Rithm Property Trust (RPT) Loans - Loss Allowance (2018 - 2024)
Rithm Property Trust's (RPT) quarterly Loans - Loss Allowance came in at $403000.0 in Q1 2024, down 90.71% year-over-year from $4.3 million in Q2 2023, and down 88.24% quarter-over-quarter from $3.4 million in Q4 2023.
Analysis
Rithm Property Trust (RPT) Loans - Loss Allowance (2018 - 2024) Analysis & Trends
Rithm Property Trust (RPT) has reported Loans - Loss Allowance for 7 consecutive years, with $403000.0 the latest figure, recorded in Q1 2024.
- On a quarterly basis, Loans - Loss Allowance fell 90.71% year-over-year to $403000.0 in Q1 2024; TTM through Mar 2024 was $403000.0, a 90.71% decrease from a year earlier, with the FY2023 full-year figure at $3.4 million, down 43.9% from the prior year.
- Loans - Loss Allowance was $403000.0 for Q1 2024 at Rithm Property Trust, down 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.
- Across the five-year window, Loans - Loss Allowance surged 1124.28% in 2020 and tumbled 90.71% in 2024, its largest moves.
- Over 5 years, Loans - Loss Allowance stood at $13.7 million in 2020, then tumbled by 48.13% to $7.1 million in 2021, then fell by 14.13% to $6.1 million in 2022, then sank by 43.9% to $3.4 million in 2023, then plunged by 88.24% to $403000.0 in 2024.
- The last three Loans - Loss Allowance figures came in at $403000.0 (Q1 2024), $3.4 million (Q4 2023), and $7.4 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Nexpoint Diversified Real Estate Trust | 280.50 Mn | 238.17 Mn | - | - |
| 2 | Mobile Infrastructure | 120.67 Mn | 109.76 Mn | - | - |
| 3 | Rithm Property Trust | 99.46 Mn | -51.61 Mn | - | - |
| 4 | Sky Harbour | 7.93 Mn | 7.93 Mn | - | - |
| 5 | Zoned Properties | 6.00 Mn | 3.55 Mn | 28,391.00 | - |
| 6 | Power REIT | 2.59 Mn | 2.59 Mn | - | - |
Historic Data
Download Data
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 |