Ready Capital (RC) Interest Expense - Fed Funds (2012 - 2017)
Ready Capital (RC) posted Interest Expense - Fed Funds of $4.05 million for Q2 2017, up 9.8% from $3.69 million a year earlier but down 4.1% from the prior quarter.
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Analysis
Ready Capital (RC) Interest Expense - Fed Funds (2012 - 2017) Analysis & Trends
For the trailing twelve months through Jun 30, 2017, Interest Expense - Fed Funds at Ready Capital was $23.98 million, up 4.1% year-over-year; for FY2016, it came in at $16.34 million, up 0.3% from FY2015.
- Annual Interest Expense - Fed Funds has increased for five consecutive years, with a five-year compound annual growth rate of 123.1% (FY2011 to FY2016).
- In prior years, Ready Capital's Interest Expense - Fed Funds was $16.29 million in FY2015 (+282.9%), $4.25 million in FY2014 (+45.7%), $2.92 million in FY2013 (+110.4%) and $1.39 million in FY2012 (+369.6%).
- Quarterly Interest Expense - Fed Funds has run from a low of $343,562 in Q4 2012 to a high of $15.36 million in Q4 2016 over five years.
- On a year-over-year basis, Interest Expense - Fed Funds has increased in each of the last three quarters, with growth averaging 282.5% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expense - Fed Funds in the past five years was Q1 2016, with growth of 858.7%; the weakest was Q3 2015, with a decline of 47.2%.
- According to Business Quant data, Interest Expense - Fed Funds for the three prior quarters was $4.22 million (Q1 2017), $15.36 million (Q4 2016) and $353,709 (Q3 2016).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - |
| 10 | Ready Capital | 191.64 Mn | -488.28 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2017 | 4.05 Mn |
| Mar 31, 2017 | 4.22 Mn |
| Dec 31, 2016 | 15.36 Mn |
| Sep 30, 2016 | 353,709.00 |
| Jun 30, 2016 | 3.69 Mn |
| Mar 31, 2016 | 3.86 Mn |
| Dec 31, 2015 | 15.13 Mn |
| Sep 30, 2015 | 357,408.00 |
| Jun 30, 2015 | 394,542.00 |
| Mar 31, 2015 | 402,509.00 |
| Dec 31, 2014 | 2.18 Mn |
| Sep 30, 2014 | 677,159.00 |
| Jun 30, 2014 | 737,290.00 |
| Mar 31, 2014 | 660,402.00 |
| Dec 31, 2013 | 659,772.00 |
| Sep 30, 2013 | 877,522.00 |
| Jun 30, 2013 | 867,484.00 |
| Mar 31, 2013 | 514,035.00 |
| Dec 31, 2012 | 343,562.00 |
| Sep 30, 2012 | 376,742.00 |
API Access
Ready Capital Interest Expense - Fed Funds 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-fed-funds&ticker=RC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-fed-funds", "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-fed-funds&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();