ARMOUR Residential REIT (FRA:2AR) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is ARMOUR Residential REIT LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. ARMOUR Residential REIT's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

ARMOUR Residential REIT's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

ARMOUR Residential REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for ARMOUR Residential REIT's LT-Debt-to-Total-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.

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ARMOUR Residential REIT LT-Debt-to-Total-Asset Chart

ARMOUR Residential REIT Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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ARMOUR Residential REIT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

ARMOUR Residential REIT LT-Debt-to-Total-Asset Calculation

ARMOUR Residential REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0	/	11319.81
	=	0.00

ARMOUR Residential REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	0	/	11231.634
	=	0.00

ARMOUR Residential REIT (FRA:2AR) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

ARMOUR Residential REIT LT-Debt-to-Total-Asset Related Terms

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ARMOUR Residential REIT (FRA:2AR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ARMOUR Residential REIT Inc (FRA:2AR) » Definitions » LT-Debt-to-Total-Asset

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Address

3001 Ocean Drive, Suite 201, Vero Beach, FL, USA, 32963

Website

http://www.armourreit.com

ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.

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