Ready Capital Corporation
Ready Capital Corporation operates as a real estate finance company in the United States. The company originates, acquires, finances, and services small balance commercial (SBC) loans, small business administration (SBA) loans, and residential mortgage loans, as well as mortgage backed securities collateralized primarily by SBC loans, or other real estate-related investments. It operates through four segments: Loan Acquisitions; SBC Originations; SBA Originations, Acquisitions and Servicing; and Residential Mortgage Banking. The Loan Acquisitions segment acquires performing and non-performing SBC loans. The SBC Originations segment originates SBC loans secured by stabilized or transitional investor properties using various loan origination channels; and originates and services multi-family loan products. The SBA Originations, Acquisitions and Servicing segment acquires, originates, and services owner-occupied loans guaranteed by the SBA. The Residential Mortgage Banking segment originates residential mortgage loans through retail, correspondent, and broker channels. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was formerly known as Sutherland Asset Management Corporation and changed its name to Ready Capital Corporation in September 2018. Ready Capital Corporation was founded in 2007 and is headquartered in New York, New York. Show More...
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Website http://www.readycapital.com
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Sector Real Estate
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Industry REIT-Mortgage
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Last Quote 8.87 USD
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Last Updated 23-04-2024
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD 2.44 0.92 1.19 1.59 1.85 1.38 1.84 1.72 -0.16 Dividends USD 1.57 1.6 1.6 1.45 1.48 1.57 1.6 1.6 Payout Ratio % * 38.9 418.8 90.3 78.9 102.6 Shares Mil 8.0 8.0 25.0 25.0 27.0 31.0 32.0 42.0 47.0 Book Value Per Share * USD 19.92 22.11 20.58 5.42 16.74 17.12 14.08 13.82 Free Cash Flow Per Share * USD 0.6 0.52 -2.4 -3.51 8.26 7.45 -1.58 Return on Assets % 10.93 1.62 3.79 -0.16 2.91 1.69 2.13 1.8 -0.18 Financial Leverage (Average) 2.79 4.48 3.89 4.57 4.87 5.08 4.71 5.57 6.03 6.95 Return on Equity % 38.73 6.52 16.09 -0.76 14.63 8.25 10.96 10.56 -1.01 Return on Invested Capital % Interest Coverage Current Ratio Quick Ratio Debt/Equity 1.82 0.32 2.22 2.37 2.13 2.7 3.32 5.66