Ready Capital (RC) Minority Interest (2012 - 2024)
Ready Capital (RC) posted quarterly Minority Interest of $99.0 million for Q2 2024, down 0.98% year-over-year from $100.0 million in Q3 2023, and up 1.98% quarter-over-quarter from $97.1 million in Q1 2024.
Ready Capital (RC) Minority Interest (2012 - 2024) Analysis & Trends
Ready Capital's Minority Interest history runs 13 years deep, the most recent figure standing at $99.0 million for Q2 2024.
- In Q2 2024, Minority Interest fell 0.98% year-over-year to $99.0 million; the TTM figure through Jun 2024 stood at $99.0 million (down 0.98% YoY), while the FY2023 annual figure was $98.5 million, down 0.69% from the prior year.
- Minority Interest for Q2 2024 stood at $99.0 million, up from $97.1 million in the prior quarter.
- The five-year high for Minority Interest was $107.3 million in Q1 2022, with the low at $4.5 million in Q4 2021.
- The 5-year median for Minority Interest is $98.5 million (2023), against an average of $66.0 million.
- The sharpest annual moves came in 2021 and 2022: Minority Interest slumped 76.11% in 2021, then surged 2106.19% in 2022.
- Ready Capital's Minority Interest stood at $18.8 million in 2020, then plunged by 76.11% to $4.5 million in 2021, then soared by 2106.19% to $99.1 million in 2022, then retreated by 0.69% to $98.5 million in 2023, then increased by 0.53% to $99.0 million in 2024.
- Business Quant data shows RC's Minority Interest at $99.0 million in Q2 2024, $97.1 million in Q1 2024, and $98.5 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn |
| 10 | Ready Capital | 281.50 Mn | 281.50 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 98.99 Mn |
| Mar 31, 2024 | 97.07 Mn |
| Dec 31, 2023 | 98.46 Mn |
| Sep 30, 2023 | 99.30 Mn |
| Jun 30, 2023 | 99.96 Mn |
| Mar 31, 2023 | 100.20 Mn |
| Dec 31, 2022 | 99.15 Mn |
| Sep 30, 2022 | 101.88 Mn |
| Jun 30, 2022 | 102.61 Mn |
| Mar 31, 2022 | 107.29 Mn |
| Dec 31, 2021 | 4.49 Mn |
| Sep 30, 2021 | 19.13 Mn |
| Jun 30, 2021 | 18.86 Mn |
| Mar 31, 2021 | 19.06 Mn |
| Dec 31, 2020 | 18.81 Mn |
| Sep 30, 2020 | 18.90 Mn |
| Mar 31, 2020 | 17.63 Mn |
| Dec 31, 2019 | 19.37 Mn |
| Sep 30, 2019 | 19.26 Mn |
| Jun 30, 2019 | 19.38 Mn |