Discontinued — last reported Q3 '23

Business Segments · Goodwill

Sbc Lending And Acquisitions — Goodwill

Ready Capital Sbc Lending And Acquisitions — Goodwill remained flat by 0.0% to $26.61M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 1.0%, from $26.35M to $26.61M.

Analysis

StatementSegment
CategoryMarket Position
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ3 2023Nov 8, 2023
Rolls up toGoodwill

How to read this metric

An increase indicates recent acquisitions, while a decrease suggests impairment charges due to declining segment performance.

Detailed definition

Represents the excess of the purchase price over the fair value of identifiable net assets acquired within the Small Bus...

Peer comparison

Common in financial services firms that grow through M&A; peers typically monitor for impairment risks.

Metric ID: rc_segment_sbc_lending_and_acquisitions_goodwill

Historical Data

8 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$20.26M$21.50M$22.97M$26.35M$26.61M$26.61M$26.61M$26.61M
QoQ Change+6.1%+6.8%+14.7%+1.0%+0.0%+0.0%+0.0%
YoY Change+31.3%+23.8%+15.9%+1.0%
Range$20.26M$26.61M
CAGR+16.9%
Avg YoY Growth+18.0%
Median YoY Growth+19.8%
Current Streak7+ quarters growth

Frequently Asked Questions

What is Ready Capital's sbc lending and acquisitions — goodwill?
Ready Capital (RC) reported sbc lending and acquisitions — goodwill of $26.61M in Q3 2023.
How has Ready Capital's sbc lending and acquisitions — goodwill changed year-over-year?
Ready Capital's sbc lending and acquisitions — goodwill increased by 1.0% year-over-year, from $26.35M to $26.61M.
What does sbc lending and acquisitions — goodwill mean?
The intangible value recorded when the segment acquires another business for more than its net asset value.