Impac Mortgage Holdings, Inc.

    Impac Mortgage Holdings, Inc.

    OOTC:IMPM
    - -
    USD
    - -
    - -

    Share Statistics

    As of December 31, 2022, Impac Mortgage Holdings, Inc. has 36.57M shares outstanding.

    Shares Outstanding36.57M

    Valuation Ratios

    These figures are as of December 31, 2022. The price-to-sales ratio is 0.50, and the price-to-book ratio stands at 0.00.

    PS Ratio0.50
    P/TBV Ratio-0.36
    P/FCF Ratio0.02
    P/OCF Ratio0.02

    Enterprise Valuation

    These figures are as of December 31, 2022. The EV/Sales ratio of 2.93 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Impac Mortgage Holdings, Inc. trades at an EV/FCF ratio of 0.09, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

    EV / Sales2.93
    EV / FCF0.09

    Financial Position

    As of December 31, 2022, Impac Mortgage Holdings, Inc. maintains a current ratio of 13.03, meaning it holds 13.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is -399.68, indicating conservative leverage, while an interest coverage ratio of -2.48 demonstrates limited ability to service its debt obligations.

    Current Ratio13.03
    Quick Ratio7.41
    Debt / Equity-399.68
    Debt / EBITDA-0.98
    Interest Coverage-2.48

    Financial Efficiency

    These figures cover the twelve months ended December 31, 2022. Return on assets (ROA) is negative at -3.82, reflecting losses generated across the asset base.

    Return on Assets (ROA)-3.82

    Margins

    Over the twelve months ended December 31, 2022, Impac Mortgage Holdings, Inc. posted a gross margin of -257.24, reflecting its pricing power and cost economics. The operating margin of -553.01 and net profit margin of -463.32 provide insight into operational efficiency.

    Gross Margin-257.24
    Operating Margin-553.01
    Pretax Margin-458.34
    Profit Margin-463.32
    EBITDA Margin-553.01

    Dividends & Yields

    These figures cover the twelve months ended December 31, 2022. The dividend payout ratio of -0.86 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 5,813.04, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 8,505.40, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Impac Mortgage Holdings, Inc. shareholders.

    Payout Ratio-0.86
    Shareholder Yield8,505.40
    FCF Yield5,813.04

    Stock Splits

    Impac Mortgage Holdings, Inc.'s most recent stock split took place on January 12, 2009 with a 10:1 split ratio.

    Last Split Date1/12/2009
    Split Ratio10:1

    Scores

    As of December 31, 2022, Impac Mortgage Holdings, Inc. has an Altman Z-Score of -31.48, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score-31.48