Other

Indefinite- lived intangible impairment

Ready Capital Indefinite- lived intangible impairment increased by 2.0% to $55.76M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.9%, from $49.41M to $55.76M. Over 2 years (FY 2023 to FY 2025), Indefinite- lived intangible impairment shows an upward trend with a 50.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityVolatile
First reportedQ4 2023
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase in impairment charges signals a decline in the value of the company's intangible assets, potentially indicating poor acquisition outcomes or changing market conditions.

Detailed definition

This represents the gross value of indefinite-lived intangible assets, excluding goodwill, that have been subject to imp...

Peer comparison

Varies significantly based on M&A history; companies with frequent acquisitions often show higher volatility in this metric.

Metric ID: other_intangible_assets_gross_excluding_goodwill

Historical Data

8 periods
 Q4 '23Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$24.22M$46.75M$48.05M$49.41M$51.84M$54.92M$54.68M$55.76M
QoQ Change+93.0%+2.8%+2.8%+4.9%+5.9%-0.4%+2.0%
YoY Change+98.4%+17.5%+13.8%+12.9%
Range$24.22M$55.76M
CAGR+61.0%
Avg YoY Growth+35.6%
Median YoY Growth+15.6%

Frequently Asked Questions

What is Ready Capital's indefinite- lived intangible impairment?
Ready Capital (RC) reported indefinite- lived intangible impairment of $55.76M in Q1 2026.
How has Ready Capital's indefinite- lived intangible impairment changed year-over-year?
Ready Capital's indefinite- lived intangible impairment increased by 12.9% year-over-year, from $49.41M to $55.76M.
What is the long-term trend for Ready Capital's indefinite- lived intangible impairment?
Over 2 years (2023 to 2025), Ready Capital's indefinite- lived intangible impairment has grown at a 50.2% compound annual growth rate (CAGR), from $24.22M to $54.68M.
What does indefinite- lived intangible impairment mean?
The total value of non-goodwill intangible assets that have been written down due to a loss in value.