Ready Capital (RC) Convertible Debt (2017 - 2023)
Ready Capital (RC) posted quarterly Convertible Debt of $114.9 million for Q2 2023, up 0.99% year-over-year from $113.8 million in Q2 2022, and little changed quarter-over-quarter from $114.7 million in Q1 2023.
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 for Q2 2023 stood at $114.9 million, 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.
- The 5-year median for Convertible Debt is $112.7 million (2021), against an average of $112.6 million.
- The sharpest annual moves came in 2019 and 2023: Convertible Debt rose 0.93% in 2019, then increased 1.02% in 2023.
- Ready Capital's Convertible Debt stood at $111.0 million in 2019, then climbed by 0.98% to $112.1 million in 2020, then advanced by 1.0% to $113.2 million in 2021, then climbed by 1.02% to $114.4 million in 2022, then rose by 0.48% to $114.9 million in 2023.
- Business Quant data shows RC's Convertible Debt at $114.9 million in Q2 2023, $114.7 million in Q1 2023, and $114.4 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn |
| 10 | Ready Capital | 281.50 Mn | 281.50 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 |