Rithm Capital (RITM) Asset Writedowns and Impairment (2013 - 2019)
Rithm Capital (RITM) posted quarterly Asset Writedowns and Impairment of $8.9 million for Q2 2019, down 29.86% year-over-year from $12.6 million in Q2 2018, and up 17.87% quarter-over-quarter from $7.5 million in Q1 2019.
Rithm Capital (RITM) Asset Writedowns and Impairment (2013 - 2019) Analysis & Trends
Rithm Capital (RITM) has reported Asset Writedowns and Impairment for 7 consecutive years, with $8.9 million the latest figure, recorded in Q2 2019.
- In Q2 2019, Asset Writedowns and Impairment fell 29.86% year-over-year to $8.9 million; the TTM figure through Jun 2019 stood at $32.9 million (up 46.8% YoY), while the FY2017 annual figure was $10.3 million, up 0.68% from the prior year.
- Asset Writedowns and Impairment rose to $8.9 million in Q2 2019 per RITM's latest filing, from $7.5 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $12.6 million in Q2 2018 and bottomed at $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.
- Annual changes were most pronounced in 2015 — Asset Writedowns and Impairment soared 456.7% — and 2017, when it slumped 35.1%.
- Rithm Capital's Asset Writedowns and Impairment stood at $2.5 million in 2015, then declined by 2.73% to $2.4 million in 2016, then slumped by 34.13% to $1.6 million in 2017, then jumped by 143.37% to $3.9 million in 2018, then soared by 127.8% to $8.9 million in 2019.
- Business Quant data shows RITM's Asset Writedowns and Impairment at $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 | 17.29 Bn | 14.38 Bn | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |