Claros Mortgage Trust (CMTG) Interest Expenses (2020 - 2022)
Claros Mortgage Trust's (CMTG) quarterly Interest Expenses came in at $5.0 million in Q4 2022, up 87.89% on a YoY basis from $2.6 million in Q4 2021, and up 27.18% quarter-over-quarter from $3.9 million in Q3 2022.
Analysis
Claros Mortgage Trust (CMTG) Interest Expenses (2020 - 2022) Analysis & Trends
Claros Mortgage Trust (CMTG) has reported Interest Expenses for 3 consecutive years, with $5.0 million the latest figure, recorded in Q4 2022.
- For the quarter ending Q4 2022, Interest Expenses rose 87.89% year-over-year to $5.0 million; the trailing twelve-month figure through Dec 2022 stood at $14.2 million (down 9.42% YoY), and the FY2022 full-year result was $14.2 million, down 9.42% from the prior year.
- Interest Expenses climbed to $5.0 million in Q4 2022 per CMTG's latest filing, from $3.9 million in the prior quarter.
- Across five years, Interest Expenses topped out at $43.2 million in Q4 2020 and bottomed at $1.5 million in Q1 2021.
- Historically, Interest Expenses has averaged $11.3 million across 3 years, with a median of $3.3 million in 2022.
- The sharpest annual moves came in 2021 and 2022: Interest Expenses tumbled 93.88% in 2021, then soared 87.89% in 2022.
- Over 3 years, Interest Expenses stood at $43.2 million in 2020, then sank by 93.88% to $2.6 million in 2021, then soared by 87.89% to $5.0 million in 2022.
- According to Business Quant data, Interest Expenses over the past three periods registered $5.0 million, $3.9 million, and $2.7 million for Q4 2022, Q3 2022, and Q2 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | 1.32 Bn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | 709.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 344.58 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 15.50 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 208.97 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | 89.56 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | 227.18 Mn |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | 98.55 Mn |
| 10 | Claros Mortgage Trust | 217.79 Mn | 127.46 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 4.96 Mn |
| Sep 30, 2022 | 3.90 Mn |
| Jun 30, 2022 | 2.72 Mn |
| Mar 31, 2022 | 2.58 Mn |
| Dec 31, 2021 | 2.64 Mn |
| Sep 30, 2021 | 2.64 Mn |
| Jun 30, 2021 | 8.89 Mn |
| Mar 31, 2021 | 1.48 Mn |
| Dec 31, 2020 | 43.15 Mn |
| Sep 30, 2020 | 39.74 Mn |