Ready Historical Income Statement

RCB Stock

USD 24.34 0.01 0.04%

Historical analysis of Ready Capital income statement accounts such as Gross Profit of 1.1 B, Other Operating Expenses of 102.6 M, Operating Income of 923.3 M or Ebit of 923.3 M can show how well Ready Capital performed in making a profits. Evaluating Ready Capital income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ready Capital's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Ready Capital latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ready Capital is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ready Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.

About Ready Income Statement Analysis

Ready Capital Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ready Capital shareholders. The income statement also shows Ready investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Ready Capital Income Statement Chart

At present, Ready Capital's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.2 B, whereas Depreciation And Amortization is forecasted to decline to about 19.2 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Ready Capital generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ready Capital minus its cost of goods sold. It is profit before Ready Capital operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ready Capital. It is also known as Ready Capital overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Ready Capital's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ready Capital current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ready Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.At present, Ready Capital's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.2 B, whereas Depreciation And Amortization is forecasted to decline to about 19.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	325.0M	404.9M	1.1B	1.1B
Total Revenue	383.4M	460.2M	1.1B	1.2B

Gross Profit Total Revenue

Ready Capital income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Extraordinary Items	Selling And Marketing Expenses
Depreciation And Amortization		0.17	0.34	0.08	0.08	-0.1	0.13	0.02	0.29	0.03	0.32	0.17	0.13	0.15	0.26	0.24	0.14	0.09	0.28	0.28	0.28
Interest Expense	0.17		0.59	0.99	0.99	0.21	0.97	0.97	0.97	0.48	-0.01	0.98	-0.9	0.99	0.36	0.91	-0.17	0.79	0.9	0.56	0.41
Selling General Administrative	0.34	0.59		0.54	0.5	0.64	0.49	0.44	0.51	0.78	-0.38	0.6	-0.24	0.57	0.66	0.75	0.01	0.47	0.7	0.71	0.84
Total Revenue	0.08	0.99	0.54		1.0	0.26	0.95	0.96	0.95	0.48	-0.03	0.97	-0.93	0.98	0.33	0.88	-0.15	0.8	0.89	0.52	0.37
Gross Profit	0.08	0.99	0.5	1.0		0.21	0.95	0.97	0.95	0.42	-0.02	0.97	-0.94	0.98	0.31	0.87	-0.19	0.8	0.88	0.51	0.34
Other Operating Expenses	-0.1	0.21	0.64	0.26	0.21		0.02	0.04	0.02	0.76	-0.43	0.22	-0.03	0.2	0.34	0.33	0.39	0.16	0.3	0.35	0.63
Operating Income	0.13	0.97	0.49	0.95	0.95	0.02		0.99	0.98	0.37	-0.01	0.96	-0.9	0.96	0.42	0.87	-0.27	0.85	0.88	0.45	0.27
Ebit	0.02	0.97	0.44	0.96	0.97	0.04	0.99		0.96	0.33	-0.04	0.95	-0.95	0.96	0.33	0.84	-0.31	0.83	0.85	0.45	0.25
Ebitda	0.29	0.97	0.51	0.95	0.95	0.02	0.98	0.96		0.33	0.05	0.96	-0.88	0.96	0.39	0.87	-0.26	0.82	0.89	0.51	0.31
Cost Of Revenue	0.03	0.48	0.78	0.48	0.42	0.76	0.37	0.33	0.33		-0.11	0.51	-0.21	0.48	0.5	0.62	0.48	0.36	0.56	0.4	0.63
Total Operating Expenses	0.32	-0.01	-0.38	-0.03	-0.02	-0.43	-0.01	-0.04	0.05	-0.11		-0.04	-0.03	-0.01	-0.45	-0.13	0.41	-0.26	-0.11	-0.2	-0.34
Income Before Tax	0.17	0.98	0.6	0.97	0.97	0.22	0.96	0.95	0.96	0.51	-0.04		-0.85	1.0	0.49	0.96	-0.13	0.86	0.96	0.52	0.45
Total Other Income Expense Net	0.13	-0.9	-0.24	-0.93	-0.94	-0.03	-0.9	-0.95	-0.88	-0.21	-0.03	-0.85		-0.88	-0.1	-0.69	0.31	-0.71	-0.7	-0.35	-0.06
Net Income	0.15	0.99	0.57	0.98	0.98	0.2	0.96	0.96	0.96	0.48	-0.01	1.0	-0.88		0.42	0.94	-0.15	0.83	0.94	0.53	0.43
Income Tax Expense	0.26	0.36	0.66	0.33	0.31	0.34	0.42	0.33	0.39	0.5	-0.45	0.49	-0.1	0.42		0.6	0.01	0.73	0.67	0.21	0.49
Net Income From Continuing Ops	0.24	0.91	0.75	0.88	0.87	0.33	0.87	0.84	0.87	0.62	-0.13	0.96	-0.69	0.94	0.6		-0.06	0.8	0.97	0.59	0.64
Minority Interest	0.14	-0.17	0.01	-0.15	-0.19	0.39	-0.27	-0.31	-0.26	0.48	0.41	-0.13	0.31	-0.15	0.01	-0.06		-0.21	-0.08	-0.37	-0.01
Tax Provision	0.09	0.79	0.47	0.8	0.8	0.16	0.85	0.83	0.82	0.36	-0.26	0.86	-0.71	0.83	0.73	0.8	-0.21		0.89	0.28	0.27
Interest Income	0.28	0.9	0.7	0.89	0.88	0.3	0.88	0.85	0.89	0.56	-0.11	0.96	-0.7	0.94	0.67	0.97	-0.08	0.89		0.55	0.58
Extraordinary Items	0.28	0.56	0.71	0.52	0.51	0.35	0.45	0.45	0.51	0.4	-0.2	0.52	-0.35	0.53	0.21	0.59	-0.37	0.28	0.55		0.8
Selling And Marketing Expenses	0.28	0.41	0.84	0.37	0.34	0.63	0.27	0.25	0.31	0.63	-0.34	0.45	-0.06	0.43	0.49	0.64	-0.01	0.27	0.58	0.8

