Anworth Mortgage Asset (Anworth Mortgage Asset) Debt-to-Equity : 0.90 (As of Dec. 2020)

View and export this data going back to 2007. Start your Free Trial

What is Anworth Mortgage Asset Debt-to-Equity?

Anworth Mortgage Asset's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $90.19 Mil. Anworth Mortgage Asset's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $296.51 Mil. Anworth Mortgage Asset's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $428.49 Mil. Anworth Mortgage Asset's debt to equity for the quarter that ended in Dec. 2020 was 0.90.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Anworth Mortgage Asset's Debt-to-Equity or its related term are showing as below:

ANHpB.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 1.09 Max: 13.74
Current: 0.9

During the past 13 years, the highest Debt-to-Equity Ratio of Anworth Mortgage Asset was 13.74. The lowest was 0.03. And the median was 1.09.

ANHpB.PFD's Debt-to-Equity is not ranked
in the REITs industry.
Industry Median: 0.785 vs ANHpB.PFD: 0.90

Anworth Mortgage Asset Debt-to-Equity Historical Data

The historical data trend for Anworth Mortgage Asset's Debt-to-Equity 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.

Anworth Mortgage Asset Debt-to-Equity Chart

Anworth Mortgage Asset Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

Get a 7-Day Free Trial

1.17

0.96

1.00

1.09

0.90

Anworth Mortgage Asset Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Debt-to-Equity	Get a 7-Day Free Trial															1.09	1.46	1.25	1.07	0.90

Competitive Comparison of Anworth Mortgage Asset's Debt-to-Equity

For the REIT - Mortgage subindustry, Anworth Mortgage Asset's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Anworth Mortgage Asset's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Anworth Mortgage Asset's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Anworth Mortgage Asset's Debt-to-Equity falls into.

Anworth Mortgage Asset Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anworth Mortgage Asset's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(90.185	+	296.512)	/	428.494
	=	0.90

Anworth Mortgage Asset's Debt to Equity Ratio for the quarter that ended in Dec. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(90.185	+	296.512)	/	428.494
	=	0.90

Anworth Mortgage Asset (NYSE:ANHpB.PFD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Anworth Mortgage Asset Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Anworth Mortgage Asset's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Anworth Mortgage Asset (Anworth Mortgage Asset) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Anworth Mortgage Asset Corp (NYSE:ANHpB.PFD) » Definitions » Debt-to-Equity

Comparable Companies

CHMI WMC AJX EARN MITT AI ACRE XAN HCFT SACH NLY AGNC STWD BXMT NRZ CIM TWO ARI PMT BRMK

Traded in Other Exchanges

N/A

Address

1299 Ocean Avenue, Second Floor, Santa Monica, CA, USA, 90401

Website

http://www.anworth.com

Anworth Mortgage Asset Corp is engaged in the business of investment, financing, & management of a leveraged portfolio of residential mortgage-backed securities & residential mortgage loans which includes different types of investments such as Agency mortgage-backed securities, Non-agency mortgage-backed securities, & Residential mortgage loans through consolidated securitization trusts. Agency MBS include residential mortgage pass-through certificates or CMOs in which the principal and interest payments are guaranteed by a government-sponsored enterprise. Non-Agency MBS are issued by companies that are not guaranteed by federally sponsored enterprises, and the company finances its residential mortgage loans through asset-backed securities issued by the consolidated securitization trusts.