Granite Point Mortgage Trust (GPMT) Convertible Debt (2017 - 2023)
Granite Point Mortgage Trust (GPMT) 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) 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'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'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 | 72.94 Mn | 565.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |