MFA Financial Inc (MFA) — Tangible Net Worth Ratio

Latest as of March 2026: 99.9%

MFA Financial Inc (MFA) has a Tangible Net Worth Ratio of 99.9% as of March 2026. This metric is calculated by deducting intangible assets ($2.30 Million) from net assets ($1.78 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of MFA Financial Inc to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

99.9%
Tangible equity / total equity

Net Assets (Equity)

$1.78 Billion
USD

Intangible Assets

$2.30 Million
Goodwill, patents, brand value

Total Assets

$13.23 Billion
USD

MFA Financial Inc Tangible Net Worth Ratio (1998–2025)

This chart shows how MFA Financial Inc's Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 99.9%, reflecting net assets of $1.78 Billion with intangible assets of $2.30 Million USD. See MFA Financial Inc (MFA) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for MFA Financial Inc (1998–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for MFA Financial Inc from 1998 to 2025, covering 28 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see MFA company net worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 99.9% $1.83 Billion $2.60 Million $13.05 Billion ▲ +0.1 pp
2024 99.7% $1.84 Billion $4.80 Million $11.41 Billion ▲ +0.2 pp
2023 99.6% $1.90 Billion $8.00 Million $10.77 Billion ▲ +0.2 pp
2022 99.4% $1.99 Billion $12.20 Million $9.11 Billion ▲ +0.2 pp
2021 99.2% $2.54 Billion $21.40 Million $9.14 Billion ▲ +8.6 pp
2020 90.5% $2.52 Billion $239.00 Million $6.93 Billion ▲ +26.5 pp
2019 64.0% $3.38 Billion $1.22 Billion $13.57 Billion ▼ -18.1 pp
2018 82.1% $3.42 Billion $611.81 Million $12.42 Billion ▼ -2.8 pp
2017 84.9% $3.26 Billion $492.08 Million $10.95 Billion ▼ -7.6 pp
2016 92.5% $3.03 Billion $226.78 Million $12.48 Billion ▼ -7.2 pp
2015 99.8% $2.97 Billion $7.19 Million $13.17 Billion ▼ 0.0 pp
2014 99.8% $3.20 Billion $7.19 Million $12.35 Billion ▲ +0.0 pp
2013 99.8% $3.14 Billion $7.19 Million $12.47 Billion ▼ 0.0 pp
2012 99.8% $3.31 Billion $7.19 Million $13.52 Billion ▲ +0.1 pp
2011 99.7% $2.50 Billion $7.19 Million $11.75 Billion ▲ +0.0 pp
2010 99.7% $2.25 Billion $7.19 Million $8.69 Billion ▲ +0.0 pp
2009 99.7% $2.17 Billion $7.19 Million $9.63 Billion ▲ +0.2 pp
2008 99.4% $1.26 Billion $7.19 Million $10.64 Billion ▲ +0.2 pp
2007 99.2% $927.26 Million $7.19 Million $8.61 Billion ▲ +0.3 pp
2006 98.9% $678.56 Million $7.19 Million $6.44 Billion ▲ +0.0 pp
2005 98.9% $661.10 Million $7.19 Million $5.85 Billion ▼ -0.1 pp
2004 99.0% $728.83 Million $7.19 Million $6.91 Billion ▲ +0.5 pp
2003 98.5% $484.96 Million $7.19 Million $4.56 Billion ▲ +0.5 pp
2002 98.1% $371.20 Million $7.19 Million $3.60 Billion ▲ +1.6 pp
2001 96.5% $203.62 Million $7.19 Million $2.07 Billion ▲ +7.0 pp
2000 89.4% $69.91 Million $7.39 Million $522.49 Million ▼ -6.3 pp
1999 95.7% $67.60 Million $2.90 Million $524.40 Million ▼ -2.2 pp
1998 97.9% $71.00 Million $1.50 Million $264.70 Million
pp = percentage points