Ready Capital (RC) Minority Interest (2012 - 2024)
Ready Capital (RC) posted Minority Interest of $99.0 million for Q2 2024, up 1.98% on a QoQ basis from $97.1 million in Q1 2024, and down 0.98% year-over-year from $100.0 million in Q3 2023.
Analysis
Ready Capital (RC) Minority Interest (2012 - 2024) Analysis & Trends
Ready Capital has reported Minority Interest for 13 years, with the latest figure at $99.0 million in Q2 2024.
- On a quarterly basis, Minority Interest fell 0.98% year-over-year to $99.0 million in Q2 2024; TTM through Jun 2024 was $99.0 million, a 0.98% decrease from a year earlier, with the FY2023 full-year figure at $98.5 million, down 0.69% from the prior year.
- Minority Interest was $99.0 million for Q2 2024 at Ready Capital, 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.
- Average Minority Interest over 5 years is $66.0 million, with a median of $98.5 million recorded in 2023.
- The sharpest annual moves came in 2021 and 2022: Minority Interest slumped 76.11% in 2021, then jumped 2106.19% in 2022.
- Over 5 years, Minority Interest stood at $18.8 million in 2020, then plunged by 76.11% to $4.5 million in 2021, then surged by 2106.19% to $99.1 million in 2022, then slipped by 0.69% to $98.5 million in 2023, then gained by 0.53% to $99.0 million in 2024.
- The last three Minority Interest figures came in at $99.0 million (Q2 2024), $97.1 million (Q1 2024), and $98.5 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - |
| 10 | Ready Capital | 282.34 Mn | 282.34 Mn | - |
Historic Data
Download Data
Historic 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 |