Other

Secured credit facility

Granite Point Mortgage Trust Secured credit facility decreased by 13.0% to $1.79M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 29.5%, from $2.54M to $1.79M. Over 3 years (FY 2022 to FY 2025), Secured credit facility shows an upward trend with a 192.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryLeverage
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 5, 2026

How to read this metric

Rising costs indicate higher interest rates on debt or increased reliance on secured financing.

Detailed definition

Interest expense associated with debt obligations that are collateralized by specific company assets, excluding standard...

Peer comparison

Standard for companies with asset-backed capital structures.

Metric ID: other_interest_expense_other_secured_financings

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$95.75K$95.75K$95.75K$95.75K$2.93M$3.08M$3.18M$3.11M$2.69M$2.71M$2.75M$2.67M$2.54M$2.56M$2.39M$2.06M$1.79M
QoQ Change+0.0%+0.0%+0.0%>999%+5.0%+3.3%-2.2%-13.5%+0.9%+1.4%-3.1%-4.8%+1.0%-6.6%-14.1%-13.0%
YoY Change>999%>999%>999%>999%-8.2%-11.7%-13.4%-14.2%-5.6%-5.5%-13.0%-22.9%-29.5%
Range$95.75K$3.18M
CAGR+107.9%
Avg YoY Growth+947.0%
Median YoY Growth-8.2%
Current Streak3 quarters decline

Frequently Asked Questions

What is Granite Point Mortgage Trust's secured credit facility?
Granite Point Mortgage Trust (GPMT) reported secured credit facility of $1.79M in Q1 2026.
How has Granite Point Mortgage Trust's secured credit facility changed year-over-year?
Granite Point Mortgage Trust's secured credit facility decreased by 29.5% year-over-year, from $2.54M to $1.79M.
What is the long-term trend for Granite Point Mortgage Trust's secured credit facility?
Over 3 years (2022 to 2025), Granite Point Mortgage Trust's secured credit facility has grown at a 192.2% compound annual growth rate (CAGR), from $383.00K to $9.55M.
What does secured credit facility mean?
Interest paid on debt backed by specific company assets.