Rithm Capital (RITM) Asset Writedowns and Impairment (2013 - 2019)
Rithm Capital (RITM) posted Asset Writedowns and Impairment of $8.86 million for Q2 2019, down 29.9% from $12.63 million a year earlier but up 17.9% from the prior quarter.
Rithm Capital (RITM) Asset Writedowns and Impairment (2013 - 2019) Analysis & Trends
For the trailing twelve months through Jun 30, 2019, Asset Writedowns and Impairment at Rithm Capital was $32.9 million, up 46.8% year-over-year; for FY2017, it came in at $10.33 million, up 0.3% from FY2016.
- Annual Asset Writedowns and Impairment has increased for three consecutive years, with a four-year compound annual growth rate of 19.9% (FY2013 to FY2017).
- In prior years, Rithm Capital's Asset Writedowns and Impairment was $10.3 million in FY2016 (+77.6%), $5.8 million in FY2015 (+314.3%), $1.4 million in FY2014 (-72.0%) and $5 million in FY2013.
- Quarterly Asset Writedowns and Impairment has run from a low of $448,000 in Q4 2014 to a high of $12.63 million in Q2 2018 over five years.
- On a year-over-year basis, Asset Writedowns and Impairment increased in four of the last seven quarters, with growth averaging 65.0%.
- The strongest year-over-year quarter for Asset Writedowns and Impairment in the past five years was Q4 2015, with growth of 456.7%; the weakest was Q4 2014, with a decline of 63.8%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 43.94 Bn | 29.62 Bn | - |
| 2 | Orix | 41.70 Bn | 42.20 Bn | - |
| 3 | Royalty Pharma | 32.87 Bn | 32.78 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.52 Bn | 25.52 Bn | - |
| 5 | Affirm Holdings | 23.86 Bn | 17.55 Bn | - |
| 6 | Synchrony Financial | 23.33 Bn | -44.64 Bn | - |
| 7 | Royal Gold | 19.87 Bn | 19.09 Bn | 390.45 Mn |
| 8 | Annaly Capital Management | 13.89 Bn | 4.98 Bn | - |
| 9 | Ares Capital | 13.54 Bn | 10.98 Bn | - |
| 10 | Rithm Capital | 4.87 Bn | -4.00 Bn | - |
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 |
Rithm Capital Asset Writedowns and Impairment 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=asset-writedowns-and-impairment&ticker=RITM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "RITM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=RITM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();