GPMT
Price:
$3.52
Market Cap:
$175.85M
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 1.34. This represents a change of -78.22% compared to the average of 6.15 of the last 4 quarters.
The mean historical Current Ratio of Granite Point Mortgage Trust Inc. over the last ten years is 4.93. The current 1.34 Current Ratio has changed 2.62% 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
4.93
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 = -97.85%
Minimum Annual Current Ratio = 0.06
Year | Current Ratio | Change |
---|---|---|
2023 | 0.75 | -97.85% |
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 less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
12.06
5-year avg
7.71
10-year avg
4.93
Granite Point Mortgage Trust Inc.’s Current Ratio is less 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), less 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 | $1.14B | |
0.24 | $224.53M | |
0 | $1.22B | |
0.13 | $1.17B | |
0.88 | $1.19B | |
0.18 | $1.04B | |
0 | $619.48M | |
0 | $497.99M | |
0 | $541.66M | |
2.42 | $55.53M | |
0.05 | $194.69M | |
0 | $137.08M | |
0 | $1.25B | |
0.41 | $0 |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Granite Point Mortgage Trust Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Granite Point Mortgage Trust Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Granite Point Mortgage Trust Inc.'s Current Ratio?
How is the Current Ratio calculated for Granite Point Mortgage Trust Inc. (GPMT)?
What is the highest Current Ratio for Granite Point Mortgage Trust Inc. (GPMT)?
What is the 3-year average Current Ratio for Granite Point Mortgage Trust Inc. (GPMT)?
What is the 5-year average Current Ratio for Granite Point Mortgage Trust Inc. (GPMT)?
How does the current Current Ratio for Granite Point Mortgage Trust Inc. (GPMT) compare to its historical average?