Ready Capital (RC) Debt Ratio (2013 - 2025)
Ready Capital's (RC) Debt Ratio was 0.36 for Q4 2025, up 1.7% from 0.35 a year earlier and up 3.9% from the prior quarter.
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Analysis
Ready Capital (RC) Debt Ratio (2013 - 2025) Analysis & Trends
Dating back to Q2 2013, Ready Capital's Debt Ratio record includes 48 quarters.
- Debt Ratio has increased for three consecutive years.
- By year, Debt Ratio came in at 0.35 in FY2024 (+108.9%), 0.17 in FY2023 (+471.9%), 0.03 in FY2022 (-17.6%) and 0.04 in FY2021 (-85.1%).
- Five-year quarterly Debt Ratio spans a low of 0.02 in Q3 2021 and a high of 0.38 in Q2 2025.
- Year over year, Debt Ratio gained in seven of the last eight quarters, with growth averaging 106.6%.
- The high point for year-over-year Debt Ratio in five years was Q2 2023 (growth of 574.4%); the low point was Q3 2021 (a decline of 91.2%).
- Per Business Quant data, the three quarters before Q4 2025 came in at 0.35 (Q3 2025), 0.38 (Q2 2025) and 0.27 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | 0.27 |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 0.35 |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 0.45 |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | - |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 0.21 |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 0.06 |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 0.04 |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 0.24 |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | - |
| 10 | Ready Capital | 206.51 Mn | -473.41 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.36 |
| Sep 30, 2025 | 0.35 |
| Jun 30, 2025 | 0.38 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.35 |
| Sep 30, 2024 | 0.35 |
| Jun 30, 2024 | 0.20 |
| Mar 31, 2024 | 0.18 |
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | 0.19 |
| Jun 30, 2023 | 0.19 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.03 |
| Mar 31, 2022 | 0.03 |
| Dec 31, 2021 | 0.04 |
| Sep 30, 2021 | 0.02 |
| Jun 30, 2021 | 0.19 |
| Mar 31, 2021 | 0.26 |
API Access
Ready Capital Debt Ratio 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=debt-ratio&ticker=RC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();