Ready Capital (RC) Long-Term Investments (2014 - 2024)
Ready Capital (RC) recorded Long-Term Investments of $134.6 million in Q2 2024, up 9.9% from $122.5 million a year earlier and up 1.4% from the prior quarter.
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Analysis
Ready Capital (RC) Long-Term Investments (2014 - 2024) Analysis & Trends
At the end of FY2023, Ready Capital reported Long-Term Investments of $133.32 million, up 12.4% from FY2022.
- Annual Long-Term Investments has a five-year compound annual growth rate of 31.9% (FY2018 to FY2023).
- Across earlier years, Long-Term Investments came in at $118.64 million in FY2022 (-15.9%), $141.15 million in FY2021 (+77.5%), $79.51 million in FY2020 (+35.1%) and $58.85 million in FY2019 (+76.0%).
- Quarterly Long-Term Investments has ranged from $53.38 million in Q1 2020 to $224.22 million in Q2 2022 over the past five years.
- On a year-over-year basis, Long-Term Investments has increased for four consecutive quarters, with an average decline of 4.7% over the last eight quarters.
- Peak year-over-year performance for Long-Term Investments in the last five years was growth of 157.7% in Q2 2022, against a decline of 45.4% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $132.73 million (Q1 2024), $133.32 million (Q4 2023) and $136.11 million (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 9.39 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 372.10 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 972.64 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 228.28 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 29.35 Bn |
| 10 | Ready Capital | 191.64 Mn | -488.28 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 134.60 Mn |
| Mar 31, 2024 | 132.73 Mn |
| Dec 31, 2023 | 133.32 Mn |
| Sep 30, 2023 | 136.11 Mn |
| Jun 30, 2023 | 122.50 Mn |
| Mar 31, 2023 | 114.17 Mn |
| Dec 31, 2022 | 118.64 Mn |
| Sep 30, 2022 | 119.27 Mn |
| Jun 30, 2022 | 224.22 Mn |
| Mar 31, 2022 | 149.48 Mn |
| Dec 31, 2021 | 141.15 Mn |
| Sep 30, 2021 | 125.55 Mn |
| Jun 30, 2021 | 86.99 Mn |
| Mar 31, 2021 | 75.05 Mn |
| Dec 31, 2020 | 79.51 Mn |
| Sep 30, 2020 | 69.20 Mn |
| Mar 31, 2020 | 53.38 Mn |
| Dec 31, 2019 | 58.85 Mn |
| Sep 30, 2019 | 55.66 Mn |
| Jun 30, 2019 | 47.55 Mn |
API Access
Ready Capital Long-Term Investments 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=long-term-investments&ticker=RC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "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=long-term-investments&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();