MFA Financial Inc (MFA) - Total Assets
Based on the latest financial reports, MFA Financial Inc (MFA) holds total assets worth $13.23 Billion USD as of March 2026. 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. Check MFA cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
MFA Financial Inc - Total Assets Trend (1998–2025)
This chart illustrates how MFA Financial Inc's total assets have evolved over time, based on quarterly financial data. Explore MFA Financial Inc long-term investment intensity to see how much of total assets are deployed in long-term investments.
MFA Financial Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
MFA Financial Inc's total assets of $13.23 Billion consist of 3.9% current assets and 96.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $213.21 Million | 1.6% |
| Accounts Receivable | $119.99 Million | 0.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $42.81 Million | 0.3% |
| Intangible Assets | $2.60 Million | 0.0% |
| Goodwill | $61.08 Million | 0.5% |
Asset Composition Trend (1998–2025)
This chart illustrates how MFA Financial 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. For live market cap, price, and company overview, see market value of MFA Financial Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MFA Financial Inc's current assets represent 3.9% of total assets in 2025, an increase from 2.8% in 1998.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2025, down from 2.3% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is cash and equivalents at 1.6% of total assets.
MFA Financial Inc Competitors by Total Assets
Key competitors of MFA Financial Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
360 Capital Mortgage REIT
AU:TCF
|
Australia | AU$54.30 Million |
|
TWO HARBORS INV. DL-0001
F:2H2
|
Germany | €10.86 Billion |
|
Annaly Capital Management, Inc.
NYSE:NLY
|
USA | $138.54 Billion |
|
AGNC Investment Corp.
NASDAQ:AGNC
|
USA | $118.90 Billion |
|
Starwood Property Trust Inc
NYSE:STWD
|
USA | $62.43 Billion |
|
Rithm Capital Corp.
NYSE:RITM
|
USA | $53.07 Billion |
|
Blackstone Mortgage Trust Inc
NYSE:BXMT
|
USA | $19.63 Billion |
|
Dynex Capital Inc
NYSE:DX
|
USA | $24.34 Billion |
MFA Financial 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 | 4.57 | 38.19 | 3.30 |
| Quick Ratio | 4.57 | 38.19 | 2.63 |
| Cash Ratio | 0.00 | 1.03 | 0.00 |
| Working Capital | $412.87 Million | $9.15 Billion | $544.27 Million |
MFA Financial Inc - Advanced Valuation Insights
This section examines the relationship between MFA Financial 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 | 0.57 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 14.3% |
| Total Assets | $13.05 Billion |
| Market Capitalization | $952.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values MFA Financial Inc's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MFA Financial Inc's assets grew by 14.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MFA Financial Inc (1998–2025)
The table below shows the annual total assets of MFA Financial Inc from 1998 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $13.05 Billion | +14.35% |
| 2024-12-31 | $11.41 Billion | +5.91% |
| 2023-12-31 | $10.77 Billion | +18.22% |
| 2022-12-31 | $9.11 Billion | -0.30% |
| 2021-12-31 | $9.14 Billion | +31.84% |
| 2020-12-31 | $6.93 Billion | -48.90% |
| 2019-12-31 | $13.57 Billion | +9.24% |
| 2018-12-31 | $12.42 Billion | +13.38% |
| 2017-12-31 | $10.95 Billion | -12.25% |
| 2016-12-31 | $12.48 Billion | -5.19% |
| 2015-12-31 | $13.17 Billion | +6.58% |
| 2014-12-31 | $12.35 Billion | -0.94% |
| 2013-12-31 | $12.47 Billion | -7.74% |
| 2012-12-31 | $13.52 Billion | +15.04% |
| 2011-12-31 | $11.75 Billion | +35.26% |
| 2010-12-31 | $8.69 Billion | -9.76% |
| 2009-12-31 | $9.63 Billion | -9.53% |
| 2008-12-31 | $10.64 Billion | +23.65% |
| 2007-12-31 | $8.61 Billion | +33.55% |
| 2006-12-31 | $6.44 Billion | +10.21% |
| 2005-12-31 | $5.85 Billion | -15.43% |
| 2004-12-31 | $6.91 Billion | +51.45% |
| 2003-12-31 | $4.56 Billion | +26.67% |
| 2002-12-31 | $3.60 Billion | +74.19% |
| 2001-12-31 | $2.07 Billion | +295.98% |
| 2000-12-31 | $522.49 Million | -0.36% |
| 1999-12-31 | $524.40 Million | +98.11% |
| 1998-12-31 | $264.70 Million | -- |
About MFA Financial Inc
MFA Financial, Inc., together with its subsidiaries, operates as a real estate investment trust in the United States. It operates through two segments: Mortgage-Related Assets and Lima One. The Mortgage-Related Assets segment primarily invests in and manages a diversified portfolio of residential whole loans, including nonqualified mortgage loans, business purpose loans such as single-family rent… Read more