Ready Interest Expense vs Total Operating Expenses Analysis
RC Stock | USD 7.39 0.14 1.93% |
Ready Capital financial indicator trend analysis is much more than just breaking down Ready Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ready Capital Corp is a good investment. Please check the relationship between Ready Capital Interest Expense and its Total Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ready Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.
Interest Expense vs Total Operating Expenses
Interest Expense vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ready Capital Corp Interest Expense account and Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ready Capital's Interest Expense and Total Operating Expenses is -0.01. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Ready Capital Corp, assuming nothing else is changed. The correlation between historical values of Ready Capital's Interest Expense and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Ready Capital Corp are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Interest Expense i.e., Ready Capital's Interest Expense and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Ready Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ready Capital Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ready Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.At present, Ready Capital's Enterprise Value is projected to increase significantly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 325.0M | 404.9M | 1.1B | 1.2B | Total Revenue | 383.4M | 460.2M | 1.1B | 1.2B |
Ready Capital fundamental ratios Correlations
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Ready Capital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ready Capital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.0B | 5.4B | 9.5B | 11.6B | 12.4B | 13.1B | |
Total Current Liabilities | 477.6M | 678.6M | 656.0M | 457.8M | 345.1M | 247.4M | |
Total Stockholder Equity | 825.4M | 815.4M | 1.3B | 1.8B | 2.5B | 2.7B | |
Net Debt | 3.9B | 4.0B | 6.7B | 9.0B | 7.1B | 7.5B | |
Retained Earnings | 8.7M | (24.2M) | 8.6M | 5.0M | 124.4M | 130.6M | |
Accounts Payable | 97.4M | 27.0M | 184.1M | 176.5M | 41.6M | 66.1M | |
Cash | 67.9M | 139.0M | 229.5M | 163.0M | 138.5M | 89.1M | |
Non Current Assets Total | 277.8M | 285.4M | 447.6M | 433.3M | 7.8B | 8.2B | |
Non Currrent Assets Other | (31.8M) | (18.4M) | (3.6M) | (2.7M) | (7.2B) | (6.9B) | |
Other Assets | 4.6B | 4.9B | 8.8B | 10.9B | 4.3B | 3.6B | |
Cash And Short Term Investments | 67.9M | 139.0M | 229.5M | 281.7M | 141.6M | 126.4M | |
Liabilities And Stockholders Equity | 5.0B | 5.4B | 9.5B | 11.6B | 12.4B | 13.1B | |
Non Current Liabilities Total | 3.9B | 4.1B | 7.0B | 9.3B | 7.1B | 7.5B | |
Other Stockholder Equity | 814.1M | 849.5M | 1.2B | 1.7B | 2.3B | 2.4B | |
Total Liab | 4.1B | 4.5B | 8.3B | 9.7B | 9.8B | 10.3B | |
Total Current Assets | 111.2M | 156.3M | 237.4M | 289.9M | 272.9M | 270.2M | |
Other Current Liab | (477.6M) | (570.0M) | (656.0M) | (176.5M) | 153.6M | 161.3M | |
Net Receivables | 43.3M | 17.3M | 7.9M | 8.2M | 131.3M | 137.9M | |
Common Stock Shares Outstanding | 42.0M | 53.8M | 68.7M | 117.2M | 148.6M | 156.0M | |
Other Current Assets | (246.2M) | (273.2M) | (406.6M) | (418.5M) | (168.6M) | (160.2M) | |
Short Long Term Debt Total | 3.9B | 4.1B | 8.4B | 9.8B | 7.2B | 4.1B | |
Net Tangible Assets | 825.4M | 815.4M | 1.2B | 1.6B | 1.9B | 2.0B | |
Noncontrolling Interest In Consolidated Entity | 19.2M | 19.4M | 18.8M | 4.5M | 4.0M | 3.8M | |
Long Term Debt | 1.3B | 1.5B | 7.0B | 9.3B | 7.1B | 7.4B | |
Retained Earnings Total Equity | 5.3M | 8.7M | (24.2M) | 8.6M | 7.7M | 8.1M | |
Long Term Debt Total | 1.3B | 1.5B | 7.9B | 9.3B | 10.7B | 11.3B | |
Capital Surpluse | 822.8M | 849.5M | 1.2B | 1.7B | 1.9B | 2.0B | |
Inventory | 58.6M | 45.3M | 42.3M | 117.1M | 7.2M | 6.9M | |
Deferred Long Term Liab | 15.1M | 16.6M | 29.8M | 41.8M | 48.1M | 50.5M | |
Long Term Investments | 120.2M | 141.2M | 240.6M | 154.0M | 7.1B | 7.4B | |
Accumulated Other Comprehensive Income | (6.2M) | (9.9M) | (5.7M) | (9.4M) | (17.9M) | (17.0M) | |
Non Current Liabilities Other | 1.4B | 742.7M | 831.5M | 1.7B | 2.0B | 2.1B | |
Short Term Debt | 380.2M | 543.0M | 471.9M | 457.8M | 149.9M | 142.4M | |
Intangible Assets | 122.0M | 114.7M | 204.6M | 279.3M | 120.6M | 123.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ready Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.
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.