Ready Capital (RC) Convertible Debt (2017 - 2023)

Ready Capital's (RC) quarterly Convertible Debt came in at $114.9 million in Q2 2023, up 0.99% year-on-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.

  • 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 steadied at $114.9 million in Q2 2023 per RC's latest filing, from $114.7 million in the prior quarter.
  • Across five years, Convertible Debt topped out at $114.9 million in Q2 2023 and bottomed 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.
  • Across the five-year window, Convertible Debt climbed 0.93% in 2019 and advanced 1.02% in 2023, its largest moves.
  • Year by year, Convertible Debt 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.
  • Per Business Quant, the three latest RC Convertible Debt figures stand at $114.9 million (Q2 2023), $114.7 million (Q1 2023), and $114.4 million (Q4 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 16.30 Bn 14.44 Bn -
2 AGNC Investment 11.85 Bn 11.36 Bn -
3 Starwood Property Trust 5.99 Bn 5.94 Bn -
4 Rithm Capital 5.01 Bn 5.01 Bn -
5 Blackstone Mortgage Trust 2.78 Bn 2.24 Bn -
6 Ellington Financial 1.63 Bn 1.51 Bn -
7 Dynex Capital 1.56 Bn 1.05 Bn -
8 Armour Residential REIT 1.42 Bn 1.34 Bn -
9 Two Harbors Investment 1.27 Bn 987.19 Mn -
10 Ready Capital 243.87 Mn 243.87 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