Highest Debt to EBITDA Ratio in the Mortgage REITs Industry Detected in Shares of Anworth Mortgage Asset (ANH, HTS, IVR, CMO, NLY)
Below are the three companies in the Mortgage REITs industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.
Anworth Mortgage Asset ranks highest with a a debt to EBITDA ratio of 2,400.9. Following is Hatteras Financial with a a debt to EBITDA ratio of 145.8. Invesco Mortgage Capital ranks third highest with a a debt to EBITDA ratio of 69.4.
Capstead Mortgage follows with a a debt to EBITDA ratio of 63.8, and Annaly Capital Management rounds out the top five with a a debt to EBITDA ratio of 51.4.
SmarTrend recommended that subscribers consider buying shares of Annaly Capital Management on February 3rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $9.68. Since that recommendation, shares of Annaly Capital Management have risen 14.2%. We continue to monitor Annaly Capital Management for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to ebitda ratio anworth mortgage asset hatteras financial invesco mortgage capital capstead mortgage annaly capital management