Ocwen Financial (FRA:OW0A) LT-Debt-to-Total-Asset : 0.87 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Ocwen Financial 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. Ocwen Financial's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.87.

Ocwen Financial's long-term debt to total assets ratio increased from Mar. 2023 (0.85) to Mar. 2024 (0.87). It may suggest that Ocwen Financial is progressively becoming more dependent on debt to grow their business.

Ocwen Financial LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ocwen Financial'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.

Ocwen Financial LT-Debt-to-Total-Asset Chart

Ocwen Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.75

0.87

0.86

0.84

0.87

Ocwen Financial 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															0.85	0.85	0.83	0.87	0.87

Ocwen Financial LT-Debt-to-Total-Asset Calculation

Ocwen Financial'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 )
	=	9975.493	/	11475.063
	=	0.87

Ocwen Financial'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 )
	=	10526.088	/	12042.892
	=	0.87

Ocwen Financial (FRA:OW0A) 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.

Ocwen Financial LT-Debt-to-Total-Asset Related Terms

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

Ocwen Financial (FRA:OW0A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ocwen Financial Corp (FRA:OW0A) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

OCN:USA

Address

1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409

Website

https://www.ocwen.com

Ocwen Financial Corp is a financial service company that services and originates loans. Its business segment includes Servicing and Lending. Servicing segment provides residential and commercial mortgage loan servicing, special servicing and asset management services. Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The company generates a majority of its revenue from the Servicing segment. Geographically, it generates a majority of its revenue from the United States.

Ocwen Financial (FRA:OW0A) Headlines

No Headlines