MITT
Price:
$8.48
Market Cap:
$269.19M
TPG Mortgage Investment Trust Inc operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-qualifying mortgages loans, government-sponsored entity non-owner occupied loans, re/non-performing loans, land related financing, and agency residential mortgage-backed securities; and commercial investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, Ne...[Read more]
Industry
REIT - Mortgage
IPO Date
2011-06-30
Stock Exchange
NYSE
Ticker
MITT
According to TPG Mortgage Investment Trust Inc’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of 0% compared to the average of 0 of the last 4 quarters.
The mean historical Current Ratio of TPG Mortgage Investment Trust Inc over the last ten years is 10.87. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), MITT'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
10.87
Median
5.67
Minimum
0
Maximum
35.53
Discovering the peaks and valleys of TPG Mortgage Investment Trust 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 = 0%
Maximum Annual Current Ratio = 35.53
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 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% |
| 2015 | 33.48 | -23.45% |
The current Current Ratio of TPG Mortgage Investment Trust Inc (MITT) 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
2.84
5-year avg
3.77
10-year avg
10.87
TPG Mortgage Investment Trust Inc’s Current Ratio is less than Angel Oak Mortgage, Inc. (0.15), less than NexPoint Real Estate Finance, Inc. (0), less than Chicago Atlantic Real Estate Finance, Inc. (0), less than TPG Mortgage Investment Trust Inc 9.500% Senior Notes due 2029 (0), less than Ares Commercial Real Estate Corporation (0), less than ACRES Commercial Realty Corp. (0), less than Wheeler Real Estate Investment Trust, Inc. (3.31), less than Seven Hills Realty Trust (0), less than Seritage Growth Properties (9.12), less than Douglas Elliman Inc. (1.92),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.15 | $218.74M | |
| 0 | $263.35M | |
| 0 | $254.86M | |
| 0 | $799.96M | |
| 0 | $281.74M | |
| 0 | $130.27M | |
| 3.31 | $448.20K | |
| 0 | $132.87M | |
| 9.12 | $172.35M | |
| 1.92 | $230.93M |
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