Non-Current Assets

Assets of consolidated VIEs

Ready Capital Assets of consolidated VIEs decreased by 51.4% to $960.88M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 74.2%, from $3.72B to $960.88M. Over 2 years (FY 2023 to FY 2025), Assets of consolidated VIEs shows a downward trend with a -46.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase suggests higher securitization activity or expansion of structured finance portfolios, while a decrease may indicate reduced reliance on VIE-based funding structures.

Detailed definition

This represents the assets held by variable interest entities (VIEs) that the company is required to consolidate under a...

Peer comparison

Common in REITs and financial institutions that utilize securitization to manage capital and liquidity.

Metric ID: non_current_assets_assets_variable_interest_entities

Historical Data

8 periods
 Q4 '23Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.90B$5.79B$5.18B$3.72B$2.40B$2.17B$1.98B$960.88M
QoQ Change-16.0%-10.7%-28.0%-35.7%-9.6%-8.7%-51.4%
YoY Change-25.0%-62.6%-61.8%-74.2%
Range$960.88M$6.90B
CAGR-67.6%
Avg YoY Growth-55.9%
Median YoY Growth-62.2%
Current Streak7+ quarters decline

Frequently Asked Questions

What is Ready Capital's assets of consolidated vies?
Ready Capital (RC) reported assets of consolidated vies of $960.88M in Q1 2026.
How has Ready Capital's assets of consolidated vies changed year-over-year?
Ready Capital's assets of consolidated vies decreased by 74.2% year-over-year, from $3.72B to $960.88M.
What is the long-term trend for Ready Capital's assets of consolidated vies?
Over 2 years (2023 to 2025), Ready Capital's assets of consolidated vies has grown at a -46.4% compound annual growth rate (CAGR), from $6.90B to $1.98B.
What does assets of consolidated vies mean?
Assets held by special-purpose entities that the company controls and must include in its financial reporting.