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
DateValue
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