MITT Non Current Assets Total vs Operating Income Analysis

MITT Stock

USD 7.25 0.20 2.84%

AG Mortgage financial indicator trend analysis is way more than just evaluating AG Mortgage Investment prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AG Mortgage Investment is a good investment. Please check the relationship between AG Mortgage Non Current Assets Total and its Operating Income accounts. 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.

Non Current Assets Total vs Operating Income

Non Current Assets Total vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AG Mortgage Investment Non Current Assets Total account and Operating Income. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between AG Mortgage's Non Current Assets Total and Operating Income is 0.41. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Operating Income in the same time period over historical financial statements of AG Mortgage Investment, assuming nothing else is changed. The correlation between historical values of AG Mortgage's Non Current Assets Total and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of AG Mortgage Investment are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Non Current Assets Total i.e., AG Mortgage's Non Current Assets Total and Operating Income go up and down completely randomly.

Correlation Coefficient

0.41

Relationship Direction	Positive
Relationship Strength	Weak

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Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Operating Income

Operating Income is the amount of profit realized from AG Mortgage Investment operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of AG Mortgage Investment is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from AG Mortgage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AG Mortgage Investment current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

At this time, AG Mortgage's Discontinued Operations is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 28.90 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.04 in 2024.

	2021	2022	2023	2024 (projected)
Interest Income	70.7M	180.3M	240.1M	157.5M
Net Interest Income	43.4M	61.4M	46.9M	53.0M

