10.8B).
Long Term Liabilities: ARR's short term assets ($12.2B) exceed its long term liabilities ($199.7M).
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 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 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ARR 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.