Ready Capital (RC) Convertible Debt (2017 - 2023)
Ready Capital's (RC) quarterly Convertible Debt came in at $114.9 million in Q2 2023, up 0.99% year-on-year from $113.8 million in Q2 2022, and little changed quarter-over-quarter from $114.7 million in Q1 2023.
Ready Capital (RC) Convertible Debt (2017 - 2023) Analysis & Trends
Ready Capital's Convertible Debt history runs 7 years deep, the most recent figure standing at $114.9 million for Q2 2023.
- On a quarterly basis, Convertible Debt rose 0.99% year-over-year to $114.9 million in Q2 2023; TTM through Jun 2023 was $114.9 million, a 0.99% increase from a year earlier, with the FY2022 full-year figure at $114.4 million, up 1.02% from the prior year.
- Convertible Debt steadied at $114.9 million in Q2 2023 per RC's latest filing, from $114.7 million in the prior quarter.
- Across five years, Convertible Debt topped out at $114.9 million in Q2 2023 and bottomed at $110.2 million in Q1 2019.
- The 5-year median for Convertible Debt is $112.7 million (2021), against an average of $112.6 million.
- Across the five-year window, Convertible Debt climbed 0.93% in 2019 and advanced 1.02% in 2023, its largest moves.
- Year by year, Convertible Debt stood at $111.0 million in 2019, then grew by 0.98% to $112.1 million in 2020, then climbed by 1.0% to $113.2 million in 2021, then grew by 1.02% to $114.4 million in 2022, then gained by 0.48% to $114.9 million in 2023.
- Per Business Quant, the three latest RC Convertible Debt figures stand at $114.9 million (Q2 2023), $114.7 million (Q1 2023), and $114.4 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.30 Bn | 14.44 Bn | - |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - |
| 10 | Ready Capital | 243.87 Mn | 243.87 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 114.94 Mn |
| Mar 31, 2023 | 114.69 Mn |
| Dec 31, 2022 | 114.40 Mn |
| Sep 30, 2022 | 114.11 Mn |
| Jun 30, 2022 | 113.82 Mn |
| Mar 31, 2022 | 113.53 Mn |
| Dec 31, 2021 | 113.25 Mn |
| Sep 30, 2021 | 112.97 Mn |
| Jun 30, 2021 | 112.68 Mn |
| Mar 31, 2021 | 112.41 Mn |
| Dec 31, 2020 | 112.13 Mn |
| Sep 30, 2020 | 111.86 Mn |
| Mar 31, 2020 | 111.31 Mn |
| Dec 31, 2019 | 111.04 Mn |
| Sep 30, 2019 | 110.77 Mn |
| Jun 30, 2019 | 110.51 Mn |
| Mar 31, 2019 | 110.24 Mn |
| Dec 31, 2018 | 109.98 Mn |
| Sep 30, 2018 | 109.74 Mn |
| Jun 30, 2018 | 109.48 Mn |