Cherry Hill Mortgage Investment Corporation Financial Ratios — CHMI-PA

Profitability (USD)

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	20.78	327	323	191.56	81.3	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	9.87	0.49	2.26	3.47	3.33	1.61	-1.96	-2.3	0.85	1.6	-2.48	0.83	0.45
Return on Capital (%)	- -	242.13	- -	- -	36.72	56.82	15.35	- -	- -	12.49	17.79	- -	35.66	-248.07
Return on Invested Capital (%)	- -	5.14	- -	- -	12.47	17.07	10.19	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	100	100	95.97	91.98	89.81	7.31	100	100	100	100	100	100	100
EBITDA Margin (%)	- -	19.35	273.95	141.01	105.3	91.82	109.85	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	18.39	247.64	120.82	92.41	91.82	109.85	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	18.39	-103.53	31.06	51.34	91.06	-16.6	55.73	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	- -	94.09	28.57	68.93	80.49	85.62	79.69	128.19	127.47	47.31	67.82	164.76	47.18	39.19
Profit Margin (%)	- -	93.61	30.08	70	77.77	83.41	69.48	105.46	92.51	43.65	54.09	164.11	34.62	29.28
Net Income to Common Margin (%)	- -	93.61	30.08	70	77.77	80.18	58.6	125.24	109.93	8.64	29.57	210.58	5.79	-12.87
Effective Tax Rate (%)	- -	- -	- -	- -	1.78	1.24	11.67	- -	- -	5.87	18.6	- -	25.15	24.04
Dvd Payout Ratio (%)	- -	- -	616.98	111.35	61.87	47.79	110.74	-54.16	-35.12	636.18	163.97	-46.46	733.53	-679.01
Sustainable Growth Rate (%)	- -	- -	-107.44	-37.12	123.16	100.02	-8.73	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	111	46	78	158	167	111	145	184	169	151	145
ST Debt	- -	- -	- -	24	23	39	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	87	23	39	158	167	111	145	184	169	151	145
Total Debt/EBITDA	- -	- -	- -	4.17	1.36	1.5	2.95	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	-2.38	-0.58	3.77	0.89	0.97	2.35	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	4.86	1.55	1.5	2.95	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	-2.5	-0.64	4.4	1.01	0.97	2.35	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	5.03	4.98	4.45	4.31	2.62	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	5.03	4.98	2.13	2.33	-1.48	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	4.78	4.5	3.81	3.78	2.62	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	1	4	6	8	20	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-2,499	4.16	0.92	0.5	1.53	1.72	1.62	-2.01	-8.9	-12.15	-11.98	-16.72	-16.72	-17.53
Long-Term Debt/Equity (%)	- -	- -	- -	56.82	14.67	12.1	43.29	41.81	35.63	52.1	69.26	65.53	64.73	60.87
Long-Term Debt/Capital (%)	- -	- -	- -	75.22	38.32	22.45	60.3	73.96	127.5	137.95	137.23	309.33	1,368.68	-881.98
Long-Term Debt/Total Assets (%)	- -	- -	- -	13.6	2.89	1.9	7.32	5.67	6.99	11.15	13.05	12.15	10.14	9.42
Total Debt/Equity (%)	- -	- -	- -	72.78	29.34	24.2	43.29	41.81	35.63	52.1	69.26	65.53	64.73	60.87
Total Debt/Capital (%)	- -	- -	- -	96.35	76.65	44.91	60.3	73.96	127.5	137.95	137.23	309.33	1,368.68	-881.98
Total Debt/Total Assets (%)	- -	- -	- -	17.42	5.77	3.81	7.32	5.67	6.99	11.15	13.05	12.15	10.14	9.42
Net Debt to Equity	4.17	-6.44	-7.76	65.82	19.2	15.73	34.54	35.64	8.79	29.18	47.67	45.06	44.91	37.83
Net Debt/Capital (%)	3.85	-134.71	177.11	95.98	68.23	34.63	54.79	70.77	793.96	196.57	165.06	6,293.41	-297.51	-126.38
EBITDA	- -	4	21	27	34	52	53	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	4	21	13	18	-29	-122	-103	-53	-55	-38	- -	- -	- -
Operating Income (Loss)	- -	4	19	23	30	52	53	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.04	59.78	45.19	14.34	16.28	30.28	61.3	- -	- -	- -	- -	- -	- -	- -
Current Ratio	0.04	6.05	2.59	0.84	1.41	1.41	2.18	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	0.04	61.24	45.22	14.59	16.57	30.55	62.12	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	-2.13	3.67	1.02	0.88	0.84	1.36	4.89	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-2,499	4.16	0.92	0.5	1.53	1.72	1.62	-2.01	-8.9	-12.15	-11.98	-16.72	-16.72	-17.53
Long-Term Debt/Equity (%)	- -	- -	- -	56.82	14.67	12.1	43.29	41.81	35.63	52.1	69.26	65.53	64.73	60.87
Long-Term Debt/Capital (%)	- -	- -	- -	75.22	38.32	22.45	60.3	73.96	127.5	137.95	137.23	309.33	1,368.68	-881.98
Long-Term Debt/Total Assets (%)	- -	- -	- -	13.6	2.89	1.9	7.32	5.67	6.99	11.15	13.05	12.15	10.14	9.42
Total Debt/Equity (%)	- -	- -	- -	72.78	29.34	24.2	43.29	41.81	35.63	52.1	69.26	65.53	64.73	60.87
Total Debt/Capital (%)	- -	- -	- -	96.35	76.65	44.91	60.3	73.96	127.5	137.95	137.23	309.33	1,368.68	-881.98
Total Debt/Total Assets (%)	- -	- -	- -	17.42	5.77	3.81	7.32	5.67	6.99	11.15	13.05	12.15	10.14	9.42
CFO/Total Liabilities	- -	-2	7.13	4.83	5.41	2.54	3.46	2.82	4.87	4.69	5.24	3.58	-0.37	1.47
CFO/CapEx	- -	- -	- -	1.69	2.24	0.54	0.35	0.7	1.18	0.87	1.58	- -	- -	- -
Altman's Z-Score	-63.8	0.21	0.18	0.14	0.21	0.15	0.15	-0.04	-0.16	-0.15	-0.14	-0.25	-0.21	-0.23

