Ready Capital (RC) Other Accumulated Expenses (2016 - 2024)
Ready Capital (RC) reported Other Accumulated Expenses of $44.97 million for Q2 2024, up 116.5% from $20.78 million a year earlier and up 22.4% from the prior quarter.
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Analysis
Ready Capital (RC) Other Accumulated Expenses (2016 - 2024) Analysis & Trends
At the end of FY2023, Ready Capital posted Other Accumulated Expenses of $35.17 million, up 114.3% from FY2022.
- Other Accumulated Expenses has a five-year compound annual growth rate of 164.0% (FY2018 to FY2023).
- By year, Other Accumulated Expenses came in at $16.41 million in FY2022 (-61.5%), $42.59 million in FY2021 (+62.5%), $26.2 million in FY2020 (+123.0%) and $11.75 million in FY2019.
- The Q2 2024 figure ranks as the highest quarterly Other Accumulated Expenses since Q3 2022.
- Year over year, Other Accumulated Expenses has now increased in each of the last three quarters, with growth averaging 46.9% over the last eight quarters.
- The high point for year-over-year Other Accumulated Expenses in five years was Q1 2024 (growth of 394.0%); the low point was Q1 2023 (a decline of 88.3%).
- Per Business Quant data, the three quarters before Q2 2024 came in at $36.75 million (Q1 2024), $35.17 million (Q4 2023) and $19.1 million (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - |
| 10 | Ready Capital | 185.03 Mn | -494.89 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 44.97 Mn |
| Mar 31, 2024 | 36.75 Mn |
| Dec 31, 2023 | 35.17 Mn |
| Sep 30, 2023 | 19.10 Mn |
| Jun 30, 2023 | 20.78 Mn |
| Mar 31, 2023 | 7.44 Mn |
| Dec 31, 2022 | 16.41 Mn |
| Sep 30, 2022 | 49.88 Mn |
| Jun 30, 2022 | 79.61 Mn |
| Mar 31, 2022 | 63.55 Mn |
| Dec 31, 2021 | 42.59 Mn |
| Sep 30, 2021 | 36.64 Mn |
| Jun 30, 2021 | 28.21 Mn |
| Mar 31, 2021 | 31.57 Mn |
| Dec 31, 2020 | 26.20 Mn |
| Sep 30, 2020 | 22.77 Mn |
| Mar 31, 2020 | 12.81 Mn |
| Dec 31, 2019 | 11.75 Mn |
| Sep 30, 2019 | 12.14 Mn |
| Jun 30, 2019 | 11.77 Mn |
API Access
Ready Capital Other Accumulated Expenses 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=other-accumulated-expenses&ticker=RC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "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=other-accumulated-expenses&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();