Granite Point Mortgage Stock Total Asset

GPMT Stock

USD 3.52 0.05 1.44%

Granite Point Mortgage fundamentals help investors to digest information that contributes to Granite Point's financial success or failures. It also enables traders to predict the movement of Granite Stock. The fundamental analysis module provides a way to measure Granite Point's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Granite Point stock.

		Last Reported	Projected for Next Year
	Total Assets	2.8 B	3.3 B

Total Assets is likely to gain to about 3.3 B in 2024.

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Granite Point Mortgage Company Total Asset Analysis

Granite Point's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Granite Point Total Asset

2.85 B

Most of Granite Point's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Granite Point Mortgage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Granite Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Granite Point is extremely important. It helps to project a fair market value of Granite Stock properly, considering its historical fundamentals such as Total Asset. Since Granite Point's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Granite Point's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Granite Point's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt Total	Long Term Investments	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	0.91	-0.23	0.89	-0.52	0.82	0.9	0.86	0.48	0.93	0.82	-0.68	0.28	0.41	-0.95	0.91	0.74	0.67	0.9	0.91	0.77
Total Stockholder Equity	0.96		0.96	-0.28	0.84	-0.61	0.8	0.85	0.78	0.59	0.91	0.88	-0.8	0.38	0.3	-0.96	0.91	0.8	0.74	0.9	0.9	0.82
Net Tangible Assets	0.91	0.96		-0.36	0.8	-0.72	0.83	0.81	0.8	0.66	0.88	0.89	-0.77	0.33	0.24	-0.95	0.86	0.79	0.85	0.85	0.9	0.85
Current Deferred Revenue	-0.23	-0.28	-0.36		-0.19	0.78	-0.27	-0.2	-0.33	-0.66	-0.25	-0.24	0.17	0.07	0.2	0.34	-0.26	-0.33	-0.52	-0.3	-0.4	-0.54
Net Debt	0.89	0.84	0.8	-0.19		-0.53	0.78	1.0	0.81	0.62	0.8	0.59	-0.57	0.32	0.54	-0.76	0.77	0.44	0.71	0.98	0.89	0.83
Retained Earnings	-0.52	-0.61	-0.72	0.78	-0.53		-0.7	-0.55	-0.63	-0.89	-0.48	-0.55	0.47	-0.38	-0.05	0.62	-0.41	-0.46	-0.91	-0.62	-0.71	-0.87
Accounts Payable	0.82	0.8	0.83	-0.27	0.78	-0.7		0.81	0.78	0.56	0.61	0.7	-0.66	0.35	0.61	-0.78	0.57	0.53	0.8	0.82	0.84	0.82
Long Term Debt	0.9	0.85	0.81	-0.2	1.0	-0.55	0.81		0.82	0.63	0.8	0.61	-0.58	0.31	0.56	-0.78	0.77	0.45	0.73	0.98	0.9	0.84
Net Receivables	0.86	0.78	0.8	-0.33	0.81	-0.63	0.78	0.82		0.58	0.84	0.72	-0.32	0.42	0.33	-0.84	0.67	0.59	0.74	0.77	0.84	0.78
Short Term Investments	0.48	0.59	0.66	-0.66	0.62	-0.89	0.56	0.63	0.58		0.48	0.5	-0.39	0.42	0.1	-0.56	0.4	0.4	0.85	0.68	0.65	0.85
Total Liab	0.93	0.91	0.88	-0.25	0.8	-0.48	0.61	0.8	0.84	0.48		0.78	-0.56	0.33	0.1	-0.92	0.93	0.75	0.63	0.8	0.86	0.7
Deferred Long Term Liab	0.82	0.88	0.89	-0.24	0.59	-0.55	0.7	0.61	0.72	0.5	0.78		-0.62	0.28	0.24	-0.92	0.78	0.91	0.66	0.64	0.66	0.66
Short Long Term Debt	-0.68	-0.8	-0.77	0.17	-0.57	0.47	-0.66	-0.58	-0.32	-0.39	-0.56	-0.62		-0.18	-0.24	0.69	-0.69	-0.61	-0.54	-0.7	-0.71	-0.59
Total Current Assets	0.28	0.38	0.33	0.07	0.32	-0.38	0.35	0.31	0.42	0.42	0.33	0.28	-0.18		-0.08	-0.31	0.09	0.16	0.42	0.32	0.35	0.47
Short Term Debt	0.41	0.3	0.24	0.2	0.54	-0.05	0.61	0.56	0.33	0.1	0.1	0.24	-0.24	-0.08		-0.25	0.16	0.05	0.19	0.5	0.29	0.29
Common Stock	-0.95	-0.96	-0.95	0.34	-0.76	0.62	-0.78	-0.78	-0.84	-0.56	-0.92	-0.92	0.69	-0.31	-0.25		-0.87	-0.9	-0.7	-0.81	-0.87	-0.74
Long Term Debt Total	0.91	0.91	0.86	-0.26	0.77	-0.41	0.57	0.77	0.67	0.4	0.93	0.78	-0.69	0.09	0.16	-0.87		0.74	0.56	0.8	0.8	0.66
Long Term Investments	0.74	0.8	0.79	-0.33	0.44	-0.46	0.53	0.45	0.59	0.4	0.75	0.91	-0.61	0.16	0.05	-0.9	0.74		0.45	0.51	0.6	0.47
Capital Surpluse	0.67	0.74	0.85	-0.52	0.71	-0.91	0.8	0.73	0.74	0.85	0.63	0.66	-0.54	0.42	0.19	-0.7	0.56	0.45		0.76	0.8	0.93
Net Invested Capital	0.9	0.9	0.85	-0.3	0.98	-0.62	0.82	0.98	0.77	0.68	0.8	0.64	-0.7	0.32	0.5	-0.81	0.8	0.51	0.76		0.92	0.88
Net Working Capital	0.91	0.9	0.9	-0.4	0.89	-0.71	0.84	0.9	0.84	0.65	0.86	0.66	-0.71	0.35	0.29	-0.87	0.8	0.6	0.8	0.92		0.86
Capital Stock	0.77	0.82	0.85	-0.54	0.83	-0.87	0.82	0.84	0.78	0.85	0.7	0.66	-0.59	0.47	0.29	-0.74	0.66	0.47	0.93	0.88	0.86

