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
Ocwen Financial Corporation: Need More To Make This A Buy
Jul 18Analysts Are Updating Their Ocwen Financial Corporation (NYSE:OCN) Estimates After Its First-Quarter Results
May 06
Is Now The Time To Put Ocwen Financial (NYSE:OCN) On Your Watchlist?
Mar 02Ocwen Financial names CEO Messina as board chair
Jan 23Ocwen Financial Q3 2022 Earnings Preview
Nov 02Ocwen: Fundamental Stability And Strategy Amidst Market Volatility
Aug 31Time To Worry? Analysts Just Downgraded Their Ocwen Financial Corporation (NYSE:OCN) Outlook
Mar 01Ocwen Financial agrees to acquire Reverse Mortgage Servicing Platform
Jun 18Here's Why Shareholders May Want To Be Cautious With Increasing Ocwen Financial Corporation's (NYSE:OCN) CEO Pay Packet
May 19Ocwen Financial's(NYSE:OCN) Share Price Is Down 70% Over The Past Five Years.
Dec 24Recent developments at Ocwen may generate $80B-$100B new servicing UPB
Dec 22Ocwen Financial Headed In The Right Direction But Wait For Positive Earnings
Dec 17Financial Position Analysis
Short Term Liabilities: OCN's short term assets ($1.8B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: OCN's short term assets ($1.8B) do not cover its long term liabilities ($10.9B).
Debt to Equity History and Analysis
Debt Level: OCN's net debt to equity ratio (2789.1%) is considered high.
Reducing Debt: OCN'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 OCN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if OCN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.