AG Mortgage Investment Trust Inc (MITT) - Net Assets
Based on the latest financial reports, AG Mortgage Investment Trust Inc (MITT) has net assets worth $559.84 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.98 Billion) and total liabilities ($8.42 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. Check AG Mortgage Investment Trust Inc (MITT) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $559.84 Million |
| % of Total Assets | 6.24% |
| Annual Growth Rate | 7.73% |
| 5-Year Change | 32.64% |
| 10-Year Change | -18.52% |
| Growth Volatility | 79.19 |
AG Mortgage Investment Trust Inc - Net Assets Trend (2011–2024)
This chart illustrates how AG Mortgage Investment Trust Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of AG Mortgage Investment Trust Inc for the complete picture of this company's asset base.
Annual Net Assets for AG Mortgage Investment Trust Inc (2011–2024)
The table below shows the annual net assets of AG Mortgage Investment Trust Inc from 2011 to 2024. For live valuation and market cap data, see AG Mortgage Investment Trust Inc (MITT) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $543.42 Million | +2.85% |
| 2023-12-31 | $528.37 Million | +14.17% |
| 2022-12-31 | $462.80 Million | -20.99% |
| 2021-12-31 | $585.77 Million | +42.97% |
| 2020-12-31 | $409.70 Million | -51.75% |
| 2019-12-31 | $849.05 Million | +29.43% |
| 2018-12-31 | $656.01 Million | -8.16% |
| 2017-12-31 | $714.26 Million | +8.90% |
| 2016-12-31 | $655.88 Million | -1.66% |
| 2015-12-31 | $666.94 Million | -8.97% |
| 2014-12-31 | $732.68 Million | +4.01% |
| 2013-12-31 | $704.43 Million | -11.35% |
| 2012-12-31 | $794.62 Million | +285.21% |
| 2011-12-31 | $206.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AG Mortgage Investment 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 6406.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $296.00K | 0.05% |
| Other Components | $1.04 Billion | 192.27% |
| Total Equity | $543.42 Million | 100.00% |
AG Mortgage Investment Trust Inc Competitors by Market Cap
The table below lists competitors of AG Mortgage Investment Trust Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beacon Lighting Group Ltd
AU:BLX
|
$248.28 Million |
|
Hisem Co Ltd
KQ:200470
|
$248.32 Million |
|
Duksan Hi Metal Co.Ltd
KQ:077360
|
$248.33 Million |
|
Mastersystem Infotama Tbk.
JK:MSTI
|
$248.34 Million |
|
Xplora Technologies As
OL:XPLRA
|
$248.18 Million |
|
SIM Acquisition Corp. I Unit
NASDAQ:SIMAU
|
$248.17 Million |
|
Hyundai Hcn
KO:126560
|
$248.17 Million |
|
Rocky Brands Inc
NASDAQ:RCKY
|
$248.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AG Mortgage Investment Trust Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 528,368,000 to 543,423,000, a change of 15,055,000 (2.8%).
- Net income of 55,737,000 contributed positively to equity growth.
- Dividend payments of 37,189,000 reduced retained earnings.
