Rithm Capital (RITM) Debt Ratio (2012 - 2023)
Rithm Capital (RITM) posted quarterly Debt Ratio of 0.32 for Q4 2023, down 2.83% year-over-year from 0.33 in Q4 2022, and down 14.48% quarter-over-quarter from 0.37 in Q3 2023.
Rithm Capital (RITM) Debt Ratio (2012 - 2023) Analysis & Trends
Rithm Capital (RITM) has reported Debt Ratio for 12 consecutive years, with 0.32 the latest figure, recorded in Q4 2023.
- In Q4 2023, Debt Ratio fell 2.83% year-over-year to 0.32; the TTM figure through Dec 2023 stood at 0.32 (down 2.83% YoY), while the FY2023 annual figure was 0.32, down 2.83% from the prior year.
- Debt Ratio eased to 0.32 in Q4 2023 per RITM's latest filing, from 0.37 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.58 in Q2 2019 and bottomed at 0.0 in Q1 2019.
- Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.32 in 2023.
- Annual changes were most pronounced in 2021 — Debt Ratio plunged 94.05% — and 2022, when it surged 2281.01%.
- Rithm Capital's Debt Ratio stood at 0.58 in 2019, then slumped by 60.62% to 0.23 in 2020, then slumped by 94.05% to 0.01 in 2021, then soared by 2281.01% to 0.33 in 2022, then fell by 2.83% to 0.32 in 2023.
- Business Quant data shows RITM's Debt Ratio at 0.32 in Q4 2023, 0.37 in Q3 2023, and 0.02 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | 0.24 |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | 0.74 |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | 0.31 |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | 0.86 |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | 0.06 |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | 0.85 |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | 0.03 |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | 0.85 |
| 10 | Two Harbors Investment | 1.26 Bn | 617.08 Mn | - | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.32 |
| Sep 30, 2023 | 0.37 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.33 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.01 |
| Jun 30, 2021 | 0.01 |
| Dec 31, 2020 | 0.23 |
| Jun 30, 2019 | 0.58 |
| Mar 31, 2019 | 0.00 |
| Dec 31, 2018 | 0.49 |
| Sep 30, 2018 | 0.48 |
| Jun 30, 2018 | 0.29 |
| Dec 31, 2017 | 0.32 |
| Sep 30, 2017 | 0.37 |
| Jun 30, 2017 | 0.34 |
| Mar 31, 2017 | 0.38 |