Ready Historical Balance Sheet

RC Stock  USD 7.42  0.04  0.54%   
Trend analysis of Ready Capital Corp balance sheet accounts such as Retained Earnings of 130.6 M, Accounts Payable of 66.1 M or Cash of 89.1 M provides information on Ready Capital's total assets, liabilities, and equity, which is the actual value of Ready Capital Corp to its prevalent stockholders. By breaking down trends over time using Ready Capital balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Ready Capital Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ready Capital Corp is a good buy for the upcoming year.

Ready Capital Inventory

6.88 Million

  
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.

About Ready Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Ready Capital Corp at a specified time, usually calculated after every quarter, six months, or one year. Ready Capital Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ready Capital and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Ready currently owns. An asset can also be divided into two categories, current and non-current.

Ready Capital Balance Sheet Chart

At present, Ready Capital's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 7.5 B, whereas Total Current Liabilities is forecasted to decline to about 247.4 M.

Total Assets

Total assets refers to the total amount of Ready Capital assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ready Capital Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Ready Capital obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ready Capital Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Ready Capital Corp, which is listed under current asset account on Ready Capital Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ready Capital customers. The amounts must be unrestricted with restricted cash listed in a different Ready Capital account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Ready Capital Corp balance sheet. This account contains Ready Capital investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Ready Capital Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most accounts from Ready Capital's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 7.5 B, whereas Total Current Liabilities is forecasted to decline to about 247.4 M.
 2021 2022 2023 2024 (projected)
Total Current Liabilities656.0M457.8M345.1M247.4M
Total Assets9.5B11.6B12.4B13.1B

Ready Capital balance sheet Correlations

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Click cells to compare fundamentals

Ready Capital Account Relationship Matchups

Ready Capital balance sheet Accounts

201920202021202220232024 (projected)
Total Assets5.0B5.4B9.5B11.6B12.4B13.1B
Total Current Liabilities477.6M678.6M656.0M457.8M345.1M247.4M
Total Stockholder Equity825.4M815.4M1.3B1.8B2.5B2.7B
Net Debt3.9B4.0B6.7B9.0B7.1B7.5B
Retained Earnings8.7M(24.2M)8.6M5.0M124.4M130.6M
Accounts Payable97.4M27.0M184.1M176.5M41.6M66.1M
Cash67.9M139.0M229.5M163.0M138.5M89.1M
Non Current Assets Total277.8M285.4M447.6M433.3M7.8B8.2B
Non Currrent Assets Other(31.8M)(18.4M)(3.6M)(2.7M)(7.2B)(6.9B)
Other Assets4.6B4.9B8.8B10.9B4.3B3.6B
Cash And Short Term Investments67.9M139.0M229.5M281.7M138.5M126.2M
Liabilities And Stockholders Equity5.0B5.4B9.5B11.6B12.4B13.1B
Non Current Liabilities Total3.9B4.1B7.0B9.3B7.1B7.5B
Other Stockholder Equity814.1M849.5M1.2B1.7B2.3B2.4B
Total Liab4.1B4.5B8.3B9.7B9.8B10.3B
Total Current Assets111.2M156.3M237.4M289.9M272.9M270.2M
Other Current Liab(477.6M)(570.0M)(656.0M)(176.5M)153.6M161.3M
Net Receivables43.3M17.3M7.9M8.2M131.3M137.9M
Common Stock Shares Outstanding42.0M53.8M68.7M117.2M148.6M156.0M
Other Current Assets(246.2M)(273.2M)(406.6M)(418.5M)(168.6M)(160.2M)
Short Long Term Debt Total3.9B4.1B8.4B9.8B7.2B4.1B
Net Tangible Assets825.4M815.4M1.2B1.6B1.9B2.0B
Noncontrolling Interest In Consolidated Entity19.2M19.4M18.8M4.5M4.0M3.8M
Long Term Debt1.3B1.5B7.0B9.3B7.1B7.4B
Retained Earnings Total Equity5.3M8.7M(24.2M)8.6M7.7M8.1M
Long Term Debt Total1.3B1.5B7.9B9.3B10.7B11.3B
Capital Surpluse822.8M849.5M1.2B1.7B1.9B2.0B
Inventory58.6M45.3M42.3M117.1M7.2M6.9M
Deferred Long Term Liab15.1M16.6M29.8M41.8M48.1M50.5M
Long Term Investments120.2M141.2M240.6M154.0M7.1B7.4B
Accumulated Other Comprehensive Income(6.2M)(9.9M)(5.7M)(9.4M)(17.9M)(17.0M)
Non Current Liabilities Other1.4B742.7M831.5M1.7B2.0B2.1B
Short Term Debt380.2M543.0M471.9M457.8M149.9M142.4M
Intangible Assets122.0M114.7M204.6M279.3M120.6M123.5M

Also Currently Popular

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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.