Ready Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Ready Capital Corp
RC Stock  USD 7.39  0.12  1.65%   
Ready Capital financial statements provide useful quarterly and yearly information to potential Ready Capital Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Ready Capital financial statements helps investors assess Ready Capital's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Ready Capital's valuation are summarized below:
Gross Profit
470.6 M
Profit Margin
(0.85)
Market Capitalization
1.3 B
Enterprise Value Revenue
94.6944
Revenue
129.4 M
We have found one hundred twenty available trending fundamental ratios for Ready Capital Corp, which can be analyzed and compared to other ratios and to its competitors. Investors should ensure to check out all of Ready Capital's recent performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 1.6 B. The current year's Enterprise Value is expected to grow to about 9 B

Ready Capital Total Revenue

1.2 Billion

Check Ready Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ready Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.2 M, Interest Expense of 752.3 M or Selling General Administrative of 67.6 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.15 or PTB Ratio of 0.56. Ready financial statements analysis is a perfect complement when working with Ready Capital Valuation or Volatility modules.
  
Check out the analysis of Ready Capital Correlation against competitors.
For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.

Ready Capital Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets13.1 B12.4 B4.5 B
Slightly volatile
Total Current Liabilities247.4 M345.1 M211.5 M
Slightly volatile
Total Stockholder Equity2.7 B2.5 B812.1 M
Slightly volatile
Accounts Payable66.1 M41.6 M56.6 M
Slightly volatile
Cash89.1 M138.5 M76.5 M
Slightly volatile
Non Current Assets Total8.2 B7.8 B1.7 B
Slightly volatile
Cash And Short Term Investments126.2 M138.5 M108.2 M
Slightly volatile
Common Stock Total Equity9.7 K9.2 K3.8 K
Slightly volatile
Liabilities And Stockholders Equity13.1 B12.4 B4.5 B
Slightly volatile
Non Current Liabilities Total7.5 B7.1 B3.1 B
Slightly volatile
Other Stockholder Equity2.4 B2.3 B767.7 M
Slightly volatile
Total Liabilities10.3 B9.8 B3.7 B
Slightly volatile
Total Current Assets270.2 M272.9 M231.3 M
Slightly volatile
Common Stock17.9 K17 K5.1 K
Slightly volatile
Net Receivables137.9 M131.3 M35.8 M
Slightly volatile
Common Stock Shares Outstanding156 M148.6 M57.2 M
Slightly volatile
Short and Long Term Debt Total4.1 B7.2 B3 B
Slightly volatile
Net Tangible Assets2 B1.9 B718.8 M
Slightly volatile
Noncontrolling Interest In Consolidated Entity3.8 M4 M16.4 M
Slightly volatile
Long Term Debt7.4 B7.1 B2.5 B
Slightly volatile
Long Term Debt Total11.3 B10.7 B3 B
Slightly volatile
Capital Surpluse2 B1.9 B756.7 M
Slightly volatile
Long Term Investments7.4 B7.1 B1.2 B
Slightly volatile
Non Current Liabilities Other2.1 B2 B952.1 M
Slightly volatile
Short Term Debt142.4 M149.9 M270.3 M
Slightly volatile
Other Liabilities48.7 M46.4 M25 M
Pretty Stable
Short and Long Term Debt142.4 M149.9 M240.9 M
Slightly volatile
Cash And Equivalents122.1 M187.5 M96.3 M
Slightly volatile
Property Plant And Equipment Net2.4 M2.5 M728.2 M
Slightly volatile
Net Invested Capital6.4 B9.7 B4.1 B
Slightly volatile
Capital Stock64.3 M111.4 M27.7 M
Slightly volatile
Property Plant And Equipment Gross2.3 M2.5 M3.8 M
Slightly volatile
Capital Lease Obligations4.6 M8.2 M3.9 M
Pretty Stable
Warrants6.7 M7.5 M8.2 M
Slightly volatile

Ready Capital Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense752.3 M716.5 M180 M
Slightly volatile
Selling General Administrative67.6 M95.1 M53.7 M
Slightly volatile
Total Revenue1.2 B1.1 B282.7 M
Slightly volatile
Gross Profit1.1 B1.1 B246.6 M
Slightly volatile
Other Operating Expenses102.6 M94.3 M81.9 M
Slightly volatile
Cost Of Revenue43.7 M59.6 M34.9 M
Slightly volatile
Income Before Tax376.3 M358.4 M103.4 M
Slightly volatile
Preferred Stock And Other Adjustments9.1 M8.6 M5.7 M
Slightly volatile
Net Income Applicable To Common Shares213.4 M203.2 M73.8 M
Slightly volatile
Interest Income953.5 M908.1 M207.6 M
Slightly volatile
Net Interest Income146.4 M240.1 M112.5 M
Slightly volatile
Selling And Marketing Expenses2 M1.1 M1.4 M
Slightly volatile

