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
AG Mortgage Investment Trust Preferred Stock Update: 2 Rated Hold, 1 Rated Buy
Feb 14AG Mortgage Investment: Income Name On Sale
Sep 11AG Mortgage: Good Signs Are Popping Up, But Still Not Enough
May 26AG Mortgage Investment Trust Q4 2022 Earnings Preview
Feb 22AG Mortgage Investment Trust dividend declines by 14.3% to $0.18
Dec 20AG Mortgage Investment Trust Non-GAAP EPS of -$0.03 misses by $0.22, Total interest income of $15.49M beats by $0.56M
Nov 04AG Mortgage Investment: A High Yielding Relatively Risky mREIT At A Risk-Adjusted Price
Oct 24AG Mortgage Investment sees Q3 book value sliding, while liquidity stays strong
Oct 17AG Mortgage Investment promotes its president to CEO
Sep 22AG Mortgage Investment Trust declares $0.21 dividend
Sep 15AG Mortgage Investment Trust Non-GAAP EPS of $0.08
Aug 03AG Mortgage Investment: Generating High Yield, Trading At Discount
Jun 28AG Mortgage: Low Investment Portfolio Yield
Apr 14AG Mortgage Investment Trust: Growing Dividend Priced At A Discount
Aug 26AG Mortgage Investment Trust, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 06AG Mortgage Investment Trust declares $0.03 dividend
Dec 23AG Mortgage: There Is No Recovery Coming
Dec 21AG Mortgage Investment Trust, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 10AG Mortgage Investment Trust reports Q3 results
Nov 06Financial Position Analysis
Short Term Liabilities: MITT's short term assets ($6.7B) exceed its short term liabilities ($826.9M).
Long Term Liabilities: MITT's short term assets ($6.7B) exceed its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: MITT's net debt to equity ratio (1162.8%) is considered high.
Reducing Debt: MITT's debt to equity ratio has increased from 462.5% to 1181.8% over the past 5 years.
Debt Coverage: MITT's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: Insufficient data to determine if MITT's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 19:15 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
AG Mortgage Investment Trust, Inc. is covered by 17 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.
| Analyst | Institution |
|---|---|
| Kenneth Bruce | BofA Global Research |
| Boris Pialloux | B. Riley Wealth |
| Eric Hagen | BTIG |