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Western Asset Mortgage Capital (Western Asset Mortgage Capital) Equity-to-Asset : 0.04 (As of Sep. 2023)


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What is Western Asset Mortgage Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Western Asset Mortgage Capital's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $77.99 Mil. Western Asset Mortgage Capital's Total Assets for the quarter that ended in Sep. 2023 was $2,235.78 Mil. Therefore, Western Asset Mortgage Capital's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.04.

The historical rank and industry rank for Western Asset Mortgage Capital's Equity-to-Asset or its related term are showing as below:

WMC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.11   Max: 0.15
Current: 0.04

During the past 12 years, the highest Equity to Asset Ratio of Western Asset Mortgage Capital was 0.15. The lowest was 0.04. And the median was 0.11.

WMC's Equity-to-Asset is not ranked
in the REITs industry.
Industry Median: 0.57 vs WMC: 0.04

Western Asset Mortgage Capital Equity-to-Asset Historical Data

The historical data trend for Western Asset Mortgage Capital's Equity-to-Asset 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.

Western Asset Mortgage Capital Equity-to-Asset Chart

Western Asset Mortgage Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.08 0.07 0.04

Western Asset Mortgage Capital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset 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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Western Asset Mortgage Capital's Equity-to-Asset

For the REIT - Mortgage subindustry, Western Asset Mortgage Capital's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Western Asset Mortgage Capital's Equity-to-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Western Asset Mortgage Capital's Equity-to-Asset falls into.



Western Asset Mortgage Capital Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Western Asset Mortgage Capital's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=94.804/2453.234
=0.04

Western Asset Mortgage Capital's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=77.986/2235.776
=0.03

* 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.


Western Asset Mortgage Capital  (NYSE:WMC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Western Asset Mortgage Capital Equity-to-Asset Related Terms

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


Western Asset Mortgage Capital (Western Asset Mortgage Capital) Business Description

Traded in Other Exchanges
N/A
Address
385 East Colorado Boulevard, Pasadena, CA, USA, 91101
Western Asset Mortgage Capital Corp is a specialty financial REIT company managing diversified mortgage-market investment portfolio. The corporation is externally managed by Western Asset Management Company and emphasizes on undervalued assets. It focuses on investing in, financing and managing majorly residential mortgage-backed securities, while its core focus is on Agency RMBS. The company aims to provide attractive risk-adjusted returns to its investors over the long-term across market conditions and economic cycles.
Executives
Robert W. Lehman officer: Chief Financial Officer C/O WESTERN ASSET MORTGAGE CAPITAL CORP, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Sean O. Johnson officer: Deputy CIO C/O WESTERN ASSET MORTGAGE CAPITAL CORP., 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Greg E. Handler officer: Chief Investment Officer C/O WESTERN ASSET MORTGAGE CAPITAL CORP., 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Elliott Neumayer officer: Chief Operating Officer 385 EAST COLORADO BLVD, PASADENA CA 91101
Bonnie M. Wongtrakool director, officer: Chief Executive Officer C/O WESTERN ASSET MORTGAGE CAPITAL CORP, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Lisa Meyer officer: Chief Financial Officer C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Morgan Donald E Iii 10 percent owner C/O BRIGADE CAPITAL MANAGEMENT, LLC, 717 FIFTH AVENUE, SUITE 1301, NEW YORK NY 10022
Brigade Capital Management, Lp 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Brigade Capital Management Gp, Llc 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Lisa G Quateman director C/O WESTERN ASSET MORTGAGE CAPITAL CORP., 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Jennifer Murphy officer: President and CEO LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Harris Trifon officer: Chief Investment Officer C/O WESTERN ASSET MORTGAGE CAPITAL CORP., 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Dennis Joseph Mcnamara officer: Co-Chief Investment Officer 385 E. COLORADO BLVD., PASADENA CA 91101
M Christian Mitchell director 355 S. GRAND AVE, SUITE 1750, LOS ANGELES CA 90071
Richard W Roll director C/O WESTERN ASSET MORTGAGE CAPITAL CORP, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101

Western Asset Mortgage Capital (Western Asset Mortgage Capital) Headlines

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