ACRES Commercial Realty (ACR) Non Operating Interest Expenses (2011 - 2024)
ACRES Commercial Realty (ACR) posted Non Operating Interest Expenses of $30.3 million for Q2 2024, down 3.01% on a QoQ basis from $31.3 million in Q1 2024, and down 6.57% year-over-year from $32.4 million in Q3 2023.
Analysis
ACRES Commercial Realty (ACR) Non Operating Interest Expenses (2011 - 2024) Analysis & Trends
ACRES Commercial Realty has reported Non Operating Interest Expenses for 14 years, with the latest figure at $30.3 million in Q2 2024.
- On a quarterly basis, Non Operating Interest Expenses fell 6.57% year-over-year to $30.3 million in Q2 2024; TTM through Jun 2024 was $128.5 million, a 11.3% increase from a year earlier, with the FY2023 full-year figure at $130.8 million, up 58.87% from the prior year.
- Non Operating Interest Expenses was $30.3 million for Q2 2024 at ACRES Commercial Realty, down from $31.3 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $33.6 million in Q3 2023, with the low at $12.5 million in Q2 2020.
- Average Non Operating Interest Expenses over 5 years is $21.9 million, with a median of $18.5 million recorded in 2020.
- The sharpest annual moves came in 2020 and 2023: Non Operating Interest Expenses plunged 42.62% in 2020, then soared 110.47% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $14.0 million in 2020, then gained by 4.14% to $14.6 million in 2021, then soared by 96.6% to $28.7 million in 2022, then grew by 16.31% to $33.4 million in 2023, then declined by 9.3% to $30.3 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $30.3 million (Q2 2024), $31.3 million (Q1 2024), and $33.4 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.32 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 464.11 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 98.55 Mn |
| 10 | ACRES Commercial Realty | 101.91 Mn | 18.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 30.31 Mn |
| Mar 31, 2024 | 31.25 Mn |
| Dec 31, 2023 | 33.42 Mn |
| Sep 30, 2023 | 33.56 Mn |
| Jun 30, 2023 | 32.44 Mn |
| Mar 31, 2023 | 31.38 Mn |
| Dec 31, 2022 | 28.73 Mn |
| Sep 30, 2022 | 22.94 Mn |
| Jun 30, 2022 | 15.75 Mn |
| Mar 31, 2022 | 14.91 Mn |
| Dec 31, 2021 | 14.62 Mn |
| Sep 30, 2021 | 14.53 Mn |
| Jun 30, 2021 | 18.70 Mn |
| Mar 31, 2021 | 13.72 Mn |
| Dec 31, 2020 | 14.03 Mn |
| Sep 30, 2020 | 13.03 Mn |
| Jun 30, 2020 | 12.55 Mn |
| Mar 31, 2020 | 18.39 Mn |
| Dec 31, 2019 | 20.15 Mn |
| Sep 30, 2019 | 22.71 Mn |