MITN Historical Balance Sheet
| MITN Stock | 25.07 0.18 0.72% |
Trend analysis of AG Mortgage Investment balance sheet accounts such as Total Stockholder Equity of 451.8 M provides information on AG Mortgage's total assets, liabilities, and equity, which is the actual value of AG Mortgage Investment to its prevalent stockholders. By breaking down trends over time using AG Mortgage balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining AG Mortgage Investment latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AG Mortgage Investment is a good buy for the upcoming year.
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About MITN Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of AG Mortgage Investment at a specified time, usually calculated after every quarter, six months, or one year. AG Mortgage Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AG Mortgage and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which MITN currently owns. An asset can also be divided into two categories, current and non-current.
AG Mortgage Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of AG Mortgage assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AG Mortgage Investment books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on AG Mortgage balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AG Mortgage Investment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from AG Mortgage's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 1st of February 2025, Short Term Debt is likely to grow to about 1.2 B, while Other Current Liabilities is likely to drop (695.1 M).
| 2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 5.0M | 4.9B | 5.6B | 5.9B | Total Assets | 621.2M | 6.1B | 7.0B | 7.4B |
AG Mortgage balance sheet Correlations
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AG Mortgage Account Relationship Matchups
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AG Mortgage balance sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 510.9M | 1.8B | 621.2M | 6.1B | 7.0B | 7.4B | |
| Short Long Term Debt Total | 19.5M | 4.5M | 5.0M | 4.9B | 5.6B | 5.9B | |
| Other Current Liab | (413.6M) | (989.0M) | (3.2B) | (735.6M) | (662.0M) | (695.1M) | |
| Total Current Liabilities | 4.6M | 10.2M | 19.6M | 32.0M | 28.8M | 27.4M | |
| Total Stockholder Equity | 1.4B | 3.4B | 4.4B | 528.4M | 475.5M | 451.8M | |
| Net Debt | (42.8M) | (95.7M) | (93.8M) | 4.8B | 5.5B | 5.7B | |
| Retained Earnings | 409.7M | 570.4M | 462.8M | (516.1M) | (464.5M) | (441.3M) | |
| Cash | 62.3M | 100.2M | 98.8M | 111.5M | 128.3M | 97.8M | |
| Non Current Assets Total | 1.4B | 3.3B | 4.3B | 6.0B | 6.9B | 4.0B | |
| Non Currrent Assets Other | (51.1M) | (68.1M) | (84.6M) | 6.0B | 6.9B | 7.3B | |
| Other Assets | (889.1M) | (1.6B) | (3.7B) | (5.4B) | (6.2B) | (6.5B) | |
| Cash And Short Term Investments | 62.3M | 100.2M | 98.8M | 111.5M | 128.3M | 97.8M | |
| Net Receivables | 3.9M | 16.1M | 21.4M | 30.6M | 27.5M | 17.5M | |
| Common Stock Shares Outstanding | 11.7M | 16.2M | 22.9M | 21.1M | 24.3M | 15.2M | |
| Liabilities And Stockholders Equity | 929.2M | 2.8B | 3.9B | 6.1B | 7.0B | 7.4B | |
| Non Current Liabilities Total | 985.7M | 2.8B | 3.9B | 5.6B | 6.4B | 3.4B | |
| Other Current Assets | 1.4B | 3.4B | 4.4B | (156.1M) | (140.5M) | (133.5M) | |
| Other Stockholder Equity | 1.9B | 2.6B | 1.7B | 823.7M | 741.3M | 704.3M | |
| Total Liab | 414K | 239K | 212K | 5.6B | 6.4B | 6.8B | |
| Total Current Assets | 47.9M | 68.1M | 84.6M | 111.5M | 100.4M | 95.4M | |
| Accumulated Other Comprehensive Income | 409.7M | 570.4M | 462.8M | 528.4M | 475.5M | 484.6M | |
| Short Term Debt | 418.3M | 999.2M | 3.3B | 767.6M | 882.7M | 1.2B | |
| Inventory | (1.4B) | (3.4B) | (4.4B) | (6.2B) | (5.6B) | (5.8B) | |
| Common Stock | 138K | 239K | 212K | 294K | 338.1K | 266.2K |
Pair Trading with AG Mortgage
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AG Mortgage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AG Mortgage will appreciate offsetting losses from the drop in the long position's value.Moving against MITN Stock
| 0.73 | ADC-PA | Agree Realty | PairCorr |
| 0.61 | XP | Xp Inc Normal Trading | PairCorr |
| 0.58 | O | Realty Income | PairCorr |
| 0.56 | WT | WISDOMTREE INC | PairCorr |
| 0.53 | DHIL | Diamond Hill Investment | PairCorr |
The ability to find closely correlated positions to AG Mortgage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AG Mortgage when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AG Mortgage - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AG Mortgage Investment to buy it.
The correlation of AG Mortgage is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AG Mortgage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AG Mortgage Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AG Mortgage can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.