Granite Point Mortgage Trust (FRA:G18) Cash per Share : €1.72 (As of Dec. 2024)

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What is Granite Point Mortgage Trust Cash per Share?

Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents divided by Shares Outstanding (EOP). Granite Point Mortgage Trust's Cash per Share for the quarter that ended in Dec. 2024 was €1.72.

Granite Point Mortgage Trust Cash per Share Historical Data

The historical data trend for Granite Point Mortgage Trust's Cash per Share 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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Granite Point Mortgage Trust Cash per Share Chart

Granite Point Mortgage Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash per Share

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3.89

3.16

2.40

3.42

1.72

Granite Point Mortgage Trust Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash per Share	Get a 7-Day Free Trial															3.42	2.80	1.58	2.05	1.72

Granite Point Mortgage Trust Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Granite Point Mortgage Trust's Cash per Share for the fiscal year that ended in Dec. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	83.838	/	48.80
	=	1.72

Granite Point Mortgage Trust's Cash per Share for the quarter that ended in Dec. 2024 is calculated as:

Cash per Share	=	Balance Sheet Cash And Cash Equivalents	/	Shares Outstanding (EOP)
	=	83.838	/	48.80
	=	1.72

Granite Point Mortgage Trust (FRA:G18) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Granite Point Mortgage Trust Cash per Share Related Terms

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Granite Point Mortgage Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Point Mortgage Trust Inc (FRA:G18) » Definitions » Cash per Share

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Address

3 Bryant Park, Suite 2400A, New York, NY, USA, 10036

Website

https://www.gpmtreit.com

Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning and repurposing of the property.

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