Chimera Investment (Chimera Investment) Cash-to-Debt

: 0.02 (As of Dec. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Chimera Investment's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.02.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Chimera Investment couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Chimera Investment's Cash-to-Debt or its related term are showing as below:

CIM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.04
Current: 0.02

During the past 13 years, Chimera Investment's highest Cash to Debt Ratio was 0.04. The lowest was 0.00. And the median was 0.01.

CIM's Cash-to-Debt is ranked worse than
78.11% of 804 companies
in the REITs industry
Industry Median: 0.09 vs CIM: 0.02

Chimera Investment Cash-to-Debt Historical Data

The historical data trend for Chimera Investment's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Chimera Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.01

0.02

0.04

0.03

0.02

Chimera Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.03	0.02	0.02	0.01	0.02

Competitive Comparison

For the REIT - Mortgage subindustry, Chimera Investment's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Cash-to-Debt Distribution

For the REITs industry and Real Estate sector, Chimera Investment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Chimera Investment's Cash-to-Debt falls into.

Chimera Investment Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Chimera Investment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	221.684	/	(0	+	10109.008)
	=	0.02

Chimera Investment's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	221.684	/	(0	+	10109.008)
	=	0.02

Chimera Investment (NYSE:CIM) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Chimera Investment Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Chimera Investment's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Chimera Investment (Chimera Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Chimera Investment Corp (NYSE:CIM) » Definitions » Cash-to-Debt

Comparable Companies

FBRT MFA EFC ARR PMT BRSP CMTG TWO RWT LADR NLY AGNC STWD RITM BXMT ABR ARI RC DX KREF

Traded in Other Exchanges

CIMpD.PFD:USA CIMpC.PFD:USA CIMpB.PFD:USA CIMpA.PFD:USA 4CR1:Germany

Address

630 Fifth Avenue, Suite 2400, New York, NY, USA, 10111

Website

https://www.chimerareit.com

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