Granite Point Mortgage Trust Inc. Financial Ratios — G18

Profitability (USD)

	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	12/31/2015	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 (%)	- -	7.73	8.48	7.61	7.6	-4.15	6.94	-5.54	-8.43	-29.97	-9.48
Return on Assets (%)	- -	3.19	2.67	2.15	1.8	-0.93	1.67	-1.1	-2.01	-8.35	-2.13
Return on Capital (%)	- -	- -	- -	- -	- -	- -	2.38	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	5.74	93.88	129.38	-33.52	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	5.74	93.88	129.38	-33.55	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	112.95	200.58	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	2.37	71.55	72.01	68.85	65.73	-37.98	78.31	-52.14	-79.43	-519.48	-92.98
Profit Margin (%)	1.57	71.58	72.01	68.85	65.73	-38.54	78.09	-52.17	-79.55	-519.46	-93.32
Net Income to Common Margin (%)	1.57	71.58	71.95	68.74	65.64	-38.64	77.18	-70.7	-97.74	-555.59	-125.97
Effective Tax Rate (%)	33.65	- -	- -	- -	- -	- -	0.28	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	294.7	139.18	108.88	123.1	-84.06	97.64	-92.85	-55.24	-10.84	-18.67
Sustainable Growth Rate (%)	- -	-15.05	-3.32	-0.68	-1.76	-7.65	0.16	-10.69	-13.09	-33.22	-11.25

Credit (USD)

