Cash Ratio Analysis of Ready Capital Corp.(PFD- E) - Deep Dive


Cash Ratio of RC-PE
Dec-23
0.489
Poor Cash Ratio
Dec-22
0.615
Not Good Cash Ratio
Growth
-20.62
%
Cash Ratio Analysis of Ready Capital Corp.(PFD- E)
Cash Ratio of Ready Capital Corp.(PFD- E) with value of 0.489 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of RC-PE drastically fell by -20.62 % this year.
Cash Ratio with value of 0.615 was highest in Year Dec-22 in last Five Years.
Cash Ratio with value of 0.165 was lowest in Year Dec-19 in last Five Years.
Latest Cash Ratio with value of 0.489 is Greater than Average Cash Ratio of 0.392 in last five years.
Other Cash Ratio Related Info of RC-PE that may interest you.
Ready Capital Corp.(PFD- E) Overview
CodePricePrevious PricePrice ChangeSector
RC-PE18.60518.79 0.985 % REIT-Mortgage
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Very Low Stability Stock
FY - Historical Cash Ratio of Ready Capital Corp.(PFD- E)
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.4890.6150.4470.2440.1650.6260.730
Change-20.62 %37.60 %83.41 %47.77 %-73.66 %-14.15 %-84.29 %
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FY Chart of Cash Ratio of Ready Capital Corp.(PFD- E)


Note : All Data Generated at the End of Trading Hours (EOD Data)