Claros Mortgage Trust Balance Sheet Health
Financial Health criteria checks 2/6
Claros Mortgage Trust has a total shareholder equity of $2.2B and total debt of $5.4B, which brings its debt-to-equity ratio to 241.4%. Its total assets and total liabilities are $7.8B and $5.5B respectively.
Key information
241.4%
Debt to equity ratio
US$5.35b
Debt
Interest coverage ratio | n/a |
Cash | US$232.91m |
Equity | US$2.22b |
Total liabilities | US$5.54b |
Total assets | US$7.76b |
Financial Position Analysis
Short Term Liabilities: CMTG's short term assets ($7.1B) exceed its short term liabilities ($423.7M).
Long Term Liabilities: CMTG's short term assets ($7.1B) exceed its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: CMTG's net debt to equity ratio (230.9%) is considered high.
Reducing Debt: CMTG's debt to equity ratio has increased from 97.6% to 241.4% over the past 5 years.
Debt Coverage: CMTG's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: Insufficient data to determine if CMTG's interest payments on its debt are well covered by EBIT.