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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	162.94	143.8	139.2	148.4	238.57	139
Long-Term Investments	262.6	257.37	245.19	235.4	141.15	79.51
Trading Asset Securities	15.49	17.24	9.07	12.53	53.32	32.2
Loans & Lease Receivables	7,263	8,315	10,652	10,080	7,985	4,360
Other Receivables	303.41	240.58	228.27	58.03	59.04	31.23
Property, Plant & Equipment	3.7	7.36	2.54	1.69	2.4	3.17
Goodwill	49.5	49.5	38.53	37.82	31.47	11.21
Other Intangible Assets	161.84	165.45	120.59	102.57	219.44	121.65
Restricted Cash	59.55	38.97	123.3	125.21	84.76	61.49
Other Current Assets	222.37	215.17	273.72	583.3	95.48	121.98
Long-Term Deferred Tax Assets	111.33	111.33	-	0.98	3.6	18.4
Long-Term Deferred Charges	33.88	35.86	41.82	41.85	29.76	16.55
Other Long-Term Assets	26.56	302.42	485.13	69.28	36.61	35.77
Total Assets	9,309	10,142	12,441	11,621	9,534	5,372
Accounts Payable	20.79	33.78	22.47	16.29	42.3	26.2
Accrued Expenses	101.29	97.75	88.7	87.36	94.27	70.43
Short-Term Debt	1.99	0.35	0.21	1.32	94.52	261.74
Current Portion of Long-Term Debt	248.81	620.48	51.28	127.56	46.16	7.32
Long-Term Debt	6,926	7,150	9,179	9,094	7,889	4,121
Long-Term Leases	8.78	17.81	8.21	1.78	3	3.67
Other Current Liabilities	22.92	271.9	387.45	323.12	46.81	20.24
Other Long-Term Liabilities	44.62	6.22	23.97	40.31	17.07	-
Total Liabilities	7,375	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	2,268	2,250	2,322	1,684	1,162	849.54
Retained Earnings	-528.52	-505.09	124.41	4.99	8.6	-24.2
Comprehensive Income & Other	-23.29	-18.55	-17.86	-9.37	-5.73	-9.95
Total Common Equity	1,716	1,727	2,429	1,680	1,165	815.4
Minority Interest	98.54	97.7	98.46	99.15	4.49	18.81
Shareholders' Equity	1,934	1,944	2,647	1,899	1,289	834.21
Total Liabilities & Equity	9,309	10,142	12,441	11,621	9,534	5,372
Total Debt	7,185	7,788	9,239	9,224	8,032	4,393
Net Cash (Debt)	-7,007	-7,627	-9,091	-9,063	-7,740	-4,222
Net Cash Per Share	-41.91	-45.10	-61.19	-77.34	-112.73	-78.45
Filing Date Shares Outstanding	164.33	163.15	172.55	110.73	83.33	54.43
Total Common Shares Outstanding	164.33	162.79	172.28	110.52	75.84	54.37
Working Capital	8,264	8,188	10,924	10,545	8,733	4,672
Book Value Per Share	10.44	10.61	14.10	15.20	15.36	15.00
Tangible Book Value	1,629	1,640	2,372	1,626	1,118	797.2
Tangible Book Value Per Share	9.91	10.08	13.77	14.72	14.75	14.66

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

SEC Filings: 10-K · 10-Q