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Granite Total Asset Historical Pattern

Today, most investors in Granite Point Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Granite Point's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Granite Point total asset as a starting point in their analysis.

Granite Point Total Asset

Timeline

Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

Competition

Predict Granite Point

Total Assets Over Time

Granite Total Assets

Total Assets

3.31 Billion

At this time, Granite Point's Total Assets are comparatively stable compared to the past year.

Based on the latest financial disclosure, Granite Point Mortgage has a Total Asset of 2.85 B. This is 72.33% lower than that of the Mortgage Real Estate Investment Trusts (REITs) sector and significantly higher than that of the Financials industry. The total asset for all United States stocks is 90.34% higher than that of the company.

Granite Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Granite Point's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Granite Point could also be used in its relative valuation, which is a method of valuing Granite Point by comparing valuation metrics of similar companies.

Granite Point is currently under evaluation in total asset category among its peers.

Granite Point Current Valuation Drivers

We derive many important indicators used in calculating different scores of Granite Point from analyzing Granite Point's financial statements. These drivers represent accounts that assess Granite Point's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Granite Point's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	975.7M	551.0M	639.3M	284.1M	306.8M	291.4M
Enterprise Value	2.4B	1.8B	2.7B	1.6B	2.1B	1.5B

Granite Point ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Granite Point's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Granite Point's managers, analysts, and investors.

Environmental

Governance

Social

Granite Point Institutional Holders

Institutional Holdings refers to the ownership stake in Granite Point that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Granite Point's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Granite Point's value.

		Shares
D. E. Shaw & Co Lp	2024-09-30	568.9 K
Northern Trust Corp	2024-09-30	462.5 K
Camelot Funds, Llc	2024-06-30	415.5 K
Amvescap Plc.	2024-06-30	346.1 K
Two Sigma Advisers, Llc	2024-06-30	308 K
Penserra Capital Management, Llc	2024-06-30	259.1 K
Ameriprise Financial Inc	2024-06-30	230.7 K
Cresset Asset Management, Llc	2024-09-30	211.3 K
Palogic Value Management Lp	2024-09-30	205.4 K
Blackrock Inc	2024-06-30	5.3 M
Vanguard Group Inc	2024-09-30	2.9 M

Granite Fundamentals

	Return On Equity	-0.23
	Return On Asset	-0.0669
	Operating Margin	1.53 %
	Current Valuation	1.67 B
	Shares Outstanding	49.96 M
	Shares Owned By Insiders	2.52 %
	Shares Owned By Institutions	50.75 %
	Number Of Shares Shorted	1.25 M
	Price To Earning	37.88 X
	Price To Book	0.26 X
	Price To Sales	8.76 X
	Revenue	266.49 M
	Gross Profit	10.7 M
	EBITDA	121.89 M
	Net Income	(63.2 M)
	Cash And Equivalents	150.19 M
	Cash Per Share	2.87 X
	Total Debt	1.95 B
	Debt To Equity	2.88 %
	Current Ratio	66.98 X
	Book Value Per Share	13.37 X
	Cash Flow From Operations	52.1 M
	Short Ratio	3.99 X
	Earnings Per Share	(3.86) X
	Target Price	3.67
	Number Of Employees	36
	Beta	1.82
	Market Capitalization	175.85 M
	Total Asset	2.85 B
	Retained Earnings	(339.74 M)
	Working Capital	(1.07 B)
	Current Asset	111.04 M
	Current Liabilities	1.18 B
	Annual Yield	0.06 %
	Five Year Return	9.49 %
	Net Asset	2.85 B
	Last Dividend Paid	0.45

About Granite Point Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Granite Point Mortgage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granite Point using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granite Point Mortgage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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.

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