Mr. Cooper Group (FRA:07WA) LT-Debt-to-Total-Asset : 0.28 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Mr. Cooper Group LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Mr. Cooper Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.28.

Mr. Cooper Group's long-term debt to total assets ratio increased from Mar. 2023 (0.21) to Mar. 2024 (0.28). It may suggest that Mr. Cooper Group is progressively becoming more dependent on debt to grow their business.

Mr. Cooper Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mr. Cooper Group's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Mr. Cooper Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.42

0.09

0.19

0.21

0.22

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
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.20	0.23	0.22	0.28

Mr. Cooper Group LT-Debt-to-Total-Asset Calculation

Mr. Cooper Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2889.467	/	13017.732
	=	0.22

Mr. Cooper Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	3806.04	/	13593
	=	0.28

Mr. Cooper Group (FRA:07WA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Mr. Cooper Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Mr. Cooper Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mr. Cooper Group Inc (FRA:07WA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

COOP:USA 07WA:Germany

Address

8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019

Website

https://www.mrcoopergroup.com

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

No Headlines