Ready Capital Financials
RC Stock | USD 7.39 0.14 1.93% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 2.44 | 2.8395 |
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Current Ratio | 0.75 | 0.7907 |
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The essential information of the day-to-day investment outlook for Ready Capital includes many different criteria found on its balance sheet. An individual investor should monitor Ready Capital's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Ready Capital.
Cash And Equivalents |
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Ready | Select Account or Indicator |
Understanding current and past Ready Capital Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Ready Capital's financial statements are interrelated, with each one affecting the others. For example, an increase in Ready Capital's assets may result in an increase in income on the income statement.
Please note, the presentation of Ready Capital's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ready Capital's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Ready Capital's management manipulating its earnings.
Ready Capital Stock Summary
Ready Capital competes with Blackstone Mortgage, Omega Healthcare, and Medical Properties. Ready Capital Corporation operates as a real estate finance company in the United States. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York. Ready Capital operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. It employs 600 people.Specialization | Real Estate, Financial Services |
Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | US75574U1016 |
CUSIP | 75574U101 86933G105 98886K108 |
Location | New York; U.S.A |
Business Address | 1251 Avenue of |
Sector | Mortgage Real Estate Investment Trusts (REITs) |
Industry | Financials |
Benchmark | Dow Jones Industrial |
Website | www.readycapital.com |
Phone | 212 257 4600 |
Currency | USD - US Dollar |
Ready Capital Key Financial Ratios
Return On Equity | -0.0357 | ||||
Profit Margin | (0.85) % | ||||
Operating Margin | (1.62) % | ||||
Price To Sales | 9.67 X | ||||
Revenue | 1.15 B |
Ready Capital Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.0B | 5.4B | 9.5B | 11.6B | 12.4B | 13.1B | |
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 | |
Other Assets | 4.6B | 4.9B | 8.8B | 10.9B | 4.3B | 3.6B | |
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 | |
Other Current Assets | (246.2M) | (273.2M) | (406.6M) | (418.5M) | (168.6M) | (160.2M) | |
Net Tangible Assets | 825.4M | 815.4M | 1.2B | 1.6B | 1.9B | 2.0B | |
Long Term Debt | 1.3B | 1.5B | 7.0B | 9.3B | 7.1B | 7.4B | |
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 | |
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 |
Ready Capital Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 151.9M | 175.5M | 213.6M | 400.8M | 716.5M | 752.3M | |
Total Revenue | 146.1M | 270.1M | 383.4M | 460.2M | 1.1B | 1.2B | |
Gross Profit | 113.0M | 215.8M | 325.0M | 404.9M | 1.1B | 1.2B | |
Operating Income | 62.4M | 53.3M | 186.8M | 624.8M | 879.3M | 923.3M | |
Ebit | 62.4M | 53.3M | 186.8M | 414.2M | 879.3M | 923.3M | |
Ebitda | 62.4M | 86.8M | 163.3M | 644.8M | 899.6M | 944.5M | |
Cost Of Revenue | 33.2M | 54.4M | 58.4M | 55.3M | 40.8M | 42.0M | |
Income Before Tax | 64.5M | 54.5M | 189.1M | 232.9M | 358.4M | 376.3M | |
Net Income | 73.0M | 44.9M | 157.7M | 194.3M | 339.5M | 356.4M | |
Income Tax Expense | (10.6M) | 8.4M | 29.1M | 29.7M | 7.2M | 7.5M | |
Minority Interest | 2.1M | 1.2M | (2.2M) | (8.9M) | (10.1M) | (9.6M) | |
Research Development | 4.8M | 6.7M | 8.0M | 9.0M | 7.4M | 4.0M | |
Tax Provision | (10.6M) | 8.4M | 29.1M | 29.7M | 6.3M | 10.2M | |
Interest Income | 229.9M | 16.2M | 403.5M | 121.7M | 908.1M | 953.5M | |
Net Interest Income | 78.0M | 83.2M | 189.9M | 270.4M | 240.1M | 146.4M |
Ready Capital Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 33.0M | 72.5M | 122.8M | (26.3M) | (11.1M) | (10.5M) | |
Free Cash Flow | (53.3M) | 68.9M | (3.7B) | 359.1M | 54.1M | 56.8M | |
Depreciation | 14.4M | 33.6M | (23.6M) | 15.1M | 20.2M | 21.2M | |
Other Non Cash Items | (113.8M) | (54.4M) | (184.1M) | 176.8M | (221.5M) | (210.4M) | |
Dividends Paid | 63.3M | 56.9M | 111.9M | 187.8M | 215.1M | 225.8M | |
Capital Expenditures | 894K | 329K | 3.7B | 11.0M | 929.1M | 975.5M | |
Net Income | 75.1M | 46.1M | 160.0M | 203.2M | 351.2M | 368.8M | |
End Period Cash Flow | 128.0M | 200.5M | 323.3M | 297.0M | 262.5M | 143.0M | |
Investments | (745.3M) | (263.0M) | 2.0B | (1.6B) | 617.3M | 648.2M | |
Net Borrowings | 387.7M | 165.6M | 2.0B | 1.3B | 1.5B | 1.6B | |
Change To Netincome | (40.6M) | 32.2M | (185.8M) | 178.1M | 204.8M | 215.1M | |
Change Receivables | (2.1M) | 7.6M | (10K) | 9.5M | 10.9M | 11.5M |
Ready Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ready Capital's current stock value. Our valuation model uses many indicators to compare Ready Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ready Capital competition to find correlations between indicators driving Ready Capital's intrinsic value. More Info.Ready Capital Corp is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At present, Ready Capital's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ready Capital's earnings, one of the primary drivers of an investment's value.Ready Capital Corp Systematic Risk
Ready Capital's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Ready Capital volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Ready Capital Corp correlated with the market. If Beta is less than 0 Ready Capital generally moves in the opposite direction as compared to the market. If Ready Capital Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ready Capital Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ready Capital is generally in the same direction as the market. If Beta > 1 Ready Capital moves generally in the same direction as, but more than the movement of the benchmark.
Ready Capital Thematic Clasifications
Ready Capital Corp is part of Trading investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Trading industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Trading industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Trading | View |
Today, most investors in Ready Capital Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Ready Capital's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Ready Capital growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Ready Capital November 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Ready Capital help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Ready Capital Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ready Capital Corp based on widely used predictive technical indicators. In general, we focus on analyzing Ready Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ready Capital's daily price indicators and compare them against related drivers.
Information Ratio | (0.16) | |||
Maximum Drawdown | 8.18 | |||
Value At Risk | (2.57) | |||
Potential Upside | 2.95 |
Complementary Tools for Ready Stock analysis
When running Ready Capital's price analysis, check to measure Ready Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ready Capital is operating at the current time. Most of Ready Capital's value examination focuses on studying past and present price action to predict the probability of Ready Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ready Capital's price. Additionally, you may evaluate how the addition of Ready Capital to your portfolios can decrease your overall portfolio volatility.
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