Cherry Hill Mortgage Investment Balance Sheet Health
Financial Health criteria checks 2/6
Cherry Hill Mortgage Investment has a total shareholder equity of $258.4M and total debt of $1.1B, which brings its debt-to-equity ratio to 421.6%. Its total assets and total liabilities are $1.4B and $1.1B respectively.
Key information
421.6%
Debt to equity ratio
US$1.09b
Debt
Interest coverage ratio | n/a |
Cash | US$72.39m |
Equity | US$258.38m |
Total liabilities | US$1.13b |
Total assets | US$1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHMI.PRB's short term assets ($112.2M) do not cover its short term liabilities ($1.0B).
Long Term Liabilities: CHMI.PRB's short term assets ($112.2M) exceed its long term liabilities ($104.8M).
Debt to Equity History and Analysis
Debt Level: CHMI.PRB's net debt to equity ratio (393.6%) is considered high.
Reducing Debt: CHMI.PRB's debt to equity ratio has reduced from 483.6% to 421.6% over the past 5 years.
Debt Coverage: CHMI.PRB's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: Insufficient data to determine if CHMI.PRB's interest payments on its debt are well covered by EBIT.