Claros Mortgage Trust (Claros Mortgage Trust) Debt-to-Equity : 0.84 (As of Mar. 2024)

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What is Claros Mortgage Trust Debt-to-Equity?

Claros Mortgage Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. Claros Mortgage Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,849.4 Mil. Claros Mortgage Trust's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,215.9 Mil. Claros Mortgage Trust's debt to equity for the quarter that ended in Mar. 2024 was 0.83.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Claros Mortgage Trust's Debt-to-Equity or its related term are showing as below:

CMTG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.66 Max: 0.84
Current: 0.84

During the past 5 years, the highest Debt-to-Equity Ratio of Claros Mortgage Trust was 0.84. The lowest was 0.43. And the median was 0.66.

CMTG's Debt-to-Equity is ranked worse than
53.79% of 673 companies
in the REITs industry
Industry Median: 0.78 vs CMTG: 0.84

Claros Mortgage Trust Debt-to-Equity Historical Data

The historical data trend for Claros Mortgage Trust's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Claros Mortgage Trust Debt-to-Equity Chart

Claros Mortgage Trust Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.43

0.61

0.49

0.69

0.81

Claros Mortgage Trust Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.74	0.76	0.80	0.81	0.84

Competitive Comparison of Claros Mortgage Trust's Debt-to-Equity

For the REIT - Mortgage subindustry, Claros Mortgage Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Claros Mortgage Trust's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Claros Mortgage Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Claros Mortgage Trust's Debt-to-Equity falls into.

Claros Mortgage Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Claros Mortgage Trust's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1871.772)	/	2299.9
	=	0.81

Claros Mortgage Trust's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1849.448)	/	2215.883
	=	0.83

Claros Mortgage Trust (NYSE:CMTG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Claros Mortgage Trust Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Claros Mortgage Trust's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Claros Mortgage Trust (Claros Mortgage Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Claros Mortgage Trust Inc (NYSE:CMTG) » Definitions » Debt-to-Equity

Comparable Companies

ARI LADR TWO RC PMT CIM FBRT MFA EFC RWT NLY STWD AGNC RITM BXMT ABR ARR KREF NYMT DX

Traded in Other Exchanges

5WO:Germany

Address

C/o Mack Real Estate Credit Strategies, L.P., 60 Columbus Circle, 20th Floor, New York, NY, USA, 10023

Website

https://www.clarosmortgage.com

Claros Mortgage Trust Inc is a real estate investment trust. The company is focused primarily on originating senior and subordinate loans on transitional commercial real estate assets located in major markets across the U.S.

Executives

Steven Leonard Richman	director	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
W Edward Walter	director
Jeffrey D Siegel	officer: See Remarks	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Jai Agarwal	officer: Chief Financial Officer	601 LEXINGTON AVE, 26TH FLOOR, NEW YORK NY 10022
Richard Mack	director, officer: See Remarks	60 COLOMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Mary Haggerty	director	13190 SW 68TH PARKWAY, SUITE 110, TIGARD OR 97223
Mike Mcgillis	director, officer: See Remarks	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Pamela Liebman	director	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Vincent Tese	director	245 PARK AVE, 19TH FL., NEW YORK NY 10167
Andrew Mark Silberstein	director	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Koch Industries Inc	10 percent owner	4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Koch Holdings, Llc	10 percent owner	4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Beaverhead Capital, Llc	10 percent owner	4111 E. 37TH STREET NORTH, WICHITA KS 67220
Derrick D Cephas	director	690 LEE ROAD, WAYNE PA 19087
Priyanka Garg	officer: See Remarks	C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023