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
DateValue
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