COOP Net Debt vs Total Current Liabilities Analysis
COOP Stock | USD 81.81 0.02 0.02% |
Mr Cooper financial indicator trend analysis is infinitely more than just investigating Mr Cooper Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mr Cooper Group is a good investment. Please check the relationship between Mr Cooper Net Debt and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mr Cooper Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Net Debt vs Total Current Liabilities
Net Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mr Cooper Group Net Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mr Cooper's Net Debt and Total Current Liabilities is 0.86. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Mr Cooper Group, assuming nothing else is changed. The correlation between historical values of Mr Cooper's Net Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Mr Cooper Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Debt i.e., Mr Cooper's Net Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Current Liabilities
Total Current Liabilities is an item on Mr Cooper balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Mr Cooper Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Mr Cooper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mr Cooper Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mr Cooper Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Mr Cooper's Tax Provision is relatively stable compared to the past year. As of 06/08/2024, Enterprise Value Over EBITDA is likely to grow to 21.84, while Issuance Of Capital Stock is likely to drop slightly above 600.8 M.
Mr Cooper fundamental ratios Correlations
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Mr Cooper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mr Cooper fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.3B | 24.2B | 14.2B | 12.8B | 14.2B | 13.5B | |
Common Stock Shares Outstanding | 92.1M | 94.5M | 85.8M | 73.8M | 68.5M | 49.3M | |
Short Long Term Debt Total | 12.7B | 13.3B | 7.7B | 5.6B | 7.9B | 7.5B | |
Total Stockholder Equity | 2.2B | 2.5B | 3.4B | 4.1B | 4.3B | 5.3B | |
Property Plant And Equipment Net | 112M | 116M | 98M | 65M | 53M | 50.4M | |
Net Debt | 12.4B | 12.6B | 6.8B | 5.0B | 7.2B | 6.8B | |
Retained Earnings | 1.1B | 1.4B | 2.9B | 3.8B | 4.3B | 4.1B | |
Cash | 329M | 695M | 895M | 527M | 740M | 703M | |
Non Current Assets Total | 6.3B | 11.3B | 7.6B | 10.2B | 11.5B | 12.1B | |
Non Currrent Assets Other | 1.2B | 7.2B | 2.2B | 2.7B | 11.9B | 12.5B | |
Cash And Short Term Investments | 329M | 695M | 895M | 527M | 740M | 703M | |
Liabilities And Stockholders Equity | 18.3B | 24.2B | 14.2B | 12.8B | 14.2B | 13.5B | |
Non Current Liabilities Total | 9.1B | 7.5B | 3.4B | 3.2B | 3.6B | 3.4B | |
Other Current Assets | (7.9B) | (1.8B) | (2.3B) | 1.1B | (1.7B) | (1.6B) | |
Other Stockholder Equity | 1.1B | 1.1B | 487M | 254M | (21M) | (22.1M) | |
Total Liab | 16.1B | 21.7B | 10.8B | 8.7B | 9.9B | 9.4B | |
Property Plant And Equipment Gross | 233M | 116M | 220M | 187M | 194M | 184.3M | |
Total Current Assets | 12.0B | 12.8B | 6.7B | 2.6B | 2.7B | 2.5B | |
Total Current Liabilities | 7.0B | 14.2B | 7.4B | 5.5B | 6.3B | 6.0B | |
Other Current Liab | 1.6B | 5.2B | 1.5B | 1.9B | 32M | 30.4M | |
Other Assets | 1.6B | 22.4B | (107M) | 10.5M | 14.2B | 24.9B | |
Net Receivables | 7.3B | 6.2B | 1.2B | 1.0B | 996M | 946.2M | |
Intangible Assets | 3.5B | 2.7B | 4.2B | 6.7B | 9.1B | 9.6B | |
Other Liab | 2.7B | 8.4B | 3.2B | 1.2B | 1.3B | 1.7B | |
Accounts Payable | 423M | 7.4B | 2.4B | 2.6B | 2.0B | 1.3B | |
Net Tangible Assets | (1.5B) | 2.5B | 3.4B | 4.1B | 4.7B | 4.9B | |
Long Term Debt | 13.2B | 9.8B | 2.7B | 6.1B | 3.2B | 5.7B | |
Retained Earnings Total Equity | 1.1B | 1.4B | 2.9B | 3.8B | 4.4B | 4.6B | |
Capital Surpluse | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 654.2M | |
Inventory | (952M) | (135M) | 7.7B | 6.8B | 7.8B | 8.2B | |
Long Term Investments | 4.1B | 5.7B | 4.4B | 893M | 1.0B | 1.7B |
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When running Mr Cooper's price analysis, check to measure Mr Cooper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mr Cooper is operating at the current time. Most of Mr Cooper's value examination focuses on studying past and present price action to predict the probability of Mr Cooper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mr Cooper's price. Additionally, you may evaluate how the addition of Mr Cooper to your portfolios can decrease your overall portfolio volatility.