Ready Gross Profit vs Non Operating Income Net Other Analysis

RC Stock  USD 8.70  0.16  1.81%   
Ready Capital financial indicator trend analysis is much more than just breaking down Ready Capital Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ready Capital Corp is a good investment. Please check the relationship between Ready Capital Gross Profit and its Non Operating Income Net Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ready Capital Corp. Also, note that the market value of any company could be tightly coupled 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.

Gross Profit vs Non Operating Income Net Other

Gross Profit vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ready Capital Corp Gross Profit account and Non Operating Income Net Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ready Capital's Gross Profit and Non Operating Income Net Other is -0.16. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Ready Capital Corp, assuming nothing else is changed. The correlation between historical values of Ready Capital's Gross Profit and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Ready Capital Corp are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Gross Profit i.e., Ready Capital's Gross Profit and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ready Capital Corp 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.

Non Operating Income Net Other

Most indicators from Ready Capital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ready Capital Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Corp. Also, note that the market value of any company could be tightly coupled 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 Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit325.0M404.9M1.1B1.1B
Total Revenue383.4M460.2M1.1B1.2B

Ready Capital fundamental ratios Correlations

0.690.981.00.710.660.820.680.610.490.560.991.00.981.00.120.97-0.050.60.97-0.351.00.990.950.920.47
0.690.560.70.120.870.860.090.010.760.490.750.690.580.720.020.54-0.70.090.55-0.460.70.640.610.570.04
0.980.560.970.830.50.710.820.760.290.490.960.971.00.960.11.00.120.741.0-0.30.970.990.90.890.46
1.00.70.970.690.670.810.650.590.50.530.981.00.971.00.120.96-0.050.580.97-0.351.00.990.950.920.46
0.710.120.830.69-0.020.310.970.94-0.250.150.670.70.820.680.020.850.520.920.82-0.110.690.760.610.70.5
0.660.870.50.67-0.020.82-0.03-0.070.920.660.720.670.520.70.260.47-0.7-0.10.5-0.290.660.610.650.540.18
0.820.860.710.810.310.820.290.230.720.640.850.810.710.840.090.69-0.450.210.7-0.410.810.760.80.730.26
0.680.090.820.650.97-0.030.290.99-0.30.190.650.670.810.640.050.840.490.930.8-0.070.650.730.550.620.35
0.610.010.760.590.94-0.070.230.99-0.350.230.590.60.750.570.140.780.510.920.740.030.580.670.480.570.36
0.490.760.290.5-0.250.920.72-0.3-0.350.590.510.50.310.530.090.26-0.68-0.330.31-0.390.50.410.570.420.19
0.560.490.490.530.150.660.640.190.230.590.590.570.50.580.170.47-0.360.150.48-0.330.530.540.520.410.23
0.990.750.960.980.670.720.850.650.590.510.590.990.960.990.150.95-0.160.570.95-0.340.980.980.910.880.44
1.00.690.971.00.70.670.810.670.60.50.570.990.981.00.120.96-0.040.590.97-0.351.00.990.950.920.46
0.980.581.00.970.820.520.710.810.750.310.50.960.980.960.111.00.090.731.0-0.30.970.990.890.890.45
1.00.720.961.00.680.70.840.640.570.530.580.991.00.960.120.95-0.090.560.96-0.371.00.980.960.920.46
0.120.020.10.120.020.260.090.050.140.090.170.150.120.110.120.08-0.07-0.080.10.820.110.130.060.10.24
0.970.541.00.960.850.470.690.840.780.260.470.950.961.00.950.080.150.760.99-0.30.960.980.890.890.46
-0.05-0.70.12-0.050.52-0.7-0.450.490.51-0.68-0.36-0.16-0.040.09-0.09-0.070.150.450.140.23-0.040.020.020.070.24
0.60.090.740.580.92-0.10.210.930.92-0.330.150.570.590.730.56-0.080.760.450.71-0.170.570.640.460.60.35
0.970.551.00.970.820.50.70.80.740.310.480.950.971.00.960.10.990.140.71-0.310.970.990.910.890.43
-0.35-0.46-0.3-0.35-0.11-0.29-0.41-0.070.03-0.39-0.33-0.34-0.35-0.3-0.370.82-0.30.23-0.17-0.31-0.36-0.32-0.39-0.30.04
1.00.70.971.00.690.660.810.650.580.50.530.981.00.971.00.110.96-0.040.570.97-0.360.990.960.920.46
0.990.640.990.990.760.610.760.730.670.410.540.980.990.990.980.130.980.020.640.99-0.320.990.920.890.45
0.950.610.90.950.610.650.80.550.480.570.520.910.950.890.960.060.890.020.460.91-0.390.960.920.940.51
0.920.570.890.920.70.540.730.620.570.420.410.880.920.890.920.10.890.070.60.89-0.30.920.890.940.57
0.470.040.460.460.50.180.260.350.360.190.230.440.460.450.460.240.460.240.350.430.040.460.450.510.57
Click cells to compare fundamentals

