Discontinued — last reported Q2 '23

Geographic · Debt Instrument Carrying Value

Michigan One — Debt Instrument Carrying Value

Chicago Atlantic Real Estate Finance Michigan One — Debt Instrument Carrying Value decreased by 88.6% to $4.26M in Q2 2023 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2021
Last reportedQ2 2023Aug 9, 2023

How to read this metric

Changes in carrying value reflect either the repayment of principal or adjustments due to credit quality changes.

Detailed definition

The net book value of the debt instrument on the balance sheet, reflecting the principal balance adjusted for any unamor...

Peer comparison

Standard 'Carrying Value' or 'Book Value' of loans held for investment.

Metric ID: refi_segment_michigan_one_debt_instrument_carrying_value

Historical Data

5 periods
 Q4 '21Q3 '22Q4 '22Q1 '23Q2 '23
Value$11.82M$36.46M$37.12M$37.45M$4.26M
QoQ Change+208.4%+1.8%+0.9%-88.6%
YoY Change+213.9%
Range$4.26M$37.45M
CAGR-64.0%
Avg YoY Growth+213.9%
Median YoY Growth+213.9%

Frequently Asked Questions

What is Chicago Atlantic Real Estate Finance's michigan one — debt instrument carrying value?
Chicago Atlantic Real Estate Finance (REFI) reported michigan one — debt instrument carrying value of $4.26M in Q2 2023.
What does michigan one — debt instrument carrying value mean?
The current value of the loan as recorded on the company's balance sheet.