Ocwen Financial Balance Sheet Health
Financial Health criteria checks 1/6
Ocwen Financial has a total shareholder equity of $401.8M and total debt of $11.4B, which brings its debt-to-equity ratio to 2842.1%. Its total assets and total liabilities are $12.5B and $12.1B respectively. Ocwen Financial's EBIT is $654.5M making its interest coverage ratio 3.3. It has cash and short-term investments of $213.1M.
Key information
2,842.1%
Debt to equity ratio
US$11.42b
Debt
Interest coverage ratio | 3.3x |
Cash | US$213.10m |
Equity | US$401.80m |
Total liabilities | US$12.11b |
Total assets | US$12.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KAS's short term assets ($1.8B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: 0KAS's short term assets ($1.8B) do not cover its long term liabilities ($10.9B).
Debt to Equity History and Analysis
Debt Level: 0KAS's net debt to equity ratio (2789.1%) is considered high.
Reducing Debt: 0KAS's debt to equity ratio has increased from 1463.4% to 2842.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 0KAS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 0KAS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.