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| 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 |