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

Ready Capital has reported Rent Expense for 4 years, with the latest figure at $968000.0 in 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 was $968000.0 for Q3 2019 at Ready Capital, down from $1.1 million in the prior quarter.
• The five-year high for Rent Expense was $1.1 million in Q2 2019, with the low at -$1.3 million in Q4 2018.
• Average Rent Expense over 4 years is $469933.3, with a median of $559000.0 recorded in 2017.
• The sharpest annual moves came in 2017 and 2018: Rent Expense soared 103.25% in 2017, then tumbled 300.94% in 2018.
• Over 4 years, Rent Expense stood at $518000.0 in 2016, then advanced by 23.17% to $638000.0 in 2017, then tumbled by 300.94% to -$1.3 million in 2018, then soared by 175.51% to $968000.0 in 2019.
• The last three Rent Expense figures came in at $968000.0 (Q3 2019), $1.1 million (Q2 2019), and $691000.0 (Q1 2019), per Business Quant data.