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Chimera Investment (Chimera Investment) Net Current Asset Value

: $0.00 (As of Dec. 2023)
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In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Chimera Investment's net current asset value per share for the quarter that ended in Dec. 2023 was $0.00.

The historical rank and industry rank for Chimera Investment's Net Current Asset Value or its related term are showing as below:

CIM's Price-to-Net-Current-Asset-Value is not ranked *
in the REITs industry.
Industry Median: 7.04
* Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.

Chimera Investment Net Current Asset Value Historical Data

The historical data trend for Chimera Investment's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chimera Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Current Asset Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Chimera Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Current Asset Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the REIT - Mortgage subindustry, Chimera Investment's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chimera Investment Price-to-Net-Current-Asset-Value Distribution

For the REITs industry and Real Estate sector, Chimera Investment's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Chimera Investment's Price-to-Net-Current-Asset-Value falls into.



Chimera Investment Net Current Asset Value Calculation

Chimera Investment's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(A: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-10370.079-0-0.372)/241.361
=N/A

Chimera Investment's Net Current Asset Value (NCAV) per share for the quarter that ended in Dec. 2023 is calculated as

Net Current Asset Value Per Share(Q: Dec. 2023 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(N/A-10370.079-0-0.372)/241.361
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chimera Investment  (NYSE:CIM) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Chimera Investment Net Current Asset Value Related Terms

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Chimera Investment (Chimera Investment) Business Description

Address
630 Fifth Avenue, Suite 2400, New York, NY, USA, 10111
Chimera Investment Corporation is a real estate investment trust engaged in investing in a portfolio of mortgage assets on a leveraged basis. These investments include a variety of government-sponsored agency residential mortgage-backed securities, or RMBS, non-agency RMBS, agency commercial mortgage-backed securities, residential mortgage loans, and other real estate-related securities. Agency mortgage-backed securities represent the largest share of this portfolio, while subprime residential mortgage loans and non-agency RMBS also make up substantial shares. A significant percentage of these securities are backed by properties in California. The company generates nearly all of its income from interest payments derived from its investments.
Executives
Miyun Sung officer: Chief Legal Officer 4-75 48TH AVENUE #705, LONG ISLAND CITY NY 11109
Sudhanshu Thakkar officer: Co-Chief Investment Officer 630 FIFTH AVENUE, SUITE 2400, NEW YORK NY 10111
Sandra Bell director C/O TIPTREE INC., 660 STEAMBOAT ROAD, 2ND FL, GREENWICH CT 06830
Subramaniam Viswanathan officer: Chief Financial Officer 103 HARDING AVE, EDISON NJ 08820
Kelley Kortman officer: Principal Accounting Officer 520 MADISON AVE, FL 32, NEW YORK NY 10022
Kevin Gerald Chavers director C/O CHIMERA INVESTMENT CORPORATION, 520 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Matthew Lambiase director, officer: Chief Exec. Officer and Pres. 1211 AVENUE OF THE AMERICAS, SUITE 2902, NEW YORK NY 10036
Kardis Phillip John Ii officer: Chief Legal Officer C/O CHIMERA INVESTMENT CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Choudhary Yarlagadda officer: Chief Operating Officer 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robert S Colligan officer: CFO 1211 AVENUE OF THE AMERICAS, STE 2902, NEW YORK NY 10036
Brian Patrick Reilly director 520 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Paul Donlin director 1211 AVENUE OF THE AMERICAS, SUITE 2902, NEW YORK NY 10036
Gerard Creagh director C/O DUFF & PHELPS CORPORATION, 55 EAST 52ND STREET, NEW YORK NY 10055
Mohit Marria officer: Chief Investment Officer 1211 AVENUE OF THE AMERICAS, STE 2902, NEW YORK NY 10036
Debra Still director 520 MADISON AVE, 32ND FL, C/O CHIMERA INVESTMENT CORPORATION, NEW YORK NY 10022