Ready Capital (RC) Convertible Debt (2013 - 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.
Powered by 
Analysis
Ready Capital (RC) Convertible Debt (2013 - 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 since Q1 2014.
- 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - |
| 10 | Ready Capital | 135.44 Mn | -449.48 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 |
API Access
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_KEYimport 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();