AG Mortgage Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
AG Mortgage Investment Trust has a total shareholder equity of $540.1M and total debt of $6.4B, which brings its debt-to-equity ratio to 1181.8%. Its total assets and total liabilities are $7.0B and $6.4B respectively.
Key information
1,181.8%
Debt to equity ratio
US$6.38b
Debt
Interest coverage ratio | n/a |
Cash | US$102.68m |
Equity | US$540.09m |
Total liabilities | US$6.42b |
Total assets | US$6.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MITT.PRA's short term assets ($6.7B) exceed its short term liabilities ($826.9M).
Long Term Liabilities: MITT.PRA's short term assets ($6.7B) exceed its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: MITT.PRA's net debt to equity ratio (1162.8%) is considered high.
Reducing Debt: MITT.PRA's debt to equity ratio has increased from 462.5% to 1181.8% over the past 5 years.
Debt Coverage: MITT.PRA's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: Insufficient data to determine if MITT.PRA's interest payments on its debt are well covered by EBIT.