Interest Income Net Interest Income

AG Mortgage fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Preferred Stock Total Equity	Total Current Assets
Total Assets		0.92	-0.6	-0.3	0.59	0.02	0.59	-0.23	0.1	0.68	0.13	-0.33	0.54	0.57	0.66	0.51	0.31	-0.18	0.62	0.16	0.0	-0.6	0.83	0.99	0.63	0.66
Short Long Term Debt Total	0.92		-0.53	-0.25	0.45	-0.17	0.66	-0.39	0.02	0.64	-0.09	-0.33	0.64	0.65	0.63	0.41	0.2	-0.36	0.72	0.07	-0.05	-0.69	0.61	0.93	0.63	0.61
Other Current Liab	-0.6	-0.53		0.83	-0.78	-0.17	-0.3	0.34	-0.08	-0.37	-0.22	0.46	-0.24	-0.31	-0.35	-0.31	-0.88	0.35	-0.59	-0.22	-0.02	0.43	-0.63	-0.53	-0.89	-0.35
Total Current Liabilities	-0.3	-0.25	0.83		-0.78	-0.33	0.14	0.01	0.05	-0.11	-0.46	0.63	0.22	0.14	-0.15	-0.23	-0.67	0.05	-0.34	-0.42	-0.13	0.02	-0.4	-0.22	-0.62	-0.17
Total Stockholder Equity	0.59	0.45	-0.78	-0.78		0.48	-0.02	0.27	-0.01	0.35	0.72	-0.56	-0.18	-0.04	0.21	0.44	0.6	0.26	0.15	0.13	0.16	-0.13	0.59	0.49	0.58	0.3
Other Liab	0.02	-0.17	-0.17	-0.33	0.48		-0.55	0.6	0.48	0.34	0.78	-0.08	-0.62	-0.53	0.14	0.51	0.24	0.52	-0.46	-0.19	0.54	0.36	0.01	-0.04	-0.05	0.35
Net Debt	0.59	0.66	-0.3	0.14	-0.02	-0.55		-0.72	-0.12	0.3	-0.56	0.13	0.9	1.0	0.39	-0.05	0.2	-0.65	0.71	-0.04	-0.29	-0.79	0.47	0.62	0.54	0.31
Retained Earnings	-0.23	-0.39	0.34	0.01	0.27	0.6	-0.72		0.02	-0.16	0.83	-0.1	-0.82	-0.75	-0.33	0.23	-0.36	0.98	-0.82	-0.07	0.2	0.64	-0.17	-0.28	-0.59	-0.21
Accounts Payable	0.1	0.02	-0.08	0.05	-0.01	0.48	-0.12	0.02		0.53	0.15	-0.1	-0.06	-0.07	0.41	0.72	0.17	-0.09	-0.15	-0.24	-0.17	-0.3	-0.11	0.11	0.04	0.27
Cash	0.68	0.64	-0.37	-0.11	0.35	0.34	0.3	-0.16	0.53		0.08	-0.28	0.37	0.31	0.9	0.72	0.19	-0.19	0.35	-0.05	0.15	-0.56	0.42	0.69	0.42	0.87
Non Current Assets Total	0.13	-0.09	-0.22	-0.46	0.72	0.78	-0.56	0.83	0.15	0.08		-0.36	-0.72	-0.58	-0.11	0.43	0.16	0.79	-0.51	0.0	0.27	0.39	0.17	0.04	-0.07	0.03
Non Currrent Assets Other	-0.33	-0.33	0.46	0.63	-0.56	-0.08	0.13	-0.1	-0.1	-0.28	-0.36		0.13	0.15	-0.38	-0.43	-0.19	-0.06	-0.24	-0.56	0.28	0.3	-0.27	-0.28	-0.37	-0.13
Other Assets	0.54	0.64	-0.24	0.22	-0.18	-0.62	0.9	-0.82	-0.06	0.37	-0.72	0.13		0.9	0.48	-0.01	0.12	-0.74	0.75	0.04	-0.22	-0.74	0.41	0.6	0.45	0.39
Long Term Debt	0.57	0.65	-0.31	0.14	-0.04	-0.53	1.0	-0.75	-0.07	0.31	-0.58	0.15	0.9		0.4	-0.05	0.23	-0.69	0.71	-0.07	-0.29	-0.8	0.45	0.61	0.56	0.32
Cash And Short Term Investments	0.66	0.63	-0.35	-0.15	0.21	0.14	0.39	-0.33	0.41	0.9	-0.11	-0.38	0.48	0.4		0.59	0.12	-0.33	0.55	0.3	0.08	-0.59	0.51	0.68	0.43	0.88
Net Receivables	0.51	0.41	-0.31	-0.23	0.44	0.51	-0.05	0.23	0.72	0.72	0.43	-0.43	-0.01	-0.05	0.59		0.1	0.19	-0.03	0.04	-0.09	-0.33	0.28	0.49	0.13	0.48
Common Stock Total Equity	0.31	0.2	-0.88	-0.67	0.6	0.24	0.2	-0.36	0.17	0.19	0.16	-0.19	0.12	0.23	0.12	0.1		-0.39	0.41	-0.01	0.04	-0.32	0.42	0.24	0.82	0.15
Retained Earnings Total Equity	-0.18	-0.36	0.35	0.05	0.26	0.52	-0.65	0.98	-0.09	-0.19	0.79	-0.06	-0.74	-0.69	-0.33	0.19	-0.39		-0.78	0.0	0.2	0.64	-0.06	-0.22	-0.6	-0.2
Common Stock Shares Outstanding	0.62	0.72	-0.59	-0.34	0.15	-0.46	0.71	-0.82	-0.15	0.35	-0.51	-0.24	0.75	0.71	0.55	-0.03	0.41	-0.78		0.38	-0.11	-0.64	0.58	0.65	0.77	0.45
Short Term Investments	0.16	0.07	-0.22	-0.42	0.13	-0.19	-0.04	-0.07	-0.24	-0.05	0.0	-0.56	0.04	-0.07	0.3	0.04	-0.01	0.0	0.38		-0.15	0.03	0.46	0.16	0.1	0.1
Inventory	0.0	-0.05	-0.02	-0.13	0.16	0.54	-0.29	0.2	-0.17	0.15	0.27	0.28	-0.22	-0.29	0.08	-0.09	0.04	0.2	-0.11	-0.15		0.52	0.03	-0.02	-0.07	0.5
Other Current Assets	-0.6	-0.69	0.43	0.02	-0.13	0.36	-0.79	0.64	-0.3	-0.56	0.39	0.3	-0.74	-0.8	-0.59	-0.33	-0.32	0.64	-0.64	0.03	0.52		-0.36	-0.62	-0.66	-0.33
Other Stockholder Equity	0.83	0.61	-0.63	-0.4	0.59	0.01	0.47	-0.17	-0.11	0.42	0.17	-0.27	0.41	0.45	0.51	0.28	0.42	-0.06	0.58	0.46	0.03	-0.36		0.81	0.58	0.51
Total Liab	0.99	0.93	-0.53	-0.22	0.49	-0.04	0.62	-0.28	0.11	0.69	0.04	-0.28	0.6	0.61	0.68	0.49	0.24	-0.22	0.65	0.16	-0.02	-0.62	0.81		0.59	0.67
Preferred Stock Total Equity	0.63	0.63	-0.89	-0.62	0.58	-0.05	0.54	-0.59	0.04	0.42	-0.07	-0.37	0.45	0.56	0.43	0.13	0.82	-0.6	0.77	0.1	-0.07	-0.66	0.58	0.59		0.38
Total Current Assets	0.66	0.61	-0.35	-0.17	0.3	0.35	0.31	-0.21	0.27	0.87	0.03	-0.13	0.39	0.32	0.88	0.48	0.15	-0.2	0.45	0.1	0.5	-0.33	0.51	0.67	0.38

