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Ladder Capital LADR Securities — Interest Income (Expense), Net

Discontinued — last reported Q3 '20

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Other financials

Income statement

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Revenue$27.3M+25.3%
Net income$2.6M-77.5%
EPS (diluted)$0.02-77.8%

Balance sheet

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Cash & equivalents$33.1M-93.1%
Total debt$13.7M-19.4%
Total equity$1.4B-4.6%
Total assets$5.6B+8.8%

Cash flow

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Operating cash flow-$8.0M+72.2%
CapEx$743.0K-14.8%
Free cash flow-$8.7M+70.5%

Valuation

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Market cap$1.3B-14.3%
Enterprise value$1.28B+23.9%
P/E23.8×+9.0×
P/S12.4×-3.3×

Profitability

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Net margin52.2%-54.0pp

Returns & leverage

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Return on equity3.7%-3.0pp
Debt / equity0.0×

Where this comes from

Reported directly by Ladder Capital in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

The official record: Ladder Capital’s 10-Q, filed October 30, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does securities — interest income (expense), net mean?
The net profit generated from the spread between interest earned on assets and interest paid on liabilities.
How do you interpret securities — interest income (expense), net?
A wider net interest margin indicates strong profitability and efficient leverage, while a narrowing margin suggests interest rate compression or rising funding costs.
How does securities — interest income (expense), net compare across companies?
Commonly known as 'Net Interest Margin' or 'Net Interest Income' in banking and finance.