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Ready Capital

Filings

10-Q	2020-06-30	Filed 2020-08-10
10-Q	2020-03-31	Filed 2020-05-11
10-K	2019-12-31	Filed 2020-03-12
10-Q	2019-09-30	Filed 2019-11-07
10-Q	2019-06-30	Filed 2019-08-08
10-Q	2019-03-31	Filed 2019-05-09
10-K	2018-12-31	Filed 2019-03-13
10-Q	2018-09-30	Filed 2018-11-08
10-Q	2018-06-30	Filed 2018-08-08
10-Q	2018-03-31	Filed 2018-05-10
10-K	2017-12-31	Filed 2018-03-16
10-Q	2017-09-30	Filed 2017-11-09
10-Q	2017-06-30	Filed 2017-08-03
10-Q	2017-03-31	Filed 2017-05-10
10-K	2016-12-31	Filed 2017-03-15
10-Q	2016-09-30	Filed 2016-10-25
10-Q	2016-06-30	Filed 2016-08-09
10-Q	2016-03-31	Filed 2016-05-10
10-K	2015-12-31	Filed 2016-03-10
10-Q	2015-09-30	Filed 2015-11-05
10-Q	2015-06-30	Filed 2015-08-06
10-Q	2015-03-31	Filed 2015-05-11
10-K	2014-12-31	Filed 2015-03-16
10-Q	2014-09-30	Filed 2014-11-13
10-Q	2014-06-30	Filed 2014-08-12
10-Q	2014-03-31	Filed 2014-05-14
10-K	2013-12-31	Filed 2014-03-13
10-Q	2013-09-30	Filed 2013-11-12
10-Q	2013-06-30	Filed 2013-08-13
10-Q	2013-03-31	Filed 2013-05-15

Reports

8-K	2020-08-06	Earnings, Exhibits
8-K	2020-07-15	Shareholder Vote
8-K	2020-06-24
8-K	2020-05-11
8-K	2020-03-11
8-K	2020-01-07
8-K	2019-12-04
8-K	2019-11-25
8-K	2019-11-06
8-K	2019-10-25
8-K	2019-09-03
8-K	2019-08-07
8-K	2019-07-18
8-K	2019-07-10
8-K	2019-05-08
8-K	2019-04-03
8-K	2019-03-29
8-K	2019-03-21
8-K	2019-03-12
8-K	2019-03-11
8-K	2019-02-22
8-K	2019-02-15
8-K	2019-02-11
8-K	2019-02-08
8-K	2019-01-04
8-K	2018-11-09
8-K	2018-11-07
8-K	2018-11-07
8-K	2018-09-25
8-K	2018-08-31
8-K	2018-08-07
8-K	2018-06-13
8-K	2018-05-08
8-K	2018-04-25
8-K	2018-03-14
8-K	2018-01-30

Ready Capital Financials

RC Metrics, Comps, Filings

Quarterly | Annual

Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin


Comps ($MM TTM)	Market Cap	Gross Margin	EV/EBITDA	Ret on Assets	Assets	Liabilities	Revenue	G Profit	Net Income	EBITDA	EV
Investors Real Estate Trust (IRET)	965	0%	12.5	2%	1,404	774	186	0	29	135	1,689
Infrareit (HIFR)	933		11.0	4%	2,032	1,103	0	0	86	161	1,767
Franklin Street Properties (FSP)	919	55%	9.0	0%	1,843	1,053	267	147	3	99	899
Community Healthcare Trust (CHCT)	871	0%	36.8	1%	533	232	56	0	6	29	1,084
Chatham Lodging Trust (CLDT)	863	37%	17.5	1%	1,454	661	331	122	21	81	1,422
Northstar Realty Europe (NRE)	776	47%	4.0	14%	1,272	598	66	31	182	235	946
Capstead Mortgage (CMO)	723		5.0	-1%	11,535	10,463	0	0	-68	132	655
Ready Capital (RC)	708		5.4	2%	4,123	3,384	0	0	84	186	997
City Office REIT (CIO)	678	0%	21.8	-1%	1,190	722	151	0	-7	60	1,302
Preferred Apartment Communities (APTS)	651	0%	14.2	0%	5,268	3,405	340	0	22	215	3,066
Corenergy Infrastructure Trust (CORR)	632	93%	15.6	2%	656	180	87	81	15	43	672
Corepoint Lodging (CPLG)	606	0%	-32.9	-11%	2,323	1,139	841	0	-244	-46	1,515
New Senior Investment Group (SNR)	593	0%	39.7	-4%	2,204	1,912	468	0	-79	60	2,368
Hersha Hospitality Trust (HT)	577	0%	10.7	0%	2,139	1,250	397	0	1	115	1,231
Whitestone REIT (WSR)	573	21%	21.0	2%	1,012	679	119	26	17	57	1,190
UMH Properties (UMH)	566	69%	8.4	2%	1,010	474	143	99	24	65	548
One Liberty Properties (OLP)	536	0%	11.6	2%	785	493	83	0	14	45	524
Western Asset Mortgage Capital (WMC)	533		2.3	1%	5,254	4,690	0	0	41	196	446
Ares Commercial Real Estate (ACRE)	455	0%	28.7	2%	1,675	1,249	70	0	37	43	1,235
Pennsylvania REIT (PEI)	447	39%	6.1	-3%	2,334	1,872	248	98	-74	71	429


