Ag Mortgage Investment Stock Current Ratio

MITT Stock

USD 6.83 0.02 0.29%

AG Mortgage Investment fundamentals help investors to digest information that contributes to AG Mortgage's financial success or failures. It also enables traders to predict the movement of MITT Stock. The fundamental analysis module provides a way to measure AG Mortgage's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to AG Mortgage stock.

		Last Reported	Projected for Next Year
	Current Ratio	0.20	0.19

Current Ratio is likely to drop to 0.19 in 2024.

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AG Mortgage Investment Company Current Ratio Analysis

AG Mortgage's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current AG Mortgage Current Ratio

4.00 X

Most of AG Mortgage's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, AG Mortgage Investment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

MITT Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for AG Mortgage is extremely important. It helps to project a fair market value of MITT Stock properly, considering its historical fundamentals such as Current Ratio. Since AG Mortgage's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of AG Mortgage's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of AG Mortgage's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Short Term Debt	Net Invested Capital	Capital Stock	Current Deferred Revenue
Total Assets		0.59	0.59	-0.23	0.1	0.57	0.51	0.16	0.99	0.66	0.21	0.33	-0.15	0.5	0.51	-0.32	-0.29	-0.21	0.54	0.27	0.54
Total Stockholder Equity	0.59		-0.02	0.27	-0.01	-0.04	0.44	0.13	0.49	0.3	0.3	0.6	0.35	0.06	-0.16	0.03	0.04	0.06	-0.15	0.0	-0.19
Net Debt	0.59	-0.02		-0.72	-0.12	1.0	-0.05	-0.04	0.62	0.32	0.43	0.2	-0.55	0.94	0.77	-0.67	-0.82	-0.6	0.93	0.72	0.83
Retained Earnings	-0.23	0.27	-0.72		0.02	-0.75	0.23	-0.07	-0.28	-0.21	-0.03	-0.34	0.95	-0.68	-0.85	0.72	0.81	0.75	-0.75	-0.72	-0.67
Accounts Payable	0.1	-0.01	-0.12	0.02		-0.07	0.72	-0.24	0.11	0.27	-0.06	0.18	-0.19	-0.09	0.0	0.03	-0.02	-0.11	-0.08	0.05	-0.01
Long Term Debt	0.57	-0.04	1.0	-0.75	-0.07		-0.05	-0.07	0.61	0.33	0.42	0.23	-0.59	0.95	0.78	-0.67	-0.85	-0.63	0.93	0.75	0.83
Net Receivables	0.51	0.44	-0.05	0.23	0.72	-0.05		0.04	0.49	0.48	-0.08	0.11	0.13	-0.09	-0.06	0.07	0.16	0.19	0.0	-0.18	0.03
Short Term Investments	0.16	0.13	-0.04	-0.07	-0.24	-0.07	0.04		0.16	0.1	-0.13	-0.09	-0.07	-0.09	0.01	-0.18	0.09	0.01	0.01	-0.18	-0.01
Total Liab	0.99	0.49	0.62	-0.28	0.11	0.61	0.49	0.16		0.68	0.18	0.25	-0.22	0.52	0.58	-0.34	-0.31	-0.23	0.59	0.27	0.59
Total Current Assets	0.66	0.3	0.32	-0.21	0.27	0.33	0.48	0.1	0.68		-0.15	0.13	-0.21	0.25	0.38	-0.19	-0.15	-0.22	0.33	0.19	0.38
Intangible Assets	0.21	0.3	0.43	-0.03	-0.06	0.42	-0.08	-0.13	0.18	-0.15		0.29	0.07	0.61	0.02	-0.09	-0.55	-0.16	0.26	0.28	-0.01
Common Stock	0.33	0.6	0.2	-0.34	0.18	0.23	0.11	-0.09	0.25	0.13	0.29		-0.33	0.26	0.16	-0.43	-0.41	-0.47	0.09	0.43	0.11
Net Tangible Assets	-0.15	0.35	-0.55	0.95	-0.19	-0.59	0.13	-0.07	-0.22	-0.21	0.07	-0.33		-0.51	-0.81	0.66	0.72	0.71	-0.62	-0.58	-0.58
Long Term Debt Total	0.5	0.06	0.94	-0.68	-0.09	0.95	-0.09	-0.09	0.52	0.25	0.61	0.26	-0.51		0.73	-0.6	-0.92	-0.65	0.81	0.79	0.61
Capital Surpluse	0.51	-0.16	0.77	-0.85	0.0	0.78	-0.06	0.01	0.58	0.38	0.02	0.16	-0.81	0.73		-0.61	-0.73	-0.68	0.76	0.66	0.69
Long Term Investments	-0.32	0.03	-0.67	0.72	0.03	-0.67	0.07	-0.18	-0.34	-0.19	-0.09	-0.43	0.66	-0.6	-0.61		0.66	0.82	-0.55	-0.73	-0.63
Short Long Term Debt	-0.29	0.04	-0.82	0.81	-0.02	-0.85	0.16	0.09	-0.31	-0.15	-0.55	-0.41	0.72	-0.92	-0.73	0.66		0.78	-0.72	-0.81	-0.5
Short Term Debt	-0.21	0.06	-0.6	0.75	-0.11	-0.63	0.19	0.01	-0.23	-0.22	-0.16	-0.47	0.71	-0.65	-0.68	0.82	0.78		-0.41	-0.91	-0.44
Net Invested Capital	0.54	-0.15	0.93	-0.75	-0.08	0.93	0.0	0.01	0.59	0.33	0.26	0.09	-0.62	0.81	0.76	-0.55	-0.72	-0.41		0.5	0.89
Capital Stock	0.27	0.0	0.72	-0.72	0.05	0.75	-0.18	-0.18	0.27	0.19	0.28	0.43	-0.58	0.79	0.66	-0.73	-0.81	-0.91	0.5		0.48
Current Deferred Revenue	0.54	-0.19	0.83	-0.67	-0.01	0.83	0.03	-0.01	0.59	0.38	-0.01	0.11	-0.58	0.61	0.69	-0.63	-0.5	-0.44	0.89	0.48

