Granite Point Mortgage Trust (GPMT-PA) Convertible Debt (2017 - 2023)

Granite Point Mortgage Trust (GPMT-PA) recorded quarterly Convertible Debt of $131.6 million in Q3 2023, little changed on a QoQ basis from $131.4 million in Q2 2023, and down 52.02% year-over-year from $274.3 million in Q3 2022.

Granite Point Mortgage Trust (GPMT-PA) Convertible Debt (2017 - 2023) Analysis & Trends

Granite Point Mortgage Trust has disclosed Convertible Debt across 7 years of filings, most recently posting $131.6 million for Q3 2023.

  • Quarterly Convertible Debt fell 52.02% year-over-year to $131.6 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $131.6 million (down 52.02% YoY) and the FY2022 annual result came in at $130.9 million, down 52.03% from the prior year.
  • Convertible Debt steadied at $131.6 million in Q3 2023, from $131.4 million in the prior quarter.
  • Over five years, Convertible Debt peaked at $274.3 million in Q3 2022 and troughed at $130.9 million in Q4 2022.
  • A 5-year average of $241.8 million and a median of $270.4 million in 2020 frame the typical range for Convertible Debt.
  • Annual changes were most pronounced in 2019 — Convertible Debt surged 92.17% — and 2022, when it tumbled 52.03%.
  • Tracing GPMT-PA's Convertible Debt over 5 years: stood at $269.6 million in 2019, then advanced by 0.6% to $271.2 million in 2020, then advanced by 0.62% to $272.9 million in 2021, then slumped by 52.03% to $130.9 million in 2022, then rose by 0.52% to $131.6 million in 2023.
  • Business Quant data shows GPMT-PA's Convertible Debt at $131.6 million in Q3 2023, $131.4 million in Q2 2023, and $131.1 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 15.34 Bn 13.08 Bn -
2 AGNC Investment 11.42 Bn 10.75 Bn -
3 Starwood Property Trust 6.25 Bn 6.25 Bn -
4 Rithm Capital 5.08 Bn 4.78 Bn -
5 Blackstone Mortgage Trust 3.10 Bn 2.56 Bn -
6 Dynex Capital 2.58 Bn 1.80 Bn -
7 Armour Residential REIT 2.05 Bn 1.32 Bn -
8 Ellington Financial 1.67 Bn 1.39 Bn -
9 Two Harbors Investment 1.29 Bn 746.67 Mn -
10 Granite Point Mortgage Trust - - -

Historic Data

Download Data
DateValue
Sep 30, 2023 131.60 Mn
Jun 30, 2023 131.37 Mn
Mar 31, 2023 131.13 Mn
Dec 31, 2022 130.92 Mn
Sep 30, 2022 274.29 Mn
Jun 30, 2022 273.82 Mn
Mar 31, 2022 273.37 Mn
Dec 31, 2021 272.94 Mn
Sep 30, 2021 272.51 Mn
Jun 30, 2021 272.07 Mn
Mar 31, 2021 271.65 Mn
Dec 31, 2020 271.25 Mn
Sep 30, 2020 270.85 Mn
Jun 30, 2020 270.40 Mn
Mar 31, 2020 270.03 Mn
Dec 31, 2019 269.63 Mn
Sep 30, 2019 269.20 Mn
Jun 30, 2019 268.90 Mn
Mar 31, 2019 268.48 Mn
Dec 31, 2018 268.10 Mn