What is Mr. Cooper Group Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mr. Cooper Group's interest expense for the
three
months ended in Mar. 2024 was $ 0 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $0 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Mr. Cooper Group's Operating Income for the
three
months ended in Mar. 2024 was $ 235 Mil. Mr. Cooper Group's Interest Expense for the
three
months ended in Mar. 2024 was $ 0 Mil.
GuruFocus does not calculate Mr. Cooper Group's interest coverage with the available data.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Mr. Cooper Group Interest Expense Calculation
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.
* 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.
Mr. Cooper Group (NAS:COOP) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Mr. Cooper Group's Interest Expense for the
three
months ended in Mar. 2024 was $0 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was $235 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was $4,137 Mil.
Mr. Cooper Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
| GuruFocus does not calculate Mr. Cooper Group's interest coverage with the available data. |
* 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.
The higher the ratio, the stronger the company's financial strength is.
Mr. Cooper Group (Mr. Cooper Group) Business Description
Traded in Other Exchanges
Address
8950 Cypress Waters Boulevard, Coppell, TX, USA, 75019
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.
Executives
| Jesse K Bray |
director, officer: President and CEO |
8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019 |
| Shveta Mujumdar |
director |
8950 CYPRESS WATERS BLVD., COPPELL TX 75019 |
| Michael R Rawls |
officer: EVP, Servicing |
8950 CYPRESS WATERS BOULEVARD, COPPELL TX 75019 |
| Carlos M Pelayo |
officer: EVP & Chief Legal Officer |
8950 CYPRESS WATERS BLVD., COPPELL TX 75019 |
| Jaime Gow |
officer: EVP & Chief Financial Officer |
8950 CYPRESS WATERS BLVD., COPPELL TX 75019 |
| Eldridge A. Burns |
officer: EVP and Chief Legal Officer |
8950 CYPRESS WATERS BLVD., COPPELL TX 75019 |
| Daniela Jorge |
director |
8950 CYPRESS WATERS BLVD., COPPELL TX 75019 |
| Kurt G Johnson |
officer: EVP, Chief Risk & Compliance |
8950 CYPRESS WATERS BLVD., COPPELL TX 75019 |
| Robert H Gidel |
director |
677 N WASHINGTON BLVD, SARASOTA FL 34236 |
| Kkr Group Partnership L.p. |
10 percent owner |
C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001 |
| Kkr Wand Investors Corp |
10 percent owner |
9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019 |
| Tagar Olson |
director |
C/O KKR & CO. L.P., 9 W. 57TH ST., SUITE 4200, NEW YORK NY 10019 |
| Anthony L Ebers |
officer: EVP and COO |
888 E. WALNUT STREET, PASADENA CA 91101 |
| Simon Greene |
10 percent owner |
C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019 |
| Christopher G Marshall |
officer: Vice Chairman |
8950 CYPRESS WATERS BLVD., COPPELL TX 75019 |
Mr. Cooper Group (Mr. Cooper Group) Headlines
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