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MITT Current Ratio Historical Pattern

Today, most investors in AG Mortgage Stock are looking for potential investment opportunities by analyzing not only static indicators but also various AG Mortgage's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of AG Mortgage current ratio as a starting point in their analysis.

AG Mortgage Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict AG Mortgage

Current Ratio Over Time

MITT Discontinued Operations

Discontinued Operations

804,195

At this time, AG Mortgage's Discontinued Operations is comparatively stable compared to the past year.

In accordance with the recently published financial statements, AG Mortgage Investment has a Current Ratio of 4.0 times. This is 25.39% higher than that of the Mortgage Real Estate Investment Trusts (REITs) sector and significantly higher than that of the Financials industry. The current ratio for all United States stocks is 85.19% lower than that of the firm.

MITT Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AG Mortgage's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AG Mortgage could also be used in its relative valuation, which is a method of valuing AG Mortgage by comparing valuation metrics of similar companies.

AG Mortgage is currently under evaluation in current ratio category among its peers.

AG Mortgage Current Valuation Drivers

We derive many important indicators used in calculating different scores of AG Mortgage from analyzing AG Mortgage's financial statements. These drivers represent accounts that assess AG Mortgage's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of AG Mortgage's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	452.3M	496.4M	103.8M	121.5M	134.0M	127.3M
Enterprise Value	531.1M	3.3B	3.9B	474.2M	426.8M	405.4M

AG Mortgage ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, AG Mortgage's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to AG Mortgage's managers, analysts, and investors.

Environmental

Governance

Social

MITT Fundamentals

	Return On Equity	0.16
	Return On Asset	0.013
	Profit Margin	0.95 %
	Operating Margin	0.84 %
	Current Valuation	6.7 B
	Shares Outstanding	29.51 M
	Shares Owned By Insiders	6.52 %
	Shares Owned By Institutions	37.33 %
	Number Of Shares Shorted	483.38 K
	Price To Earning	3.12 X
	Price To Book	0.63 X
	Price To Sales	2.49 X
	Revenue	47.83 M
	Gross Profit	(9.07 M)
	EBITDA	248.56 M
	Net Income	53.78 M
	Cash And Equivalents	92.54 M
	Cash Per Share	4.11 X
	Total Debt	5.56 B
	Debt To Equity	7.06 %
	Current Ratio	4.00 X
	Book Value Per Share	10.84 X
	Cash Flow From Operations	28.13 M
	Short Ratio	2.64 X
	Earnings Per Share	2.38 X
	Price To Earnings To Growth	(6.53) X
	Target Price	15.79
	Beta	2.07
	Market Capitalization	200.96 M
	Total Asset	6.13 B
	Retained Earnings	(516.11 M)
	Working Capital	(1.94 B)
	Current Asset	132.33 M
	Current Liabilities	2.07 B
	Annual Yield	0.09 %
	Five Year Return	15.08 %
	Net Asset	6.13 B
	Last Dividend Paid	0.74

About AG Mortgage Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AG Mortgage Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AG Mortgage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AG Mortgage Investment based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for MITT Stock Analysis

When running AG Mortgage's price analysis, check to measure AG Mortgage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AG Mortgage is operating at the current time. Most of AG Mortgage's value examination focuses on studying past and present price action to predict the probability of AG Mortgage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AG Mortgage's price. Additionally, you may evaluate how the addition of AG Mortgage to your portfolios can decrease your overall portfolio volatility.

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