AG Mortgage Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
AG Mortgage Investment Trust has a total shareholder equity of $539.6M and total debt of $5.8B, which brings its debt-to-equity ratio to 1079.8%. Its total assets and total liabilities are $6.4B and $5.9B respectively.
Key information
1,079.8%
Debt to equity ratio
US$5.83b
Debt
Interest coverage ratio | n/a |
Cash | US$100.29m |
Equity | US$539.57m |
Total liabilities | US$5.86b |
Total assets | US$6.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MITT.PRA's short term assets ($6.0B) exceed its short term liabilities ($5.3M).
Long Term Liabilities: MITT.PRA's short term assets ($6.0B) exceed its long term liabilities ($5.9B).
Debt to Equity History and Analysis
Debt Level: MITT.PRA's net debt to equity ratio (1061.2%) is considered high.
Reducing Debt: MITT.PRA's debt to equity ratio has increased from 441% to 1079.8% over the past 5 years.
Debt Coverage: MITT.PRA's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: Insufficient data to determine if MITT.PRA's interest payments on its debt are well covered by EBIT.