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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4611971761,114659624381
Cash and cash equivalents461197176145213220270
Short-term investments   969446404112
Total current assets:4611971761,114659624381
Noncurrent Assets
Operating lease, right-of-use asset1512
Property, plant and equipment4553343
Intangible assets, net (including goodwill)57161     
Goodwill 89     
Intangible assets, net (excluding goodwill)5773     
Total noncurrent assets:7617853343
Other undisclosed assets9,81817,62011,7575,9244,8225,6035,535
TOTAL ASSETS:10,35517,99511,9377,0405,4836,2315,919
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities131143472
Accounts payable65 115 
Taxes payable6      
Interest and dividends payable1642322
Debt5232,3292,6012,1897921,8551,794
Total current liabilities:5362,3402,6052,1927961,8621,796
Noncurrent Liabilities
Liabilities, other than long-term debt 5     
Deferred income tax liabilities 5
Total noncurrent liabilities: 5     
Other undisclosed liabilities8,70813,8237,9833,6363,5383,2232,867
Total liabilities:9,24416,16810,5895,8284,3345,0854,663
Stockholders' equity
Stockholders' equity attributable to parent, including:1,1111,8271,3491,2122,8992,8072,822
Common stock1111111
Additional paid in capital2,2652,2701,8111,6741,6761,6961,774
Accumulated other comprehensive income (loss)(4)4261857292141
Retained earnings9971,5791,4101,2901,1501,019907
Other undisclosed stockholders' equity attributable to parent(2,148)(2,064)(1,935)(1,838)   
Stockholders' equity attributable to noncontrolling interest171314    
Other undisclosed stockholders' equity(17)(13)(14) (1,750)(1,661)(1,566)
Total stockholders' equity:1,1111,8271,3491,2121,1491,1461,256
Other undisclosed liabilities and equity      0
TOTAL LIABILITIES AND EQUITY:10,35517,99511,9377,0405,4836,2315,919

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues530545305173238201150
Net investment income495502265155168162117
Realized investment gains30242713283615
Cost of revenue
(Financial Services Costs)
      (1)
Gross profit:530545305173238201149
Operating expenses  (83)(77)(89)(97)(90)
Other operating expense, net
(Other Expenses)
(109)(13)     
Operating income:4215322239514910458
Nonoperating income      16
Investment income, nonoperating      14
Interest and debt expense(448)(480)(239)(109)(89)(96)(87)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(559)1241471657584114
Income (loss) from continuing operations before income taxes:(586)17713115213592101
Income tax expense (benefit)5(7)(11)(12)(4)10(1)
Net income (loss) attributable to parent:(582)169120140131102101
Other undisclosed net loss available to common stockholders, basic(2)(5)(4)(4)(4)(3) 
Net income (loss) available to common stockholders, basic:(584)16411613712899101
Interest on convertible debt 36332724  
Other undisclosed net income (loss) available to common stockholders, diluted (0)(1)(0)(0)0 
Net income (loss) available to common stockholders, diluted:(584)20014816315199101

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(582)169120140131102101
Other comprehensive income (loss)(46)(20)(24)13(20)(49)(8)
Comprehensive income (loss), net of tax, attributable to parent:(628)149961541115392

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: