Lument Finance Trust (LFT) Times Interest Earned (2013 - 2024)
Lument Finance Trust's Times Interest Earned was 1.23 in Q2 2024, up 3.9% from 1.18 a year earlier but down 7.3% from the prior quarter.
Lument Finance Trust (LFT) Times Interest Earned (2013 - 2024) Analysis & Trends
On a trailing twelve-month basis, Lument Finance Trust's Times Interest Earned was 1.27 through Jun 30, 2024, up 1.4% year-over-year; for FY2023, it was 1.28, down 4.6% from FY2022.
- Times Interest Earned has now declined for three consecutive years.
- In earlier years, Times Interest Earned 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 Times Interest Earned has moved between 1.17 (Q3 2022) and 2.29 (Q1 2021) over five years.
- Compared with a year earlier, Times Interest Earned was higher in three of the last eight quarters, with an average decline of 12.8%.
- The best year-over-year quarter for Times Interest Earned over five years was Q1 2021 (growth of 81.3%); the worst was Q4 2022 (a decline of 39.9%).
- Per Business Quant data, LFT's Times Interest Earned in the three quarters before Q2 2024 was 1.32 (Q1 2024), 1.22 (Q4 2023) and 1.30 (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 1.75 |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 2.98 |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 1.42 |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 1.15 |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 1.24 |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 2.22 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 27.97 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 1.63 |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Lument Finance Trust | 292.43 Mn | 163.16 Mn | - | - |
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 |
Lument Finance Trust Times Interest Earned 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=times-interest-earned&ticker=LFT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=LFT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();