Cherry Hill Mortgage Investment Corporation Financial Ratios — CHMI-PB

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 (%)	- -	- -	1.47	8.49	16.25	21.87	10.24	-20.55	-26.08	1.37	7.74	-31.14	1.51	-2.36
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 (%)	- -	27.13	- -	- -	13.8	22.03	7.24	- -	- -	2.84	4.87	- -	2.89	1.75
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 (%)	- -	- -	-7.59	-0.96	6.2	11.42	-1.1	-31.67	-35.24	-7.33	-4.95	-45.61	-9.58	-18.36

Credit (USD)

Credit Ratios 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	-2,400	37.63	30.04	23.78	19.45	12.78	13.7	9.55	12.22	12.32	10.41	10.06	8.35	8.45
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 (%)	- -	- -	- -	32.89	11.34	9.74	30.21	29.48	26.27	34.25	40.92	39.59	39.29	37.84
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 (%)	- -	- -	- -	42.12	22.68	19.49	30.21	29.48	26.27	34.25	40.92	39.59	39.29	37.84
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 (%)	4	-6.88	-8.42	39.69	16.1	13.59	25.67	26.27	8.08	22.59	32.28	31.06	30.99	27.45
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)

Liquidity Ratios 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	-2,400	37.63	30.04	23.78	19.45	12.78	13.7	9.55	12.22	12.32	10.41	10.06	8.35	8.45
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 (%)	- -	- -	- -	32.89	11.34	9.74	30.21	29.48	26.27	34.25	40.92	39.59	39.29	37.84
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 (%)	- -	- -	- -	42.12	22.68	19.49	30.21	29.48	26.27	34.25	40.92	39.59	39.29	37.84
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	0.06	0.02	0.12	0.11	0.12	0.15	0.16

Working Capital (USD)

Working Capital Ratios 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

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)

Enterprise Value 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	- -	- -	- -	- -	- -	- -	- -	431	386	462	469	699	764	856
- 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	-1,817	-697	601	598	933	978	1,054
Total Capital	- -	161	160	263	202	401	521	566	424	424	449	428	385	384
Total Debt/Capital (%)	- -	- -	- -	42.12	22.68	19.49	30.21	29.48	26.27	34.25	40.92	39.59	39.29	37.84
Total Debt / EV	- -	- -	- -	-0.27	-0.07	-0.05	-0.1	-0.09	-0.16	0.24	0.31	0.18	0.15	0.14
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.37	14.88	- -	28.28	45.21
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.52	9.98	22.95	- -	55.21
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.82	6.11	22.95	- -	55.21
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	-10	-12	101	32	111	195	260	145	200	245	235	214	199
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	32.93	25.44	31.09	30.92	28.7
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)

Valuation Multiples 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	-1,817	-697	601	598	933	978	1,054
Low Price	- -	- -	- -	- -	- -	- -	- -	24.55	4.63	22.16	16.83	19.78	22.38	22.23
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.37	14.88	- -	28.28	45.21
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	1.53	1.98	2.88	3.2	4.99	6.14	6.57
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	1.51	1.89	2.88	3.6	4.62	6.26	6.79
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	1.59	2.36	3	4.09	5.14	6.5	6.95
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	1.45	0.41	2.52	2.7	4.24	5.69	6.27
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	1.53	1.98	2.88	3.2	4.99	6.14	6.57
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	1.51	1.89	2.88	3.6	4.62	6.26	6.79
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	1.59	2.36	3	4.09	5.14	6.5	6.95
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	1.45	0.41	2.52	2.7	4.24	5.69	6.27
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	- -	- -	23.51	19.25	- -	28.74	46.4
EV/Sales High	- -	- -	- -	5.36	0.99	1.96	4	- -	- -	24.23	21.02	- -	29.61	47.32
EV/Sales Low	- -	- -	- -	5.36	0.99	1.96	4	- -	- -	21.48	15.95	- -	26.66	43.54
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	- -	- -	- -	- -	- -	- -	- -	25.89	22.62	25.31	19.95	23.27	24.15	23.29
High Price	- -	- -	- -	- -	- -	- -	- -	26.87	26.95	26.4	25.5	23.97	25.6	24.63
Enterprise Value Average	- -	-10	-12	101	32	111	195	685	514	661	774	882	994	1,082
Enterprise Value High	- -	-10	-12	101	32	111	195	708	605	682	845	954	1,024	1,103
Enterprise Value Low	- -	-10	-12	101	32	111	195	669	224	604	641	829	922	1,015

Shares Outstanding	8	8	8	8	8	13	17	17	17	18	24	30	32	37
Diluted Weighted Avg Shares	- -	2	8	8	8	11	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	- -	2	8	8	8	11	- -	- -	- -	- -	- -	- -	- -	- -
Revenue per Share	- -	13.35	1.04	2.51	4.25	4.96	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	- -	2.58	2.86	3.54	4.48	4.56	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	2.45	2.58	3.04	3.93	4.56	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	12.5	0.31	1.76	3.31	3.98	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	12.56	0.32	1.78	3.36	4.2	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	12.5	0.31	1.76	3.3	3.98	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	12.56	0.32	1.78	3.36	4.19	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	1.97	2	2.11	2.12	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	-3.16	3.53	3.11	4.59	3.83	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow per Basic Share	- -	-3.16	3.53	1.27	2.54	-3.3	- -	- -	- -	- -	- -	- -	- -	- -
Cash & Equivalents per Share	- -	39.65	57.05	69	91.39	146.86	108.21	152.04	76.84	6.82	7.38	1.76	1.46	1.5
Book Value per Share	- -	21.44	21.28	20.13	20.49	20.6	17.72	16.88	11.41	8.79	6.24	4.67	3.94	3.54
Tangible Book Value per Share	- -	21.44	21.28	20.13	20.49	20.6	17.72	16.88	11.41	8.79	6.24	4.67	3.94	3.54

Cherry Hill Mortgage Investment Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)