Lument Finance Trust Balance Sheet Health
Financial Health criteria checks 3/6
Lument Finance Trust has a total shareholder equity of $243.1M and total debt of $1.0B, which brings its debt-to-equity ratio to 412.3%. Its total assets and total liabilities are $1.3B and $1.0B respectively.
Key information
412.3%
Debt to equity ratio
US$1.00b
Debt
| Interest coverage ratio | n/a |
| Cash | US$45.59m |
| Equity | US$243.14m |
| Total liabilities | US$1.01b |
| Total assets | US$1.26b |
Recent financial health updates
No updates
Recent updates
Lument Finance Trust Remains Fairly Valued In Wait Of 2021 Loan Book Workout
Nov 21Lument's High Yield Hides High Risks, It Is Not An Opportunity
Feb 22Lument Finance declares $0.06 dividend
Dec 15Lument Finance declares $0.06 dividend
Sep 15Lument Finance Non-GAAP EPS of $0.05 misses by $0.01
Aug 08Lument Finance Trust closes $1B commercial real estate CLO
Jun 14Lument Finance Trust launches public offering of preferred stock
Apr 26Should You Be Adding Lument Finance Trust (NYSE:LFT) To Your Watchlist Today?
Mar 20
Hunt Companies Finance Trust declares $0.04 special dividend
Dec 21Financial Position Analysis
Short Term Liabilities: LFT's short term assets ($1.3B) exceed its short term liabilities ($10.3M).
Long Term Liabilities: LFT's short term assets ($1.3B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: LFT's net debt to equity ratio (393.6%) is considered high.
Reducing Debt: LFT's debt to equity ratio has reduced from 498.7% to 412.3% over the past 5 years.
Debt Coverage: LFT's debt is not well covered by operating cash flow (3%).
Interest Coverage: Insufficient data to determine if LFT's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 10:16 |
| End of Day Share Price | 2024/12/23 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 |
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| 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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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
Lument Finance Trust, Inc. is covered by 9 analysts. 5 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 |
|---|---|
| Mark DeVries | Barclays |
| Matthew Howlett | B. Riley Securities, Inc. |
| Douglas Harter | Credit Suisse |