COOP Other Current Assets vs Common Stock Shares Outstanding Analysis

COOP Stock  USD 81.83  1.12  1.35%   
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 Other Current Assets and its Common Stock Shares Outstanding 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.

Other Current Assets vs Common Stock Shares Outstanding

Other Current Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mr Cooper Group Other Current Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mr Cooper's Other Current Assets and Common Stock Shares Outstanding is -0.37. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Other Current Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Mr Cooper Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Assets i.e., Mr Cooper's Other Current Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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

0.570.790.74-0.070.960.630.80.850.550.80.88-0.340.750.990.630.870.930.9-0.010.05-0.05-0.030.070.710.6
0.570.450.39-0.010.610.350.450.490.30.450.58-0.370.530.570.40.50.560.53-0.29-0.28-0.32-0.3-0.170.380.18
0.790.450.540.010.820.40.560.630.090.560.79-0.40.670.790.450.730.710.88-0.18-0.14-0.22-0.19-0.330.620.47
0.740.390.54-0.680.640.970.90.950.720.90.48-0.330.170.630.790.340.710.75-0.19-0.09-0.21-0.17-0.110.160.86
-0.07-0.010.01-0.680.0-0.76-0.42-0.53-0.56-0.420.10.00.50.06-0.380.37-0.06-0.120.250.160.230.220.180.38-0.67
0.960.610.820.640.00.50.690.760.470.690.96-0.430.840.970.570.90.860.86-0.14-0.09-0.18-0.15-0.050.780.48
0.630.350.40.97-0.760.50.880.910.720.880.33-0.250.00.510.780.190.620.65-0.15-0.06-0.16-0.13-0.060.020.87
0.80.450.560.9-0.420.690.880.920.691.00.49-0.360.290.730.770.480.850.84-0.12-0.04-0.16-0.12-0.040.210.72
0.850.490.630.95-0.530.760.910.920.750.920.59-0.380.340.780.720.490.870.85-0.21-0.12-0.25-0.21-0.120.290.77
0.550.30.090.72-0.560.470.720.690.750.690.3-0.240.050.490.490.220.590.42-0.080.04-0.09-0.070.190.090.58
0.80.450.560.9-0.420.690.881.00.920.690.49-0.360.290.730.770.480.850.84-0.12-0.04-0.16-0.12-0.040.210.72
0.880.580.790.480.10.960.330.490.590.30.49-0.30.90.90.420.910.70.71-0.1-0.07-0.13-0.11-0.020.890.37
-0.34-0.37-0.4-0.330.0-0.43-0.25-0.36-0.38-0.24-0.36-0.3-0.32-0.33-0.62-0.22-0.48-0.540.60.580.620.60.53-0.010.0
0.750.530.670.170.50.840.00.290.340.050.290.9-0.320.820.250.930.630.59-0.06-0.09-0.1-0.090.00.880.0
0.990.570.790.630.060.970.510.730.780.490.730.9-0.330.820.550.930.910.870.030.08-0.020.010.10.790.51
0.630.40.450.79-0.380.570.780.770.720.490.770.42-0.620.250.550.370.60.68-0.12-0.09-0.14-0.11-0.040.160.65
0.870.50.730.340.370.90.190.480.490.220.480.91-0.220.930.930.370.730.70.190.20.150.170.230.930.3
0.930.560.710.71-0.060.860.620.850.870.590.850.7-0.480.630.910.60.730.93-0.16-0.1-0.22-0.19-0.090.480.48
0.90.530.880.75-0.120.860.650.840.850.420.840.71-0.540.590.870.680.70.93-0.22-0.16-0.26-0.23-0.260.460.57
-0.01-0.29-0.18-0.190.25-0.14-0.15-0.12-0.21-0.08-0.12-0.10.6-0.060.03-0.120.19-0.16-0.220.991.01.00.920.30.24
0.05-0.28-0.14-0.090.16-0.09-0.06-0.04-0.120.04-0.04-0.070.58-0.090.08-0.090.2-0.1-0.160.990.980.990.910.30.34
-0.05-0.32-0.22-0.210.23-0.18-0.16-0.16-0.25-0.09-0.16-0.130.62-0.1-0.02-0.140.15-0.22-0.261.00.981.00.910.270.23
-0.03-0.3-0.19-0.170.22-0.15-0.13-0.12-0.21-0.07-0.12-0.110.6-0.090.01-0.110.17-0.19-0.231.00.991.00.910.280.27
0.07-0.17-0.33-0.110.18-0.05-0.06-0.04-0.120.19-0.04-0.020.530.00.1-0.040.23-0.09-0.260.920.910.910.910.330.22
0.710.380.620.160.380.780.020.210.290.090.210.89-0.010.880.790.160.930.480.460.30.30.270.280.330.23
0.60.180.470.86-0.670.480.870.720.770.580.720.370.00.00.510.650.30.480.570.240.340.230.270.220.23
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Mr Cooper Account Relationship Matchups

Mr Cooper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets18.3B24.2B14.2B12.8B14.2B13.5B
Common Stock Shares Outstanding92.1M94.5M85.8M73.8M68.5M49.3M
Short Long Term Debt Total12.7B13.3B7.7B5.6B7.9B7.5B
Total Stockholder Equity2.2B2.5B3.4B4.1B4.3B5.3B
Property Plant And Equipment Net112M116M98M65M53M50.4M
Net Debt12.4B12.6B6.8B5.0B7.2B6.8B
Retained Earnings1.1B1.4B2.9B3.8B4.3B4.1B
Cash329M695M895M527M740M703M
Non Current Assets Total6.3B11.3B7.6B10.2B11.5B12.1B
Non Currrent Assets Other1.2B7.2B2.2B2.7B11.9B12.5B
Cash And Short Term Investments329M695M895M527M740M703M
Liabilities And Stockholders Equity18.3B24.2B14.2B12.8B14.2B13.5B
Non Current Liabilities Total9.1B7.5B3.4B3.2B3.6B3.4B
Other Current Assets(7.9B)(1.8B)(2.3B)1.1B(1.7B)(1.6B)
Other Stockholder Equity1.1B1.1B487M254M(21M)(22.1M)
Total Liab16.1B21.7B10.8B8.7B9.9B9.4B
Property Plant And Equipment Gross233M116M220M187M194M184.3M
Total Current Assets12.0B12.8B6.7B2.6B2.7B2.5B
Total Current Liabilities7.0B14.2B7.4B5.5B6.3B6.0B
Other Current Liab1.6B5.2B1.5B1.9B32M30.4M
Other Assets1.6B22.4B(107M)10.5M14.2B24.9B
Net Receivables7.3B6.2B1.2B1.0B996M946.2M
Intangible Assets3.5B2.7B4.2B6.7B9.1B9.6B
Other Liab2.7B8.4B3.2B1.2B1.3B1.7B
Accounts Payable423M7.4B2.4B2.6B2.0B1.3B
Net Tangible Assets(1.5B)2.5B3.4B4.1B4.7B4.9B
Long Term Debt13.2B9.8B2.7B6.1B3.2B5.7B
Retained Earnings Total Equity1.1B1.4B2.9B3.8B4.4B4.6B
Capital Surpluse1.1B1.1B1.1B1.1B1.3B654.2M
Inventory(952M)(135M)7.7B6.8B7.8B8.2B
Long Term Investments4.1B5.7B4.4B893M1.0B1.7B

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Additional Tools for COOP Stock Analysis

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.