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
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 04:48 |
| End of Day Share Price | 2025/01/17 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 20 analysts. 7 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 |