Granite Debt Ratio from 2010 to 2024

GPMT Stock  USD 3.58  0.11  3.17%   
Granite Point Debt Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Ratio will likely drop to 0.27 in 2024. From the period from 2010 to 2024, Granite Point Debt Ratio quarterly data regression had r-value of  0.55 and coefficient of variation of  37.42. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.37784464
Current Value
0.27
Quarterly Volatility
0.1115843
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Granite Point financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Granite Point's main balance sheet or income statement drivers, such as Tax Provision of 116.2 K, Interest Expense of 98.9 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 1.09, Dividend Yield of 0.2 or PTB Ratio of 0.34. Granite financial statements analysis is a perfect complement when working with Granite Point Valuation or Volatility modules.
  
Check out the analysis of Granite Point Correlation against competitors.

Latest Granite Point's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Granite Point Mortgage over the last few years. It is Granite Point's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Granite Point's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Granite Debt Ratio Regression Statistics

Arithmetic Mean0.30
Geometric Mean0.28
Coefficient Of Variation37.42
Mean Deviation0.09
Median0.27
Standard Deviation0.11
Sample Variance0.01
Range0.4698
R-Value0.55
Mean Square Error0.01
R-Squared0.30
Significance0.03
Slope0.01
Total Sum of Squares0.17

Granite Debt Ratio History

2023 0.38
2022 0.41
2021 0.57
2020 0.36
2019 0.33
2018 0.27
2017 0.0971

Other Fundumenentals of Granite Point Mortgage

Granite Point Debt Ratio component correlations

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0.820.80.83-0.270.78-0.70.810.780.560.610.7-0.660.350.61-0.780.570.530.80.820.840.82
0.90.850.81-0.21.0-0.550.810.820.630.80.61-0.580.310.56-0.780.770.450.730.980.90.84
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0.280.380.330.070.32-0.380.350.310.420.420.330.28-0.18-0.08-0.310.090.160.420.320.350.47
0.410.30.240.20.54-0.050.610.560.330.10.10.24-0.24-0.08-0.250.160.050.190.50.290.29
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0.910.910.86-0.260.77-0.410.570.770.670.40.930.78-0.690.090.16-0.870.740.560.80.80.66
0.740.80.79-0.330.44-0.460.530.450.590.40.750.91-0.610.160.05-0.90.740.450.510.60.47
0.670.740.85-0.520.71-0.910.80.730.740.850.630.66-0.540.420.19-0.70.560.450.760.80.93
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0.910.90.9-0.40.89-0.710.840.90.840.650.860.66-0.710.350.29-0.870.80.60.80.920.86
0.770.820.85-0.540.83-0.870.820.840.780.850.70.66-0.590.470.29-0.740.660.470.930.880.86
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About Granite Point Financial Statements

Granite Point shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although Granite Point investors may analyze each financial statement separately, they are all interrelated. The changes in Granite Point's assets and liabilities, for example, are also reflected in the revenues and expenses on on Granite Point's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Ratio 0.38  0.27 
Cash Flow To Debt Ratio 0.05  0.05 

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Additional Tools for Granite Stock Analysis

When running Granite Point's price analysis, check to measure Granite Point'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 Granite Point is operating at the current time. Most of Granite Point's value examination focuses on studying past and present price action to predict the probability of Granite Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Granite Point's price. Additionally, you may evaluate how the addition of Granite Point to your portfolios can decrease your overall portfolio volatility.