Discontinued — last reported Q3 '24
Business Segments · Income Tax
Mortgage Loans Receivable — Income Tax
New Residential Investment Corp. Mortgage Loans Receivable — Income Tax remained flat by 0.0% to $2.75M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 346.8%, from -$1.12M to $2.75M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2024Nov 5, 2024
Rolls up toIncome Tax
How to read this metric
An increase may reflect higher taxable earnings within the segment or changes in tax rates, while a decrease may indicate lower profitability or tax planning benefits.
Detailed definition
Represents the portion of income tax expense allocated specifically to the Mortgage Loans Receivable business segment. T...
Peer comparison
Standard across financial services firms, though allocation methodologies vary by internal accounting policy.
Metric ID:
ritm_segment_mortgage_loans_receivable_income_tax_expenseHistorical Data
28 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q1 '22 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '22 | Q4 '22 | Q1 '23 | Q1 '23 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | Q4 '23 | Q4 '23 | Q1 '24 | Q1 '24 | Q2 '24 | Q2 '24 | Q3 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | -$3.62M | -$3.62M | -$1.94M | -$1.94M | -$2.23M | -$2.23M | -$2.09M | -$2.09M | -$981.00K | -$981.00K | -$1.12M | -$1.12M | -$931.00K | -$931.00K | -$333.00K | -$333.00K | $1.95M | $1.95M | $2.75M | $2.75M |
| QoQ Change | — | — | — | — | — | — | — | — | — | +0.0% | +46.5% | +0.0% | -14.9% | +0.0% | +6.1% | +0.0% | +53.2% | +0.0% | -13.8% | +0.0% | +16.6% | +0.0% | +64.2% | +0.0% | +686.2% | +0.0% | +41.1% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | +72.9% | +72.9% | +42.5% | +42.5% | +58.2% | +58.2% | +84.1% | +84.1% | +299.0% | +299.0% | +346.8% | +346.8% |
Range-$3.62M – $2.75M
Avg YoY Growth+150.6%
Median YoY Growth+78.5%
Current Streak9 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is New Residential Investment Corp.'s mortgage loans receivable — income tax?
- New Residential Investment Corp. (NRZ) reported mortgage loans receivable — income tax of $2.75M in Q3 2024.
- How has New Residential Investment Corp.'s mortgage loans receivable — income tax changed year-over-year?
- New Residential Investment Corp.'s mortgage loans receivable — income tax increased by 346.8% year-over-year, from -$1.12M to $2.75M.
- What does mortgage loans receivable — income tax mean?
- The amount of income tax expense attributed to the mortgage loans receivable business segment.