- Other comprehensive income increased equity by 294,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $55.74 Million | +10.26% |
| Dividends Paid | $37.19 Million | -6.84% |
| Other Comprehensive Income | $294.00K | +0.05% |
| Other Changes | $-3.79 Million | -0.7% |
| Total Change | $- | 2.85% |
Book Value vs Market Value Analysis
This analysis compares AG Mortgage Investment 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: 0.42x
- 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 0.07x to 0.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $104.29 | $7.82 | x |
| 2012-12-31 | $130.78 | $7.82 | x |
| 2013-12-31 | $75.41 | $7.82 | x |
| 2014-12-31 | $77.33 | $7.82 | x |
| 2015-12-31 | $70.43 | $7.82 | x |
| 2016-12-31 | $70.39 | $7.82 | x |
| 2017-12-31 | $76.85 | $7.82 | x |
| 2018-12-31 | $69.32 | $7.82 | x |
| 2019-12-31 | $79.10 | $7.82 | x |
| 2020-12-31 | $34.93 | $7.82 | x |
| 2021-12-31 | $35.13 | $7.82 | x |
| 2022-12-31 | $20.22 | $7.82 | x |
| 2023-12-31 | $25.04 | $7.82 | x |
| 2024-12-31 | $18.41 | $7.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AG Mortgage Investment 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): 10.26%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 74.00%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 12.72x
- Recent ROE (10.26%) is above the historical average (0.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 9.20% | 87.66% | 0.02x | 6.76x | $-1.66 Million |
| 2012 | 16.98% | 90.60% | 0.03x | 6.11x | $55.47 Million |
| 2013 | -4.48% | 0.00% | 0.00x | 5.23x | $-102.02 Million |
| 2014 | 14.93% | 84.37% | 0.04x | 4.72x | $36.13 Million |
| 2015 | 2.07% | 40.16% | 0.01x | 4.74x | $-52.88 Million |
| 2016 | 9.71% | 75.74% | 0.03x | 4.01x | $-1.90 Million |
| 2017 | 16.60% | 92.24% | 0.03x | 5.31x | $47.13 Million |
| 2018 | 0.24% | 1.86% | 0.02x | 5.41x | $-64.03 Million |
| 2019 | 10.94% | 78.06% | 0.03x | 5.12x | $8.02 Million |
| 2020 | -102.74% | 0.00% | -0.28x | 3.42x | $-461.89 Million |
| 2021 | 18.27% | 104.40% | 0.03x | 5.90x | $47.15 Million |
| 2022 | -11.47% | 0.00% | 0.00x | 9.44x | $-99.38 Million |
| 2023 | 10.18% | 97.93% | 0.01x | 11.60x | $947.20K |
| 2024 | 10.26% | 74.00% | 0.01x | 12.72x | $1.39 Million |
Industry Comparison
This section compares AG Mortgage Investment Trust Inc's net assets metrics with peer companies in the REIT - Mortgage industry.
Industry Context
- Industry: REIT - Mortgage
- Average net assets among peers: $1,936,275,022
- Average return on equity (ROE) among peers: 4.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AG Mortgage Investment Trust Inc (MITT) | $559.84 Million | 9.20% | 15.03x | $248.24 Million |
| Arbor Realty Trust (ABR) | $1.07 Billion | 10.87% | 3.33x | $1.55 Billion |
| Acres Commercial Realty Corp (ACR) | $703.09 Million | -4.32% | 1.92x | $138.06 Million |
| Ares Commercial Real Estate (ACRE) | $419.17 Million | 7.25% | 3.22x | $286.25 Million |
| AFC Gamma Inc (AFCG) | $320.05 Million | 6.55% | 0.46x | $61.88 Million |
| AGNC Investment Corp (AGNC) | $8.26 Billion | 1.88% | 7.67x | $12.12 Billion |
| Angel Oak Mortgage Inc (AOMR) | $248.31 Million | 0.30% | 1.05x | $210.28 Million |
| Apollo Commercial Real Estate Finance Inc (ARI) | $1.38 Billion | 7.51% | 0.98x | $1.43 Billion |
| ARMOUR Residential REIT Inc (ARR) | $2.26 Billion | 14.27% | 8.29x | $2.04 Billion |
| Brightspire Capital Inc (BRSP) | $928.40 Million | -3.36% | 2.84x | $755.61 Million |
| Blackstone Mortgage Trust Inc (BXMT) | $3.78 Billion | 8.07% | 3.37x | $3.21 Billion |
About AG Mortgage Investment Trust Inc
TPG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, such as non-agency loans, agency-eligible loans, home equity loans, re-and non-performing loans, and non-agency residential mortgage-backed securities, as well as commercial loans and commercial mortgage-backed securi… Read more