Balance Sheet ($MM)	2013-03-31	2013-06-30	2013-09-30	2013-12-31	2014-03-31	2014-06-30	2014-09-30	2014-12-31	2015-03-31	2015-06-30	2015-09-30	2015-12-31	2016-03-31	2016-06-30	2016-09-30	2016-12-31	2017-03-31	2017-06-30	2017-09-30	2017-12-31	2018-03-31	2018-06-30	2018-09-30	2018-12-31	2019-03-31	2019-06-30	2019-09-30
Cash	13	21	21	57	30	28	26	34	38	29	29	21	67	189	185	60	40	64	71	63	101	121	67	95	121	102	105
Accounts Receivable																	111	107	7	7	11	1	2	9	1	3	1
Inventory
PP&E																											1
Assets	492	608	560	620	698	713	722	792	813	783	779	775	803	565	589	2,605	2,528	2,447	2,503	2,524	2,641	2,813	2,901	3,037	3,279	3,840	4,123
Accounts Payable
Long-Term Debt																			247	247	288	336	337	337	338	338	394
Liabilities	300	430	382	442	522	514	525	599	623	589	596	597	632	399	422	2,053	1,978	1,894	1,948	1,968	2,079	2,248	2,332	2,473	2,518	3,093	3,384
Stockholders' Equity	171	159	159	159	158	178	176	173	170	173	164	159	153	149	166	513	511	533	536	536	542	545	550	545	741	728	720


Income Statement ($MM)	2013-03-31	2013-06-30	2013-09-30	2013-12-31	2014-03-31	2014-06-30	2014-09-30	2014-12-31	2015-03-31	2015-06-30	2015-09-30	2015-12-31	2016-03-31	2016-06-30	2016-09-30	2016-12-31	2017-03-31	2017-06-30	2017-09-30	2017-12-31	2018-03-31	2018-06-30	2018-09-30	2018-12-31	2019-03-31	2019-06-30	2019-09-30
Revenue									0	0
Cost of Revenue
Gross Profit
R&D
SG&A	0	1	1	1	1	1	1										0	0	0
Tax	0	0	0	0	0	0	0	-1	0	3	-0	2	-2	0	2	9	1	1	-0	0	3	1	1		-3	-3	-3
Net Income	2	-8	4	9	2	26	1	0	1	8	-7	-2	-3	-1	4	26	10	11	12	13	23	21	18	9	30	31	12


Cash Flow ($MM)	2013-03-31	2013-06-30	2013-09-30	2013-12-31	2014-03-31	2014-06-30	2014-09-30	2014-12-31	2015-03-31	2015-06-30	2015-09-30	2015-12-31	2016-03-31	2016-06-30	2016-09-30	2016-12-31	2017-03-31	2017-06-30	2017-09-30	2017-12-31	2018-03-31	2018-06-30	2018-09-30	2018-12-31	2019-03-31	2019-06-30	2019-09-30
Cash Operating	0	3	2		2	-3	4	-7	-30	19	-4	-8	1	-1	-23	40	24	204	20	104	48	10	77		1	-59	-7
Cash Investing	-299	-94	26		-102	11	-11	71	14	13	13	6	20	361	9	-6	15		-56		-146	-132	-189		-170	-504	-246
Cash Financing	293	99	-27		73	-10	5	-56	20	-41	-8	-7	25	-238	11	-179	-59		42	-10	124	142	58		195	544	256