LOAN
Price:
$4.69
Market Cap:
$53.65M
Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The company's loans are primarily secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal c...[Read more]
Industry
REIT - Mortgage
IPO Date
1999-05-13
Stock Exchange
NASDAQ
Ticker
LOAN
According to Manhattan Bridge Capital, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 10.80 of the last 4 quarters.
The mean historical Current Ratio of Manhattan Bridge Capital, Inc. over the last ten years is 9.64. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), LOAN's Current Ratio was at its highest in in the December 2023 quarter at 1.24K. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
9.64
Median
1.92
Minimum
0.04
Maximum
82.46
Discovering the peaks and valleys of Manhattan Bridge Capital, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 8.02%
Maximum Annual Current Ratio = 82.46
Minimum Annual Increase = -98.40%
Minimum Annual Current Ratio = 0.04
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 82.46 | 2.05% |
| 2023 | 3.84 | 8.02% |
| 2022 | 0.05 | -7.54% |
| 2021 | 0.05 | 11.13% |
| 2020 | 0.05 | 22.96% |
| 2019 | 0.04 | -98.40% |
| 2018 | 2.34 | -6.56% |
| 2017 | 2.51 | -30.84% |
| 2016 | 3.62 | 143.34% |
| 2015 | 1.49 | -18.91% |
The current Current Ratio of Manhattan Bridge Capital, Inc. (LOAN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
28.78
5-year avg
17.29
10-year avg
9.64
Manhattan Bridge Capital, Inc.’s Current Ratio is less than Sachem Capital Corp. (0.33), less than Sachem Capital Corp. 8.00% Note (0.33), less than Clipper Realty Inc. (1.39), less than Global Self Storage, Inc. (0), less than Sachem Capital Corp. 7.125% Not (3.74), less than Lument Finance Trust, Inc. (0.33), less than Cherry Hill Mortgage Investment Corporation (8.00), less than Fathom Holdings Inc. (0.38), less than Bluerock Homes Trust, Inc. (1.20), less than null (203.43),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.33 | $49.41M | |
| 0.33 | $1.12B | |
| 1.39 | $56.03M | |
| 0 | $57.37M | |
| 3.74 | $1.11B | |
| 0.33 | $78.54M | |
| 8.00 | $90.38M | |
| 0.38 | $39.19M | |
| 1.20 | $38.27M | |
| 203.43 | $0 |
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