Ready Capital (RC) Total Non-Current Liabilities (2012 - 2024)
Ready Capital's Total Non-Current Liabilities came in at $9.37 billion for Q2 2024, down 3.1% from $9.66 billion a year earlier and down 1.8% from the prior quarter.
Ready Capital (RC) Total Non-Current Liabilities (2012 - 2024) Analysis & Trends
At the end of FY2023, Ready Capital's Total Non-Current Liabilities was $9.8 billion, up 1.0% from FY2022.
- Total Non-Current Liabilities has increased in each of the last six years, with a five-year compound annual growth rate of 31.7% (FY2018 to FY2023).
- Going back by year, Total Non-Current Liabilities was $9.7 billion in FY2022 (+17.8%), $8.24 billion in FY2021 (+81.6%), $4.54 billion in FY2020 (+9.9%) and $4.13 billion in FY2019 (+66.9%).
- The Q2 2024 figure represents the lowest quarterly Total Non-Current Liabilities since Q4 2021.
- Year-over-year, Total Non-Current Liabilities increased in five of the last eight quarters, with growth averaging 5.0%.
- The fastest year-over-year change in Total Non-Current Liabilities over five years came in Q4 2021 (growth of 81.6%), and the weakest in Q2 2024 (a decline of 3.1%).
- Business Quant data shows RC's Total Non-Current Liabilities at $9.54 billion (Q1 2024), $9.8 billion (Q4 2023) and $10.09 billion (Q3 2023) in the three quarters before Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.90 Bn | 29.58 Bn | - | - |
| 2 | Orix | 42.96 Bn | 43.46 Bn | - | 77.86 Bn |
| 3 | Royalty Pharma | 33.48 Bn | 33.39 Bn | - | 9.32 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 23.94 Bn | 23.94 Bn | - | 4,200.68 Bn |
| 5 | Affirm Holdings | 23.37 Bn | 17.06 Bn | - | 10.25 Bn |
| 6 | Synchrony Financial | 23.31 Bn | -44.66 Bn | - | 105.01 Bn |
| 7 | Royal Gold | 20.23 Bn | 19.45 Bn | 390.45 Mn | 1.76 Bn |
| 8 | Annaly Capital Management | 15.24 Bn | 6.34 Bn | - | 126.51 Bn |
| 9 | Ares Capital | 13.90 Bn | 11.34 Bn | - | 16.51 Bn |
| 10 | Ready Capital | 206.51 Mn | -473.41 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 9.37 Bn |
| Mar 31, 2024 | 9.54 Bn |
| Dec 31, 2023 | 9.80 Bn |
| Sep 30, 2023 | 10.09 Bn |
| Jun 30, 2023 | 9.66 Bn |
| Mar 31, 2023 | 9.64 Bn |
| Dec 31, 2022 | 9.70 Bn |
| Sep 30, 2022 | 9.86 Bn |
| Jun 30, 2022 | 9.88 Bn |
| Mar 31, 2022 | 9.43 Bn |
| Dec 31, 2021 | 8.24 Bn |
| Sep 30, 2021 | 8.02 Bn |
| Dec 31, 2020 | 4.54 Bn |
| Dec 31, 2019 | 4.13 Bn |
| Dec 31, 2018 | 2.47 Bn |
| Sep 30, 2018 | 2.33 Bn |
| Jun 30, 2018 | 2.25 Bn |
| Mar 31, 2018 | 2.07 Bn |
| Dec 31, 2017 | 1.96 Bn |
| Sep 30, 2017 | 1.94 Bn |
Ready Capital Total Non-Current Liabilities 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=total-non-current-liabilities&ticker=RC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "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=total-non-current-liabilities&ticker=RC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();