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-over-year from $12.6 million in Q2 2018, and up 17.87% quarter-over-quarter from $7.5 million in Q1 2019.
Analysis
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.
- 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, changed 0.33% from the prior year.
- Asset Writedowns and Impairment was $8.9 million for Q2 2019 at Rithm Capital, up from $7.5 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $12.6 million in Q2 2018 and troughed at $649000.0 in Q2 2015.
- A 5-year average of $3.9 million and a median of $2.5 million in 2015 frame the typical range for Asset Writedowns and Impairment.
- Across the five-year window, Asset Writedowns and Impairment surged 456.7% in 2015 and tumbled 35.1% in 2017, its largest moves.
- Over 5 years, Asset Writedowns and Impairment stood at $2.5 million in 2015, then slipped by 2.73% to $2.4 million in 2016, then slumped by 34.13% to $1.6 million in 2017, then surged by 143.37% to $3.9 million in 2018, then jumped by 127.8% to $8.9 million in 2019.
- The last three Asset Writedowns and Impairment figures came in at $8.9 million (Q2 2019), $7.5 million (Q1 2019), and $3.9 million (Q3 2018), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Annaly Capital Management | 16.87 Bn | 13.96 Bn | - |
| 2 | AGNC Investment | 12.43 Bn | 11.10 Bn | - |
| 3 | Starwood Property Trust | 5.84 Bn | 3.67 Bn | - |
| 4 | Rithm Capital | 5.57 Bn | 5.57 Bn | - |
| 5 | Dynex Capital | 2.88 Bn | 2.27 Bn | - |
| 6 | Two Harbors Investment | 2.65 Bn | 2.01 Bn | - |
| 7 | Blackstone Mortgage Trust | 2.35 Bn | 1.91 Bn | - |
| 8 | Armour Residential REIT | 2.11 Bn | 2.02 Bn | - |
| 9 | Ellington Financial | 1.71 Bn | 1.46 Bn | - |
| 10 | Orchid Island Capital | 1.32 Bn | 637.53 Mn | 61.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2019 | 8.86 Mn |
| Mar 31, 2019 | 7.52 Mn |
| Sep 30, 2018 | 3.89 Mn |
| Jun 30, 2018 | 12.63 Mn |
| Mar 31, 2018 | 6.67 Mn |
| Dec 31, 2017 | 1.60 Mn |
| Sep 30, 2017 | 1.51 Mn |
| Jun 30, 2017 | 5.12 Mn |
| Mar 31, 2017 | 2.11 Mn |
| Dec 31, 2016 | 2.43 Mn |
| Sep 30, 2016 | 1.77 Mn |
| Jun 30, 2016 | 2.82 Mn |
| Mar 31, 2016 | 3.25 Mn |
| Dec 31, 2015 | 2.49 Mn |
| Sep 30, 2015 | 1.57 Mn |
| Jun 30, 2015 | 649,000.00 |
| Mar 31, 2015 | 1.07 Mn |
| Dec 31, 2014 | 448,000.00 |
| Jun 30, 2014 | 615,000.00 |
| Mar 31, 2014 | 328,000.00 |