Ocwen Financial (LTS:0KAS) Debt-to-Asset : 0.88 (As of Mar. 2024)

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What is Ocwen Financial Debt-to-Asset?

Ocwen Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $54 Mil. Ocwen Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $11,441 Mil. Ocwen Financial's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $13,090 Mil. Ocwen Financial's debt to asset for the quarter that ended in Mar. 2024 was 0.88.

Ocwen Financial Debt-to-Asset Historical Data

The historical data trend for Ocwen Financial's Debt-to-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.

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Ocwen Financial Debt-to-Asset Chart

Ocwen Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.83

0.87

0.86

0.84

0.87

Ocwen Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.85	0.85	0.84	0.87	0.88

Competitive Comparison of Ocwen Financial's Debt-to-Asset

For the Mortgage Finance subindustry, Ocwen Financial's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Ocwen Financial's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ocwen Financial's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ocwen Financial's Debt-to-Asset falls into.

Ocwen Financial Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ocwen Financial's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(52	+	10878.4)	/	12513.7
	=	0.87

Ocwen Financial's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(53.7	+	11441.4)	/	13090.1
	=	0.88

Ocwen Financial (LTS:0KAS) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Ocwen Financial Debt-to-Asset Related Terms

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Ocwen Financial (LTS:0KAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ocwen Financial Corp (LTS:0KAS) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

OCN:USA

Address

1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409

Website

https://www.ocwen.com

Ocwen Financial Corp is a financial service company that services and originates loans. Its business segment includes Servicing and Lending. Servicing segment provides residential and commercial mortgage loan servicing, special servicing and asset management services. Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The company generates a majority of its revenue from the Servicing segment. Geographically, it generates a majority of its revenue from the United States.

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