Discontinued — last reported Q3 '23
Business Segments · Interest Expense
Sbc Lending And Acquisitions — Interest Expense
Ready Capital Sbc Lending And Acquisitions — Interest Expense increased by 5.3% to $169.01M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 60.1%, from $105.56M to $169.01M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ3 2023Nov 8, 2023
Rolls up toInterest Expense
How to read this metric
An increase may signal higher leverage or rising interest rates, while a decrease suggests lower borrowing costs or reduced debt levels.
Detailed definition
Reflects the costs incurred by the segment to finance its lending activities, primarily through debt obligations and cre...
Peer comparison
Directly comparable to interest expense metrics in other REITs and finance companies.
Metric ID:
rc_segment_sbc_lending_and_acquisitions_interest_expenseHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $39.14M | $41.25M | $47.19M | $53.09M | $72.69M | $105.56M | $133.01M | $149.49M | $160.50M | $169.01M |
| QoQ Change | — | +5.4% | +14.4% | +12.5% | +36.9% | +45.2% | +26.0% | +12.4% | +7.4% | +5.3% |
| YoY Change | — | — | — | — | +85.7% | +155.9% | +181.9% | +181.6% | +120.8% | +60.1% |
Range$39.14M – $169.01M
CAGR+91.6%
Avg YoY Growth+131.0%
Median YoY Growth+138.4%
Current Streak9+ quarters growth
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Frequently Asked Questions
- What is Ready Capital's sbc lending and acquisitions — interest expense?
- Ready Capital (RC) reported sbc lending and acquisitions — interest expense of $169.01M in Q3 2023.
- How has Ready Capital's sbc lending and acquisitions — interest expense changed year-over-year?
- Ready Capital's sbc lending and acquisitions — interest expense increased by 60.1% year-over-year, from $105.56M to $169.01M.
- What does sbc lending and acquisitions — interest expense mean?
- The cost of borrowing money to fund the segment's loan portfolio.