Ready Capital Corp financial data

Symbol
RC, RCB, RCC, RC-PC, RC-PE on NYSE
Industry
Real Estate Investment Trusts
Location
1251 Avenue Of The Americas, 50 Th Floor, New York, New York
State of incorporation
Maryland
Fiscal year end
December 31
Former names
Sutherland Asset Management Corp (to 9/4/2018), ZAIS Financial Corp. (to 11/4/2016)
Latest financial report
Q1 2024 - May 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 386 % -28.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 169 M shares +52.5%
Common Stock, Shares, Outstanding 170 M shares +53.9%
Entity Public Float 1.2 B USD +31.2%
Common Stock, Value, Issued 17 K USD +54.5%
Weighted Average Number of Shares Outstanding, Basic 172 M shares +55.4%
Weighted Average Number of Shares Outstanding, Diluted 173 M shares +43%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 213 M USD +61.1%
Income Tax Expense (Benefit) -23.9 M USD -1525%
Earnings Per Share, Basic 1.51 USD/shares +13.5%
Earnings Per Share, Diluted 1.49 USD/shares +16.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 166 M USD +177%
Deferred Income Tax Assets, Net 21.1 M USD +2058%
Operating Lease, Right-of-Use Asset 4.3 M USD +81.8%
Intangible Assets, Net (Excluding Goodwill) 18.1 M USD +7.14%
Goodwill 38.5 M USD +1.88%
Assets 12 B USD +4.39%
Employee-related Liabilities, Current 14.9 M USD -24.8%
Deferred Income Tax Liabilities, Net 33 M USD +6.77%
Liabilities 9.54 B USD -1.18%
Accumulated Other Comprehensive Income (Loss), Net of Tax -12.3 M USD +0.15%
Retained Earnings (Accumulated Deficit) -3.55 M USD +45.7%
Stockholders' Equity Attributable to Parent 2.4 B USD +35%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.5 B USD +32.9%
Liabilities and Equity 12 B USD +4.39%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 23.5 M USD
Net Cash Provided by (Used in) Financing Activities -360 M USD -270%
Net Cash Provided by (Used in) Investing Activities 305 M USD +536%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 170 M shares +53.9%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 236 M USD +24.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 178 M USD +22.5%
Deferred Tax Assets, Valuation Allowance 21.1 M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 49.5 M USD +106%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 230 M USD +45.5%
Deferred Income Tax Expense (Benefit) 5.36 M USD -23.6%
Deferred Tax Assets, Operating Loss Carryforwards 22.2 M USD +65.2%
Deferred Federal Income Tax Expense (Benefit) 4.31 M USD -38.2%
Current Income Tax Expense (Benefit) 1.82 M USD -78.5%
Additional Paid in Capital 2.31 B USD +36.7%
Current State and Local Tax Expense (Benefit) 214 K USD -86.5%
Current Federal Tax Expense (Benefit) 1.61 M USD -76.7%
Amortization of Intangible Assets 1.4 M USD -22.2%
Deferred Tax Assets, Net of Valuation Allowance 24 M USD +25.8%
Deferred State and Local Income Tax Expense (Benefit) 1.04 M USD +3055%
Interest Expense 741 M USD +51.2%