Ready Capital (FRA:0SZ) Tax Rate % : -21.05% (As of Dec. 2023)

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What is Ready Capital Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ready Capital's Tax Expense for the three months ended in Dec. 2023 was €-2.2 Mil. Ready Capital's Pre-Tax Income for the three months ended in Dec. 2023 was €10.4 Mil. Therefore, Ready Capital's Tax Rate % for the quarter that ended in Dec. 2023 was -21.05%.

Ready Capital Tax Rate % Historical Data

The historical data trend for Ready Capital's Tax Rate % 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.

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Ready Capital Tax Rate % Chart

Ready Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-16.36

15.40

11.24

8.84

2.00

Ready Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															36.85	1.05	1.99	7.86	-21.05

Ready Capital Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Ready Capital's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	6.579	/	328.67
	=	2.00 %

Ready Capital's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	-2.187	/	10.39
	=	-21.05 %

Ready Capital Tax Rate % Related Terms

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Ready Capital (FRA:0SZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ready Capital Corp (FRA:0SZ) » Definitions » Tax Rate %

Comparable Companies

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Traded in Other Exchanges

RCPC.PFD:USA RC:USA

Address

1251 Avenue of the Americas, 50th Floor, New York, NY, USA, 10020

Website

https://www.readycapital.com

Ready Capital Corp is a real estate finance company. It acquires, manages, originates, and finances small-balance commercial loans to purchase small multi-family, office, retail, mixed-use, or warehouse properties. The company's segments consist of SBC Lending and Acquisitions, Small Business Lending, and Residential Mortgage Banking. Its objective is to provide attractive risk-adjusted returns through dividends and through capital appreciation.

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