New York Mortgage Trust, Inc. (ADAM) - Net Assets
Based on the latest financial reports, New York Mortgage Trust, Inc. (ADAM) has net assets worth $1.46 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.79 Billion) and total liabilities ($11.33 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See ADAM equity to assets ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.46 Billion |
| % of Total Assets | 11.4% |
| Annual Growth Rate | -9.12% |
| 5-Year Change | -41.18% |
| 10-Year Change | N/A |
| Growth Volatility | 10.5 |
New York Mortgage Trust, Inc. - Net Assets Trend (2020–2025)
This chart illustrates how New York Mortgage Trust, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore ADAM net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Net Assets for New York Mortgage Trust, Inc. (2020–2025)
The table below shows the annual net assets of New York Mortgage Trust, Inc. from 2020 to 2025. For live market cap and overall valuation, see New York Mortgage Trust, Inc. (ADAM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.43 Billion | +1.37% |
| 2024-12-31 | $1.41 Billion | -13.33% |
| 2023-12-31 | $1.63 Billion | -12.66% |
| 2022-12-31 | $1.86 Billion | -23.34% |
| 2021-12-31 | $2.43 Billion | +5.38% |
| 2020-12-31 | $2.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to New York Mortgage Trust, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 85737900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $903.00K | 0.06% |
| Other Components | $2.83 Billion | 198.66% |
| Total Equity | $1.43 Billion | 100.00% |
New York Mortgage Trust, Inc. Competitors by Market Cap
The table below lists competitors of New York Mortgage Trust, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kunshan Top A Intelligent Equipment
SHE:300836
|
$687.50 Million |
|
WESTROCK COFFEE CL.A
F:V3J
|
$687.78 Million |
|
Truecaller AB (publ)
ST:TRUE-B
|
$687.86 Million |
|
Third Coast Bancshares, Inc.
NYSE:TCBX
|
$687.86 Million |
|
Appotronics Corp Ltd
SHG:688007
|
$687.36 Million |
|
Hainan Expressway Co Ltd
SHE:000886
|
$687.31 Million |
|
DL Holdings CO. LTD.
KO:000210
|
$687.24 Million |
|
Innova Captab Limited
NSE:INNOVACAP
|
$686.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New York Mortgage Trust, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,394,720,000 to 1,426,922,000, a change of 32,202,000 (2.3%).
- Net income of 149,048,000 contributed positively to equity growth.
- Dividend payments of 121,967,000 reduced retained earnings.
- Share repurchases of 1,502,000 reduced equity.
- New share issuances of 5,027,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $149.05 Million | +10.45% |
| Dividends Paid | $121.97 Million | -8.55% |
| Share Repurchases | $1.50 Million | -0.11% |
| Share Issuances | $5.03 Million | +0.35% |
| Other Changes | $1.60 Million | +0.11% |
| Total Change | $- | 2.31% |
Book Value vs Market Value Analysis
This analysis compares New York Mortgage Trust, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.49x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.31x to 0.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $24.81 | $7.65 | x |
| 2021-12-31 | $24.58 | $7.65 | x |
| 2022-12-31 | $18.74 | $7.65 | x |
| 2023-12-31 | $17.35 | $7.65 | x |
| 2024-12-31 | $15.36 | $7.65 | x |
| 2025-12-31 | $15.59 | $7.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New York Mortgage Trust, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.45%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.50%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 8.86x
- Recent ROE (10.45%) is above the historical average (-3.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -12.54% | -194.97% | 0.03x | 2.02x | $-518.63 Million |
| 2021 | 8.25% | 50.82% | 0.07x | 2.42x | $-40.90 Million |
| 2022 | -16.90% | -216.21% | 0.02x | 3.53x | $-475.33 Million |
| 2023 | -3.08% | -9.72% | 0.07x | 4.69x | $-206.63 Million |
| 2024 | -4.45% | -11.10% | 0.06x | 6.61x | $-201.50 Million |
| 2025 | 10.45% | 18.50% | 0.06x | 8.86x | $6.36 Million |
Industry Comparison
This section compares New York Mortgage Trust, Inc.'s net assets metrics with peer companies in the REIT - Mortgage industry.
Industry Context
- Industry: REIT - Mortgage
- Average net assets among peers: $2,098,569,404
- Average return on equity (ROE) among peers: 5.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New York Mortgage Trust, Inc. (ADAM) | $1.46 Billion | -12.54% | 7.77x | $687.44 Million |
| Arbor Realty Trust (ABR) | $864.56 Million | 8.49% | 3.19x | $552.08 Million |
| Acres Commercial Realty Corp (ACR) | $228.83 Million | 2.77% | 6.85x | $76.14 Million |
| Ares Commercial Real Estate (ACRE) | $425.59 Million | 9.07% | 2.77x | $196.96 Million |
| AGNC Investment Corp. (AGNC) | $12.39 Billion | 13.48% | 8.29x | $10.28 Billion |
| Angel Oak Mortgage Inc (AOMR) | $238.97 Million | 12.03% | 8.50x | $180.88 Million |
| Apollo Commercial Real Estate Finance Inc (ARI) | $2.29 Billion | 9.74% | 2.67x | $817.11 Million |
| ARMOUR Residential REIT Inc (ARR) | $166.38 Million | 0.65% | 0.50x | $1.92 Billion |
| Brightspire Capital Inc (BRSP) | $1.96 Billion | -18.04% | 2.17x | $496.36 Million |
| Blackstone Mortgage Trust Inc (BXMT) | $316.50 Million | 6.94% | 1.77x | $1.86 Billion |
About New York Mortgage Trust, Inc.
Adamas Trust, Inc. acquires, invests in, finances, and manages mortgage-related single-family and multifamily residential assets in the United States. The company operates through two segments: Investment Portfolio and Constructive. The Investment Portfolio segment manages a diversified portfolio primarily consisting of mortgage-related single-family and multifamily residential investments, inclu… Read more