Discontinued — last reported Q3 '21
Business Segments · Interest Expense
Loan Acquisitions — Interest Expense
Ready Capital Loan Acquisitions — Interest Expense decreased by 0.7% to $11.95M in Q3 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ3 2021Nov 5, 2021
Rolls up toInterest Expense
How to read this metric
An increase may signal higher leverage or rising interest rates on the company's debt obligations.
Detailed definition
The total interest costs incurred to finance the loan acquisition portfolio, including interest paid on debt facilities...
Peer comparison
Standard interest expense line item for financial institutions and mortgage REITs.
Metric ID:
rc_segment_loan_acquisitions_interest_expenseHistorical Data
2 periods
| Q2 '21 | Q3 '21 | |
|---|---|---|
| Value | $12.04M | $11.95M |
| QoQ Change | — | -0.7% |
Range$11.95M – $12.04M
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Ready Capital's loan acquisitions — interest expense?
- Ready Capital (RC) reported loan acquisitions — interest expense of $11.95M in Q3 2021.
- What does loan acquisitions — interest expense mean?
- The cost of borrowing money used to fund the loan acquisition segment's assets.