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Mr. Cooper Group (FRA:07WA) Interest Expense : €0 Mil (TTM As of Mar. 2024)


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What is Mr. Cooper Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mr. Cooper Group's interest expense for the three months ended in Mar. 2024 was € 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €0 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Mr. Cooper Group's Operating Income for the three months ended in Mar. 2024 was € 216 Mil. Mr. Cooper Group's Interest Expense for the three months ended in Mar. 2024 was € 0 Mil. GuruFocus does not calculate Mr. Cooper Group's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Mr. Cooper Group Interest Expense Historical Data

The historical data trend for Mr. Cooper Group's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mr. Cooper Group Interest Expense Chart

Mr. Cooper Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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Mr. Cooper Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Mr. Cooper Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Mr. Cooper Group  (FRA:07WA) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mr. Cooper Group's Interest Expense for the three months ended in Mar. 2024 was €0 Mil. Its Operating Income for the three months ended in Mar. 2024 was €216 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €3,806 Mil.

Mr. Cooper Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Mr. Cooper Group's interest coverage with the available data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Mr. Cooper Group (FRA:07WA) Business Description

Traded in Other Exchanges
Address
8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019
Mr. Cooper Group Inc is a home loan servicer. The company focuses on delivering a variety of servicing and lending products. It has two operating segments namely Servicing segment which performs operational activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, and customer service and The Originations segment originates residential mortgage loans through a direct-to-consumer channel, which provides refinance options for existing customers, and through a correspondent channel, which purchases or originates loans from mortgage bankers and brokers.

Mr. Cooper Group (FRA:07WA) Headlines

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