Redwood Trust Inc balance sheet
At the end of fiscal 2023, Redwood Trust Inc had total assets of $14.50bn, total liabilities of $13.30bn and shareholders' equity of $1.20bn. It held $293m in cash against $11.37bn of debt.
Balance sheet
| Fiscal year | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | LTMJun 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 0.3 | 0.1 | 0.2 | 0.3 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.5 | 0.5 | 0.3 | 0.3 | 0.3 |
| Goodwill | — | — | — | — | — | — | — | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total assets | 5.7 | 4.4 | 4.6 | 5.9 | 6.2 | 5.5 | 7.0 | 11.9 | 18.0 | 10.4 | 14.7 | 13.0 | 14.5 | 16.5 |
| Accounts payable | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Short-term debt | 0.4 | 0.6 | 0.9 | 1.8 | 1.9 | 0.8 | 1.9 | 2.4 | 2.3 | 0.5 | 2.2 | 2.0 | 1.6 | — |
| Long-term debt | 0.1 | 0.1 | 0.5 | 1.2 | 2.0 | 2.6 | 2.6 | 2.6 | — | 1.4 | 1.6 | 1.7 | 1.7 | — |
| Total debt | 0.6 | 0.7 | 1.3 | 3.3 | 3.9 | 3.4 | 4.5 | 7.8 | 12.8 | 7.6 | 11.4 | 10.0 | 11.4 | 11.6 |
| Total liabilities | 4.9 | 3.3 | 3.4 | 4.7 | 5.1 | 4.3 | 5.8 | 10.6 | 16.2 | 9.2 | 13.3 | 11.9 | 13.3 | 15.3 |
| Shareholders' equity | 0.9 | 1.1 | 1.2 | 1.3 | 1.1 | 1.1 | 1.2 | 1.3 | 1.8 | 1.1 | 1.4 | 1.1 | 1.2 | 1.2 |
| Shares outstanding | 79m | 82m | 83m | 83m | 78m | — | — | 114m | 114m | 112m | 115m | 113m | 131m | 132m |
| Quarter | 2022 Q3Sept 2022 | 2022 Q4Dec 2022 | 2023 Q1Mar 2023 | 2023 Q2Jun 2023 | 2023 Q3Sept 2023 | 2023 Q4Dec 2023 | 2024 Q1Mar 2024 | 2024 Q2Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total assets | 13.1 | 13.0 | 13.1 | 12.8 | 13.0 | 14.5 | 15.1 | 16.5 |
| Accounts payable | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Short-term debt | 2.1 | 2.0 | 1.6 | 1.5 | 1.5 | 1.6 | 1.3 | — |
| Long-term debt | 1.5 | 1.7 | 1.7 | 1.8 | 1.8 | 1.7 | 1.7 | — |
| Total debt | 3.6 | 3.8 | 3.3 | 3.3 | 3.3 | 3.2 | 3.0 | — |
| Total liabilities | 12.0 | 11.9 | 12.0 | 11.7 | 11.9 | 13.3 | 13.8 | 15.3 |
| Shareholders' equity | 1.2 | 1.1 | 1.1 | 1.1 | 1.1 | 1.2 | 1.2 | 1.2 |
| Shares outstanding | 113m | 113m | 114m | 114m | 119m | 131m | 132m | 132m |
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