Redwood Trust, Inc. (RWT) financial statements (2021 and earlier)

Company profile

Business Address ONE BELVEDERE PLACE
MILL VALLEY, CA 94941
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1971761,114659624381173
Cash and cash equivalents197176145213220270173
Short-term investments  969446404112 
Income taxes receivable0
Total current assets:1971761,114659624381173
Noncurrent Assets
Operating lease, right-of-use asset12
Property, plant and equipment5533431
Intangible assets, net (including goodwill)161     
Goodwill89      
Intangible assets, net (excluding goodwill)73      
Total noncurrent assets:178533431
Other undisclosed assets17,62011,7575,9244,8225,6035,5354,434
TOTAL ASSETS:17,99511,9377,0405,4836,2315,9194,609
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1143472 
Accounts payable5 115  
Interest and dividends payable642322 
Debt2,3292,6012,1897921,8551,794863
Total current liabilities:2,3402,6052,1927961,8621,796863
Noncurrent Liabilities
Liabilities, other than long-term debt5      
Deferred income tax liabilities5
Total noncurrent liabilities:5      
Other undisclosed liabilities13,8237,9833,6363,5383,2232,8672,500
Total liabilities:16,16810,5895,8284,3345,0854,6633,363
Stockholders' equity
Stockholders' equity attributable to parent, including:1,8271,3491,2122,8992,8072,8222,717
Common stock1111111
Additional paid in capital2,2701,8111,6741,6761,6961,7741,761
Accumulated other comprehensive income4261857292141149
Retained earnings1,5791,4101,2901,1501,019907806
Other undisclosed stockholders' equity attributable to parent(2,064)(1,935)(1,838)    
Stockholders' equity attributable to noncontrolling interest1314     
Other undisclosed stockholders' equity(13)(14) (1,750)(1,661)(1,566)(1,471)
Total stockholders' equity:1,8271,3491,2121,1491,1461,2561,246
Other undisclosed liabilities and equity     0 
TOTAL LIABILITIES AND EQUITY:17,99511,9377,0405,4836,2315,9194,609

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues545305173238201150 
Net investment income502265155168162117 
Realized investment gains24271328361525
Cost of revenue
(Financial Services Costs)
     (1) 
Gross profit:545305173238201149 
Operating expenses (83)(77)(89)(97)(90)(85)
Other operating expense, net
(Other Expenses)
(13)      
Operating income (loss):5322239514910458(85)
Nonoperating income (expense)     16(2)
Investment income, nonoperating     14(2)
Interest and debt expense(480)(239)(109)(89)(96)(87)(81)
Other undisclosed income from continuing operations before equity method investments, income taxes1241471657584114352
Income from continuing operations before income taxes:17713115213592101184
Income tax expense (benefit)(7)(11)(12)(4)10(1)(11)
Net income attributable to parent:169120140131102101173
Other undisclosed net loss available to common stockholders, basic(5)(4)(4)(4)(3)  
Net income available to common stockholders, basic:16411613712899101173
Interest on convertible debt36332724   
Other undisclosed net income (loss) available to common stockholders, diluted(0)(1)(0)(0)0  
Net income available to common stockholders, diluted:20014816315199101173

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:169120140131102101173
Other comprehensive income (loss)(20)(24)13(20)(49)(8)10
Comprehensive income, net of tax, attributable to parent:149961541115392184

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: