Invesco Mortgage Capital Inc. (NYSE:IVR) trade is getting exciting but lets take a deeper look whether it is as good a moment. Now trading with a market value of 2.13B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. In light of the many issues surrounding this company, we thought it was a good time to take a close look at the numbers in order to form a realistic perspective on the fundamental picture for this stock.Invesco Mortgage Capital Inc. (NYSE:IVR) Fundamentals That Matter
It’s generally a good idea to start with the most fundamental piece of the picture: the balance sheet. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For IVR, the company currently has 21.88 billion of cash on the books, which is offset by 22.04 billion in current liabilities. The trend over time is important to note. In this case, the company’s debt has been growing. The company also has 862.85 million in total assets, balanced by 0 in total liabilities, which should give you a sense of the viability of the company under any number of imagined business contexts.
Invesco Mortgage Capital Inc. saw 157002 in free cash flow last quarter, representing a quarterly net change in cash of 154891. Perhaps most importantly where cash movements are concerned, the company saw about 0 in net operating cash flow.
As far as key trends that demonstrate something of the future investment potential of this stock, we need to take a closer look at the top line, first and foremost. Last quarter, the company saw 202.22 million in total revenues. That represents a quarterly year/year change in revenues of 0.25% in sequential terms, the IVR saw sales decline by 0.07%.
But what about the bottom line? After all, that’s what really matters in the end. Invesco Mortgage Capital Inc. is intriguing when broken down to its core data. The cost of selling goods last quarter was 140.61 million, yielding a gross basic income of 61.62 million. For shareholders, given the total diluted outstanding shares of 129.03M, this means overall earnings per share of 66445000.