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. New York Mortgage Trust's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.07.
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, New York Mortgage Trust 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 New York Mortgage Trust's Cash-to-Debt or its related term are showing as below:
NYMT'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.16
Current: 0.07
During the past 13 years, New York Mortgage Trust's highest Cash to Debt Ratio was 0.16. The lowest was 0.01. And the median was 0.01.
New York Mortgage Trust Cash-to-Debt Historical Data
The historical data trend for New York Mortgage Trust'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.
|
New York Mortgage Trust Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.01 |
0.16 |
0.12 |
0.09 |
0.07 |
|
New York Mortgage Trust 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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.09 |
0.09 |
0.09 |
0.09 |
0.07 |
Competitive Comparison
For the REIT - Mortgage subindustry, New York Mortgage Trust'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.
New York Mortgage Trust Cash-to-Debt Distribution
For the REITs industry and Real Estate sector, New York Mortgage Trust's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where New York Mortgage Trust's Cash-to-Debt falls into.
New York Mortgage Trust 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.
New York Mortgage Trust's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
New York Mortgage Trust's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* 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.
New York Mortgage Trust (New York Mortgage Trust) Business Description
Traded in Other Exchanges
Address
90 Park Avenue, New York, NY, USA, 10016
New York Mortgage Trust Inc is a real estate investment trust for federal income tax purposes, in the business of acquiring, investing in, financing and managing mortgage-related and residential housing-related assets. The company's investment portfolio consists of Structured multi-family property investments such as multi-family CMBS an preferred equity in, and mezzanine loans to owners of multi-family properties. Distressed residential assets such as residential mortgage loans sourced from distressed markets and non-Agency RMBS. Second mortgages, Agency RMBS, and certain other mortgage-related and residential housing-related assets.
Executives
| Nicholas Mah |
officer: President |
90 PARK AVENUE, FLOOR 23, NEW YORK NY 10016 |
| Gena Cheng |
director |
401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602 |
| Audrey Greenberg |
director |
90 PARK AVENUE, FLOOR 23, NEW YORK NY 10016 |
| Steven G Norcutt |
director |
1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019 |
| Steven R Mumma |
officer: Chief Operating Officer and VP |
1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019 |
| Nathan R Reese |
officer: Vice President and Secretary |
C/O NEW YORK MORTGAGE TRUST, INC., 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017 |
| Kristine Rimando Nario |
officer: Chief Financial Officer |
275 MADISON AVENUE, SUITE 3200, NEW YORK NY 10016 |
| Jason T Serrano |
officer: President |
275 MADISON AVENUE, NEW YORK NY 10016 |
| Alan L Hainey |
director |
1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019 |
| Lisa A Pendergast |
director |
275 MADISON AVENUE, NEW YORK NY 10016 |
| Michael B. Clement |
director |
275 MADISON AVENUE, NEW YORK NY 10016 |
| Kevin M. Donlon |
officer: President |
227 WEST TRADE STREET, SUITE 900, CHARLOTTE NC 28202 |
| Douglas E Neal |
director |
52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017 |
| Jmp Asset Management Llc |
10 percent owner |
600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111 |
| Fredric S. Starker |
officer: Chief Financial Officer |
52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017 |
New York Mortgage Trust (New York Mortgage Trust) Headlines
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