Ready Capital (RC) Rent Expense (2016 - 2019)

Ready Capital's Rent Expense history runs 4 years deep, the most recent figure standing at $968000.0 for Q3 2019.

• On a quarterly basis, Rent Expense rose 34.44% year-over-year to $968000.0 in Q3 2019; TTM through Sep 2019 was $1.5 million, a 39.42% decrease from a year earlier, with the FY2018 full-year figure at $522000.0, down 77.44% from the prior year.
• Rent Expense eased to $968000.0 in Q3 2019 per RC's latest filing, from $1.1 million in the prior quarter.
• Across five years, Rent Expense topped out at $1.1 million in Q2 2019 and bottomed at -$1.3 million in Q4 2018.
• The 4-year median for Rent Expense is $559000.0 (2017), against an average of $469933.3.
• Across the five-year window, Rent Expense jumped 103.25% in 2017 and plunged 300.94% in 2018, its largest moves.
• Year by year, Rent Expense stood at $518000.0 in 2016, then gained by 23.17% to $638000.0 in 2017, then slumped by 300.94% to -$1.3 million in 2018, then surged by 175.51% to $968000.0 in 2019.
• Per Business Quant, the three latest RC Rent Expense figures stand at $968000.0 (Q3 2019), $1.1 million (Q2 2019), and $691000.0 (Q1 2019).