Ready Capital Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow287.3 M273.6 M108.6 M
Slightly volatile
Dividends Paid225.8 M215.1 M72.2 M
Slightly volatile
End Period Cash Flow143 M262.5 M116.1 M
Slightly volatile
Stock Based Compensation4.6 M7.5 M2.4 M
Slightly volatile
Issuance Of Capital Stock102.6 K108 K26.3 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.251.31418.9323
Slightly volatile
Dividend Yield0.150.14290.0828
Slightly volatile
PTB Ratio0.560.59063.4472
Slightly volatile
Days Sales Outstanding62.9241.836175.3402
Slightly volatile
Book Value Per Share11.2518.024612.3114
Slightly volatile
Average Payables1.6 M2.3 M2.2 M
Slightly volatile
Stock Based Compensation To Revenue0.00860.00660.0065
Slightly volatile
Capex To Depreciation279266204
Pretty Stable
PB Ratio0.560.59063.4472
Slightly volatile
EV To Sales7.147.517619.1294
Slightly volatile
Payables Turnover2.231.43171.87
Very volatile
Sales General And Administrative To Revenue0.07890.08310.2401
Slightly volatile
Research And Ddevelopement To Revenue0.02390.02250.0308
Slightly volatile
Capex To Revenue9.138.73.5364
Slightly volatile
Cash Per Share0.910.959838.3712
Pretty Stable
Days Payables Outstanding195255274
Slightly volatile
Intangibles To Total Assets0.01210.01280.0263
Very volatile
Current Ratio0.750.79073.7267
Slightly volatile
Tangible Book Value Per Share9.516.94110.447
Slightly volatile
Receivables Turnover13.548.724512.1618
Slightly volatile
Graham Number15.6630.043917.3876
Slightly volatile
Shareholders Equity Per Share10.7217.354111.6472
Slightly volatile
Debt To Equity2.442.83952.7669
Slightly volatile
Capex Per Share51.148.6718.3143
Slightly volatile
Revenue Per Share8.197.80033.7346
Slightly volatile
Interest Debt Per Share36.554.156138.932
Slightly volatile
Debt To Assets0.450.58160.5309
Slightly volatile
Price Book Value Ratio0.560.59063.4472
Slightly volatile
Days Of Payables Outstanding195255274
Slightly volatile
Pretax Profit Margin0.470.31290.4829
Slightly volatile
Company Equity Multiplier4.144.88224.9542
Slightly volatile
Long Term Debt To Capitalization0.580.73550.7066
Slightly volatile
Total Debt To Capitalization0.590.73950.7136
Slightly volatile
Debt Equity Ratio2.442.83952.7669
Slightly volatile
Quick Ratio0.750.79073.741
Slightly volatile
Cash Ratio0.380.40142.117
Slightly volatile
Days Of Sales Outstanding62.9241.836175.3402
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.90.9519.4362
Pretty Stable
Price To Book Ratio0.560.59063.4472
Slightly volatile
Debt Ratio0.450.58160.5309
Slightly volatile
Price Sales Ratio1.251.31418.9323
Slightly volatile
Asset Turnover0.06390.09210.0669
Slightly volatile
Gross Profit Margin0.590.9480.7565
Very volatile
Price Fair Value0.560.59063.4472
Slightly volatile

Ready Capital Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.6 B1.5 B729.5 M
Slightly volatile
Enterprise Value9 B8.6 B3.7 B
Slightly volatile

Ready Fundamental Market Drivers

Forward Price Earnings9.99
Cash And Short Term Investments138.5 M

Ready Upcoming Events

26th of February 2024
Upcoming Quarterly Report
View
13th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Ready Capital Financial Statements

Ready Capital stakeholders use historical fundamental indicators, such as Ready Capital's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ready Capital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ready Capital's assets and liabilities are reflected in the revenues and expenses on Ready Capital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ready Capital Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-43.8 M-46 M
Total Revenue1.1 B1.2 B
Cost Of Revenue59.6 M43.7 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.08  0.08 
Research And Ddevelopement To Revenue 0.02  0.02 
Capex To Revenue 8.70  9.13 
Revenue Per Share 7.80  8.19 
Ebit Per Revenue 0.77  0.81 

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Is Ready Stock a good investment?
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What is Ready Capital's Net Worth?
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Check out the analysis of Ready Capital Correlation against competitors.
For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ready Capital. If investors know Ready will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ready Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.053
Dividend Share
1.15
Earnings Share
(0.72)
Revenue Per Share
0.76
Quarterly Revenue Growth
(0.81)
The market value of Ready Capital Corp is measured differently than its book value, which is the value of Ready that is recorded on the company's balance sheet. Investors also form their own opinion of Ready Capital's value that differs from its market value or its book value, called intrinsic value, which is Ready Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ready Capital's market value can be influenced by many factors that don't directly affect Ready Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Ready Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ready Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ready Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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