Ready Capital Corp
Ready Capital Corporation operates as a real estate finance company in the United States. It operates through two segments: LMM Commercial Real Estate and Small Business Lending. The LMM Commercial Real Estate segment originates LLM loans across the full life-cycle of an LLM property, including construction, bridge, stabilized, and agency loan origination channels. The Small Business Lending segm… Read more
Ready Capital Corp (RC) - Total Assets
Latest total assets as of September 2025: $8.33 Billion USD
Based on the latest financial reports, Ready Capital Corp (RC) holds total assets worth $8.33 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Ready Capital Corp - Total Assets Trend (2011–2024)
This chart illustrates how Ready Capital Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Ready Capital Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Ready Capital Corp's total assets of $8.33 Billion consist of 1.4% current assets and 98.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $143.80 Million | 1.4% |
| Accounts Receivable | $247.62 Million | 2.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $7.36 Million | 0.1% |
| Intangible Assets | $165.45 Million | 1.6% |
| Goodwill | $49.50 Million | 0.5% |
Asset Composition Trend (2011–2024)
This chart illustrates how Ready Capital Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ready Capital Corp's current assets represent 1.4% of total assets in 2024, a decrease from 4.1% in 2011.
- Cash Position: Cash and equivalents constituted 1.4% of total assets in 2024, down from 4.1% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 2.4% of total assets.
Ready Capital Corp Competitors by Total Assets
Key competitors of Ready Capital Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Arbor Realty Trust
NYSE:ABR
|
USA | $13.89 Billion |
|
Acres Commercial Realty Corp
NYSE:ACR
|
USA | $1.69 Billion |
|
Ares Commercial Real Estate
NYSE:ACRE
|
USA | $1.62 Billion |
|
AFC Gamma Inc
NASDAQ:AFCG
|
USA | $275.59 Million |
|
AGNC Investment Corp
NASDAQ:AGNCL
|
USA | $115.08 Billion |
|
AGNC Investment Corp. 8.75% Series H Fixed-Rate Cumulative Redeemable Preferred Stock
NASDAQ:AGNCZ
|
USA | $115.08 Billion |
|
Great Ajax Corp
NYSE:AJX
|
USA | $858.15 Million |
|
Angel Oak Mortgage Inc
NYSE:AOMR
|
USA | $2.75 Billion |
Ready Capital Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Ready Capital Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Ready Capital Corp is currently not profitable relative to its asset base.
Ready Capital Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.20 | 0.15 | 0.07 |
| Quick Ratio | 0.20 | 0.15 | 0.13 |
| Cash Ratio | 0.20 | 0.15 | 0.00 |
| Working Capital | $-573.65 Million | $ -1.03 Billion | $ -528.83 Million |
Ready Capital Corp - Advanced Valuation Insights
This section examines the relationship between Ready Capital Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.16 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -18.5% |
| Total Assets | $10.14 Billion |
| Market Capitalization | $234.98 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ready Capital Corp's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Ready Capital Corp's assets decreased by 18.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Ready Capital Corp (2011–2024)
The table below shows the annual total assets of Ready Capital Corp from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $10.14 Billion | -18.48% |
| 2023-12-31 | $12.44 Billion | +7.06% |
| 2022-12-31 | $11.62 Billion | +21.89% |
| 2021-12-31 | $9.53 Billion | +77.47% |
| 2020-12-31 | $5.37 Billion | +7.94% |
| 2019-12-31 | $4.98 Billion | +63.89% |
| 2018-12-31 | $3.04 Billion | +20.34% |
| 2017-12-31 | $2.52 Billion | -3.14% |
| 2016-12-31 | $2.61 Billion | +236.10% |
| 2015-12-31 | $775.14 Million | -2.18% |
| 2014-12-31 | $792.40 Million | +27.79% |
| 2013-12-31 | $620.08 Million | +207.51% |
| 2012-12-31 | $201.65 Million | +30.85% |
| 2011-12-31 | $154.11 Million | -- |