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PennyMac Mortgage Investment Trust (PennyMac Mortgage Investment Trust) Liabilities-to-Assets : 0.85 (As of Dec. 2023)


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What is PennyMac Mortgage Investment Trust Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. PennyMac Mortgage Investment Trust's Total Liabilities for the quarter that ended in Dec. 2023 was $11,156.8 Mil. PennyMac Mortgage Investment Trust's Total Assets for the quarter that ended in Dec. 2023 was $13,113.9 Mil. Therefore, PennyMac Mortgage Investment Trust's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.85.


PennyMac Mortgage Investment Trust Liabilities-to-Assets Historical Data

The historical data trend for PennyMac Mortgage Investment Trust's Liabilities-to-Assets 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.

PennyMac Mortgage Investment Trust Liabilities-to-Assets Chart

PennyMac Mortgage Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.80 0.83 0.86 0.85

PennyMac Mortgage Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial 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 0.87 0.86 0.85 0.85 0.84

Competitive Comparison of PennyMac Mortgage Investment Trust's Liabilities-to-Assets

For the REIT - Mortgage subindustry, PennyMac Mortgage Investment Trust's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


PennyMac Mortgage Investment Trust's Liabilities-to-Assets Distribution in the REITs Industry

For the REITs industry and Real Estate sector, PennyMac Mortgage Investment Trust's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where PennyMac Mortgage Investment Trust's Liabilities-to-Assets falls into.



PennyMac Mortgage Investment Trust Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

PennyMac Mortgage Investment Trust's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=11156.797/13113.887
=0.85

PennyMac Mortgage Investment Trust's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=11156.797/13113.887
=0.85

* 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.


PennyMac Mortgage Investment Trust  (NYSE:PMT) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


PennyMac Mortgage Investment Trust Liabilities-to-Assets Related Terms

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PennyMac Mortgage Investment Trust (PennyMac Mortgage Investment Trust) Business Description

Traded in Other Exchanges
Address
3043 Townsgate Road, Westlake Village, CA, USA, 91361
PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. The company's operations include activities such as production and servicing of financial securities based on residential loans and pooling and reselling of high-credit-quality mortgages. The company operates through four segments: correspondent production, credit-sensitive strategies, interest-rate-sensitive strategies, and corporate activities. The correspondent production segment, which generates income via purchasing, pooling, and reselling of loans or mortgage-backed securities accounts for roughly half of the company's income.
Executives
Scott W. Carnahan director 3820 VISTA AZUL, SAN CLEMENTE CA 92672
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Donna M Corley director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Doug Jones officer: Chief Correspondent Lending Of C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
William Herbert Chang officer: Chief Investment Officer PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Stacey D. Stewart director 5920 WALHONDING ROAD, BETHESDA MD 20816
Marianne Sullivan director C/O PENNYMAC, 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
David Spector officer: President and COO, other: Trustee C/O PENNYMAC, 6101 CONDOR DRIVE, UPPER LEVEL, MOORPARK CA 93021
James Follette officer: Chief Mortgage Fulfillment Ofr PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Renee Schultz director C/O PENNYMAC, 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Derek Stark officer: Chief Legal Officer 4500 PARK GRANADA, CALABASAS CA 91302
Frank P Willey director 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
Randall D. Hadley director 23821 FAIRGREENS EAST, LAGUNA NIGUEL CA 92677
Nancy Mcallister, director 30 CAMP WOODBINE ROAD, PORT JEFFERSON NY 11777
Preston Paul Dufauchard, Jr. director 11230 ELVESSA STREET, OAKLAND CA 94605