Western Asset Mortgage Capital Corporation Long-Term Debt 2011-2025 | WMC

Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.

Main characteristics:

Term exceeds 12 months
Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
Repaid through regular payments (interest and/or principal) over several years

Why long-term debt is needed:

Investment in development
Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital.
Smoothing of cash flows
A long-term payment schedule facilitates budget planning and reduces short-term financial risks.
Optimization of capital structure
A combination of equity and borrowed capital can reduce the average cost of business financing.

A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.

If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.

It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.

Examples of long-term debt:

Mortgage loans for property purchases
Corporate bonds issued by a company to raise capital
Project financing — long-term loans for building or expanding production facilities
Leasing obligations for equipment or transport

Annual Long-Term Debt Western Asset Mortgage Capital Corporation

2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
119 M	2.62 B	1.67 B	1.06 B	120 M	10.7 M	11 M	-	2.58 B	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
2.62 B	10.7 M	1.02 B

Quarterly Long-Term Debt Western Asset Mortgage Capital Corporation

2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
84.8 M	84.3 M	83.9 M	83.5 M	109 M	110 M	116 M	119 M	127 M	165 M	165 M	171 M	171 M	171 M	171 M	197 M	197 M	197 M	197 M	110 M	110 M	110 M	110 M	109 M	109 M	109 M	109 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
197 M	83.5 M	133 M

Long-Term Debt of other stocks in the Reit mortgage industry

Issuer	Long-Term Debt	Price	% 24h	Market Cap	Country
Great Ajax Corp. AJX	695 M	-	-0.66 %	$ 73.3 M	USA
Anworth Mortgage Asset Corporation ANH	296 M	-	0.34 %	$ 296 M	USA
Capstead Mortgage Corporation CMO	98.5 M	-	2.52 %	$ 634 M	USA
ACRES Commercial Realty Corp. ACR	1.88 B	$ 23.78	-0.75 %	$ 210 M	USA
Dynex Capital DX	2.73 M	$ 13.68	1.03 %	$ 968 M	USA
Apollo Commercial Real Estate Finance ARI	1.27 B	$ 10.18	0.54 %	$ 1.42 B	USA
Ladder Capital Corp LADR	3.04 B	$ 11.36	-0.13 %	$ 1.43 B	USA
AGNC Investment Corp. AGNC	177 M	$ 10.38	0.58 %	$ 8.13 B	USA
Chimera Investment Corporation CIM	135 M	$ 12.85	1.06 %	$ 1.04 B	USA
Manhattan Bridge Capital LOAN	5.6 M	$ 4.87	-0.31 %	$ 55.9 M	USA
Cherry Hill Mortgage Investment Corporation CHMI	152 M	$ 2.51	-0.59 %	$ 76.4 M	USA
MFA Financial MFA	4.34 B	$ 9.62	0.26 %	$ 996 M	USA
Annaly Capital Management NLY	10.6 B	$ 22.34	0.72 %	$ 11.7 B	USA
New Residential Investment Corp. NRZ	32.6 B	-	0.87 %	$ 5.12 B	USA
Orchid Island Capital ORC	188 M	$ 7.18	0.63 %	$ 470 M	USA
Ready Capital Corporation RC	1.33 B	$ 2.34	-1.68 %	$ 396 M	USA
Two Harbors Investment Corp. TWO	889 M	$ 10.02	0.91 %	$ 1.04 B	USA
Sachem Capital Corp. SACH	230 M	$ 1.07	-2.73 %	$ 50.7 M	USA