Working Capital (USD)

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	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	6.23	2.07	3.92	3.86	11.35	35.06	-11.5	-9.96	10.21	11.87	-4.29	6.13	3.93
Days Sales Outstanding	- -	58.63	176.08	93.17	94.61	32.15	10.41	-31.74	-36.65	35.75	30.76	-85.08	59.58	92.87
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	0.2	0.35	0.63	5.89	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	1,801.98	1,047.27	577.23	62	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	-1,708.8	-952.66	-545.08	-51.59	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	93.17	94.61	32.15	10.41	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	- -	10	12	11	16	27	32	25	84	64	57	53	46	55
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	58	66	115	115	115	115	115	106	106
+ Minority/Non Controlling Interest	- -	- -	1	1	2	2	3	3	2	3	3	3	3	2
+ Total Debt	- -	- -	- -	111	46	78	158	167	111	145	184	169	151	145
Enterprise Value	- -	-297	-428	-407	-640	-1,730	-1,576	-2,248	-1,083	139	129	235	214	199
Total Capital	- -	18	5	115	60	174	261	226	87	105	134	55	11	-16
Total Debt/Capital (%)	- -	- -	- -	96.35	76.65	44.91	60.3	73.96	127.5	137.95	137.23	309.33	1,368.68	-881.98
Total Debt / EV	- -	- -	- -	-0.27	-0.07	-0.05	-0.1	-0.07	-0.1	1.04	1.42	0.72	0.71	0.73
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.94	3.21	- -	6.19	8.52
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.9	2.16	5.77	- -	10.4
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.35	1.32	5.77	- -	10.4
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	-10	-12	101	32	111	195	260	145	200	245	235	214	199
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	- -	23	8	19	32	57	49	-47	-56	28	40	-21	35	23
TTM EBITDA	- -	4	21	27	34	52	53	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	4	19	23	30	52	53	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	- -	-4	31	30	42	63	62	72	62	48	60	41	-5	19
TTM Free Cash Flow to Firm	- -	-4	31	43	58	145	238	175	115	103	98	41	-5	19

Multiples (USD)

API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	-297	-428	-407	-640	-1,730	-1,576	-2,248	-1,083	139	129	235	214	199
Low Price	- -	- -	- -	- -	- -	24.6	23.51	24.25	6.98	24.7	17.5	17.75	21.13	19.2
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.94	3.21	- -	6.19	8.52
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	- -	- -	- -	5.36	0.99	1.96	4	- -	- -	7.1	6.11	- -	6.19	8.52
EV/Sales High	- -	- -	- -	5.36	0.99	1.96	4	- -	- -	7.1	6.11	- -	6.19	8.52
EV/Sales Low	- -	- -	- -	5.36	0.99	1.96	4	- -	- -	7.1	6.11	- -	6.19	8.52
EV/EBITDA Average	- -	-2.31	-0.56	3.8	0.94	2.13	3.64	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	-2.31	-0.56	3.8	0.94	2.13	3.64	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	-2.31	-0.56	3.8	0.94	2.13	3.64	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	-2.43	-0.61	4.44	1.08	2.13	3.64	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	-2.43	-0.61	4.44	1.08	2.13	3.64	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	-2.43	-0.61	4.44	1.08	2.13	3.64	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	25.8	24.67	25.63	24.99	25.47	20.49	22.54	22.44	20.77
High Price	- -	- -	- -	- -	- -	25.89	26.03	26	26.25	26.82	25.8	23.22	25	24.2
Enterprise Value Average	- -	-10	-12	101	32	111	195	260	145	200	245	235	214	199
Enterprise Value High	- -	-10	-12	101	32	111	195	260	145	200	245	235	214	199
Enterprise Value Low	- -	-10	-12	101	32	111	195	260	145	200	245	235	214	199

Shares Outstanding	8	8	8	8	8	13	17	17	17	18	24	30	32	37
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Tangible Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Cherry Hill Mortgage Investment Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)