Cherry Hill Mortgage Investment Balance Sheet Health
Financial Health criteria checks 4/6
Cherry Hill Mortgage Investment has a total shareholder equity of $239.7M and total debt of $1.3B, which brings its debt-to-equity ratio to 527.4%. Its total assets and total liabilities are $1.6B and $1.3B respectively.
Key information
527.4%
Debt to equity ratio
US$1.26b
Debt
| Interest coverage ratio | n/a |
| Cash | US$73.42m |
| Equity | US$239.70m |
| Total liabilities | US$1.31b |
| Total assets | US$1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHMI.PRA's short term assets ($97.0M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: CHMI.PRA's short term assets ($97.0M) exceed its long term liabilities ($93.3M).
Debt to Equity History and Analysis
Debt Level: CHMI.PRA's net debt to equity ratio (496.7%) is considered high.
Reducing Debt: CHMI.PRA's debt to equity ratio has reduced from 596.1% to 527.4% 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 CHMI.PRA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CHMI.PRA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12% per year.