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
Cherry Hill Mortgage Investment Corporation Series B Still Attractive Despite Floating Rate Risk
Nov 18Cherry Hill Mortgage Investment Corporation: Series B Preferred Offering 11% Yield
Jul 08Cherry Hill Mortgage Investment: Risk Is Well Managed
Jun 25Cherry 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 ($97.0M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: CHMI's short term assets ($97.0M) exceed its long term liabilities ($93.3M).
Debt to Equity History and Analysis
Debt Level: CHMI's net debt to equity ratio (496.7%) is considered high.
Reducing Debt: CHMI'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 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CHMI 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 14:03 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cherry Hill Mortgage Investment Corporation is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Howlett | B. Riley Securities, Inc. |
| Paul Miller | FBR Capital Markets & Co. |
| Trevor Cranston | JMP Securities |