Ready Capital Corp (RC) Financials

$1.74

$-0.02 (-1.14%)

As on 04-Sep-2026 13:44EDT

Market cap

$290 Mln

Revenue (TTM)

$409 Mln

P/E Ratio

--

P/B Ratio

0.3

Div. Yield

8.8 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	409.10	499.47	27.35	389.94	383.33	383.37
Cost of Revenue	482.02	61.61	108.27	59.59	104.99	58.40
Gross Profit	-72.92	437.87	27.35	389.94	383.33	324.97
Operating Expenses	369.50	316.91	27.35	389.94	383.33	-196.55
Operating Profit (EBIT)	-442.42	120.96	-412.00	223.22	242.12	186.83
Other Income	--	--	--	--	--	--
Profit before Tax	-620.79	-302.56	-516.51	358.42	175.03	189.06
Provision for Tax	-71.51	-86.70	-104.51	7.17	15.48	29.08
Profit after Tax (Net Income)	-556.19	-228.92	-435.76	339.45	194.26	157.74
Minority Interest	-5.22	-7.85	-5.36	-10.07	-8.90	-2.23
Consolidated Profit	-261.15	-245.58	-452.88	322.17	176.71	150.24

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	1,247.57	1,552.39	1,838.05	2,548.30	1,898.60	1,280.60
Minority Interest	-5.22	--	--	--	--	4.49
Non-Current Liabilities	4,463.59	5,918.04	6,022.39	7,105.45	9,264.63	6,986.49
Current Liabilities	450.09	200.13	2,183.79	345.13	457.75	655.96
Total Liabilities	6,714.01	7,769.80	10,141.92	12,441.22	11,620.98	9,534.03

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	--	--	929.29	933.79	433.31	447.65
Current Assets	124.15	207.84	143.80	272.89	289.93	237.40
Total Assets	6,388.07	7,769.80	10,141.92	12,441.22	11,620.98	9,534.03
Total Debt*	4,660.05	5,863.02	6,035.17	7,244.10	9,793.71	8,387.61
Net Current Assets	--	--	--	--	--	--

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	-203.48	-51.22	33.07	359.15	-34.44
Cash Flow from Investing Activities	--	2,278.14	1,861.05	1,037.51	-1,556.43	-1,718.41
Cash from Financing Activities	--	-2,037.69	-1,879.78	-1,085.09	1,170.98	1,875.69
Net Cash Inflow / Outflow	--	--	--	--	--	122.85

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	-3.33	-1.39	-2.58	1.97	1.60	2.08
Cash EPS ($)	-3.43	-1.37	-2.58	1.97	1.60	2.08
Adjusted Book Value ($)	6.83	9.44	10.89	14.81	15.68	16.89
Dividend per Share ($)	8.81	--	--	--	--	--
Cash Flow per Share ($)	--	-1.24	-0.30	0.19	2.97	-0.45
Free Cash Flow per Share ($)	--	-1.24	-0.30	0.19	2.97	-49.31

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	-2.99	-4.93	3.16	1.82	2.16
ROE (%)	-40.22	-13.50	-19.87	15.27	12.22	15.05
ROA (%)	-6.90	-2.56	-3.86	2.82	1.84	2.12
EBIT Margin (%)	-80.73	42.36	657.83	275.66	150.21	48.73
Net Margin (%)	-135.95	-45.83	-1,593.02	87.05	50.68	41.15
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	1,107.89	17.26	-0.93	0.02	0.00	0.42
EBIT Growth (%)	-252.59	17.57	-83.26	86.68	208.20	250.82
Net Profit Growth (%)	-81.61	47.47	-228.37	74.74	23.15	251.56
EPS Growth (%)	-87.37	0.46	-2.31	0.23	-0.23	1.52
Book Value Growth (%)	-31.92	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	--	-1.57	-2.64	5.20	6.94	7.51
Price / Book Value	0.26	0.23	0.63	0.69	0.71	0.93
Dividend Yield (%)	8.81	--	--	--	--	--
EV/EBITDA	15.96	27.87	35.26	8.10	18.07	56.90
Close Price ($)	1.75	2.18	6.82	10.25	11.14	15.63
High Price ($)	4.75	7.14	10.36	13.49	16.44	16.78
Low Price ($)	1.50	2.09	6.65	9.19	9.69	11.28
Market Cap ($ Cr)	289.64	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	--	3.78	3.28	2.84	5.16	6.55
Short term debt to equity ratio	0.36	0.13	0.17	0.06	0.24	0.37
Current Ratio	0.28	1.04	0.07	0.79	0.63	0.36
Quick Ratio	0.28	--	--	1.17	0.38	0.30
Interest Coverage	-0.49	0.41	0.26	1.50	1.44	0.87

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	1,061.86	19.25	905.24	33.67	2.15	2.05
Asset Turnover	0.05	0.06	0.00	0.03	0.04	0.05
Receivable days	--	125.70	2,529.70	65.35	7.68	23.35
Inventory Days	--	--	-438.32	-39.31	277.24	274.05
Payable days	--	335.05	160.17	668.53	627.23	660.10
Cash Conversion Cycle	--	--	1,931.22	-642.49	-342.31	-362.71

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.