Rithm Capital (RITM) Debt Ratio (2012 - 2023)
Rithm Capital's (RITM) quarterly Debt Ratio came in at 0.32 in Q4 2023, down 2.83% year-on-year from 0.33 in Q4 2022, and down 14.48% on a QoQ basis from 0.37 in Q3 2023.
Rithm Capital (RITM) Debt Ratio (2012 - 2023) Analysis & Trends
Rithm Capital (RITM) has 12 years of Debt Ratio data on file, last reported at 0.32 in Q4 2023.
- On a quarterly basis, Debt Ratio fell 2.83% year-over-year to 0.32 in Q4 2023; TTM through Dec 2023 was 0.32, a 2.83% decrease from a year earlier, with the FY2023 full-year figure at 0.32, down 2.83% from the prior year.
- Debt Ratio for Q4 2023 stood at 0.32, down from 0.37 in the prior quarter.
- Over the last five years, Debt Ratio for RITM reached as high as 0.58 in Q2 2019 and fell as low as 0.0 in Q1 2019.
- Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.32 in 2023.
- Across the five-year window, Debt Ratio slumped 94.05% in 2021 and soared 2281.01% in 2022, its largest moves.
- Year by year, 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 surged by 2281.01% to 0.33 in 2022, then decreased by 2.83% to 0.32 in 2023.
- Per Business Quant data, the three most recent Debt Ratio figures were 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 | 16.30 Bn | 14.44 Bn | - | 0.01 |
| 2 | AGNC Investment | 11.85 Bn | 11.36 Bn | - | 0.74 |
| 3 | Starwood Property Trust | 5.99 Bn | 5.94 Bn | - | 0.30 |
| 4 | Rithm Capital | 5.01 Bn | 5.01 Bn | - | - |
| 5 | Blackstone Mortgage Trust | 2.78 Bn | 2.24 Bn | - | 0.04 |
| 6 | Ellington Financial | 1.63 Bn | 1.51 Bn | - | 0.01 |
| 7 | Dynex Capital | 1.56 Bn | 1.05 Bn | - | - |
| 8 | Armour Residential REIT | 1.42 Bn | 1.34 Bn | - | 0.85 |
| 9 | Two Harbors Investment | 1.27 Bn | 987.19 Mn | - | 0.01 |
| 10 | Ladder Capital | 1.20 Bn | 1.17 Bn | - | 0.72 |
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 |