Ready Income Tax Expense from 2010 to 2024

RC Stock  USD 7.37  0.05  0.67%   
Ready Capital's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is expected to go to about 7.5 M this year. During the period from 2010 to 2024 Ready Capital Income Tax Expense annual values regression line had geometric mean of  3,020,227 and mean square error of 91.5 T. View All Fundamentals
 
Income Tax Expense  
First Reported
2012-12-31
Previous Quarter
-48.6 M
Current Value
-8.4 M
Quarterly Volatility
9.6 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 Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Ready Capital Corp over the last few years. It is Ready Capital's Income Tax Expense 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.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Ready Income Tax Expense Regression Statistics

Arithmetic Mean5,980,074
Geometric Mean3,020,227
Coefficient Of Variation178.89
Mean Deviation7,415,448
Median1,839,000
Standard Deviation10,697,830
Sample Variance114.4T
Range40.3M
R-Value0.51
Mean Square Error91.5T
R-Squared0.26
Significance0.05
Slope1,213,578
Total Sum of Squares1602.2T

Ready Income Tax Expense History

20247.5 M
20237.2 M
202229.7 M
202129.1 M
20208.4 M
2019-10.6 M
20181.4 M

About Ready Capital Financial Statements

Ready Capital stakeholders use historical fundamental indicators, such as Ready Capital's Income Tax Expense, 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
Income Tax Expense7.2 M7.5 M

Also Currently Popular

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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.