Lument Finance Trust (LFT) Interest Coverage Ratio (2013 - 2024)
Lument Finance Trust's (LFT) Interest Coverage Ratio came in at 1.23 for Q2 2024, up 3.9% from 1.18 a year earlier but down 7.3% from the prior quarter.
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Analysis
Lument Finance Trust (LFT) Interest Coverage Ratio (2013 - 2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2024, Interest Coverage Ratio at Lument Finance Trust was 1.27, up 1.4% year-over-year; for FY2023, it came in at 1.28, down 4.6% from FY2022.
- Annual Interest Coverage Ratio has declined for three consecutive years.
- In prior years, Lument Finance Trust's Interest Coverage Ratio was 1.34 in FY2022 (-28.4%), 1.87 in FY2021 (-46.6%), 3.50 in FY2020 (+65.9%) and 2.11 in FY2019 (+625.1%).
- Quarterly Interest Coverage Ratio has run from a low of 1.17 in Q3 2022 to a high of 2.29 in Q1 2021 over five years.
- On a year-over-year basis, Interest Coverage Ratio increased in three of the last eight quarters, with an average decline of 12.8%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2021, with growth of 81.3%; the weakest was Q4 2022, with a decline of 39.9%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 1.32 (Q1 2024), 1.22 (Q4 2023) and 1.30 (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 1.75 |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 2.98 |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 1.42 |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 1.15 |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 1.24 |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 2.22 |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 27.97 |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 1.63 |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | Lument Finance Trust | 288.22 Mn | 158.96 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 1.23 |
| Mar 31, 2024 | 1.32 |
| Dec 31, 2023 | 1.22 |
| Sep 30, 2023 | 1.30 |
| Jun 30, 2023 | 1.18 |
| Mar 31, 2023 | 1.44 |
| Dec 31, 2022 | 1.18 |
| Sep 30, 2022 | 1.17 |
| Jun 30, 2022 | 1.64 |
| Mar 31, 2022 | 1.75 |
| Dec 31, 2021 | 1.97 |
| Sep 30, 2021 | 1.61 |
| Jun 30, 2021 | 1.74 |
| Mar 31, 2021 | 2.29 |
| Dec 31, 2020 | 1.76 |
| Sep 30, 2020 | 1.73 |
| Jun 30, 2020 | 1.49 |
| Mar 31, 2020 | 1.26 |
| Dec 31, 2019 | 1.23 |
| Sep 30, 2019 | 1.31 |
API Access
Lument Finance Trust Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=LFT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "LFT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=LFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();