Mr. Cooper Group Balance Sheet Health
Financial Health criteria checks 3/6
Mr. Cooper Group has a total shareholder equity of $4.4B and total debt of $9.1B, which brings its debt-to-equity ratio to 206.1%. Its total assets and total liabilities are $14.8B and $10.4B respectively. Mr. Cooper Group's EBIT is $842.0M making its interest coverage ratio -210.5. It has cash and short-term investments of $578.0M.
Key information
206.1%
Debt to equity ratio
US$9.08b
Debt
Interest coverage ratio | -210.5x |
Cash | US$578.00m |
Equity | US$4.41b |
Total liabilities | US$10.37b |
Total assets | US$14.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 07WA's short term assets ($3.7B) exceed its short term liabilities ($867.0M).
Long Term Liabilities: 07WA's short term assets ($3.7B) do not cover its long term liabilities ($9.5B).
Debt to Equity History and Analysis
Debt Level: 07WA's net debt to equity ratio (193%) is considered high.
Reducing Debt: 07WA's debt to equity ratio has reduced from 752.5% to 206.1% over the past 5 years.
Debt Coverage: 07WA's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: 07WA earns more interest than it pays, so coverage of interest payments is not a concern.