The firm has undergone a radical deleveraging, reducing total debt to $0 by 2026Q1 from a peak of $372.1M in 2024Q1, while total assets contracted significantly to $473.3M.
| Total Assets | 473.27M | 460.05M | 491.98M | 625.54M | 565.66M | 417.96M | 226.67M | 141.21M | 10.64K | 10.18K | 38.37M | 30.8M | 21.46M |
| Asset Growth % | -37.39% | -6.49% | -21.35% | 10.59% | 35.34% | 84.39% | 60.52% | 1326449.98% | 4.61% | -99.97% | 24.59% | 43.53% | - |
| Real Estate & Other Assets | 0 | 0 | -4.31M | -2.75B | -28.36M | -2.17M | -1.43M | -1.42M | -1.29M | -1.46M | -1.96M | 28.96M | 15.58M |
| PP&E (Net) | 3.09M | 3.16M | 3.22M | 3.37M | 4.12M | 2.17M | 1.43M | 1.42M | 1.19M | 501.82K | 397.45K | 0 | 0 |
| Investment Securities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 17.17M | 15.98M | 0 | 12.6M | 23.71M | 0 | 0 | 0 | 99.31K | 954.22K | 1.56M | 1.83M | 5.87M |
| Cash & Equivalents | 11.56M | 10.92M | 18.07M | 12.6M | 23.71M | 41.94M | 19.41M | 18.84M | 171.68K | 1.07M | 1.56M | 1.83M | 5.87M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | -86.37M | -101.31M | -535.56M | -408.39M | -216.23M | -131.49M | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 698.86K | 130.4K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 307.66M | 285.11M | 310.32M | 395.46M | 347.95M | 237.88M | 145.75M | 58.65M | 15.44K | 15.42K | 28.49M | 6.57M | 13.28K |
| Total Debt | 0 | 0 | 301.24M | 371.69M | 326.93M | 213.58M | 138.78M | 56.34M | 1.49M | 301.1K | 310K | 6M | 0 |
| Net Debt | -11.56M | -10.92M | 283.17M | 359.09M | -23.24M | 171.64M | 119.37M | 37.49M | 1.32M | -764.31K | -1.25M | 4.17M | -5.87M |
| Long-Term Debt | 0 | 0 | 227.53M | 283.43M | 280.81M | 161.31M | 110.72M | 56.32M | 1.49M | 301.1K | 310K | 6M | 0 |
| Short-Term Borrowings | 0 | 0 | 73.71M | 88.25M | 46.12M | 52.27M | 28.06M | 17.25K | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 0 | 0 | 482.39K | 323.42K | 76.21M | 0 | 0 | 176.62K | 40.59K | 24.35K | 37.83K | 13.28K |
| Accounts Payable | 0 | 0 | 0 | 4.56B | 241.88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 4.15M | 3.85M | 4.64M | 2.1M | 1.21M | 1.06M | 1.11M | 290.46K | 190.02K | 0 |
| Other Liabilities | 0 | 285.11M | -227.53M | 112.03M | 0 | -165.95M | -112.82M | -57.52M | 31.54M | 12.59M | 9.55M | 565.97K | 0 |
| Total Equity | 165.61M | 174.94M | 181.65M | 230.07M | 217.71M | 180.08M | 80.92M | 82.56M | 113.35M | 76.57M | 45.23M | 24.23M | 16.1M |
| Equity Growth % | -54.45% | -3.7% | -21.05% | 5.68% | 20.89% | 122.55% | -1.99% | -27.16% | 48.03% | 69.29% | 86.68% | 50.46% | - |
| Shareholders Equity | 165.61M | 174.94M | 181.65M | 230.07M | 217.71M | 180.08M | 80.92M | 82.56M | 86.01M | 67.49M | 38.37M | 24.23M | 16.1M |
| Minority Interest | 0 | 0 | 0 | 0 | 247.81M | 0 | 0 | 0 | 27.34M | 9.08M | 6.86M | 0 | 0 |
| Common Stock | 48K | 48K | 47K | 46.77K | 41.09K | 32.73K | 22.13K | 22.12K | 15.44K | 15.42K | 28.49M | 24.23M | 16.1M |
| Additional Paid-in Capital | 0 | 0 | 256.96M | 249.83M | 226.22M | 185.52M | 83.81M | 83.86M | 53.19M | 53.32M | 0 | 0 | 0 |
| Retained Earnings | 0 | 0 | -75.35M | -20.12M | -8M | -4.99M | -2.89M | -1.27M | 52.8M | 54.57M | 28.49M | 0 | 0 |
| Preferred Stock | 2K | 2K | 2K | 2.03K | 1.9K | 1.9K | 0 | 0 | 0 | 1.24M | 0 | 0 | 0 |
| Return on Assets (ROA) | 0.5% | 1.33% | -7.08% | 2.67% | 4.25% | 4.13% | 4.89% | 8.77% | 74653.33% | 25.33% | 8.82% | 8.83% | 6.85% |
| Return on Equity (ROE) | 1.39% | 3.54% | -19.22% | 7.1% | 10.51% | 10.21% | 11% | 6.33% | 8.18% | 7.98% | 8.78% | 11.44% | 9.13% |
