Chicago Atlantic Real Estate Finance Inc
Chicago Atlantic Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes first mortgage loans to established multi-state or single-state can… Read more
Chicago Atlantic Real Estate Finance Inc (REFI) - Total Assets
Latest total assets as of September 2025: $427.08 Million USD
Based on the latest financial reports, Chicago Atlantic Real Estate Finance Inc (REFI) holds total assets worth $427.08 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Chicago Atlantic Real Estate Finance Inc - Total Assets Trend (2021–2024)
This chart illustrates how Chicago Atlantic Real Estate Finance Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Chicago Atlantic Real Estate Finance Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Chicago Atlantic Real Estate Finance Inc's total assets of $427.08 Million consist of 99.9% current assets and 0.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.1% |
| Accounts Receivable | $403.47 Million | 92.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Chicago Atlantic Real Estate Finance Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Chicago Atlantic Real Estate Finance Inc's current assets represent 99.9% of total assets in 2024, an increase from 99.7% in 2021.
- Cash Position: Cash and equivalents constituted 6.1% of total assets in 2024, down from 28.9% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 92.7% of total assets.
Chicago Atlantic Real Estate Finance Inc Competitors by Total Assets
Key competitors of Chicago Atlantic Real Estate Finance Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Arbor Realty Trust
NYSE:ABR
|
USA | $13.89 Billion |
|
Acres Commercial Realty Corp
NYSE:ACR
|
USA | $1.69 Billion |
|
Ares Commercial Real Estate
NYSE:ACRE
|
USA | $1.62 Billion |
|
AFC Gamma Inc
NASDAQ:AFCG
|
USA | $275.59 Million |
|
AGNC Investment Corp
NASDAQ:AGNCL
|
USA | $115.08 Billion |
|
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock
NASDAQ:AGNCZ
|
USA | $115.08 Billion |
|
Great Ajax Corp
NYSE:AJX
|
USA | $858.15 Million |
|
Angel Oak Mortgage Inc
NYSE:AOMR
|
USA | $2.75 Billion |
Chicago Atlantic Real Estate Finance Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Chicago Atlantic Real Estate Finance Inc generates 0.13x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Chicago Atlantic Real Estate Finance Inc generates $8.51 in net profit.
Chicago Atlantic Real Estate Finance Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.50 | 0.12 | 33.41 |
| Quick Ratio | 0.50 | 0.12 | 33.41 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-33.38 Million | $ -58.65 Million | $ 56.76 Million |
Chicago Atlantic Real Estate Finance Inc - Advanced Valuation Insights
This section examines the relationship between Chicago Atlantic Real Estate Finance Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.81 |
| Latest Market Cap to Assets Ratio | 0.52 |
| Asset Growth Rate (YoY) | 21.1% |
| Total Assets | $435.15 Million |
| Market Capitalization | $225.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Chicago Atlantic Real Estate Finance Inc's assets below their book value (0.52 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Chicago Atlantic Real Estate Finance Inc's assets grew by 21.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Chicago Atlantic Real Estate Finance Inc (2021–2024)
The table below shows the annual total assets of Chicago Atlantic Real Estate Finance Inc from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $435.15 Million | +21.14% |
| 2023-12-31 | $359.23 Million | +4.65% |
| 2022-12-31 | $343.27 Million | +23.40% |
| 2021-12-31 | $278.17 Million | -- |