Capstead Mortgage (Capstead Mortgage) Debt-to-Equity

: 0.11 (As of Jun. 2021)

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Capstead Mortgage's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. Capstead Mortgage's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $98.54 Mil. Capstead Mortgage's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $873.01 Mil. Capstead Mortgage's debt to equity for the quarter that ended in Jun. 2021 was 0.11.

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 Capstead Mortgage's Debt-to-Equity or its related term are showing as below:

CMO's Debt-to-Equity is not ranked ^*
in the REITs industry.
Industry Median: 0.78
* Ranked among companies with meaningful Debt-to-Equity only.

Capstead Mortgage Debt-to-Equity Historical Data

The historical data trend for Capstead Mortgage'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.

Capstead Mortgage Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.08

0.10

0.09

8.15

Capstead Mortgage Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Debt-to-Equity	Get a 7-Day Free Trial															16.70	16.84	8.15	7.64	0.11

Competitive Comparison

For the REIT - Mortgage subindustry, Capstead Mortgage'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.

Capstead Mortgage Debt-to-Equity Distribution

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

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

Capstead Mortgage Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Capstead Mortgage'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
	=	(7319.083	+	98.493)	/	910.163
	=	8.15

Capstead Mortgage's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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
	=	(0	+	98.544)	/	873.013
	=	0.11

Capstead Mortgage (NYSE:CMO) 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.

Capstead Mortgage Debt-to-Equity Related Terms

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

Capstead Mortgage (Capstead Mortgage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Capstead Mortgage Corp (NYSE:CMO) » Definitions » Debt-to-Equity

Comparable Companies

ARR IVR TRTX RWT RC DX GPMT ORC ACRE MFA NLY AGNC STWD BXMT NRZ CIM TWO ARI PMT BRMK

Traded in Other Exchanges

N/A

Address

8401 North Central Expressway, Suite 800, Dallas, TX, USA, 75225-4404

Website

http://www.capstead.com

Capstead Mortgage Corp is a self-managed real estate investment trust for federal income tax purposes. The company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.

Executives

Patsy Joseph Augustine	director	8401 N CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
Michelle P Goolsby	director	1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Mark S Whiting	director	C/O TRINET CORPORATE REALTY TRUST INC, FOUR EMBARCADERO CENTER #3150, SAN FRANCISCO CA 94111
Christopher W Mahowald	director	OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY STE. 350, ANN ARBOR MI 48108
Michael G Oneil	director	8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Gary Keiser	director	8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Jack Biegler	director	8401 NORTH CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
John L Bernard	director	2815 BRODERICK STREET, SAN FRANCISCO CA 94123
Phillip A Reinsch	director, officer: President & CEO	8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Lance Phillips	officer: Chief Financial Officer	1807 ROSS AVE., 4TH FLOOR, DALLAS TX 75201
Roy Kim	officer: Senior Vice President	5929 GLENDORA AVE, DALLAS TX 75230
Spears Robert R Jr	officer: EVP & CIO	8401 N CENTRAL EXPRESSWAY STE 800, DALLAS TX 75225
Andrew F Jacobs	officer: CEO & President	8401 N CENTRAL EXPRESSWAY STE 800, DALLAS TX 75225
Mike Brown	officer: Senior VP	8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Paul M Low	other: Retired Director