Mr. Cooper Group Balance Sheet Health
Financial Health criteria checks 3/6
Mr. Cooper Group has a total shareholder equity of $4.6B and total debt of $10.2B, which brings its debt-to-equity ratio to 220.7%. Its total assets and total liabilities are $16.2B and $11.5B respectively. Mr. Cooper Group's EBIT is $735.0M making its interest coverage ratio -40.8. It has cash and short-term investments of $774.0M.
Key information
220.7%
Debt to equity ratio
US$10.24b
Debt
| Interest coverage ratio | -40.8x |
| Cash | US$774.00m |
| Equity | US$4.64b |
| Total liabilities | US$11.55b |
| Total assets | US$16.19b |
Recent financial health updates
No updates
Recent updates
Holding With Mr. Cooper: Not A Buy Or Sell
Oct 16It's A Story Of Risk Vs Reward With Mr. Cooper Group Inc. (NASDAQ:COOP)
Jul 26
Mr. Cooper Group Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Apr 28Sentiment Still Eluding Mr. Cooper Group Inc. (NASDAQ:COOP)
Apr 05Mr. Cooper: Potential $1 Trillion Loan Portfolio At 10x Earnings
Feb 15Mr. Cooper Q2 2022 Earnings Preview
Jul 26Mr. Cooper Group: Prepare For A Soft Q2
May 11Mr. Cooper Group: Cheap Mortgage Firm To Take Advantage Of Rising Rates
Apr 11Mr. Cooper Group: Revenues To Naturally Decline After This Year
Sep 10Financial Position Analysis
Short Term Liabilities: COOP's short term assets ($5.0B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: COOP's short term assets ($5.0B) do not cover its long term liabilities ($9.1B).
Debt to Equity History and Analysis
Debt Level: COOP's net debt to equity ratio (204%) is considered high.
Reducing Debt: COOP's debt to equity ratio has reduced from 789% to 220.7% over the past 5 years.
Debt Coverage: COOP's debt is not well covered by operating cash flow (2%).
Interest Coverage: COOP earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 21:28 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mr. Cooper Group Inc. is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark DeVries | Barclays |
| Terry Ma | Barclays |
| Jonathan Ellis | BofA Global Research |