Ready Capital Corporation (RC)

Ready Capital Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	181.32	139.2	148.4	238.57	139	67.95
Long-Term Investments	257.82	251.86	235.4	141.15	79.51	58.85
Trading Asset Securities	19.97	2.4	12.53	53.32	32.2	95.28
Loans & Lease Receivables	9,096	10,687	10,080	7,985	4,360	4,170
Other Receivables	332.58	110.51	58.03	59.04	31.23	69.43
Property, Plant & Equipment	5.85	2.54	1.69	2.4	3.17	4.53
Goodwill	48.39	38.53	37.82	31.47	11.21	11.21
Other Intangible Assets	165.2	120.59	102.57	219.44	121.65	130.28
Restricted Cash	54.26	123.3	125.21	84.76	61.49	60.03
Other Current Assets	188.54	273.72	144.11	95.48	121.98	58.57
Long-Term Deferred Tax Assets	53.27	-	0.98	3.6	18.4	31.8
Long-Term Deferred Charges	38.82	41.82	41.85	29.76	16.55	15.09
Other Long-Term Assets	490.58	568.3	508.47	36.61	35.77	11.26
Total Assets	11,253	12,441	11,621	9,534	5,372	4,977
Accounts Payable	39.16	35.16	16.29	42.3	26.2	11.75
Accrued Expenses	97.56	88.7	87.36	94.27	70.43	48.14
Short-Term Debt	2.09	0.21	1.32	94.52	261.74	83.2
Current Portion of Long-Term Debt	597.46	235.81	127.56	46.16	7.32	53.1
Long-Term Debt	7,634	8,995	9,094	7,889	4,121	3,891
Long-Term Leases	17.16	8.21	1.78	3	3.67	4.62
Other Current Liabilities	437.3	387.59	323.12	46.81	20.24	21.3
Other Long-Term Liabilities	57.1	11.27	40.31	17.07	-	-
Total Liabilities	8,915	9,794	9,722	8,245	4,538	4,132
Common Stock	0.02	0.02	0.01	0.01	0.01	0.01
Additional Paid-In Capital	2,292	2,322	1,684	1,162	849.54	822.84
Retained Earnings	-146	124.41	4.99	8.6	-24.2	8.75
Comprehensive Income & Other	-24.23	-17.86	-9.37	-5.73	-9.95	-6.18
Total Common Equity	2,122	2,429	1,680	1,165	815.4	825.41
Minority Interest	96.66	98.46	99.15	4.49	18.81	19.37
Shareholders' Equity	2,338	2,647	1,899	1,289	834.21	844.78
Total Liabilities & Equity	11,253	12,441	11,621	9,534	5,372	4,977
Total Debt	8,251	9,239	9,224	8,032	4,393	4,032
Net Cash (Debt)	-8,049	-9,097	-9,063	-7,740	-4,222	-3,869
Net Cash Per Share	-47.25	-61.23	-77.34	-112.73	-78.45	-92.02
Filing Date Shares Outstanding	168.53	172.55	110.73	83.33	54.43	52.03
Total Common Shares Outstanding	168.53	172.28	110.52	75.84	54.37	51.13
Working Capital	8,987	10,637	10,106	8,733	4,672	4,478
Book Value Per Share	12.59	14.10	15.20	15.36	15.00	16.14
Tangible Book Value	2,036	2,372	1,626	1,118	797.2	805.9
Tangible Book Value Per Share	12.08	13.77	14.72	14.75	14.66	15.76

Source: S&P Capital IQ. Financial Services template. Financial Sources.