Ready Accounts Payable vs Current Deferred Revenue Analysis
RC Stock | USD 7.25 0.05 0.69% |
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 Accounts Payable and its Current Deferred Revenue 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.
Accounts Payable vs Current Deferred Revenue
Accounts Payable vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ready Capital Corp Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ready Capital's Accounts Payable and Current Deferred Revenue is -0.04. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue 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 Accounts Payable and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Ready Capital Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., Ready Capital's Accounts Payable and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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.