MFA Financial Balance Sheet Health
Financial Health criteria checks 2/6
MFA Financial has a total shareholder equity of $1.9B and total debt of $8.9B, which brings its debt-to-equity ratio to 474.5%. Its total assets and total liabilities are $11.2B and $9.3B respectively.
Key information
474.5%
Debt to equity ratio
US$8.92b
Debt
Interest coverage ratio | n/a |
Cash | US$305.56m |
Equity | US$1.88b |
Total liabilities | US$9.28b |
Total assets | US$11.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFA.PRB's short term assets ($9.7B) exceed its short term liabilities ($251.6M).
Long Term Liabilities: MFA.PRB's short term assets ($9.7B) exceed its long term liabilities ($9.0B).
Debt to Equity History and Analysis
Debt Level: MFA.PRB's net debt to equity ratio (458.2%) is considered high.
Reducing Debt: MFA.PRB's debt to equity ratio has increased from 279.1% to 474.5% over the past 5 years.
Debt Coverage: MFA.PRB's debt is not well covered by operating cash flow (1%).
Interest Coverage: Insufficient data to determine if MFA.PRB's interest payments on its debt are well covered by EBIT.