Ready Total Current Liabilities vs Common Stock Total Equity Analysis

RCB Stock  USD 24.43  0.04  0.16%   
Ready Capital financial indicator trend analysis is much more than just breaking down Ready Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ready Capital is a good investment. Please check the relationship between Ready Capital Total Current Liabilities and its Common Stock Total Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ready Capital. 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.

Total Current Liabilities vs Common Stock Total Equity

Total Current Liabilities vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ready Capital Total Current Liabilities account and Common Stock Total Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ready Capital's Total Current Liabilities and Common Stock Total Equity is 0.74. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Ready Capital, assuming nothing else is changed. The correlation between historical values of Ready Capital's Total Current Liabilities and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Ready Capital are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Total Current Liabilities i.e., Ready Capital's Total Current Liabilities and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Ready Capital balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ready Capital are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.
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 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. 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 Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 9 B, whereas Selling General Administrative is forecasted to decline to about 67.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit325.0M404.9M1.1B1.1B
Total Revenue383.4M460.2M1.1B1.2B

Ready Capital fundamental ratios Correlations

0.690.980.980.710.490.790.66-0.71-0.440.530.980.981.00.170.970.130.60.940.890.980.980.990.470.980.98
0.690.560.770.120.830.870.06-0.22-0.440.480.770.580.720.040.54-0.520.090.470.850.760.680.740.040.680.77
0.980.560.920.830.360.660.8-0.83-0.420.450.911.00.960.161.00.240.740.970.780.950.950.960.460.950.95
0.980.770.920.570.540.840.5-0.58-0.460.551.00.930.990.180.90.070.450.880.940.970.950.970.450.950.97
0.710.120.830.57-0.020.240.95-0.96-0.20.10.550.820.680.080.850.450.920.850.360.660.70.680.50.70.66
0.490.830.360.54-0.020.770.030.02-0.460.50.560.380.520.260.34-0.77-0.040.190.630.610.460.580.050.460.62
0.790.870.660.840.240.770.2-0.28-0.360.640.850.670.820.130.64-0.320.140.580.930.810.810.810.240.810.81
0.660.060.80.50.950.030.2-0.89-0.230.180.490.790.620.150.820.380.910.790.280.630.630.640.360.630.63
-0.71-0.22-0.83-0.58-0.960.02-0.28-0.890.22-0.02-0.56-0.82-0.680.07-0.85-0.41-0.89-0.87-0.4-0.66-0.74-0.68-0.31-0.74-0.66
-0.44-0.44-0.42-0.46-0.2-0.46-0.36-0.230.22-0.37-0.46-0.43-0.45-0.29-0.410.160.0-0.3-0.46-0.55-0.4-0.52-0.03-0.4-0.54
0.530.480.450.550.10.50.640.18-0.02-0.370.60.460.550.180.43-0.180.110.350.580.560.460.550.220.460.56
0.980.770.911.00.550.560.850.49-0.56-0.460.60.920.990.190.90.050.440.860.950.970.940.970.450.940.96
0.980.581.00.930.820.380.670.79-0.82-0.430.460.920.970.171.00.210.730.970.790.960.940.960.440.940.96
1.00.720.960.990.680.520.820.62-0.68-0.450.550.990.970.170.950.10.560.920.910.980.980.990.460.980.98
0.170.040.160.180.080.260.130.150.07-0.290.180.190.170.170.14-0.02-0.020.060.160.210.090.180.260.090.21
0.970.541.00.90.850.340.640.82-0.85-0.410.430.91.00.950.140.250.760.980.760.940.940.950.460.940.94
0.13-0.520.240.070.45-0.77-0.320.38-0.410.16-0.180.050.210.1-0.020.250.340.39-0.1-0.030.130.010.320.13-0.04
0.60.090.740.450.92-0.040.140.91-0.890.00.110.440.730.56-0.020.760.340.750.230.550.570.570.350.570.55
0.940.470.970.880.850.190.580.79-0.87-0.30.350.860.970.920.060.980.390.750.720.870.940.890.440.940.87
0.890.850.780.940.360.630.930.28-0.4-0.460.580.950.790.910.160.76-0.10.230.720.890.870.890.380.870.89
0.980.760.950.970.660.610.810.63-0.66-0.550.560.970.960.980.210.94-0.030.550.870.890.941.00.420.941.0
0.980.680.950.950.70.460.810.63-0.74-0.40.460.940.940.980.090.940.130.570.940.870.940.960.391.00.94
0.990.740.960.970.680.580.810.64-0.68-0.520.550.970.960.990.180.950.010.570.890.891.00.960.440.961.0
0.470.040.460.450.50.050.240.36-0.31-0.030.220.450.440.460.260.460.320.350.440.380.420.390.440.390.41
0.980.680.950.950.70.460.810.63-0.74-0.40.460.940.940.980.090.940.130.570.940.870.941.00.960.390.94
0.980.770.950.970.660.620.810.63-0.66-0.540.560.960.960.980.210.94-0.040.550.870.891.00.941.00.410.94
Click cells to compare fundamentals

Ready Capital Account Relationship Matchups

Ready Capital fundamental ratios 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 Payable97.4M135.7M184.1M47.9M41.6M64.4M
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 Assets4.6B4.9B8.8B10.9B4.3B4.1B
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 Equity814.1M873.7M1.2B1.7B2.3B2.4B
Total Liab4.1B4.5B8.3B9.7B9.8B10.3B
Total Current Assets111.2M156.3M237.4M289.9M272.9M270.2M
Other Current Liab(477.6M)(678.6M)(656.0M)280.9M153.6M161.3M
Net Receivables43.3M17.3M7.9M8.2M131.3M137.9M
Common Stock Shares Outstanding42.0M53.8M68.7M117.2M148.6M156.0M
Short Long Term Debt Total3.9B4.7B8.4B9.2B7.2B4.0B
Net Tangible Assets541.9M825.4M815.4M1.2B1.3B1.4B
Noncontrolling Interest In Consolidated Entity19.2M19.4M18.8M4.5M4.0M3.8M
Long Term Debt948.2M1.3B4.1B7.9B9.1B9.6B
Retained Earnings Total Equity5.3M8.7M(24.2M)8.6M7.7M8.1M
Long Term Debt Total948.2M1.3B4.1B7.9B9.1B9.6B
Capital Surpluse540.5M822.8M849.5M1.2B1.3B1.4B
Other Current Assets(246.2M)(273.2M)(406.6M)(418.5M)(168.6M)(160.2M)
Long Term Investments150.8M120.2M141.2M190.5M171.4M216.3M
Non Current Liabilities Other1.4B742.7M831.5M1.7B2.0B2.1B
Short Term Debt380.2M543.0M471.9M128.9M149.9M287.5M
Short Term Investments95.3M32.2M53.3M118.6M2.4M2.3M
Intangible Assets122.0M114.7M204.6M279.3M120.6M135.8M
Inventory58.6M45.3M42.3M117.1M7.2M6.9M
Accumulated Other Comprehensive Income(6.2M)(9.9M)(5.7M)(9.4M)(17.9M)(17.0M)

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.
When determining whether Ready Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ready Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ready Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ready Capital Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ready Capital. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Commercial & Residential Mortgage Finance 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.
Dividend Share
1.6
Return On Equity
0.1426
The market value of Ready Capital 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.