Ready Capital Corporation (RC)

Ready Capital Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	147.51	143.8	139.2	148.4	238.57	139
Long-Term Investments	211.95	257.37	245.19	235.4	141.15	79.51
Trading Asset Securities	5.3	17.24	9.07	12.53	53.32	32.2
Loans & Lease Receivables	4,361	8,315	10,652	10,080	7,985	4,360
Other Receivables	-	240.58	228.27	58.03	59.04	31.23
Property, Plant & Equipment	-	7.36	2.54	1.69	2.4	3.17
Goodwill	-	49.5	38.53	37.82	31.47	11.21
Other Intangible Assets	126.97	165.45	120.59	102.57	219.44	121.65
Restricted Cash	44.49	38.97	123.3	125.21	84.76	61.49
Other Current Assets	632.99	215.17	273.72	583.3	95.48	121.98
Long-Term Deferred Tax Assets	-	111.33	-	0.98	3.6	18.4
Long-Term Deferred Charges	-	35.86	41.82	41.85	29.76	16.55
Other Long-Term Assets	2,639	302.42	485.13	69.28	36.61	35.77
Total Assets	8,332	10,142	12,441	11,621	9,534	5,372
Accounts Payable	166.41	33.78	22.47	16.29	42.3	26.2
Accrued Expenses	-	97.75	88.7	87.36	94.27	70.43
Short-Term Debt	1.63	0.35	0.21	1.32	94.52	261.74
Current Portion of Long-Term Debt	-	620.48	51.28	127.56	46.16	7.32
Long-Term Debt	6,230	7,150	9,179	9,094	7,889	4,121
Long-Term Leases	-	17.81	8.21	1.78	3	3.67
Other Current Liabilities	22.6	271.9	387.45	323.12	46.81	20.24
Other Long-Term Liabilities	28.31	6.22	23.97	40.31	17.07	-
Total Liabilities	6,449	8,198	9,794	9,722	8,245	4,538
Common Stock	0.02	0.02	0.02	0.01	0.01	0.01
Additional Paid-In Capital	2,257	2,250	2,322	1,684	1,162	849.54
Retained Earnings	-569.71	-505.09	124.41	4.99	8.6	-24.2
Comprehensive Income & Other	-24.1	-18.55	-17.86	-9.37	-5.73	-9.95
Total Common Equity	1,663	1,727	2,429	1,680	1,165	815.4
Minority Interest	100.53	97.7	98.46	99.15	4.49	18.81
Shareholders' Equity	1,884	1,944	2,647	1,899	1,289	834.21
Total Liabilities & Equity	8,332	10,142	12,441	11,621	9,534	5,372
Total Debt	6,231	7,788	9,239	9,224	8,032	4,393
Net Cash (Debt)	-6,078	-7,627	-9,091	-9,063	-7,740	-4,222
Net Cash Per Share	-36.62	-45.10	-61.19	-77.34	-112.73	-78.45
Filing Date Shares Outstanding	161.83	163.15	172.55	110.73	83.33	54.43
Total Common Shares Outstanding	161.83	162.79	172.28	110.52	75.84	54.37
Working Capital	5,164	8,188	10,924	10,545	8,733	4,672
Book Value Per Share	10.28	10.61	14.10	15.20	15.36	15.00
Tangible Book Value	1,663	1,640	2,372	1,626	1,118	797.2
Tangible Book Value Per Share	10.28	10.08	13.77	14.72	14.75	14.66

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q