Discontinued — last reported Q1 '24
Business Segments · Interest Expense
Lmm Commercial Real Estate — Interest Expense
Ready Capital Lmm Commercial Real Estate — Interest Expense increased by 6.3% to $158.89M in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 6.3%, from $149.49M to $158.89M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2021
Last reportedQ1 2024May 10, 2024
Rolls up toInterest Expense
How to read this metric
An increase suggests higher leverage or rising interest rates on debt, which can compress margins, while a decrease suggests lower funding costs or reduced debt levels.
Detailed definition
This represents the cost of borrowing funds used to finance the segment's loan portfolio and other assets. It includes i...
Peer comparison
Standard 'Interest Expense' reported by all capital-intensive and financial firms.
Metric ID:
rc_segment_lmm_commercial_real_estate_interest_expenseHistorical Data
9 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $41.20M | $41.20M | $41.20M | $91.09M | $91.09M | $91.09M | $91.09M | $149.49M | $158.89M |
| QoQ Change | — | +0.0% | +0.0% | +121.1% | +0.0% | +0.0% | +0.0% | +64.1% | +6.3% |
| YoY Change | — | — | — | — | +121.1% | +121.1% | +121.1% | +64.1% | +6.3% |
Range$41.20M – $158.89M
CAGR+96.4%
Avg YoY Growth+86.7%
Median YoY Growth+121.1%
Current Streak8+ quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Ready Capital's lmm commercial real estate — interest expense?
- Ready Capital (RC) reported lmm commercial real estate — interest expense of $158.89M in Q1 2024.
- How has Ready Capital's lmm commercial real estate — interest expense changed year-over-year?
- Ready Capital's lmm commercial real estate — interest expense increased by 6.3% year-over-year, from $149.49M to $158.89M.
- What does lmm commercial real estate — interest expense mean?
- The total interest costs paid on the debt used to fund the segment's operations.