Ready Capital (RC) Amortizatization of Intangibles (2012 - 2023)
Ready Capital (RC) posted Amortizatization of Intangibles of $9.8 million for Q1 2023, up 231.37% on a QoQ basis from -$7.4 million in Q3 2022, and up 270.19% year-over-year from $2.6 million in Q1 2022.
Analysis
Ready Capital (RC) Amortizatization of Intangibles (2012 - 2023) Analysis & Trends
Ready Capital has reported Amortizatization of Intangibles for 11 years, with the latest figure at $9.8 million in Q1 2023.
- On a quarterly basis, Amortizatization of Intangibles rose 270.19% year-over-year to $9.8 million in Q1 2023; TTM through Mar 2023 was -$8.0 million, a 51.41% increase from a year earlier, with the FY2018 full-year figure at $25.0 million, up 13.12% from the prior year.
- Amortizatization of Intangibles was $9.8 million for Q1 2023 at Ready Capital, up from -$7.4 million in the prior quarter.
- The five-year high for Amortizatization of Intangibles was $9.8 million in Q1 2023, with the low at -$13.4 million in Q2 2021.
- Average Amortizatization of Intangibles over 4 years is -$252700.0, with a median of $922500.0 recorded in 2019.
- The sharpest annual moves came in 2022 and 2023: Amortizatization of Intangibles plunged 225.1% in 2022, then surged 270.19% in 2023.
- Over 4 years, Amortizatization of Intangibles stood at $4.3 million in 2019, then plunged by 152.81% to -$2.3 million in 2021, then slumped by 225.1% to -$7.4 million in 2022, then jumped by 231.37% to $9.8 million in 2023.
- The last three Amortizatization of Intangibles figures came in at $9.8 million (Q1 2023), -$7.4 million (Q3 2022), and -$4.6 million (Q2 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - | -84.73 Mn |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - | -47.00 Mn |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - | 1.11 Mn |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - | 67.62 Mn |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - | 4.59 Mn |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - | -6.44 Mn |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - | - |
| 10 | Ready Capital | 282.34 Mn | 282.34 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 9.77 Mn |
| Sep 30, 2022 | -7.44 Mn |
| Jun 30, 2022 | -4.56 Mn |
| Mar 31, 2022 | -5.74 Mn |
| Sep 30, 2021 | -2.29 Mn |
| Jun 30, 2021 | -13.42 Mn |
| Mar 31, 2021 | 5.05 Mn |
| Sep 30, 2019 | 4.33 Mn |
| Jun 30, 2019 | 4.13 Mn |
| Mar 31, 2019 | 7.63 Mn |
| Dec 31, 2018 | 7.11 Mn |
| Sep 30, 2018 | 6.18 Mn |
| Jun 30, 2018 | 8.19 Mn |
| Mar 31, 2018 | 3.49 Mn |
| Dec 31, 2017 | 6.81 Mn |
| Sep 30, 2017 | 5.15 Mn |
| Jun 30, 2017 | 5.17 Mn |
| Mar 31, 2017 | 4.95 Mn |
| Dec 31, 2016 | 4.71 Mn |
| Sep 30, 2016 | 24.97 Mn |