Mr. Cooper Group (FRA:07WA) Debt-to-Equity : 1.87 (As of Mar. 2024)

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What is Mr. Cooper Group Debt-to-Equity?

Mr. Cooper Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3,760 Mil. Mr. Cooper Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3,806 Mil. Mr. Cooper Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €4,053 Mil. Mr. Cooper Group's debt to equity for the quarter that ended in Mar. 2024 was 1.87.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Mr. Cooper Group's Debt-to-Equity or its related term are showing as below:

FRA:07WA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 1.65 Max: 8.36
Current: 1.87

During the past 13 years, the highest Debt-to-Equity Ratio of Mr. Cooper Group was 8.36. The lowest was 0.03. And the median was 1.65.

FRA:07WA's Debt-to-Equity is ranked worse than
81.81% of 1396 companies
in the Banks industry
Industry Median: 0.65 vs FRA:07WA: 1.87

Mr. Cooper Group Debt-to-Equity Historical Data

The historical data trend for Mr. Cooper Group's Debt-to-Equity 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 Debt-to-Equity Chart

Mr. Cooper Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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5.69

3.33

2.28

1.37

1.74

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
Debt-to-Equity	Get a 7-Day Free Trial															1.41	1.52	1.56	1.74	1.87

Competitive Comparison of Mr. Cooper Group's Debt-to-Equity

For the Mortgage Finance subindustry, Mr. Cooper Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mr. Cooper Group's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mr. Cooper Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mr. Cooper Group's Debt-to-Equity falls into.

Mr. Cooper Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mr. Cooper Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3944.934	+	2889.467)	/	3926.594
	=	1.74

Mr. Cooper Group's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3760.04	+	3806.04)	/	4052.6
	=	1.87

Mr. Cooper Group (FRA:07WA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Mr. Cooper Group Debt-to-Equity Related Terms

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

Industry

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

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.

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