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
Sentiment Still Eluding Mr. Cooper Group Inc. (NASDAQ:COOP)
Apr 05
Mr. Cooper: Potential $1 Trillion Loan Portfolio At 10x Earnings
Feb 15Not Many Are Piling Into Mr. Cooper Group Inc. (NASDAQ:COOP) Just Yet
Dec 19Why Investors Shouldn't Be Surprised By Mr. Cooper Group Inc.'s (NASDAQ:COOP) Low P/E
Apr 04Mr. Cooper Q2 2022 Earnings Preview
Jul 26Mr. Cooper Group: Prepare For A Soft Q2
May 11Do Mr. Cooper Group's (NASDAQ:COOP) Earnings Warrant Your Attention?
May 10Mr. Cooper Group: Cheap Mortgage Firm To Take Advantage Of Rising Rates
Apr 11Mr. Cooper Group: Revenues To Naturally Decline After This Year
Sep 10Shareholders May Not Be So Generous With Mr. Cooper Group Inc.'s (NASDAQ:COOP) CEO Compensation And Here's Why
May 07CFPB looks into payment error made by Mr. Cooper vendor ACI Worldwide
Apr 28Financial Position Analysis
Short Term Liabilities: COOP's short term assets ($3.7B) exceed its short term liabilities ($867.0M).
Long Term Liabilities: COOP's short term assets ($3.7B) do not cover its long term liabilities ($9.5B).
Debt to Equity History and Analysis
Debt Level: COOP's net debt to equity ratio (193%) is considered high.
Reducing Debt: COOP's debt to equity ratio has reduced from 752.5% to 206.1% over the past 5 years.
Debt Coverage: COOP's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: COOP earns more interest than it pays, so coverage of interest payments is not a concern.