Great Ajax Corp
Great Ajax Corp. operates as a mortgage real estate investment trust. It acquires re-performing and non-performing loans; acquires or originates small balance commercial mortgage loans that are secured by multi-family residential and commercial mixed use retail/residential properties; and invests in single-family and smaller commercial properties. The company elected to be taxed as a real estate … Read more
Great Ajax Corp (AJX) - Total Assets
Latest total assets as of September 2024: $858.15 Million USD
Based on the latest financial reports, Great Ajax Corp (AJX) holds total assets worth $858.15 Million USD as of September 2024.
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.
Great Ajax Corp - Total Assets Trend (2014–2023)
This chart illustrates how Great Ajax Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Great Ajax Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Great Ajax Corp's total assets of $858.15 Million consist of 4.5% current assets and 95.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.0% |
| Accounts Receivable | $7.31 Million | 0.6% |
| 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 (2014–2023)
This chart illustrates how Great Ajax Corp'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: Great Ajax Corp's current assets represent 4.5% of total assets in 2023, an increase from 0.5% in 2014.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2023, down from 19.5% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.
Great Ajax Corp Competitors by Total Assets
Key competitors of Great Ajax Corp 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 |
|
Angel Oak Mortgage Inc
NYSE:AOMR
|
USA | $2.75 Billion |
|
Apollo Commercial Real Estate Finance Inc
NYSE:ARI
|
USA | $9.90 Billion |
Great Ajax Corp - 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 - Great Ajax Corp generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Great Ajax Corp is currently not profitable relative to its asset base.
Great Ajax Corp - 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 | 2.23 | 0.33 | 0.04 |
| Quick Ratio | 2.23 | 0.24 | 0.04 |
| Cash Ratio | 0.00 | 0.07 | 0.00 |
| Working Capital | $336.45 Million | $ -364.51 Million | $ -428.62 Million |
Great Ajax Corp - Advanced Valuation Insights
This section examines the relationship between Great Ajax Corp'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 | 0.55 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -10.0% |
| Total Assets | $1.34 Billion |
| Market Capitalization | $347.80K USD |
Valuation Analysis
Below Book Valuation: The market values Great Ajax Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Great Ajax Corp's assets decreased by 10.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Great Ajax Corp (2014–2023)
The table below shows the annual total assets of Great Ajax Corp from 2014 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.34 Billion | -9.98% |
| 2022-12-31 | $1.48 Billion | -15.64% |
| 2021-12-31 | $1.76 Billion | +6.41% |
| 2020-12-31 | $1.65 Billion | +4.88% |
| 2019-12-31 | $1.58 Billion | -1.62% |
| 2018-12-31 | $1.60 Billion | +14.84% |
| 2017-12-31 | $1.40 Billion | +45.78% |
| 2016-12-31 | $957.40 Million | +55.58% |
| 2015-12-31 | $615.38 Million | +125.61% |
| 2014-12-31 | $272.76 Million | -- |