Rithm Property Trust (RPT) Loans - Loss Allowance (2018 - 2024)
Rithm Property Trust's Loans - Loss Allowance came in at $403,000 for Q1 2024, down 90.7% from $4.34 million a year earlier and down 88.2% from the prior quarter.
Rithm Property Trust (RPT) Loans - Loss Allowance (2018 - 2024) Analysis & Trends
At the end of FY2023, Rithm Property Trust's Loans - Loss Allowance was $3.43 million, down 43.9% from FY2022.
- Loans - Loss Allowance has declined in each of the last three years, though with a five-year compound annual growth rate of 24.1% (FY2018 to FY2023).
- Going back by year, Loans - Loss Allowance was $6.11 million in FY2022 (-14.1%), $7.11 million in FY2021 (-48.1%), $13.71 million in FY2020 (+599.6%) and $1.96 million in FY2019 (+68.4%).
- The Q1 2024 figure represents the lowest quarterly Loans - Loss Allowance since Q3 2018.
- Year-over-year, Loans - Loss Allowance increased in 1 of the last eight quarters, with an average decline of 31.7%.
- The fastest year-over-year change in Loans - Loss Allowance over five years came in Q2 2020 (growth of 929.9%), and the weakest in Q1 2024 (a decline of 90.7%).
- Business Quant data shows RPT's Loans - Loss Allowance at $3.43 million (Q4 2023), $7.45 million (Q3 2023) and $5.99 million (Q2 2023) in the three quarters before Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | - |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Rithm Property Trust | 83.94 Mn | -1.02 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 403,000.00 |
| Dec 31, 2023 | 3.43 Mn |
| Sep 30, 2023 | 7.45 Mn |
| Jun 30, 2023 | 5.99 Mn |
| Mar 31, 2023 | 4.34 Mn |
| Dec 31, 2022 | 6.11 Mn |
| Sep 30, 2022 | 5.22 Mn |
| Jun 30, 2022 | 9.13 Mn |
| Mar 31, 2022 | 7.69 Mn |
| Dec 31, 2021 | 7.11 Mn |
| Sep 30, 2021 | 13.88 Mn |
| Jun 30, 2021 | 9.83 Mn |
| Mar 31, 2021 | 17.89 Mn |
| Dec 31, 2020 | 13.71 Mn |
| Jun 30, 2020 | 14.45 Mn |
| Mar 31, 2020 | 16.14 Mn |
| Dec 31, 2019 | 1.96 Mn |
| Jun 30, 2019 | 1.40 Mn |
| Mar 31, 2019 | 1.32 Mn |
| Dec 31, 2018 | 1.16 Mn |
Rithm Property Trust Loans - Loss Allowance 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=loans-loss-allowance&ticker=RPT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "loans-loss-allowance", "ticker": "RPT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=loans-loss-allowance&ticker=RPT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();