Ocwen Financial (FRA:OW0A) Total Current Assets : €9,387 Mil (As of Mar. 2024)

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What is Ocwen Financial Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ocwen Financial's total current assets for the quarter that ended in Mar. 2024 was €9,387 Mil.

Ocwen Financial Total Current Assets Historical Data

The historical data trend for Ocwen Financial's Total Current Assets 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.

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Ocwen Financial Total Current Assets Chart

Ocwen Financial Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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7,529.64

7,246.78

8,318.91

8,818.28

8,980.73

Ocwen Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															9,032.15	9,412.75	9,156.08	8,980.73	9,386.58

Ocwen Financial Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Ocwen Financial's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	184.867	+	8076.569	+	0	+	719.295
	=	8,981

Ocwen Financial's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	170.292	+	8566.58	+	0	+	649.704
	=	9,387

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Ocwen Financial (FRA:OW0A) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Ocwen Financial's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	170.292	-	11645.36	+	0.75 * 132.204	+	0.5 * 0
=	-11,376

Ocwen Financial Total Current Assets Related Terms

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Ocwen Financial (FRA:OW0A) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ocwen Financial Corp (FRA:OW0A) » Definitions » Total Current Assets

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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.

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