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.

• In Q3 2019, Rent Expense rose 34.44% year-over-year to $968000.0; the TTM figure through Sep 2019 stood at $1.5 million (down 39.42% YoY), while the FY2018 annual figure was $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.
• In the past five years, Rent Expense ranged from a high of $1.1 million in Q2 2019 to a low of -$1.3 million in Q4 2018.
• Historically, Rent Expense has averaged $469933.3 across 4 years, with a median of $559000.0 in 2017.
• The sharpest annual moves came in 2017 and 2018: Rent Expense surged 103.25% in 2017, then plunged 300.94% in 2018.
• A 4-year view of Rent Expense shows it stood at $518000.0 in 2016, then gained by 23.17% to $638000.0 in 2017, then plunged by 300.94% to -$1.3 million in 2018, then surged 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.