Lument Finance Trust (LFT) Non Operating Interest Expenses (2013 - 2024)
Lument Finance Trust's Non Operating Interest Expenses came in at $20.18 million for Q2 2024, up 42.1% from $14.2 million a year earlier but down 6.2% from the prior quarter.
Lument Finance Trust (LFT) Non Operating Interest Expenses (2013 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2024, Lument Finance Trust reported Non Operating Interest Expenses of $85.5 million, up 81.9% year-over-year; for FY2023, it was $71.04 million, up 144.5% from FY2022.
- Non Operating Interest Expenses has increased in each of the last three years, with a five-year compound annual growth rate of 66.4% (FY2018 to FY2023).
- Going back by year, Non Operating Interest Expenses was $29.06 million in FY2022 (+138.6%), $12.18 million in FY2021 (+282.1%), $3.19 million in FY2020 (-43.0%) and $5.59 million in FY2019 (+0.3%).
- The five-year range for quarterly Non Operating Interest Expenses is $2.19 million (Q1 2021) to $22.44 million (Q4 2023).
- Year-over-year, Non Operating Interest Expenses has increased for 12 consecutive quarters, with growth averaging 132.8% over the last eight quarters.
- The fastest year-over-year change in Non Operating Interest Expenses over five years came in Q1 2023 (growth of 225.5%), and the weakest in Q1 2021 (a decline of 56.5%).
- Business Quant data shows LFT's Non Operating Interest Expenses at $21.51 million (Q1 2024), $22.44 million (Q4 2023) and $21.36 million (Q3 2023) in the three quarters before Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 374.00 Mn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 281.69 Mn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 93.62 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 118.51 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 10.01 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.32 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 214.00 Mn |
| 10 | Lument Finance Trust | 292.43 Mn | 163.16 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 20.18 Mn |
| Mar 31, 2024 | 21.51 Mn |
| Dec 31, 2023 | 22.44 Mn |
| Sep 30, 2023 | 21.36 Mn |
| Jun 30, 2023 | 14.20 Mn |
| Mar 31, 2023 | 13.03 Mn |
| Dec 31, 2022 | 11.45 Mn |
| Sep 30, 2022 | 8.32 Mn |
| Jun 30, 2022 | 5.28 Mn |
| Mar 31, 2022 | 4.00 Mn |
| Dec 31, 2021 | 3.89 Mn |
| Sep 30, 2021 | 3.89 Mn |
| Jun 30, 2021 | 2.21 Mn |
| Mar 31, 2021 | 2.19 Mn |
| Dec 31, 2020 | 3.19 Mn |
| Sep 30, 2020 | 3.29 Mn |
| Jun 30, 2020 | 3.70 Mn |
| Mar 31, 2020 | 5.02 Mn |
| Dec 31, 2019 | 5.59 Mn |
| Sep 30, 2019 | 6.04 Mn |
Lument Finance Trust Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=LFT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=LFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();