Rithm Capital (RITM) Asset Writedowns and Impairment (2013 - 2019)

Rithm Capital's (RITM) quarterly Asset Writedowns and Impairment came in at $8.9 million in Q2 2019, down 29.86% year-on-year from $12.6 million in Q2 2018, and up 17.87% on a QoQ basis from $7.5 million in Q1 2019.

Rithm Capital (RITM) Asset Writedowns and Impairment (2013 - 2019) Analysis & Trends

Rithm Capital (RITM) has 7 years of Asset Writedowns and Impairment data on file, last reported at $8.9 million in Q2 2019.

  • On a quarterly basis, Asset Writedowns and Impairment fell 29.86% year-over-year to $8.9 million in Q2 2019; TTM through Jun 2019 was $32.9 million, a 46.8% increase from a year earlier, with the FY2017 full-year figure at $10.3 million, up 0.68% from the prior year.
  • Asset Writedowns and Impairment for Q2 2019 stood at $8.9 million, up from $7.5 million in the prior quarter.
  • Over the last five years, Asset Writedowns and Impairment for RITM reached as high as $12.6 million in Q2 2018 and fell as low as $649000.0 in Q2 2015.
  • Historically, Asset Writedowns and Impairment has averaged $3.9 million across 5 years, with a median of $2.5 million in 2015.
  • Across the five-year window, Asset Writedowns and Impairment jumped 456.7% in 2015 and plunged 35.1% in 2017, its largest moves.
  • Year by year, Asset Writedowns and Impairment stood at $2.5 million in 2015, then retreated by 2.73% to $2.4 million in 2016, then slumped by 34.13% to $1.6 million in 2017, then soared by 143.37% to $3.9 million in 2018, then surged by 127.8% to $8.9 million in 2019.
  • Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $8.9 million in Q2 2019, $7.5 million in Q1 2019, and $3.9 million in Q3 2018.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Annaly Capital Management 16.36 Bn 14.45 Bn -
2 AGNC Investment 11.92 Bn 11.43 Bn -
3 Starwood Property Trust 6.09 Bn 5.71 Bn -
4 Rithm Capital 5.14 Bn 5.14 Bn -
5 Blackstone Mortgage Trust 2.83 Bn 2.28 Bn -
6 Dynex Capital 2.54 Bn 2.02 Bn -
7 Armour Residential REIT 2.10 Bn 2.02 Bn -
8 Ellington Financial 1.66 Bn 1.49 Bn -
9 Orchid Island Capital 1.30 Bn 619.44 Mn 61.82 Mn
10 Two Harbors Investment 1.27 Bn 985.17 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2019 8.86 Mn
Jun 30, 2019 8.86 Mn
Mar 31, 2019 7.52 Mn
Mar 31, 2019 7.52 Mn
Sep 30, 2018 3.89 Mn
Sep 30, 2018 3.89 Mn
Jun 30, 2018 12.63 Mn
Jun 30, 2018 12.63 Mn
Mar 31, 2018 6.67 Mn
Mar 31, 2018 6.67 Mn
Dec 31, 2017 1.60 Mn
Dec 31, 2017 1.60 Mn
Sep 30, 2017 1.51 Mn
Sep 30, 2017 1.51 Mn
Jun 30, 2017 5.12 Mn
Jun 30, 2017 5.12 Mn
Mar 31, 2017 2.11 Mn
Mar 31, 2017 2.11 Mn
Dec 31, 2016 2.43 Mn
Dec 31, 2016 2.43 Mn