Credit Ratios API ChatGPT

	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	12/31/2015	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	335	1,187	121	997	1,469	1,528	2,261	1,415	1,076	875	733
ST Debt	167	594	- -	75	42	- -	- -	100	84	87	72
LT Debt	167	594	121	922	1,427	1,528	2,261	1,315	992	788	661
Total Debt/EBITDA	663.74	25.6	1.27	-32.48	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	220.58	11.59	0.14	-29.49	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	663.74	25.6	1.27	-32.46	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	220.58	11.59	0.14	-29.47	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	1.06	4.2	2.26	-0.34	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	1.06	4.2	2.26	-0.34	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	1.06	4.2	2.26	-0.34	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	11	42	92	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	67.37	28.62	33.12	24.59	22.82	22.13	25.4	28.47	30.17	29.27	31.48
Long-Term Debt/Equity (%)	34.35	138.7	14.64	111.46	140.03	163.62	223.18	133.64	115.44	127.31	119.58
Long-Term Debt/Capital (%)	20.36	36.75	12.77	50.54	57.35	62.07	69.06	54.81	51.26	52.75	51.42
Long-Term Debt/Total Assets (%)	23.14	39.69	4.85	27.44	31.99	36.21	56.69	38.06	34.83	37.27	37.66
Total Debt/Equity (%)	68.7	277.4	14.64	120.53	144.16	163.62	223.18	143.81	125.22	141.32	132.57
Total Debt/Capital (%)	40.72	73.5	12.77	54.65	59.04	62.07	69.06	58.98	55.6	58.56	57
Total Debt/Total Assets (%)	46.29	79.38	4.85	29.67	32.93	36.21	56.69	40.95	37.78	41.37	41.75
Net Debt to Equity	22.83	125.61	1.64	109.45	136.28	135.62	204.24	130.27	103.3	127.14	120.64
Net Debt/Capital (%)	14.53	34.48	1.61	52.26	57.68	57.56	67.13	56.57	50.81	55.98	54.68
EBITDA	1	46	96	-31	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	1	46	96	-31	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	1	46	96	-31	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	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	12/31/2015	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	0.24	0.06	0.07	4.22	- -	- -	- -	- -	- -	- -	- -
Current Ratio	0.26	0.06	0.07	5.4	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	0.25	0.07	0.08	4.63	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	0.05	0.02	0.07	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	67.37	28.62	33.12	24.59	22.82	22.13	25.4	28.47	30.17	29.27	31.48
Long-Term Debt/Equity (%)	34.35	138.7	14.64	111.46	140.03	163.62	223.18	133.64	115.44	127.31	119.58
Long-Term Debt/Capital (%)	20.36	36.75	12.77	50.54	57.35	62.07	69.06	54.81	51.26	52.75	51.42
Long-Term Debt/Total Assets (%)	23.14	39.69	4.85	27.44	31.99	36.21	56.69	38.06	34.83	37.27	37.66
Total Debt/Equity (%)	68.7	277.4	14.64	120.53	144.16	163.62	223.18	143.81	125.22	141.32	132.57
Total Debt/Capital (%)	40.72	73.5	12.77	54.65	59.04	62.07	69.06	58.98	55.6	58.56	57
Total Debt/Total Assets (%)	46.29	79.38	4.85	29.67	32.93	36.21	56.69	40.95	37.78	41.37	41.75
CFO/Total Liabilities	1.37	3.33	1.83	2.46	1.8	0.62	2.03	2.38	2.62	0.59	0.22
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	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	12/31/2015	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	- -	12.96	13.64	10.55	9.89	8.85	7.58	6.49	6.16	3.79	5.42
Days Sales Outstanding	- -	28.16	26.75	34.61	36.89	41.24	48.17	56.27	59.25	96.37	67.3
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	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	12/31/2015	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	- -	- -	- -	- -	- -	550	634	275	304	137	112
- Cash & Cash Equivalents	56	56	108	92	80	261	192	133	188	88	66
+ Preferred Equity and Hybrid Capital	- -	- -	1	1	1	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	335	1,187	121	997	1,469	1,528	2,261	1,415	1,076	875	733
Enterprise Value	- -	- -	- -	- -	- -	1,817	2,703	1,556	1,192	925	779
Total Capital	821	1,615	950	1,825	2,488	2,462	3,274	2,398	1,935	1,494	1,286
Total Debt/Capital (%)	40.72	73.5	12.77	54.65	59.04	62.07	69.06	58.98	55.6	58.56	57
Total Debt / EV	- -	- -	- -	- -	- -	0.84	0.84	0.91	0.9	0.95	0.94
EV/Sales	- -	- -	- -	- -	- -	17.31	30.88	19.89	15	23.2	17.66
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	44.83	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	44.83	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	550	647	278	311	142	112
Diluted Enterprise Value	- -	- -	- -	- -	- -	1,816	2,717	1,560	1,198	929	780
EV per Share	- -	- -	- -	- -	- -	32.91	50.26	29.73	23.56	18.95	16.38
TTM Sales	9	49	74	92	107	105	88	78	79	40	44
TTM EBITDA	1	46	96	-31	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	1	46	96	-31	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	4	- -	- -	- -	- -	- -	60	- -	- -	- -	- -
TTM Free Cash Flow to Firm	4	- -	- -	- -	- -	- -	60	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	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	12/31/2015	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	- -	- -	- -	- -	- -	27.14	10.73	4.72	5.96	16.19	42.18
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	1,817	2,703	1,556	1,192	925	779
Low Price	- -	- -	- -	- -	- -	3.72	9.23	5.22	3.95	2.44	1.57
EV/Sales	- -	- -	- -	- -	- -	17.31	30.88	19.89	15	23.2	17.66
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	9.52	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	10.21	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	12.4	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	7.46	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	0.59	0.63	0.28	0.35	0.22	0.2
Price/Book Value Average	- -	- -	- -	- -	- -	0.41	0.67	0.49	0.31	0.29	0.22
Price/Book Value High	- -	- -	- -	- -	- -	0.63	0.82	0.64	0.41	0.47	0.27
Price/Book Value Low	- -	- -	- -	- -	- -	0.22	0.49	0.28	0.23	0.19	0.14
Price/Tangible Book Value	- -	- -	- -	- -	- -	0.59	0.63	0.28	0.35	0.22	0.2
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	0.41	0.67	0.49	0.31	0.29	0.22
Price/Tangible Book Value High	- -	- -	- -	- -	- -	0.63	0.82	0.64	0.41	0.47	0.27
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	0.22	0.49	0.28	0.23	0.19	0.14
Price/Sales	- -	- -	- -	- -	- -	5.24	7.35	3.55	3.91	3.56	2.55
Price/Sales Average	- -	- -	- -	- -	- -	3.64	7.88	6.29	3.37	4.63	2.83
Price/Sales High	- -	- -	- -	- -	- -	5.6	9.57	8.12	4.5	7.62	3.39
Price/Sales Low	- -	- -	- -	- -	- -	1.96	5.76	3.54	2.57	3.08	1.7
Price/Cash Flow	- -	- -	- -	- -	- -	27.14	10.67	4.72	5.96	16.19	42.18
Price/Cash Flow Average	- -	- -	- -	- -	- -	18.86	11.44	8.36	5.14	21.1	46.75
Price/Cash Flow High	- -	- -	- -	- -	- -	29.02	13.9	10.78	6.87	34.67	56.13
Price/Cash Flow Low	- -	- -	- -	- -	- -	10.14	8.35	4.7	3.92	14.04	28.16
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	18.86	11.51	8.36	5.14	21.1	46.75
Price/Free Cash Flow High	- -	- -	- -	- -	- -	29.02	13.98	10.78	6.87	34.67	56.13
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	10.14	8.41	4.7	3.92	14.04	28.16
EV/Sales Average	- -	- -	- -	- -	- -	15.71	31.41	22.59	14.48	24.24	17.94
EV/Sales High	- -	- -	- -	- -	- -	17.68	33.07	24.39	15.58	27.13	18.5
EV/Sales Low	- -	- -	- -	- -	- -	14.03	29.31	19.87	13.69	22.74	16.82
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	9.97	11.78	5.25	6.02	2.81	2.35
High Price	- -	- -	- -	- -	- -	10.66	15.35	11.98	6.93	6.02	3.13
Enterprise Value Average	- -	- -	- -	- -	- -	1,649	2,749	1,768	1,150	966	791
Enterprise Value High	- -	- -	- -	- -	- -	1,855	2,895	1,909	1,238	1,081	816
Enterprise Value Low	- -	- -	- -	- -	- -	1,472	2,566	1,555	1,087	906	742

