AG Mortgage Financials

MITN Stock   25.36  0.04  0.16%   
Based on the measurements of operating efficiency obtained from AG Mortgage's historical financial statements, AG Mortgage Investment may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. At this time, AG Mortgage's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 7th of January 2025, Short Term Debt is likely to grow to about 1.2 B, while Other Current Liabilities is likely to drop (695.1 M). Key indicators impacting AG Mortgage's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio8.718.3
Sufficiently Up
Slightly volatile
Current Ratio3.323.89
Fairly Down
Slightly volatile
The financial analysis of AG Mortgage is a critical element in measuring its lifeblood. Investors should not minimize AG Mortgage's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

50.83 Million

  

AG Mortgage Stock Summary

AG Mortgage competes with Flexible Solutions, DHI, Uber Technologies, Where Food, and Western Copper. AG Mortgage is entity of United States. It is traded as Stock on NYSE exchange.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CUSIP001228600
IndustryTrading
BenchmarkDow Jones Industrial

AG Mortgage Key Financial Ratios

AG Mortgage Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets510.9M1.8B621.2M6.1B7.0B7.4B
Other Current Liab(413.6M)(989.0M)(3.2B)(735.6M)(662.0M)(695.1M)
Net Debt(42.8M)(95.7M)(93.8M)4.8B5.5B5.7B
Retained Earnings409.7M570.4M462.8M(516.1M)(464.5M)(441.3M)
Cash62.3M100.2M98.8M111.5M128.3M97.8M
Other Assets(889.1M)(1.6B)(3.7B)(5.4B)(6.2B)(6.5B)
Net Receivables3.9M16.1M21.4M30.6M27.5M17.5M
Other Current Assets1.4B3.4B4.4B(156.1M)(140.5M)(133.5M)
Total Liab414K239K212K5.6B6.4B6.8B
Total Current Assets47.9M68.1M84.6M111.5M100.4M95.4M
Short Term Debt418.3M999.2M3.3B767.6M882.7M1.2B
Inventory(1.4B)(3.4B)(4.4B)(6.2B)(5.6B)(5.8B)
Common Stock138K239K212K294K338.1K266.2K

AG Mortgage Key Income Statement Accounts

202020212022202320242025 (projected)
Total Revenue(181.3M)67.5M256.8M274.7M315.9M331.7M
Gross Profit(193.9M)53.9M239.5M257.2M295.8M310.6M
Operating Income(393.2M)86.4M(17.2M)248.6M223.7M234.9M
Ebit(230.6M)38.8M(71.7M)(36.6M)(32.9M)(31.3M)
Research Development0.612.321.070.170.20.18
Ebitda(37.5M)(552K)92.6M248.6M223.7M234.9M
Cost Of Revenue12.7M13.6M17.3M17.5M20.1M14.1M
Income Before Tax(374.3M)106.9M92.6M55.2M49.7M58.5M
Net Income(420.0M)72.3M(42.8M)53.8M48.4M50.8M
Income Tax Expense(374.3M)106.9M92.6M248.6M285.8M300.1M

MITN Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining AG Mortgage's current stock value. Our valuation model uses many indicators to compare AG Mortgage value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AG Mortgage competition to find correlations between indicators driving AG Mortgage's intrinsic value. More Info.
AG Mortgage Investment is rated top company in revenue category among its peers. It also is considered to be number one stock in ebitda category among its peers totaling about  0.90  of EBITDA per Revenue. The ratio of Revenue to EBITDA for AG Mortgage Investment is roughly  1.11 . At this time, AG Mortgage's Total Revenue is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AG Mortgage's earnings, one of the primary drivers of an investment's value.

AG Mortgage Investment Systematic Risk

AG Mortgage's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. AG Mortgage volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on AG Mortgage Investment correlated with the market. If Beta is less than 0 AG Mortgage generally moves in the opposite direction as compared to the market. If AG Mortgage Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AG Mortgage Investment is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AG Mortgage is generally in the same direction as the market. If Beta > 1 AG Mortgage moves generally in the same direction as, but more than the movement of the benchmark.

AG Mortgage Thematic Clasifications

AG Mortgage Investment is part of Diversified Assets investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All types of close end funds. Pablicly traded close-end funds and other entities backed by different types of diversified investments
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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 decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of AG Mortgage growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0568)

At this time, AG Mortgage's Price Earnings To Growth Ratio is very stable compared to the past year.

AG Mortgage January 7, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of AG Mortgage help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of AG Mortgage Investment. We use our internally-developed statistical techniques to arrive at the intrinsic value of AG Mortgage Investment based on widely used predictive technical indicators. In general, we focus on analyzing MITN Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AG Mortgage's daily price indicators and compare them against related drivers.
When determining whether AG Mortgage Investment is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MITN Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ag Mortgage Investment Stock. Highlighted below are key reports to facilitate an investment decision about Ag Mortgage Investment Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in AG Mortgage Investment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AG Mortgage. If investors know MITN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AG Mortgage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of AG Mortgage Investment is measured differently than its book value, which is the value of MITN that is recorded on the company's balance sheet. Investors also form their own opinion of AG Mortgage's value that differs from its market value or its book value, called intrinsic value, which is AG Mortgage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AG Mortgage's market value can be influenced by many factors that don't directly affect AG Mortgage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AG Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if AG Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AG Mortgage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.