Ready Capital (RC) Current Deferred Revenue (2020 - 2023)
Ready Capital (RC) posted quarterly Current Deferred Revenue of $100000.0 for Q4 2023, down 18.03% year-over-year from $122000.0 in Q4 2022, and up 163.16% quarter-over-quarter from $38000.0 in Q3 2023.
Ready Capital (RC) Current Deferred Revenue (2020 - 2023) Analysis & Trends
Ready Capital's Current Deferred Revenue history runs 4 years deep, the most recent figure standing at $100000.0 for Q4 2023.
- In Q4 2023, Current Deferred Revenue fell 18.03% year-over-year to $100000.0; the TTM figure through Dec 2023 stood at $100000.0 (down 18.03% YoY), while the FY2023 annual figure was $100000.0, down 18.03% from the prior year.
- Current Deferred Revenue for Q4 2023 stood at $100000.0, up from $38000.0 in the prior quarter.
- The five-year high for Current Deferred Revenue was $15.5 million in Q2 2020, with the low at $38000.0 in Q3 2023.
- The 4-year median for Current Deferred Revenue is $213000.0 (2022), against an average of $3.0 million.
- The sharpest annual moves came in 2021 and 2023: Current Deferred Revenue slumped 97.33% in 2021, then slipped 18.03% in 2023.
- Ready Capital's Current Deferred Revenue stood at $10.7 million in 2020, then plunged by 97.33% to $286000.0 in 2021, then sank by 57.34% to $122000.0 in 2022, then fell by 18.03% to $100000.0 in 2023.
- Business Quant data shows RC's Current Deferred Revenue at $100000.0 in Q4 2023, $38000.0 in Q3 2023, and $100000.0 in Q2 2023.
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 |
|---|---|
| Dec 31, 2023 | 100,000.00 |
| Sep 30, 2023 | 38,000.00 |
| Jun 30, 2023 | 100,000.00 |
| Mar 31, 2023 | 100,000.00 |
| Dec 31, 2022 | 122,000.00 |
| Sep 30, 2022 | 151,000.00 |
| Jun 30, 2022 | 178,000.00 |
| Mar 31, 2022 | 213,000.00 |
| Dec 31, 2021 | 286,000.00 |
| Sep 30, 2021 | 425,000.00 |
| Jun 30, 2021 | 842,000.00 |
| Mar 31, 2021 | 3.96 Mn |
| Dec 31, 2020 | 10.70 Mn |
| Sep 30, 2020 | 12.98 Mn |
| Jun 30, 2020 | 15.50 Mn |