Non-Current Liabilities

Corporate debt, net

Ready Capital Corporate debt, net decreased by 17.7% to $536.97M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 34.3%, from $817.16M to $536.97M. Over 5 years (FY 2020 to FY 2025), Corporate debt, net shows an upward trend with a 34.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ3 2018
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase signals successful access to unsecured capital markets, while a decrease may indicate deleveraging or a shift toward secured financing.

Detailed definition

These represent long-term debt obligations that are not backed by specific collateral, relying instead on the general cr...

Peer comparison

Common for mature financial institutions with investment-grade or near-investment-grade credit profiles.

Metric ID: non_current_liabilities_senior_unsecured_notes

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$333.67M$333.98M$441.82M$446.12M$565.23M$662.25M$662.67M$663.62M$762.67M$763.83M$764.91M$766.08M$767.27M$768.47M$895.27M$817.16M$666.14M$666.62M$652.49M$536.97M
QoQ Change+0.1%+32.3%+1.0%+26.7%+17.2%+0.1%+0.1%+14.9%+0.2%+0.1%+0.2%+0.2%+0.2%+16.5%-8.7%-18.5%+0.1%-2.1%-17.7%
YoY Change+69.4%+98.3%+50.0%+48.8%+34.9%+15.3%+15.4%+15.4%+0.6%+0.6%+17.0%+6.7%-13.2%-13.3%-27.1%-34.3%
Range$333.67M$895.27M
CAGR+10.5%
Avg YoY Growth+17.8%
Median YoY Growth+15.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is Ready Capital's corporate debt, net?
Ready Capital (RC) reported corporate debt, net of $536.97M in Q1 2026.
How has Ready Capital's corporate debt, net changed year-over-year?
Ready Capital's corporate debt, net decreased by 34.3% year-over-year, from $817.16M to $536.97M.
What is the long-term trend for Ready Capital's corporate debt, net?
Over 5 years (2020 to 2025), Ready Capital's corporate debt, net has grown at a 34.0% compound annual growth rate (CAGR), from $150.99M to $652.49M.
What does corporate debt, net mean?
Long-term debt that is not backed by specific assets, relying on the company's general credit.