AG Mortgage Investment Trust, Inc. (MITT) financial statements (2021 and earlier)

Company profile

Business Address 245 PARK AVENUE
NEW YORK, NY 10167
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 investments82321552466486
Cash and cash equivalents82321552466486
Assets held-for-sale, not part of disposal group0    
Total current assets:82321552466486
Noncurrent Assets
Property, plant and equipment 141     
Total noncurrent assets: 141     
Other undisclosed assets4,2663,3763,7742,5763,1183,3943,599
TOTAL ASSETS:4,3483,5493,7892,6293,1643,4583,685
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt  3,0041,9012,0352,645 
Total current liabilities:  3,0041,9012,0352,645 
Noncurrent Liabilities
Other undisclosed liabilities3,4992,8937172462812,980
Total liabilities:3,4992,8933,0751,9732,4972,7262,980
Stockholders' equity
Stockholders' equity attributable to parent, including:849656714656667733704
Common stock0000000
Additional paid in capital662595586576585586586
Accumulated other comprehensive loss   (17)(8)  
Accumulated deficit(86)(101)(33)(82)(79)(15)(43)
Other undisclosed stockholders' equity attributable to parent272161161178169161161
Total stockholders' equity:849656714656667733704
TOTAL LIABILITIES AND EQUITY:4,3483,5493,7892,6293,1643,4583,685

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
Revenues172156129123141142151
Net investment income172156129123141142 
Financial services revenue    151
Cost of revenue
(Cost of Goods and Services Sold)
(1)(4)(2)(2)(2)(2)(1)
Gross profit:171153127121140140150
Operating expenses(28)(27)(21)(20)(22)(22)(11)
Operating income:143126107101117118139
Nonoperating income (expense)39(67)44(5)(75)106(341)
Investment income, nonoperating (60)32(8) 91(208)
Other nonoperating income (expense)1000(75)15(133)
Interest and debt expense(90)(72)(44)(34)(31)(26)(26)
Other undisclosed loss from continuing operations before equity method investments, income taxes(2)(1)(1)(1)   
Income (loss) from continuing operations before equity method investments, income taxes:90(14)1066211197(228)
Income from equity method investments816132 4 
Other undisclosed income (loss) from continuing operations before income taxes    (1)(95)197
Income (loss) from continuing operations before income taxes:9721196410106(31)
Income tax expense (benefit)     0(3)
Income (loss) from continuing operations:9721196410106(34)
Income from discontinued operations4      
Net income (loss):10221196410106(34)
Other undisclosed net income (loss) attributable to parent(9)   342
Net income (loss) attributable to parent:9321196414109(32)
Preferred stock dividends and other adjustments(16)      
Other undisclosed net loss available to common stockholders, basic (13)(13)(13)(13)(13)(13)
Net income (loss) available to common stockholders, diluted:77(12)10550096(45)

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):10221196410106(34)
Comprehensive income (loss), net of tax, attributable to parent:10221196410106(34)

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.

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