MarketCap
Facebook
X
TelegramCapstead Mortgage Corporation Balance Sheet 2020-2011 | CMO
Brief overview of Capstead Mortgage Corporation's financial position
Balance sheet changes are traced across five available annual reports between 2016 and 2020.
Assets finished at $8.4 billion versus $13.6 billion initially, losing -38.1%. The balance sheet contracted.
Asset and liability trends were close, at -38.1% and -39.2%. Expansion did not materially reshape funding sources.
The balance sheet includes a negative accumulated result of -$651.1 million. It should be assessed alongside historical profits and capital distributions.
Balance sheet takeaway
Capstead Mortgage Corporation's balance sheet looks stretched: reliance on liabilities and a limited capital cushion increase sensitivity to weaker results.
Annual Balance Sheet Capstead Mortgage Corporation
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
7.16 B | -6.09 M | 39 M | -4.28 M | 43 M | 2.92 B | -205 M | -311 M | -320 M | 11 B |
Long Term Debt |
98.5 M | 98.4 M | 98.3 M | 98.2 M | 98.1 M | 2.97 B | 100 M | 100 M | 103 M | 103 M |
Total Non Current Liabilities |
- | 98.4 M | 98.3 M | 98.2 M | 98.1 M | 98 M | 97.9 M | 100 M | 103 M | 103 M |
Total Current Liabilities |
20.7 M | 10.3 B | 11 B | 12.4 B | 12.2 B | 13.1 B | 12.9 B | 12.6 B | 12.9 B | 11.4 B |
Total Liabilities |
7.5 B | 10.4 B | 11.1 B | 12.5 B | 12.3 B | 13.1 B | 13 B | 12.7 B | 13 B | 11.6 B |
Retained Earnings |
-651 M | -444 M | -347 M | -347 M | -346 M | -346 M | -347 M | -350 M | -354 M | -355 M |
Total Assets |
8.41 B | 11.5 B | 12.2 B | 13.7 B | 13.6 B | 14.4 B | 14.4 B | 14 B | 14.5 B | 12.8 B |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Capstead Mortgage Corporation, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
USA
