Granite Point Mortgage Trust Debt covenant, target asset leverage ratio (as a percent) decreased by 9.1% to 63.2% in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.9%, from 71.7% to 63.2%.
other_debt_instrument_debt_covenant_target_asset_leverag_31a279| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 65.7% | 66.3% | 64.7% | 68.9% | 67.2% | 71.7% | 70.3% | 69.9% | 70.9% | 69.4% | 68.6% | 71.7% | 71.4% | 69.5% | 63.2% |
| QoQ Change | — | +0.9% | -2.4% | +6.5% | -2.5% | +6.7% | -2.0% | -0.6% | +1.4% | -2.1% | -1.2% | +4.5% | -0.4% | -2.7% | -9.1% |
| YoY Change | — | — | — | +4.9% | +1.4% | +10.8% | +2.0% | +4.0% | -1.1% | -1.3% | -1.9% | +1.1% | +2.9% | +1.3% | -11.9% |