Ready Capital (RC) Current Deferred Revenue (2020 - 2023)
Ready Capital's (RC) quarterly Current Deferred Revenue came in at $100000.0 in Q4 2023, down 18.03% year-on-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.
- On a quarterly basis, Current Deferred Revenue fell 18.03% year-over-year to $100000.0 in Q4 2023; TTM through Dec 2023 was $100000.0, a 18.03% decrease from a year earlier, with the FY2023 full-year figure at $100000.0, down 18.03% from the prior year.
- Current Deferred Revenue climbed to $100000.0 in Q4 2023 per RC's latest filing, from $38000.0 in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $15.5 million in Q2 2020 and bottomed 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.
- Across the five-year window, Current Deferred Revenue tumbled 97.33% in 2021 and fell 18.03% in 2023, its largest moves.
- Year by year, Current Deferred Revenue stood at $10.7 million in 2020, then tumbled by 97.33% to $286000.0 in 2021, then plunged by 57.34% to $122000.0 in 2022, then retreated by 18.03% to $100000.0 in 2023.
- Per Business Quant, the three latest RC Current Deferred Revenue figures stand at $100000.0 (Q4 2023), $38000.0 (Q3 2023), and $100000.0 (Q2 2023).
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| 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 |