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Bimini Capital Management (Bimini Capital Management) Equity-to-Asset : 0.07 (As of Dec. 2023)


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What is Bimini Capital Management Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bimini Capital Management's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8.13 Mil. Bimini Capital Management's Total Assets for the quarter that ended in Dec. 2023 was $125.60 Mil. Therefore, Bimini Capital Management's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.07.

The historical rank and industry rank for Bimini Capital Management's Equity-to-Asset or its related term are showing as below:

BMNM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.17   Max: 0.39
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of Bimini Capital Management was 0.39. The lowest was 0.06. And the median was 0.17.

BMNM's Equity-to-Asset is ranked worse than
96.47% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs BMNM: 0.07

Bimini Capital Management Equity-to-Asset Historical Data

The historical data trend for Bimini Capital Management's Equity-to-Asset 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.

Bimini Capital Management Equity-to-Asset Chart

Bimini Capital Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.27 0.27 0.14 0.07

Bimini Capital Management Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.16 0.13 0.11 0.07

Competitive Comparison of Bimini Capital Management's Equity-to-Asset

For the Asset Management subindustry, Bimini Capital Management's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Bimini Capital Management's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bimini Capital Management's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Bimini Capital Management's Equity-to-Asset falls into.



Bimini Capital Management Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Bimini Capital Management's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=8.128/125.598
=0.06

Bimini Capital Management's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=8.128/125.598
=0.06

* 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.


Bimini Capital Management  (OTCPK:BMNM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Bimini Capital Management Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Bimini Capital Management's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Bimini Capital Management (Bimini Capital Management) Business Description

Traded in Other Exchanges
N/A
Address
3305 Flamingo Drive, Vero Beach, FL, USA, 32963
Bimini Capital Management Inc is a specialty finance company that operates in two reportable segments, The asset management segment includes the investment advisory services provided by Bimini Advisors to Orchid and Royal Palm. The investment portfolio segment includes the investment activities conducted by Royal Palm. The investment portfolio segment receives revenue in the form of interest and dividend income on its investments.
Executives
Robert J Dwyer director 880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480
Robert E Cauley director, officer: Secretary/Chief Fin. Officer C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Haas G Hunter Iv officer: EVP, CIO, Interim CFO & Treas C/O BIMINI CAPITAL MANAGEMENT, INC., 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Frank E Jaumot director 190 SE 19TH AVENUE, POMPANO BEACH FL 33060
J Christopher Clifton officer: EVP, GC, CCO & Sec C/O BIMINI CAPITAL MANAGEMENT, INC., 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Jason Kaplan director, officer: Senior Exec. Vice President C/O OPTEUM FINANCIAL SERVICES, LLC, W115 CENTURY ROAD, PARAMUS NJ 07652
Peter R Norden director C/O OPTEUM FINANCIAL SERVICES, W115 CENTURY ROAD, PARAMUS NJ 07652
Amber K Luedke officer: Treasurer C/O BIMINI MORTGAGE MANAGEMENT INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Jeffrey J Zimmer director, officer: Pres./CEO 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Kevin L Bespolka director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
W Christopher Mortenson director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Burford H Ortale director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Maureen A Hendricks director C/O MILLIPORE CORP, BEDFORD MA 01730