Ready Capital (RC) Amortizatization of Intangibles (2012 - 2023)
Ready Capital's (RC) quarterly Amortizatization of Intangibles came in at $9.8 million in Q1 2023, up 270.19% year-on-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.
- 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 grew to $9.8 million in Q1 2023 per RC's latest filing, from -$7.4 million in the prior quarter.
- Across five years, Amortizatization of Intangibles topped out at $11.4 million in Q2 2019 and bottomed 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.
- Across the five-year window, Amortizatization of Intangibles sank 225.1% in 2022 and soared 270.19% in 2023, its largest moves.
- Year by year, Amortizatization of Intangibles stood at $4.3 million in 2019, then tumbled by 152.81% to -$2.3 million in 2021, then sank by 225.1% to -$7.4 million in 2022, then soared by 231.37% to $9.8 million in 2023.
- Per Business Quant, the three latest RC Amortizatization of Intangibles figures stand at $9.8 million (Q1 2023), -$7.4 million (Q3 2022), and -$4.6 million (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortizatization of Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.39 Bn | 14.48 Bn | - | -102.60 Mn |
| 2 | AGNC Investment | 11.93 Bn | 11.43 Bn | - | -52.00 Mn |
| 3 | Starwood Property Trust | 6.07 Bn | 5.70 Bn | - | 1.16 Mn |
| 4 | Rithm Capital | 5.14 Bn | 5.14 Bn | - | -44.30 Mn |
| 5 | Blackstone Mortgage Trust | 2.81 Bn | 2.26 Bn | - | - |
| 6 | Dynex Capital | 2.54 Bn | 2.02 Bn | - | 5.95 Mn |
| 7 | Armour Residential REIT | 2.10 Bn | 2.02 Bn | - | - |
| 8 | Ellington Financial | 1.65 Bn | 1.49 Bn | - | - |
| 9 | Orchid Island Capital | 1.31 Bn | 624.47 Mn | 61.82 Mn | 88,000.00 |
| 10 | Ready Capital | 240.85 Mn | 240.85 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 |