Return On Asset ratio Analysis of Ready Capital Corp.(PFD- E) - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Not Good ROA
2.74
Period Ending - Dec-22
Poor ROA
1.82
Growth
50.74 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Not Good ROA
2.32
Most recent Quarter ROA
Period Ending - Mar-24
Very Poor ROA
-4064.09
ROA Analysis of Ready Capital Corp.(PFD- E)
| ROA Ratio of RC-PE rose handsomely by 50.74 % this year. |
| ROA Ratio of RC-PE trending up for at least three Years. |
| ROA Ratio with value of 0.835 was lowest in Year Dec-20 in last Five Years. |
| Latest ROA Ratio with value of 2.74 is Greater than Average ROA of 1.70 in last five years. |
| ROA of Ready Capital Corp.(PFD- E) is negative because of negative Income in Quarterly result ended on Mar-24. |
Other ROA Related Info of RC-PE that may interest you.
Ready Capital Corp.(PFD- E) Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| RC-PE | 18.5 | 18.55 | 0.270 % | REIT-Mortgage |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| Low Profitability Stock | |
FY - Historical Return On Asset of Ready Capital Corp.(PFD- E)
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 2.74 | 1.82 | 1.65 | 0.835 | 1.47 | 1.95 | 1.72 |
| Change | 50.74 % | 9.95 % | 98.09 % | -43.03 % | -24.87 % | 13.75 % | -9.10 % |
FY Chart of Return On Asset of Ready Capital Corp.(PFD- E)
Note : All Data Generated at the End of Trading Hours (EOD Data)