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Ready Capital Account Relationship Matchups

Ready Capital income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	6.3M	175.5K	(23.6M)	230.7M	20.2M	19.2M
Interest Expense	151.9M	175.5M	213.6M	400.8M	716.5M	752.3M
Selling General Administrative	66.4M	115.6M	118.4M	131.2M	95.1M	67.6M
Total Revenue	146.1M	270.1M	383.4M	460.2M	1.1B	1.2B
Gross Profit	113.0M	215.8M	325.0M	404.9M	1.1B	1.1B
Other Operating Expenses	49.0M	216.9M	196.5M	18.1M	94.3M	102.6M
Operating Income	62.4M	53.3M	186.8M	624.8M	879.3M	923.3M
Ebit	62.4M	53.3M	186.8M	414.2M	879.3M	923.3M
Ebitda	62.4M	53.4M	163.3M	644.8M	899.6M	944.5M
Cost Of Revenue	33.2M	54.4M	58.4M	55.3M	59.6M	43.7M
Total Operating Expenses	49.0M	(216.9M)	(196.5M)	18.1M	34.7M	36.5M
Income Before Tax	64.5M	54.5M	189.1M	232.9M	358.4M	376.3M
Total Other Income Expense Net	2.1M	1.2M	2.2M	(16.0M)	(520.9M)	(494.9M)
Net Income	73.0M	44.9M	157.7M	194.3M	339.5M	356.4M
Income Tax Expense	(10.6M)	8.4M	29.1M	29.7M	7.2M	7.5M
Net Income From Continuing Ops	61.5M	75.1M	46.1M	160.0M	184.0M	193.2M
Net Income Applicable To Common Shares	59.0M	73.0M	43.5M	141.1M	162.3M	170.4M
Minority Interest	19.2M	2.1M	1.2M	2.2M	2.0M	1.9M
Tax Provision	1.9M	(10.6M)	8.4M	29.1M	33.4M	35.1M
Interest Income	43.3M	10.2M	16.2M	108.3M	124.5M	130.7M
Research Development	4.8M	6.7M	8.0M	9.0M	7.4M	4.4M

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When determining whether Ready Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ready Capital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ready Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ready Capital Stock:

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Is Ready Stock a good investment?

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For information on how to trade Ready Stock refer to our How to Trade Ready Stock guide.

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Is Commercial & Residential Mortgage Finance 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.

Dividend Share

1.6

Return On Equity

0.1426

The market value of Ready Capital 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.

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Ready Historical Income Statement

About Ready Income Statement Analysis

Ready Capital Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Ready Capital income statement Correlations

Ready Capital Account Relationship Matchups

High Positive Relationship

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Ready Capital income statement Accounts

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Gross Profit	+ 1.0	Total Revenue
Net Income	+ 1.0	Income Before Tax
Total Revenue	+ 0.99	Interest Expense
Gross Profit	+ 0.99	Interest Expense
Net Income	+ 0.99	Interest Expense
Ebit	+ 0.99	Operating Income

Total Other Income Expense Net	- 0.95	Ebit
Total Other Income Expense Net	- 0.94	Gross Profit
Total Other Income Expense Net	- 0.93	Total Revenue
Total Other Income Expense Net	- 0.9	Operating Income
Total Other Income Expense Net	- 0.9	Interest Expense
Net Income	- 0.88	Total Other Income Expense Net