Discontinued — last reported Q3 '23
Business Segments · Cash & Equivalents
Servicing — Cash & Equivalents
New Residential Investment Corp. Servicing — Cash & Equivalents remained flat by 0.0% to $417.09M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 26.4%, from $566.86M to $417.09M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2020
Last reportedQ3 2023Nov 1, 2023
Rolls up toCash & Equivalents
How to read this metric
Higher levels indicate strong liquidity, while lower levels may signal potential cash flow constraints.
Detailed definition
The amount of highly liquid assets held by the servicing segment to meet short-term operational obligations and liquidit...
Peer comparison
Standard liquidity metric across all business segments.
Metric ID:
ritm_segment_servicing_cash_and_cash_equivalentsHistorical Data
18 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $102.83M | $102.83M | $250.29M | $250.29M | $278.06M | $278.06M | $653.88M | $653.88M | $566.86M | $566.86M | $440.74M | $440.74M | $432.85M | $432.85M | $513.20M | $513.20M | $417.09M | $417.09M |
| QoQ Change | — | +0.0% | +143.4% | +0.0% | +11.1% | +0.0% | +135.2% | +0.0% | -13.3% | +0.0% | -22.2% | +0.0% | -1.8% | +0.0% | +18.6% | +0.0% | -18.7% | +0.0% |
| YoY Change | — | — | — | — | — | — | — | — | +451.3% | +451.3% | +76.1% | +76.1% | +55.7% | +55.7% | -21.5% | -21.5% | -26.4% | -26.4% |
Range$102.83M – $653.88M
CAGR+39.0%
Avg YoY Growth+107.0%
Median YoY Growth+55.7%
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Frequently Asked Questions
- What is New Residential Investment Corp.'s servicing — cash & equivalents?
- New Residential Investment Corp. (NRZ) reported servicing — cash & equivalents of $417.09M in Q3 2023.
- How has New Residential Investment Corp.'s servicing — cash & equivalents changed year-over-year?
- New Residential Investment Corp.'s servicing — cash & equivalents decreased by 26.4% year-over-year, from $566.86M to $417.09M.
- What does servicing — cash & equivalents mean?
- Liquid cash held by the servicing segment for operations.