| Debt / Assets | 0% | - | 61.23% | 59.42% | 57.8% | 51.1% | 61.22% | 39.89% | 14006.43% | 2958.93% | 0.81% | 19.48% | - |
| Debt / Equity | 0.00x | - | 1.66x | 1.62x | 1.50x | 1.19x | 1.71x | 0.68x | 0.01x | 0.00x | 0.01x | 0.25x | - |
| Net Debt / EBITDA | -1.60x | -2.11x | - | 23.88x | -1.05x | 11.73x | 11.86x | 4.92x | 0.14x | -0.14x | -0.40x | 1.80x | -4.00x |
| Book Value per Share | 3.51 | 3.73 | 3.83 | 5.20 | 5.77 | 6.84 | 3.66 | 4.25 | 7.35 | 6.40 | 4.07 | 2.10 | 1.40 |
Collateral Liquidity and Credit
As reported in financial statements, total assets have declined from $626.5M in 2024Q1 to $473.3M by 2026Q1, reflecting a significant contraction in the firm's lending footprint that suggests a pivot toward defensive capital preservation rather than the aggressive portfolio expansion observed in prior fiscal periods.
The reduction in total assets appears to be a direct consequence of the firm's inability to maintain its previous origination velocity. This trend warrants further investigation into whether the shrinking asset base is a strategic choice to mitigate credit risk or a forced outcome of limited access to new capital.
Based on reported figures, the company's debt-to-equity ratio has fluctuated significantly, peaking at 1.77 in 2025Q2 before dropping to zero in 2026Q1, which suggests a radical shift in the firm's reliance on external leverage to fund its bridge loan portfolio operations.
The sudden absence of reported debt in the most recent quarter may indicate a restructuring or a temporary paydown of obligations. Investors should monitor whether this deleveraging is sustainable or if it signals a lack of access to the unsecured 'baby bond' markets that previously fueled growth.
According to recent SEC filings, the company's cash reserves have experienced extreme volatility, falling from a peak of $103.1M in 2024Q1 to just $12.4M in 2026Q1, which may indicate a tightening liquidity profile that limits the firm's capacity to fund new bridge loan originations.
The rapid depletion of cash reserves suggests that the company is struggling to balance its dividend obligations with the capital requirements of its lending business. This liquidity crunch appears to be a primary driver of the firm's recent operational instability and warrants close scrutiny by stakeholders.
As indicated by the financial data, the persistent, albeit small, net property balance of $3.1M suggests that the firm is increasingly forced to hold foreclosed collateral, which may be masking underlying credit deterioration within the broader loan portfolio that is not yet reflected in headline figures.
The transition from interest-bearing loans to real estate owned assets implies that the company is absorbing carrying costs that do not generate immediate yield. This shift may indicate that the firm's underwriting standards are failing to protect against the liquidity risks inherent in the Northeastern residential market.
Quick answers to the most common questions about buying SCCF stock.
As of 2025, Sachem Capital Corp. 7.125% Not (SCCF) had total assets of $460.0M including $16.0M in current assets.
Sachem Capital Corp. 7.125% Not (SCCF) carries total debt of $0.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Sachem Capital Corp. 7.125% Not (SCCF) has total shareholders' equity (book value) of $174.9M ($3.73 book value per share). Book value represents the net worth of the company belonging to common stock holders.