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AG Mortgage Account Relationship Matchups

AG Mortgage fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.3B	1.4B	3.4B	4.4B	6.1B	3.9B
Short Long Term Debt Total	3.6B	982.3M	4.6B	3.9B	5.6B	3.3B
Other Current Liab	(123.6M)	(116.4M)	(3.9M)	(14.1M)	9.6M	9.1M
Total Current Liabilities	123.6M	116.4M	3.9M	14.1M	726.1M	762.4M
Total Stockholder Equity	849.0M	409.7M	570.4M	462.8M	528.4M	489.3M
Net Debt	3.4B	370.4M	2.7B	3.8B	5.5B	5.7B
Retained Earnings	(85.9M)	(518.1M)	(446.8M)	(536.5M)	(516.1M)	(490.3M)
Accounts Payable	12.0M	53.3M	3.9M	14.1M	23.9M	15.7M
Cash	81.7M	47.9M	68.1M	84.6M	111.5M	74.1M
Non Current Assets Total	3.6B	767.4M	606.5M	114.8M	226.8M	215.4M
Non Currrent Assets Other	(3.6B)	(767.4M)	(3.4B)	(4.4B)	(62.8M)	(65.9M)
Other Assets	627.0M	580.9M	2.7B	4.1B	5.8B	6.0B
Long Term Debt	3.5B	919.2M	2.8B	3.9B	5.6B	5.8B
Cash And Short Term Investments	81.7M	47.9M	68.1M	155.7M	111.5M	80.1M
Net Receivables	15.2M	3.9M	16.2M	21.4M	30.6M	19.8M
Common Stock Total Equity	287K	327K	414K	239K	274.9K	304.6K
Retained Earnings Total Equity	(100.9M)	(85.9M)	(518.1M)	(446.8M)	(402.1M)	(382.0M)
Common Stock Shares Outstanding	10.7M	11.7M	16.2M	22.9M	21.1M	12.4M
Short Term Investments	11.5M	2.3M	231K	71.1M	1.3M	1.3M
Liabilities And Stockholders Equity	4.3B	1.4B	3.4B	4.4B	6.1B	3.9B
Other Current Assets	(140.6M)	(66.2M)	(116.4M)	(120.2M)	(156.1M)	(148.3M)
Other Stockholder Equity	662.2M	279.2M	226.1M	778.6M	823.7M	595.1M
Total Liab	3.5B	990.3M	2.8B	3.9B	5.6B	3.2B
Total Current Assets	96.9M	51.8M	84.2M	155.7M	142.1M	102.0M
Intangible Assets	5.1M	26.7M	17.8M	3.2M	3.6M	6.0M
Common Stock	327K	414K	239K	212K	294K	300.6K
Net Tangible Assets	576.6M	171.2M	349.9M	242.3M	218.1M	360.2M
Long Term Debt Total	2.8B	3.5B	919.2M	2.8B	3.2B	3.4B
Non Current Liabilities Total	3.5B	355.2M	2.8B	14.1M	4.9B	5.1B
Capital Surpluse	595.4M	662.2M	688.9M	796.5M	915.9M	691.9M
Long Term Investments	574.1M	600.1M	2.7B	114.8M	62.8M	59.7M
Non Current Liabilities Other	45.2M	26.2M	18.8M	10.4M	9.3M	8.9M
Short Long Term Debt	3.0B	2.6M	111.5M	63.1M	56.8M	54.0M
Short Term Debt	111.5M	63.1M	1.8B	621.2M	692.5M	1.3B
Net Invested Capital	912.4M	589.5M	3.1B	4.1B	5.9B	6.2B
Capital Stock	272.8M	238.9M	220.7M	220.7M	220.8M	244.8M

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