GPMT
Price:
$2.935
Market Cap:
$146.63M
Granite Point Mortgage Trust Inc., a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. As of December 31, 2021, its investment portfolio includes 105 commercial real estate loan investments. Granite Point Mortgage Trust Inc. was founded in 2015 and is headquartered i...[Read more]
Industry
REIT - Mortgage
IPO Date
2017-06-26
Stock Exchange
NYSE
Ticker
GPMT
According to Granite Point Mortgage Trust Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 19.48. This represents a change of 82.25% compared to the average of 10.69 of the last 4 quarters.
The mean historical Current Ratio of Granite Point Mortgage Trust Inc. over the last ten years is 5.07. The current 19.48 Current Ratio has changed 38.32% with respect to the historical average. Over the past ten years (40 quarters), GPMT's Current Ratio was at its highest in in the June 2022 quarter at 66.62. The Current Ratio was at its lowest in in the December 2023 quarter at -0.14.
Average
5.07
Median
0.45
Minimum
0.06
Maximum
34.97
Discovering the peaks and valleys of Granite Point Mortgage 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 = 7.68%
Maximum Annual Current Ratio = 34.97
Minimum Annual Increase = -94.15%
Minimum Annual Current Ratio = 0.06
Year | Current Ratio | Change |
---|---|---|
2023 | 2.05 | -94.15% |
2022 | 34.97 | 7.68% |
2021 | 0.45 | 75.35% |
2020 | 0.26 | -87.91% |
2019 | 2.12 | -60.79% |
2018 | 5.40 | 7.53% |
2017 | 0.07 | 11.15% |
2016 | 0.06 | -75.05% |
The current Current Ratio of Granite Point Mortgage Trust Inc. (GPMT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
12.49
5-year avg
7.97
10-year avg
5.07
Granite Point Mortgage Trust Inc.’s Current Ratio is greater than MFA Financial, Inc. (2.28), greater than Angel Oak Mortgage, Inc. (0.24), greater than Two Harbors Investment Corp. (0), greater than PennyMac Mortgage Investment Trust (0.13), greater than Chimera Investment Corporation (0.88), greater than ARMOUR Residential REIT, Inc. (0.18), greater than Orchid Island Capital, Inc. (0), greater than Invesco Mortgage Capital Inc. (0), greater than New York Mortgage Trust, Inc. (0), greater than Western Asset Mortgage Capital Corporation (2.42), greater than Ellington Residential Mortgage REIT (0.05), greater than Arlington Asset Investment Corp. (0), less than Ready Capital Corporation (0), greater than null (0.41),
Company | Current Ratio | Market cap |
---|---|---|
2.28 | $1.07B | |
0.24 | $217.48M | |
0 | $1.22B | |
0.13 | $1.10B | |
0.88 | $1.15B | |
0.18 | $1.05B | |
0 | $617.51M | |
0 | $503.45M | |
0 | $523.10M | |
2.42 | $55.53M | |
0.05 | $193.88M | |
0 | $137.08M | |
0 | $1.22B | |
0.41 | $0 |
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