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 ration/a
CashUS$305.56m
EquityUS$1.88b
Total liabilitiesUS$9.28b
Total assetsUS$11.16b

Recent financial health updates

No updates

Recent updates

MFA Financial: Upcoming Income Growth Opportunity In Floating Series C Shares

Dec 23

MFA Financial: Gaining Strength After Rate Cuts

Oct 14

MFA Financial Issues Second Note Due In 2029

Jun 14

MFA Financial: High Yield But Risk Of Cut Looms

May 28

MFA PFDs Revisited: FOMC Has Changed The Outlook (Rating Upgrade)

Dec 26

MFA Financial: Not Yet A Buy, Wait For Bullish Indicators

Nov 22

MFA Financial: A High-Yielding Mortgage REIT Started Generating Decent Price Growth

Aug 27

MFA Financial Q4 2022 Earnings Preview

Feb 22

MFA Financial: Don't Chase Yield After A 20% Dividend Cut

Feb 08

Consider MFA Financial Convertible Notes Yielding 12.7%

Jan 10

MFA Financial decrease dividend by -20.5% to $0.35/share

Dec 14

MFA Financial: Buy This REIT For Solid Dividend Yield

Dec 06

MFA Financial Non-GAAP EPS of $0.28 misses by $0.07, Net interest income of $52.29M misses by $0.61M

Nov 03

MFA Financial stock climbs 5% aftermarket on preliminary estimates for Q3

Oct 17

MFA Financial declares $0.44 dividend

Sep 13

MFA Financial: Strong Yield But Negative Total Return

Aug 16

MFA Financial: The Reverse Stock Split Makes Investors Wary

May 19

MFA Financial: Buy The Dip

Feb 25

MFA Financial: Exceptional Dividend With A Diversified Loan Portfolio

Feb 16

Financial Position Analysis

Short Term Liabilities: MFA's short term assets ($9.7B) exceed its short term liabilities ($251.6M).

Long Term Liabilities: MFA's short term assets ($9.7B) exceed its long term liabilities ($9.0B).


Debt to Equity History and Analysis

Debt Level: MFA's net debt to equity ratio (458.2%) is considered high.

Reducing Debt: MFA's debt to equity ratio has increased from 279.1% to 474.5% over the past 5 years.

Debt Coverage: MFA's debt is not well covered by operating cash flow (1%).

Interest Coverage: Insufficient data to determine if MFA's interest payments on its debt are well covered by EBIT.


Balance Sheet


Discover healthy companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/08 23:00
End of Day Share Price 2025/01/08 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

MFA Financial, Inc. is covered by 26 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.

AnalystInstitution
Jessica Levi-RibnerB. Riley Securities, Inc.
Eric HagenBTIG
Michael DianaCantor Fitzgerald & Co.