Ready Capital (RC) Convertible Debt (2017 - 2023)
Ready Capital (RC) posted Convertible Debt of $114.9 million for Q2 2023, little changed on a QoQ basis from $114.7 million in Q1 2023, and up 0.99% year-over-year from $113.8 million in Q2 2022.
Analysis
Ready Capital (RC) Convertible Debt (2017 - 2023) Analysis & Trends
Ready Capital has reported Convertible Debt for 7 years, with the latest figure at $114.9 million in 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 was $114.9 million for Q2 2023 at Ready Capital, roughly flat from $114.7 million in the prior quarter.
- The five-year high for Convertible Debt was $114.9 million in Q2 2023, with the low at $110.2 million in Q1 2019.
- Average Convertible Debt over 5 years is $112.6 million, with a median of $112.7 million recorded in 2021.
- The sharpest annual moves came in 2019 and 2023: Convertible Debt advanced 0.93% in 2019, then gained 1.02% in 2023.
- Over 5 years, Convertible Debt stood at $111.0 million in 2019, then increased by 0.98% to $112.1 million in 2020, then grew by 1.0% to $113.2 million in 2021, then increased by 1.02% to $114.4 million in 2022, then advanced 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - |
| 10 | Ready Capital | 282.34 Mn | 282.34 Mn | - |
Historic Data
Download Data
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 |