Ready Capital (RC) Convertible Debt (2017 - 2023)
Ready Capital (RC) posted Convertible Debt of $114.94 million for Q2 2023, up 1.0% from $113.82 million a year earlier and up 0.2% from the prior quarter.
Ready Capital (RC) Convertible Debt (2017 - 2023) Analysis & Trends
At the end of FY2022, Ready Capital's Convertible Debt came in at $114.4 million, up 1.0% from FY2021.
- Annual Convertible Debt has increased for five consecutive years, with a five-year compound annual growth rate of 1.0% (FY2017 to FY2022).
- In prior years, Ready Capital's Convertible Debt was $113.25 million in FY2021 (+1.0%), $112.13 million in FY2020 (+1.0%), $111.04 million in FY2019 (+1.0%) and $109.98 million in FY2018 (+0.9%).
- The Q2 2023 figure stands as the highest quarterly Convertible Debt in data going back to Q3 2017.
- On a year-over-year basis, Convertible Debt has increased in each of the last eight quarters, with growth averaging 1.0% over the last eight quarters.
- According to Business Quant data, Convertible Debt for the three prior quarters was $114.69 million (Q1 2023), $114.4 million (Q4 2022) and $114.11 million (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - |
| 10 | Ready Capital | 206.51 Mn | -473.41 Mn | - |
Historic 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 |
Ready Capital Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=RC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "RC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();