PennyMac Mortgage Investment Trust (PMT) — Working Capital to Net Assets Ratio
PennyMac Mortgage Investment Trust (PMT) has a Working Capital to Net Assets ratio of -159.9% as of September 2025. Working capital of $-3.01 Billion (current assets of $263.49 Million minus current liabilities of $3.27 Billion) is measured against net assets of $1.88 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PMT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PennyMac Mortgage Investment Trust Working Capital to Net Assets (2009–2024)
This chart shows how PennyMac Mortgage Investment Trust's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at -159.9%, reflecting working capital of $-3.01 Billion against net assets of $1.88 Billion USD. For the complete balance sheet picture, see PennyMac Mortgage Investment Trust asset portfolio.
Annual Working Capital to Net Assets for PennyMac Mortgage Investment Trust (2009–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for PennyMac Mortgage Investment Trust from 2009 to 2024, covering 16 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check financial resilience of PennyMac Mortgage Investment Trust to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -338.4% | $-6.56 Billion | $1.94 Billion | $337.69 Million | $6.90 Billion | ▼ -43.3 pp |
| 2023 | -295.1% | $-5.78 Billion | $1.96 Billion | $474.90 Million | $6.25 Billion | ▼ -163.1 pp |
| 2022 | -132.0% | $-2.59 Billion | $1.96 Billion | $364.14 Million | $2.96 Billion | ▼ -210.3 pp |
| 2021 | 78.2% | $1.85 Billion | $2.37 Billion | $1.95 Billion | $96.16 Million | ▼ -52.4 pp |
| 2020 | 130.6% | $3.00 Billion | $2.30 Billion | $3.12 Billion | $124.81 Million | ▲ +38.6 pp |
| 2019 | 92.0% | $2.25 Billion | $2.45 Billion | $2.35 Billion | $91.15 Million | ▲ +87.7 pp |
| 2018 | 4.3% | $68.08 Million | $1.57 Billion | $138.77 Million | $70.69 Million | ▼ -0.1 pp |
| 2017 | 4.4% | $68.73 Million | $1.54 Billion | $96.05 Million | $27.32 Million | ▲ +14.6 pp |
| 2016 | -10.1% | $-136.71 Million | $1.35 Billion | $156.56 Million | $293.27 Million | ▲ +1.2 pp |
| 2015 | -11.3% | $-169.55 Million | $1.50 Billion | $99.97 Million | $269.52 Million | ▼ -21.8 pp |
| 2014 | 10.4% | $164.87 Million | $1.58 Billion | $216.29 Million | $51.42 Million | ▲ +151.5 pp |
| 2013 | -141.1% | $-2.07 Billion | $1.47 Billion | $119.81 Million | $2.19 Billion | ▼ -146.8 pp |
| 2012 | 5.7% | $68.69 Million | $1.20 Billion | $105.01 Million | $36.32 Million | ▼ -68.2 pp |
| 2011 | 73.9% | $403.62 Million | $546.02 Million | $1.24 Billion | $840.04 Million | ▼ -12.3 pp |
| 2010 | 86.2% | $275.69 Million | $319.91 Million | $544.88 Million | $269.18 Million | ▲ +21.3 pp |
| 2009 | 64.9% | $203.53 Million | $313.80 Million | $214.17 Million | $10.65 Million | — |