TPG RE Finance Trust (TRTX) Notes Payables (2017 - 2021)
TPG RE Finance Trust's (TRTX) quarterly Notes Payables came in at $49.4 million in Q3 2021, down 35.89% on a YoY basis from $77.0 million in Q3 2020, and little changed quarter-over-quarter from $49.3 million in Q2 2021.
Analysis
TPG RE Finance Trust (TRTX) Notes Payables (2017 - 2021) Analysis & Trends
TPG RE Finance Trust (TRTX) has reported Notes Payables for 5 consecutive years, with $49.4 million the latest figure, recorded in Q3 2021.
- For the quarter ending Q3 2021, Notes Payables fell 35.89% year-over-year to $49.4 million; the trailing twelve-month figure through Sep 2021 stood at $49.4 million (down 35.89% YoY), and the FY2020 full-year result was $49.1 million, down 35.93% from the prior year.
- Notes Payables was little changed at $49.4 million in Q3 2021 per TRTX's latest filing, from $49.3 million in the prior quarter.
- Across five years, Notes Payables topped out at $287.9 million in Q4 2017 and bottomed at $32.4 million in Q4 2018.
- Historically, Notes Payables has averaged $85.5 million across 5 years, with a median of $76.8 million in 2019.
- The sharpest annual moves came in 2018 and 2020: Notes Payables tumbled 88.76% in 2018, then jumped 137.07% in 2020.
- Over 5 years, Notes Payables stood at $287.9 million in 2017, then sank by 88.76% to $32.4 million in 2018, then jumped by 136.96% to $76.7 million in 2019, then slumped by 35.93% to $49.1 million in 2020, then advanced by 0.43% to $49.4 million in 2021.
- According to Business Quant data, Notes Payables over the past three periods registered $49.4 million, $49.3 million, and $49.1 million for Q3 2021, Q2 2021, and Q4 2020 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - |
| 10 | TPG RE Finance Trust | 597.86 Mn | 527.05 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 49.36 Mn |
| Jun 30, 2021 | 49.29 Mn |
| Dec 31, 2020 | 49.15 Mn |
| Sep 30, 2020 | 76.99 Mn |
| Jun 30, 2020 | 76.89 Mn |
| Mar 31, 2020 | 76.80 Mn |
| Dec 31, 2019 | 76.71 Mn |
| Sep 30, 2019 | 109.06 Mn |
| Jun 30, 2019 | 108.94 Mn |
| Mar 31, 2019 | 32.40 Mn |
| Dec 31, 2018 | 32.37 Mn |
| Dec 31, 2017 | 287.89 Mn |