Lument Finance Trust Balance Sheet Health
Financial Health criteria checks 2/6
Lument Finance Trust has a total shareholder equity of $240.8M and total debt of $1.2B, which brings its debt-to-equity ratio to 495.6%. Its total assets and total liabilities are $1.4B and $1.2B respectively.
Key information
495.6%
Debt to equity ratio
US$1.19b
Debt
| Interest coverage ratio | n/a |
| Cash | US$51.25m |
| Equity | US$240.79m |
| Total liabilities | US$1.21b |
| Total assets | US$1.45b |
Recent financial health updates
No updates
Recent updates
Lument'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 21Hunt Companies Finance Trust, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 09Hunt Companies reports Q3 results
Nov 06Financial Position Analysis
Short Term Liabilities: LFT's short term assets ($1.4B) exceed its short term liabilities ($12.7M).
Long Term Liabilities: LFT's short term assets ($1.4B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: LFT's net debt to equity ratio (474.3%) is considered high.
Reducing Debt: LFT's debt to equity ratio has increased from 348.3% to 495.6% over the past 5 years.
Debt Coverage: LFT's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: Insufficient data to determine if LFT's interest payments on its debt are well covered by EBIT.