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	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	12/31/2015	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

Shares Outstanding	43	43	43	44	55	55	54	52	51	49	48
Diluted Weighted Avg Shares	43	43	43	52	53	55	55	53	52	50	48
Basic Weighted Avg Shares	43	43	43	43	53	55	55	53	52	50	48
Revenue per Share	0.2	1.14	1.71	2.11	2.01	1.9	1.6	1.48	1.54	0.79	0.92
EBITDA per Share	0.01	1.07	2.21	-0.71	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	0.01	1.07	2.21	-0.71	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	0.82	1.23	1.45	1.32	-0.73	1.24	-1.04	-1.5	-4.39	-1.16
Basic EPS from Cont Ops	- -	0.82	1.23	1.45	1.32	-0.73	1.25	-0.77	-1.22	-4.11	-0.86
Diluted EPS, GAAP	- -	0.82	1.23	1.21	1.32	-0.73	1.23	-1.04	-1.5	-4.39	-1.16
Diluted EPS from Cont Ops	- -	0.82	1.23	1.21	1.32	-0.73	1.24	-0.77	-1.22	-4.11	-0.86
Dividend per Share	- -	2.41	1.72	1.58	1.63	0.62	1.22	1.24	1.11	0.76	0.52
Cash Flow per Share	0.07	0.82	0.71	1.44	1.17	0.37	1.1	1.11	1.01	0.17	0.06
Free Cash Flow per Basic Share	0.07	0.82	0.71	1.44	1.17	0.37	1.1	1.11	1.01	0.17	0.06
Cash & Equivalents per Share	1.3	1.59	2.79	2.39	1.7	4.74	3.57	2.54	3.72	1.8	1.39
Book Value per Share	11.26	9.9	19.14	18.95	18.56	16.92	18.83	18.79	16.98	12.68	11.62
Tangible Book Value per Share	11.26	9.9	19.14	18.95	18.56	16.92	18.83	18.79	16.98	12.68	11.62