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PHH (PHH) LT-Debt-to-Total-Asset : 0.10 (As of Jun. 2018)


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What is PHH 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. PHH's long-term debt to total assests ratio for the quarter that ended in Jun. 2018 was 0.10.

PHH's long-term debt to total assets ratio declined from Jun. 2017 (0.42) to Jun. 2018 (0.10). It may suggest that PHH is progressively becoming less dependent on debt to grow their business.

PHH LT-Debt-to-Total-Asset Historical Data

The historical data trend for PHH'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.

PHH LT-Debt-to-Total-Asset Chart

PHH Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.42 0.39 0.21 0.08

PHH Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.30 0.08 0.10 0.10

PHH LT-Debt-to-Total-Asset Calculation

PHH's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )/Total Assets (A: Dec. 2017 )
=147/1811
=0.08

PHH's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (Q: Jun. 2018 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2018 )/Total Assets (Q: Jun. 2018 )
=145/1442
=0.10

* 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.

PHH  (NYSE:PHH) 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.

PHH LT-Debt-to-Total-Asset Related Terms

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PHH (PHH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PHH Corp (NYSE:PHH) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
Website
http://corporate.phh.com
PHH Corp originates and services residential mortgage loans in the United States. It operates in two segments namely Mortgage Production and Mortgage Servicing. The company generates revenue in three ways: through fees on mortgage loan initiation; by selling on the secondary market loans that it initiated; and by servicing loans. The company outsources its services to clients that include financial institutions and real estate brokers. It also generally retains the servicing rights on loans it has sold and acts as a subservicer on behalf of other clients that own serving rights. Servicing typically generates the most revenue for the company, but each of the three sources of income are substantial.
Executives
James C Neuhauser director 100 NORTH 17TH STREET, ARLINGTON VA 22209
Alberino J Celini officer: Senior VP, Risk and Compliance 226 LANDIS AVENUE, VINELAND NJ 08360
James O Egan director 280 PARK AVE 37TH FLR WEST TOWER NEW YORK NY 10017
Charles P Pizzi director C/O TASTY BAKING COMPANY, NAVY YARD CORP. CTR., THREE CRESCENT DR., PHILADELPHIA PA 19112
Carroll R Wetzel director C/O ARCH WIRELESS INC, 1800 WEST PARK DR #250, WESTBOROUGH MA 01581
Jane D Carlin director C/O PHH CORPORATION, 3000 LEADENHALL ROAD, MT. LAUREL NJ 08054
Michael R Bogansky officer: SVP & CFO C/O PHH CORPORATION 3000 LEADENHALL ROAD MT. LAUREL NJ 08054
Kevin Stein director 3000 LEADENHALL RD., MAILSTOP PCLG, MOUNT LAUREL NJ 08054
Silver Point Capital L.p. 10 percent owner TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Edward A Mule 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Glen A. Messina director, officer: President and CEO 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Thomas P Gibbons director THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286
Allan Z Loren director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Citadel Gp Llc 10 percent owner 131 DEARBORN ST., 32ND FLOOR, CHICAGO IL 60603
Surveyor Capital Ltd. 10 percent owner 131 S. DEARBORN ST., 32ND FLOOR, CHICAGO IL 60603