Ready Capital (RC) Interest Expense - Debt (2013 - 2023)
Ready Capital (RC) reported Interest Expense - Debt of $5.07 billion for Q4 2023, up 3.4% from $4.9 billion a year earlier but down 3.7% from the prior quarter.
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Analysis
Ready Capital (RC) Interest Expense - Debt (2013 - 2023) Analysis & Trends
Over the twelve months ended Dec 31, 2023, Ready Capital's Interest Expense - Debt came in at $21.03 billion, up 116.1% year-over-year; for FY2016, it came in at -$17.62 million.
- By year, Interest Expense - Debt came in at $5.79 million in FY2015 (+1.7%), $5.69 million in FY2014 (+909.1%) and $563,539 in FY2013.
- Five-year quarterly Interest Expense - Debt spans a low of -$111.77 million in Q3 2022 and a high of $5.4 billion in Q2 2023.
- Over the past five years, the year-over-year growth in Interest Expense - Debt ranged from 3.4% (Q4 2023) to 100.5% (Q4 2019).
- Per Business Quant data, the three quarters before Q4 2023 came in at $5.26 billion (Q3 2023), $5.4 billion (Q2 2023) and $5.3 billion (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | 33.74 Bn |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | 212.00 Mn |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | Ready Capital | 135.44 Mn | -449.48 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 5.07 Bn |
| Sep 30, 2023 | 5.26 Bn |
| Jun 30, 2023 | 5.40 Bn |
| Mar 31, 2023 | 5.30 Bn |
| Dec 31, 2022 | 4.90 Bn |
| Sep 30, 2022 | -111.77 Mn |
| Sep 30, 2021 | 2.63 Bn |
| Jun 30, 2021 | 2.31 Bn |
| Mar 31, 2021 | 2.21 Bn |
| Dec 31, 2020 | 1.91 Bn |
| Mar 31, 2020 | 1.66 Bn |
| Dec 31, 2019 | 1.82 Bn |
| Sep 30, 2019 | 1.47 Bn |
| Jun 30, 2019 | 1.57 Bn |
| Mar 31, 2019 | 1.12 Bn |
| Dec 31, 2018 | 905.37 Mn |
| Sep 30, 2018 | 752.43 Mn |
| Jun 30, 2018 | 795.50 Mn |
| Mar 31, 2018 | 664.70 Mn |
| Dec 31, 2017 | 598.15 Mn |
API Access
Ready Capital Interest Expense - Debt 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=interest-expense-debt&ticker=RC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "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=interest-expense-debt&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();