Discontinued — last reported Q3 '23
Business Segments · Labor And Related Expense
Sbc Lending And Acquisitions — Labor And Related Expense
Ready Capital Sbc Lending And Acquisitions — Labor And Related Expense increased by 17.2% to $10.22M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 54.8%, from $6.60M to $10.22M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2023Nov 8, 2023
Rolls up toCompensation and benefits
How to read this metric
An increase relative to revenue may signal declining operational efficiency, while a decrease could indicate cost-cutting or reduced headcount.
Detailed definition
This represents the total costs associated with employee compensation, benefits, and payroll taxes specifically allocate...
Peer comparison
Standardized as 'Personnel Expense' or 'Compensation and Benefits' in segment-level financial reporting across financial services firms.
Metric ID:
rc_segment_sbc_lending_and_acquisitions_labor_and_related_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 | $4.29M | $7.03M | $3.00M | $10.16M | $7.90M | $6.60M | $4.75M | $6.21M | $8.72M | $10.22M |
| QoQ Change | — | +63.8% | -57.3% | +238.4% | -22.2% | -16.4% | -28.0% | +30.6% | +40.6% | +17.2% |
| YoY Change | — | — | — | — | +84.0% | -6.1% | +58.3% | -38.9% | +10.4% | +54.8% |
Range$3.00M – $10.22M
CAGR+47.0%
Avg YoY Growth+27.1%
Median YoY Growth+32.6%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Ready Capital's sbc lending and acquisitions — labor and related expense?
- Ready Capital (RC) reported sbc lending and acquisitions — labor and related expense of $10.22M in Q3 2023.
- How has Ready Capital's sbc lending and acquisitions — labor and related expense changed year-over-year?
- Ready Capital's sbc lending and acquisitions — labor and related expense increased by 54.8% year-over-year, from $6.60M to $10.22M.
- What does sbc lending and acquisitions — labor and related expense mean?
- Total personnel-related costs for the small business lending segment.