Rithm Property Trust (RPT) Loans - Loss Allowance (2018 - 2024)
Rithm Property Trust (RPT) posted quarterly Loans - Loss Allowance of $403000.0 for Q1 2024, down 90.71% year-over-year from $4.3 million in Q2 2023, and down 88.24% on a QoQ basis from $3.4 million in Q4 2023.
Rithm Property Trust (RPT) Loans - Loss Allowance (2018 - 2024) Analysis & Trends
Rithm Property Trust has reported Loans - Loss Allowance for 7 years, with the latest figure at $403000.0 in Q1 2024.
- Loans - Loss Allowance for Q1 2024 came in at $403000.0, down 90.71% year-over-year; the trailing twelve-month figure through Mar 2024 was $403000.0 (down 90.71% YoY), and the FY2023 annual result was $3.4 million, down 43.9% from the prior year.
- Loans - Loss Allowance eased to $403000.0 in Q1 2024, from $3.4 million in the prior quarter.
- Over five years, Loans - Loss Allowance peaked at $17.9 million in Q1 2021 and troughed at $403000.0 in Q1 2024.
- A 5-year average of $8.9 million and a median of $7.6 million in 2022 frame the typical range for Loans - Loss Allowance.
- The widest annual swing landed in 2020, when Loans - Loss Allowance jumped 1124.28%; it then slumped 90.71% in 2024.
- A 5-year view of Loans - Loss Allowance shows it stood at $13.7 million in 2020, then sank by 48.13% to $7.1 million in 2021, then decreased by 14.13% to $6.1 million in 2022, then tumbled by 43.9% to $3.4 million in 2023, then slumped by 88.24% to $403000.0 in 2024.
- Per Business Quant data, the three most recent Loans - Loss Allowance figures were $403000.0 in Q1 2024, $3.4 million in Q4 2023, and $7.4 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Annaly Capital Management | 17.29 Bn | 14.38 Bn | - | - |
| 2 | AGNC Investment | 12.65 Bn | 11.32 Bn | - | - |
| 3 | Starwood Property Trust | 5.95 Bn | 3.79 Bn | - | - |
| 4 | Rithm Capital | 5.71 Bn | 5.71 Bn | - | - |
| 5 | Dynex Capital | 2.93 Bn | 2.32 Bn | - | - |
| 6 | Blackstone Mortgage Trust | 2.40 Bn | 1.97 Bn | - | - |
| 7 | Armour Residential REIT | 2.12 Bn | 2.03 Bn | - | - |
| 8 | Ellington Financial | 1.73 Bn | 1.49 Bn | - | - |
| 9 | Orchid Island Capital | 1.34 Bn | 654.61 Mn | 61.82 Mn | - |
| 10 | Rithm Property Trust | 100.08 Mn | -50.99 Mn | - | - |
Historic Data
Download 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 |