Ready Capital (RC) Amortizatization of Intangibles (2012 - 2023)
Ready Capital (RC) posted quarterly Amortizatization of Intangibles of $9.8 million for Q1 2023, up 270.19% year-over-year from $2.6 million in Q1 2022, and up 231.37% quarter-over-quarter from -$7.4 million in Q3 2022.
Ready Capital (RC) Amortizatization of Intangibles (2012 - 2023) Analysis & Trends
Ready Capital's Amortizatization of Intangibles history runs 11 years deep, the most recent figure standing at $9.8 million for Q1 2023.
- In Q1 2023, Amortizatization of Intangibles rose 270.19% year-over-year to $9.8 million; the TTM figure through Mar 2023 stood at -$8.0 million (up 51.41% YoY), while the FY2018 annual figure was $25.0 million, up 13.12% from the prior year.
- Amortizatization of Intangibles for Q1 2023 stood at $9.8 million, up from -$7.4 million in the prior quarter.
- The five-year high for Amortizatization of Intangibles was $11.4 million in Q2 2019, with the low at -$13.4 million in Q2 2021.
- The 4-year median for Amortizatization of Intangibles is -$971000.0 (2019), against an average of -$252700.0.
- The sharpest annual moves came in 2022 and 2023: Amortizatization of Intangibles plunged 225.1% in 2022, then soared 270.19% in 2023.
- Ready Capital's 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 surged by 231.37% to $9.8 million in 2023.
- Business Quant data shows RC's Amortizatization of Intangibles at $9.8 million in Q1 2023, -$7.4 million in Q3 2022, and -$4.6 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | -84.73 Mn |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | -47.00 Mn |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 1.11 Mn |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | 67.62 Mn |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 4.59 Mn |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 88,000.00 |
| 10 | Ready Capital | 281.50 Mn | 281.50 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 9.77 Mn |
| Mar 31, 2023 | 9.77 Mn |
| Sep 30, 2022 | -7.44 Mn |
| Sep 30, 2022 | -7.44 Mn |
| Jun 30, 2022 | -4.56 Mn |
| Jun 30, 2022 | -4.56 Mn |
| Mar 31, 2022 | -5.74 Mn |
| Mar 31, 2022 | -5.74 Mn |
| Sep 30, 2021 | -2.29 Mn |
| Sep 30, 2021 | -2.29 Mn |
| Jun 30, 2021 | -13.42 Mn |
| Jun 30, 2021 | -13.42 Mn |
| Mar 31, 2021 | 5.05 Mn |
| Mar 31, 2021 | 5.05 Mn |
| Sep 30, 2019 | 4.33 Mn |
| Sep 30, 2019 | 4.33 Mn |
| Jun 30, 2019 | 11.42 Mn |
| Jun 30, 2019 | 11.42 Mn |
| Mar 31, 2019 | 345,000.00 |
| Mar 31, 2019 | 345,000.00 |