MITTPB.PFD (AG Mortgage Investment Trust) Accounts Payable & Accrued Expense : $37.28 Mil (As of Sep. 2024)

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What is AG Mortgage Investment Trust Accounts Payable & Accrued Expense?

AG Mortgage Investment Trust's quarterly accounts payable & accrued expense increased from Mar. 2024 ($34.51 Mil) to Jun. 2024 ($38.82 Mil) but then declined from Jun. 2024 ($38.82 Mil) to Sep. 2024 ($37.28 Mil).

AG Mortgage Investment Trust's annual accounts payable & accrued expense increased from Dec. 2021 ($15.30 Mil) to Dec. 2022 ($23.43 Mil) and increased from Dec. 2022 ($23.43 Mil) to Dec. 2023 ($33.51 Mil).

AG Mortgage Investment Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for AG Mortgage Investment Trust's Accounts Payable & Accrued Expense 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.

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AG Mortgage Investment Trust Accounts Payable & Accrued Expense Chart

AG Mortgage Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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39.00

71.07

15.30

23.43

33.51

AG Mortgage Investment Trust Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															32.25	33.51	34.51	38.82	37.28

AG Mortgage Investment Trust Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

AG Mortgage Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AG Mortgage Investment Trust Inc (NYSE:MITTpB.PFD) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MITTpC.PFD:USA MITTpA.PFD:USA MITT:USA 8AGA:Germany

Address

245 Park Avenue, 26th Floor, New York, NY, USA, 10167

Website

https://www.agmit.com

AG Mortgage Investment Trust Inc is a real estate investment trust (REIT). It focuses on investing in a diversified risk-adjusted portfolio of residential mortgage-related assets in the U.S. mortgage market. Its objective is to provide attractive risk-adjusted returns to its stockholders over the long-term through dividends and capital appreciation. It also focuses on investing in residential mortgage-backed securities (RMBS) issued or guaranteed by a government sponsored enterprise.