Manhattan Bridge Capital Inc

NASDAQ LOAN

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Manhattan Bridge Capital Inc Current Liabilities Ratio 2 year CAGR for the year ending December 31, 2023: -94.98%

Manhattan Bridge Capital Inc Current Liabilities Ratio 2 year CAGR is -94.98% for the year ending December 31, 2023, a -1,275.82% change year over year. The current liabilities ratio measures the proportion of a company's current liabilities in relation to its total assets. It is calculated by dividing current liabilities by total assets. This ratio indicates the percentage of a company's total assets that are financed by current liabilities, such as accounts payable and short-term debt. It helps assess the company's short-term solvency and its ability to meet immediate obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Manhattan Bridge Capital Inc Current Liabilities Ratio for the year ending December 31, 2022 was 0.41, a 27.32% change year over year.
  • Manhattan Bridge Capital Inc Current Liabilities Ratio for the year ending December 31, 2021 was 0.32, a -8.25% change year over year.
  • Manhattan Bridge Capital Inc Current Liabilities Ratio for the year ending December 31, 2020 was 0.35, a -10.69% change year over year.
  • Manhattan Bridge Capital Inc Current Liabilities Ratio for the year ending December 31, 2019 was 0.39, a -8.47% change year over year.
NASDAQ: LOAN

Manhattan Bridge Capital Inc

CEO Mr. Assaf Ran
IPO Date May 13, 1999
Location United States
Headquarters 60 Cutter Mill Road, Great Neck, NY, United States, 11021
Employees 5
Sector Real Estate
Industry Reit - mortgage
Description

Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. The company offers short-term, secured, and non-banking loans to real estate investors to fund acquisition, renovation, rehabilitation, or development of residential or commercial properties. Its loans are secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 1989 and is headquartered in Great Neck, New York.

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StockViz Staff

September 20, 2024

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