Ready Accounts Payable from 2010 to 2024

RC Stock  USD 7.37  0.05  0.67%   
Ready Capital's Accounts Payable is increasing over the years with slightly volatile fluctuation. Overall, Accounts Payable is expected to go to about 66.1 M this year. Accounts Payable is the amount Ready Capital Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents Ready Capital's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2012-09-30
Previous Quarter
48.9 M
Current Value
62.2 M
Quarterly Volatility
62.9 M
 
Yuan Drop
 
Covid
Check Ready Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ready Capital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.2 M, Interest Expense of 752.3 M or Selling General Administrative of 67.6 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.15 or PTB Ratio of 0.56. Ready financial statements analysis is a perfect complement when working with Ready Capital Valuation or Volatility modules.
  
Check out the analysis of Ready Capital Correlation against competitors.
For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.

Latest Ready Capital's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Ready Capital Corp over the last few years. An accounting item on the balance sheet that represents Ready Capital obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Ready Capital Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Ready Capital's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ready Capital's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Ready Accounts Payable Regression Statistics

Arithmetic Mean56,558,536
Geometric Mean21,612,833
Coefficient Of Variation105.43
Mean Deviation46,208,500
Median41,622,000
Standard Deviation59,632,297
Sample Variance3556T
Range183.1M
R-Value0.67
Mean Square Error2107.3T
R-Squared0.45
Significance0.01
Slope8,942,200
Total Sum of Squares49784.2T

Ready Accounts Payable History

202466.1 M
202341.6 M
2022176.5 M
2021184.1 M
202027 M
201997.4 M
201873.5 M

About Ready Capital Financial Statements

Ready Capital stakeholders use historical fundamental indicators, such as Ready Capital's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Ready Capital investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ready Capital's assets and liabilities are reflected in the revenues and expenses on Ready Capital's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ready Capital Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable41.6 M66.1 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Ready Capital Correlation against competitors.
For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Mortgage Real Estate Investment Trusts (REITs) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ready Capital. If investors know Ready will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ready Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.053
Dividend Share
1.15
Earnings Share
(0.72)
Revenue Per Share
0.76
Quarterly Revenue Growth
(0.81)
The market value of Ready Capital Corp is measured differently than its book value, which is the value of Ready that is recorded on the company's balance sheet. Investors also form their own opinion of Ready Capital's value that differs from its market value or its book value, called intrinsic value, which is Ready Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ready Capital's market value can be influenced by many factors that don't directly affect Ready Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ready Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ready Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ready Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.