Ready Capital (RC) Current Ratio
Price: $4.42
Market Cap: $759.48M
Avg Volume: 2.94M
Market Cap: $759.48M
Avg Volume: 2.94M
Country: US
Industry: REIT - Mortgage
Sector: Real Estate
Industry: REIT - Mortgage
Sector: Real Estate
Ready Capital Current Ratio
- Annual: 0.33
- Quarterly: 0.33
- TTM: 0.33
What is the Current Ratio?
The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.
Related Metrics
Other important metrics to assess Ready Capital's financial health include:
- Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
- Annual: 0.33
- Quarterly: 0.33
- TTM: 0.33
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.33
- Quarterly: 0.33
- TTM: 0.33
These metrics provide insights into Ready Capital's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Current Ratio
0.33
Quarterly Current Ratio
0.33
TTM Current Ratio
0.33
Ready Capital Historical Current Ratio
Historical Quick Ratio
Historical Cash Ratio
Ready Capital Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Current Ratio | Quick Ratio | Cash Ratio |
|---|---|---|---|
| 2024 | 0.33 | 0.33 | 0.33 |
| 2023 | 0.79 | 0.79 | 0.40 |
| 2022 | 0.63 | 0.38 | 0.36 |
| 2021 | 0.36 | 0.30 | 0.35 |
| 2020 | 0.23 | 0.16 | 0.20 |
| 2019 | 0.23 | 0.11 | 0.14 |
| 2018 | 17.15 | 16.98 | 0.63 |
| 2017 | 0.94 | 1.02 | 0.73 |
| 2016 | 4.89 | 4.84 | 0.73 |
| 2015 | 1.14 | 0.77 | 0.94 |
Related Metrics
Explore detailed financial metrics and analysis for RC.