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Ready Capital RC Senior Secured Notes

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Other financials

Income statement

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Revenue$77.4M-49.3%
Net income-$99.7M-85.7%
EPS (diluted)-$0.63-85.3%

Balance sheet

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Cash & equivalents$177.8M-20.1%
Total debt$1.3B-36.4%
Total equity$1.2B-32.2%
Total assets$6.3B-32.7%

Cash flow

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Operating cash flow$75.1M

Valuation

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Market cap$279.34M-61.2%
Enterprise value$1.4B-44.9%
P/S0.7×-0.3×

Profitability

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Net margin-130.6%-232pp

Returns & leverage

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Return on equity-35.8%-106pp
Debt / equity-0.1×

Where this comes from

Reported directly by Ready Capital in its filing.

Tagged under the XBRL concept rc:SeniorSecuredNotes.

The source filing: Ready Capital’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054850
(in thousands)June 30, 2026December 31, 2025
Liabilities
Secured borrowings1,876,7132,788,926
Securitized debt obligations of consolidated VIEs, net638,9421,174,785
Senior secured notes, net723,915722,729
Corporate debt, net470,372652,487
Guaranteed loan financing950,103524,091
Contingent consideration22,26518,698
Derivative instruments601,432

Item 1. Financial Statements (Unaudited)

FAQ

What is Ready Capital's senior secured notes?
Ready Capital (RC) reported senior secured notes of $723.92M in Q2 2026.
How has Ready Capital's senior secured notes changed year-over-year?
Ready Capital's senior secured notes increased by 0.4% year-over-year, from $720.89M to $723.92M.
What is the long-term trend for Ready Capital's senior secured notes?
Over 5 years (2020 to 2025), Ready Capital's senior secured notes has grown at a 32.1% compound annual growth rate (CAGR), from $179.66M to $722.73M.
What does senior secured notes mean?
Senior Secured Notes as reported by Ready Capital Corporation.

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