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
Cherry Hill: The 15.4% Yield Faces Headwinds, Consider The Preferreds
Feb 13Cherry Hill Mortgage declares $0.27 dividend
Dec 16Cherry Hill Mortgage: Strong Yield And Low Valuation Make This mREIT Attractive
Oct 24Cherry Hill Mortgage declares $0.27 dividend
Sep 15Cherry Hill: 16.07% Dividend With Significant Upside Potential
Jul 27Cherry Hill: An Impressive Dividend Yield Of 15.88%
May 18Cherry Hill: Favorable External Factors With A 13.33% Yield
Dec 22Have Insiders Been Selling Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) Shares?
Mar 02
Could The Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) Ownership Structure Tell Us Something Useful?
Jan 09Cherry Hill Mortgage declares $0.27 dividend
Dec 10Cherry Hill Mortgage downgraded at Piper Sandler on Q3 tangible book value drop
Nov 10Financial Position Analysis
Short Term Liabilities: CHMI's short term assets ($112.2M) do not cover its short term liabilities ($1.0B).
Long Term Liabilities: CHMI's short term assets ($112.2M) exceed its long term liabilities ($104.8M).
Debt to Equity History and Analysis
Debt Level: CHMI's net debt to equity ratio (393.6%) is considered high.
Reducing Debt: CHMI's debt to equity ratio has reduced from 483.6% to 421.6% over the past 5 years.
Debt Coverage: CHMI's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: Insufficient data to determine if CHMI's interest payments on its debt are well covered by EBIT.