Non-Current Liabilities

Secured Debt

Granite Point Mortgage Trust Secured Debt increased by 0.1% to $17.57M in Q1 2026 compared to the prior quarter. Over 2 years (FY 2021 to FY 2025), Secured Debt shows a downward trend with a -85.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026May 5, 2026

How to read this metric

Higher levels of secured debt may indicate limited access to unsecured credit markets or a strategy to lower interest costs by pledging collateral.

Detailed definition

This refers to debt obligations backed by specific company assets pledged as collateral. In the event of default, credit...

Peer comparison

Commonly used by industrial companies to finance heavy equipment or large-scale infrastructure projects.

Metric ID: secured_debt

Historical Data

9 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '24Q4 '25Q1 '26
Value$942.38M$1.09B$848.05M$919.48M$1.32B$1.24B$0.00$17.55M$17.57M
QoQ Change+15.6%-22.2%+8.4%+43.0%-5.7%-100.0%+0.1%
YoY Change+39.6%+13.9%
Range$0.00$1.32B
CAGR-86.3%
Avg YoY Growth+26.7%
Median YoY Growth+26.7%

Frequently Asked Questions

What is Granite Point Mortgage Trust's secured debt?
Granite Point Mortgage Trust (GPMT) reported secured debt of $17.57M in Q1 2026.
What is the long-term trend for Granite Point Mortgage Trust's secured debt?
Over 2 years (2021 to 2025), Granite Point Mortgage Trust's secured debt has grown at a -85.6% compound annual growth rate (CAGR), from $848.05M to $17.55M.
What does secured debt mean?
Debt that is backed by specific assets the company owns.