MITP
Price:
$25.53
Market Cap:
$225.49M
TPG Mortgage Investment Trust Inc functions as a Real Estate Investment Trust (REIT). The company's primary objective is to acquire, manage, and invest in a broad portfolio of what it terms 'target assets,' which include residential mortgage assets, other real estate-related securities, and various financial instruments. A significant portion of its investments also targets residential mortgage-backed securities (RMBS) that are either issued or guaranteed by a government-sponsored enterprise (GSE).
Industry
REIT - Mortgage
IPO Date
2024-05-20
Stock Exchange
NYSE
Ticker
MITP
According to TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029’s latest financial reports and current stock price. The company's current Current Ratio is 0.14. This represents a change of -78.61% compared to the average of 0.67 of the last 4 quarters.
The mean historical Current Ratio of TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 over the last ten years is 7.53. The current 0.14 Current Ratio has changed 89.92% with respect to the historical average. Over the past ten years (40 quarters), MITP's Current Ratio was at its highest in in the March 2017 quarter at 90.02. The Current Ratio was at its lowest in in the December 2019 quarter at 0.
Average
7.53
Median
2.18
Minimum
0
Maximum
35.53
Discovering the peaks and valleys of TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 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 = 0%
Maximum Annual Current Ratio = 35.53
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.09 | -98.91% |
| 2024 | 8.51 | Infinity% |
| 2023 | 0 | 0% |
| 2022 | 0 | -100.00% |
| 2021 | 1.53 | -82.59% |
| 2020 | 8.82 | Infinity% |
| 2019 | 0 | -100.00% |
| 2018 | 2.83 | -84.27% |
| 2017 | 17.99 | -49.36% |
| 2016 | 35.53 | 6.13% |
The current Current Ratio of TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (MITP) 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
2.87
5-year avg
2.03
10-year avg
7.53
TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029’s Current Ratio is less than TPG Mortgage Investment Trust Inc (0.14), greater than Redwood Trust, Inc. (0), less than Sachem Capital Corp. (0.89), less than Franklin BSP Realty Trust, Inc. (0.22), less than TPG RE Finance Trust, Inc. (0.44), less than Two Harbors Investment Corp. (0.84), less than MFA Financial, Inc. (4.57), greater than Granite Point Mortgage Trust Inc. (0.05), less than Saul Centers, Inc. (0.35), less than NexPoint Residential Trust, Inc. (0.33),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.14 | $225.49M | |
| 0 | $583.51M | |
| 0.89 | $38.61M | |
| 0.22 | $595.69M | |
| 0.44 | $632.38M | |
| 0.84 | $1.27B | |
| 4.57 | $939.26M | |
| 0.05 | $64.69M | |
| 0.35 | $850.16M | |
| 0.33 | $673.79M |
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