LOAN: Manhattan Bridge Capital, Inc. - Summary | Jitta

Manhattan Bridge Capital, Inc.

NASDAQ:LOAN

Price
$5.44
Loss Chance
43.3%
6.23JITTA SCORE
79.85%Over Jitta Line
Jitta Ranking
238 / 735
1,072 / 5,115
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (52)
Recent Business Performance (77)
Financial Strength (77)
Return to Shareholders (59)
Competitive Advantage (67)
Jitta Signs
Operating MarginConsistent
CapExVery Low
SG&A to SalesDecreasing
Revenue and EarningRevenue decline from 2018-2021
Recent Business PerformanceEarning decline 12.49% in the last year
Cash Conversion CycleMore than 120 days
Key Stats
Jitta Score
Jitta Line
6.23
79.85%
5.43
86.26%
Mortgage REITs
5.75
33.19%
3.13
54.99%
5.17
81.61%
COMPANY DESCRIPTION
Manhattan Bridge Capital, Inc., a real estate finance company, originates, services, and manages a portfolio of first mortgage loans in the United States. It offers short-term, secured, and non-banking loans to real estate investors to fund their acquisition, renovation, rehabilitation, or enhancement of properties in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The company’s loans are primarily secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the borrowers. It qualifies as a real estate investment trust for federal income tax purposes. The company generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Manhattan Bridge Capital, Inc. was founded in 1989 and is headquartered in Great Neck, New York.