Ready Capital (RC) Convertible Debt (2017 - 2023)
Ready Capital (RC) recorded quarterly Convertible Debt of $114.9 million in Q2 2023, little changed quarter-over-quarter from $114.7 million in Q1 2023, and up 0.99% on a YoY basis from $113.8 million in Q2 2022.
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.
- In Q2 2023, Convertible Debt rose 0.99% year-over-year to $114.9 million; the TTM figure through Jun 2023 stood at $114.9 million (up 0.99% YoY), while the FY2022 annual figure was $114.4 million, up 1.02% from the prior year.
- Convertible Debt was $114.9 million for Q2 2023 at Ready Capital, roughly flat from $114.7 million in the prior quarter.
- In the past five years, Convertible Debt ranged from a high of $114.9 million in Q2 2023 to a low of $110.2 million in Q1 2019.
- Historically, Convertible Debt has averaged $112.6 million across 5 years, with a median of $112.7 million in 2021.
- The sharpest annual moves came in 2019 and 2023: Convertible Debt gained 0.93% in 2019, then rose 1.02% in 2023.
- A 5-year view of Convertible Debt shows it 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.
- The last three Convertible Debt figures came in at $114.9 million (Q2 2023), $114.7 million (Q1 2023), and $114.4 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 15.34 Bn | 13.08 Bn | - |
| 2 | AGNC Investment | 11.42 Bn | 10.75 Bn | - |
| 3 | Starwood Property Trust | 6.25 Bn | 6.25 Bn | - |
| 4 | Rithm Capital | 5.08 Bn | 4.78 Bn | - |
| 5 | Blackstone Mortgage Trust | 3.10 Bn | 2.56 Bn | - |
| 6 | Dynex Capital | 2.58 Bn | 1.80 Bn | - |
| 7 | Armour Residential REIT | 2.05 Bn | 1.32 Bn | - |
| 8 | Ellington Financial | 1.67 Bn | 1.39 Bn | - |
| 9 | Two Harbors Investment | 1.29 Bn | 746.67 Mn | - |
| 10 | Ready Capital | 279.88 Mn | 279.88 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 |