Ready Capital Account Relationship Matchups

Ready Capital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.0B5.4B9.5B11.6B12.4B13.1B
Total Current Liabilities477.6M678.6M656.0M457.8M345.1M247.4M
Total Stockholder Equity825.4M815.4M1.3B1.8B2.5B2.7B
Net Debt3.9B4.0B6.7B9.0B9.1B9.5B
Retained Earnings8.7M(24.2M)8.6M5.0M124.4M130.6M
Accounts Payable97.4M135.7M184.1M176.5M41.6M75.3M
Cash67.9M139.0M229.5M163.0M168.6M91.6M
Non Current Assets Total277.8M285.4M447.6M433.3M12.1B12.7B
Non Currrent Assets Other(31.8M)(18.4M)(3.6M)(2.7M)5.1B5.3B
Other Assets4.6B4.9B8.8B10.9B167.5M159.1M
Cash And Short Term Investments67.9M139.0M229.5M281.7M168.6M128.7M
Liabilities And Stockholders Equity5.0B5.4B9.5B11.6B12.4B13.1B
Non Current Liabilities Total3.9B4.1B7.0B9.3B9.4B9.9B
Other Stockholder Equity822.8M849.5M1.2B1.7B2.3B2.4B
Total Liab4.1B4.5B8.3B9.7B9.8B10.3B
Total Current Assets111.2M156.3M237.4M289.9M138.5M258.8M
Other Current Liab(477.6M)(678.6M)(656.0M)(176.5M)153.6M161.3M
Net Receivables43.3M17.3M7.9M8.2M131.3M137.9M
Common Stock Shares Outstanding42.0M53.8M68.7M117.2M148.6M156.0M
Other Current Assets(246.2M)(273.2M)(406.6M)(418.5M)(168.6M)(160.2M)
Short Long Term Debt Total3.9B4.1B7.0B9.2B9.2B9.7B
Net Tangible Assets825.4M815.4M1.2B1.6B1.9B2.0B
Noncontrolling Interest In Consolidated Entity19.2M19.4M18.8M4.5M4.0M3.8M
Long Term Debt1.3B1.5B7.0B9.3B7.1B7.4B
Retained Earnings Total Equity5.3M8.7M(24.2M)8.6M7.7M8.1M
Long Term Debt Total1.3B1.5B7.9B9.3B10.7B11.3B
Capital Surpluse822.8M849.5M1.2B1.7B1.9B2.0B
Inventory58.6M45.3M42.3M117.1M7.2M6.9M
Deferred Long Term Liab15.1M16.6M29.8M41.8M48.1M50.5M
Long Term Investments120.2M141.2M240.6M154.0M7.1B7.4B
Accumulated Other Comprehensive Income(6.2M)(9.9M)(5.7M)(9.4M)(17.9M)(17.0M)
Non Current Liabilities Other1.4B742.7M831.5M1.7B2.0B2.1B
Short Term Debt380.2M543.0M471.9M457.8M149.9M142.4M
Intangible Assets122.0M114.7M204.6M279.3M120.6M123.5M

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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ready Capital Corp. Also, note that the market value of any company could be tightly coupled 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.
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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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.