Non-Current Liabilities
Senior secured notes, net
Ready Capital Senior secured notes, net increased by 0.1% to $723.71M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $671.51M to $723.71M. Over 5 years (FY 2020 to FY 2025), Senior secured notes, net shows an upward trend with a 32.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2017
Last reportedQ1 2026May 8, 2026
How to read this metric
An increase indicates higher leverage and reliance on secured debt markets, while a decrease suggests debt repayment or refinancing into other instruments.
Detailed definition
These are long-term debt obligations that are backed by specific collateral, providing lenders with a priority claim on...
Peer comparison
Standard debt instrument for real estate finance companies to fund loan originations.
Metric ID:
non_current_liabilities_senior_secured_notesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $179.83M | $179.91M | $342.04M | $342.45M | $342.47M | $342.91M | $343.36M | $343.80M | $344.24M | $344.68M | $345.13M | $345.57M | $417.04M | $437.69M | $437.85M | $671.51M | $720.89M | $721.15M | $722.73M | $723.71M |
| QoQ Change | — | +0.0% | +90.1% | +0.1% | +0.0% | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% | +0.1% | +20.7% | +5.0% | +0.0% | +53.4% | +7.4% | +0.0% | +0.2% | +0.1% |
| YoY Change | — | — | — | — | +90.4% | +90.6% | +0.4% | +0.4% | +0.5% | +0.5% | +0.5% | +0.5% | +21.1% | +27.0% | +26.9% | +94.3% | +72.9% | +64.8% | +65.1% | +7.8% |
Range$179.83M – $723.71M
CAGR+34.1%
Avg YoY Growth+35.2%
Median YoY Growth+24.0%
Current Streak19+ quarters growth
Senior secured notes, net at Other Companies
Frequently Asked Questions
- What is Ready Capital's senior secured notes, net?
- Ready Capital (RC) reported senior secured notes, net of $723.71M in Q1 2026.
- How has Ready Capital's senior secured notes, net changed year-over-year?
- Ready Capital's senior secured notes, net increased by 7.8% year-over-year, from $671.51M to $723.71M.
- What is the long-term trend for Ready Capital's senior secured notes, net?
- Over 5 years (2020 to 2025), Ready Capital's senior secured notes, net has grown at a 32.1% compound annual growth rate (CAGR), from $179.66M to $722.73M.
- What does senior secured notes, net mean?
- Long-term debt that is backed by specific company assets.