RankingsPricing
  1. US-listed companies
  2. Ready Capital Corp
  3. Raw

Ready Capital CorpRC

Market cap
$424.56M
P/E ratio
SummaryFinancials
Back to summarized table
Dec 31,
2013		Dec 31,
2014		Dec 31,
2015		Dec 31,
2016		Dec 31,
2017		Dec 31,
2018		Dec 31,
2019		Dec 31,
2020		Dec 31,
2021		Dec 31,
2022		Dec 31,
2023		Dec 31,
2024
Net income (loss)830-1,419,2775346617546160203348-430
Net income (loss) from discontinued operations, net of tax-----------3-18
Net income (loss) from continuing operations---564661----351-412
Amortization of Debt Issuance Costs and Discounts------1434-2436753
Stock-based compensation--------7888
Provision for loan losses---8224358347293
Impairment of Real Estate------1424957
Repair and denial reserve (recovery)------0-0410-9-40
Paid-in-kind accrued interest-----------78
Provision for loan losses on purchased future receivables------5121392
Loans, held for sale, net-----2,5872,6295,1535,47528118326
Loan Held for Sale, Valuation Allowance-----------125
Net income (loss) of unconsolidated joint ventures, net of distributions------162-19-38
Realized (gains) losses, net------1022631836166-54
Unrealized (gains) losses, net-------19-5243709-15
Bargain purchase gain-----------14
Derivative instruments--------63-57-12-5
Assets of consolidated VIEs (excluding loans, net), accrued interest and due from servicers-----1221-12-6322861
Receivable from third parties-----02-80-10-1421-2
Other assets1-559,791-1,614,5641314-126-17759259
Accounts payable and other accrued liabilities---1090254330-5856-22
Net cash provided by operating activities from continuing operations8-4,689,880-23,081,12816352140----101286
Cash Provided by (Used in) Operating Activities, Discontinued Operations----2-------50-12
Net cash provided by operating activities-------5269-3435951275
Origination of loans-----9351,3077753,8263,3031,005826
Purchase of loans---99147369739243142678--
Proceeds from disposition and principal payment of loans-----7468279619771,4751,7802,274
Funding of investments held to maturity---------60-
Proceeds from Sale and Maturity of Held-to-Maturity Securities---------27--
Proceeds from sale and principal payment of mortgage-backed securities---297103014122,016628-
Funding of real estate, held for sale---------11121
Proceeds from Sale, Property, Held-for-Sale----5219174287867
Investment in unconsolidated joint ventures----54-2724601222533
Proceeds from Equity Method Investment, Distribution, Return of Capital-----211651829814
Payment of liabilities under participation agreements---211---19915
Net cash provided by (used for) business acquisitions-50----16-12-124-3944
Net cash provided by (used for) investing activities from continuing operations-386,813,283-31,482,24646385-242-----1,0211,435
Cash Provided by (Used in) Investing Activities, Discontinued Operations-----------2100
Net cash provided by (used for) investing activities------581-1,213-59-1,718-1,5561,0191,535
Proceeds from Lines of Credit---1644,5563,6045,3996,87112,20110,3174,1272,102
Repayment of secured borrowings---1554,8523,4075,0876,69212,75910,0544,6922,167
Repayment of the Paycheck Protection Program Liquidity Facility borrowings--------1,43474016517
Proceeds from issuance of securitized debt obligations of consolidated VIEs-----6081,3964951,9932,3871,121-
Repayment of securitized debt obligations of consolidated VIEs-----2984774416736769771,521
Proceeds from corporate debt-----50--304220-126
Proceeds from senior secured note--------350--92
Repayment of convertible note----------115-
Repayment of guaranteed loan financing-----753510270109154153
Payment of deferred financing costs---11719281347443212
Payment of contingent consideration-----91--99-
Proceeds from Issuance of Common Stock119----091131651230-
Common stock repurchased---0---11-371882
Settlement of share-based awards in satisfaction of withholding tax requirements--------1641
Dividend payments---4748516357112188215206
Distributions, net------0-0-0-14-0-0
Net cash provided by (used for) financing activities from continuing operations41713-35,852,525-381-------1,133-1,839
Cash Provided by (Used in) Financing Activities, Discontinued Operations----------48-41
Net cash provided by (used for) financing activities-----1064441,298631,8761,171-1,085-1,880
Net decrease in cash, cash equivalents, and restricted cash including cash classified within assets held for sale------------70
Less: Net increase (decrease) in cash and cash equivalents within assets held for sale-----------10
Net decrease in cash, cash equivalents, and restricted cash------------80
Cash paid for interest----6296126156186355661659
Income Taxes Paid, Net-------3-813292-12
Loans transferred from loans, held for sale to loans, net----0111-46913
Loans transferred from loans, net to loans, held for sale-----1--134729
Consolidation of assets in securitization trusts------463---689-
Real Estate Owned, Transfer to Real Estate Owned-------11925787
Investments held to maturity transferred to real estate owned---------30--
Common Stock Issued During Period, Acquisitions, Value--------240458637-
Retirement of OP units---------2--
Consolidation of borrowings in securitization trusts------463---689-
Stock Issued, Conversion of OP units----------34