Ready Tax Provision from 2010 to 2024

RC Stock  USD 8.70  0.16  1.81%   
Ready Capital's Tax Provision is increasing over the years with stable fluctuation. Overall, Tax Provision is expected to go to about 10.2 M this year. Tax Provision is the amount set aside by Ready Capital Corp to cover any estimated taxes for the current period. It reflects Ready Capital's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2018-12-31
Previous Quarter
-2.4 M
Current Value
-30.2 M
Quarterly Volatility
9.2 M
 
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 main balance sheet or income statement drivers, such as Interest Expense of 752.3 M, Selling General Administrative of 67.3 M or Total Revenue of 1.2 B, as well as many exotic indicators such as Price To Sales Ratio of 1.26, 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.
  
This module can also supplement Ready Capital's financial leverage analysis and stock options assessment as well as various Ready Capital Technical models . 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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Ready Capital Corp over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Ready Capital's Tax Provision 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.
Tax Provision10 Years Trend
Pretty Stable
   Tax Provision   
       Timeline  

Ready Tax Provision Regression Statistics

Arithmetic Mean8,864,061
Coefficient Of Variation110.46
Mean Deviation5,765,157
Median7,810,000
Standard Deviation9,791,673
Sample Variance95.9T
Range40.3M
R-Value0.26
Mean Square Error96.3T
R-Squared0.07
Significance0.35
Slope569,998
Total Sum of Squares1342.3T

Ready Tax Provision History

202410.2 M
20236.3 M
202229.7 M
202129.1 M
20208.4 M
2019-10.6 M
20181.4 M

About Ready Capital Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ready Capital income statement, its balance sheet, and the statement of cash flows. Ready Capital investors use historical funamental indicators, such as Ready Capital's Tax Provision, to determine how well the company is positioned to perform in the future. Although Ready Capital investors may use each financial statement separately, they are all related. The changes in Ready Capital's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ready Capital's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ready Capital Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ready Capital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision6.3 M10.2 M

Currently Active Assets on Macroaxis

When determining whether Ready Capital Corp 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 Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ready Capital Corp Stock:
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.
Note that the Ready Capital Corp information on this page should be used as a complementary analysis to other Ready Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Ready Capital's price analysis, check to measure Ready Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ready Capital is operating at the current time. Most of Ready Capital's value examination focuses on studying past and present price action to predict the probability of Ready Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ready Capital's price. Additionally, you may evaluate how the addition of Ready Capital to your portfolios can decrease your overall portfolio volatility.
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Is Ready Capital's industry 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
1.36
Earnings Share
1.49
Revenue Per Share
1.917
Quarterly Revenue Growth
0.364
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.