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Rithm Capital (Rithm Capital) Tangible Book per Share

: $-6.57 (As of Dec. 2023)
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Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Rithm Capital's tangible book value per share for the quarter that ended in Dec. 2023 was $-6.57.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Rithm Capital Tangible Book per Share Historical Data

The historical data trend for Rithm Capital's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rithm Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.27 -1.33 -3.74 -7.24 -6.57

Rithm Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tangible Book per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.24 -7.81 -6.26 -6.11 -6.57

Competitive Comparison

For the REIT - Mortgage subindustry, Rithm Capital's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rithm Capital Price-to-Tangible-Book Distribution

For the REITs industry and Real Estate sector, Rithm Capital's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Rithm Capital's Price-to-Tangible-Book falls into.



Rithm Capital Tangible Book per Share Calculation

Rithm Capital's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(7006.942-1257.254-8925.715)/483.226
=-6.57

Rithm Capital's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(7006.942-1257.254-8925.715)/483.226
=-6.57

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Rithm Capital  (NYSE:RITM) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Rithm Capital Tangible Book per Share Related Terms

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Rithm Capital (Rithm Capital) Business Description

Address
799 Broadway, New York, NY, USA, 10003
Rithm Capital Corp operates as a real estate investment trust that provides capital and services to the real estate and financial services industries. The company's mission is to generate attractive risk-adjusted returns in all interest rate environments through a complementary portfolio of investments and operating businesses. Rithm Capital's investment portfolio is composed of mortgage servicing related assets (full and excess MSRs and servicer advances), residential securities (and associated call rights) and loans (including single family rental), and consumer loans.
Executives
Peggy Hwan Hebard director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Philip M Sivin officer: Chief Legal Officer RESURGENCE ASSET MANAGEMENT LLC, 10 NEW KING STREET, WHITE PLAINS NY 10604
Le Melle Patrice M director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Alan L. Tyson director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Andrew Sloves director 799 BROADWAY, NEW YORK NY 10003
Pamela F Lenehan director C/O AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876
Robert Mcginnis director 2002 SUMMIT BLVD., 6TH FLOOR, ATLANTA GA 30319
Nicola Jr Santoro officer: CFO and Treasurer C/O FXCM INC, 55 WATER STREET, NEW YORK NY 10041
David Saltzman director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Nierenberg director, officer: CEO and President 799 BROADWAY, NEW YORK NY 10003
David Schneider officer: Chief Accounting Officer 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Wesley R Edens director 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Home Loan Servicing Solutions, Ltd. 10 percent owner C/O INTERTRUST CORP SERVICES CAYMAN LTD, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Kevin J Finnerty director 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Susan Givens officer: CFO and Treasurer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105