Impac Mortgage Holdings, Inc. (IMH) financial statements (2021 and earlier)

Company profile

Business Address 19500 JAMBOREE ROAD
IRVINE, CA 92612
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments25233340321010
Cash and cash equivalents25233340321010
Restricted cash and investments12766321
Receivables   6336  
Disposal group, including discontinued operation    310  
Other current assets    3934 
Total current assets:3730391094214611
Noncurrent Assets
Property, plant and equipment1111 23
Long-term investments and receivables      0
Long-term investments      0
Intangible assets, net (including goodwill) 18126131135 
Goodwill  105105105  
Intangible assets, net (excluding goodwill) 18222630  
Deferred tax assets, net   24  
Total noncurrent assets:11912713215923
Other undisclosed assets3,5083,5984,5164,6234,6315,5315,704
TOTAL ASSETS:3,5463,6484,6824,8645,2115,5795,718
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt7022845754213266 
Total current liabilities:7022845754213266 
Noncurrent Liabilities
Long-term debt and lease obligation   3030  
Long-term debt, excluding current maturities   3030  
Liabilities, other than long-term debt4      
Deferred rent credit4 
Total noncurrent liabilities:4  3030  
Other undisclosed liabilities2,7373,2543,8414,1824,7415,5485,692
Total liabilities:3,4423,5384,4174,6335,0975,5545,692
Stockholders' equity
Stockholders' equity attributable to parent, including:1041102652311142526
Common stock0000000
Additional paid in capital1,2361,2351,2341,1681,0981,0901,084
Accumulated other comprehensive income2524     
Accumulated deficit(1,157)(1,149)(969)(937)(984)(1,065)(1,058)
Other undisclosed stockholders' equity attributable to parent00000 0
Other undisclosed stockholders' equity     0 
Total stockholders' equity:1041102652311142526
TOTAL LIABILITIES AND EQUITY:3,5463,6484,6824,8645,2115,5795,718

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues911051392981674586
Revenue, net68101519
Contractually specified servicing fee, late fee, and ancillary fee earned in exchange for servicing financial asset15 
Gain on disposition of assets for financial service operations99 
Financial services revenue110175329169  
Cost of revenue
(Cost of Goods and Services Sold)
     (6)(6)
Gross profit:911051392981674080
Operating expenses(97)(249)(156)(238)(96)(56)(88)
Other operating income, net
(Noninterest Income, Other Operating Income)
     28
Operating income (loss):(6)(144)(18)6071(15)(0)
Nonoperating income (expense)(2)46(12)(12)8(4)
Investment income, nonoperating (1)2(1)0  
Mortgage servicing rights (msr) impairment (recovery)(26)4(38)(24)(11)6(6)
Interest and debt expense(156)(184)(1)(261)(275)(295)(310)
Other undisclosed income from continuing operations before equity method investments, income taxes1561841261275298309
Income (loss) from continuing operations before income taxes:(8)(140)(11)4859(3)(6)
Income tax expense (benefit)0(5)(20)(1)22(1)1
Income (loss) from continuing operations:(8)(145)(32)4781(4)(5)
Loss from discontinued operations     (2)(3)
Net income (loss):(8)(145)(32)4781(6)(8)
Net loss attributable to noncontrolling interest      (0)
Net income (loss) available to common stockholders, basic:(8)(145)(32)4781(6)(8)
Interest on convertible debt   23  
Net income (loss) available to common stockholders, diluted:(8)(145)(32)4984(6)(8)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(8)(145)(32)4781(6)(8)
Comprehensive income (loss):(8)(145)(32)4781(6)(8)
Comprehensive income, net of tax, attributable to noncontrolling interest      0
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1(3)     
Comprehensive income (loss), net of tax, attributable to parent:(7)(149)(32)4781(6)(8)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: