Home Point Capital (Home Point Capital) Debt-to-Asset : 0.62 (As of Mar. 2023)

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What is Home Point Capital Debt-to-Asset?

Home Point Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $410.50 Mil. Home Point Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $891.88 Mil. Home Point Capital's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2023 was $2,113.15 Mil. Home Point Capital's debt to asset for the quarter that ended in Mar. 2023 was 0.62.

Home Point Capital Debt-to-Asset Historical Data

The historical data trend for Home Point Capital'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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Home Point Capital Debt-to-Asset Chart

Home Point Capital Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Asset

0.42

0.65

0.47

0.82

0.59

Home Point Capital Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Asset	Get a 7-Day Free Trial											0.71	0.68	0.59	0.59	0.62

Competitive Comparison of Home Point Capital's Debt-to-Asset

For the Mortgage Finance subindustry, Home Point Capital'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.

Home Point Capital's Debt-to-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Home Point Capital's Debt-to-Asset falls into.

Home Point Capital Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Home Point Capital's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(497.481	+	941.083)	/	2438.192
	=	0.59

Home Point Capital's Debt-to-Asset for the quarter that ended in Mar. 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
	=	(410.497	+	891.875)	/	2113.15
	=	0.62

Home Point Capital (NAS:HMPT) 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.

Home Point Capital Debt-to-Asset Related Terms

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Home Point Capital (Home Point Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Home Point Capital Inc (NAS:HMPT) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2211 Old Earhart Road, Suite 250, Ann Arbor, MI, USA, 48105

Website

https://www.homepointfinancial.com

Home Point Capital Inc is engaged in the residential mortgage business. The company's products and services include Conventional Mortgages, FHA Loans, VA Loans for Veterans, and USDA Loans. It operates in two separate reportable segments: Origination and Servicing. Nearly all of its revenue comes from its Origination segment, which originates and sells residential real estate mortgage loans in the United States through the consumer direct third-party originations and correspondent channels that offer a variety of loan programs.

Executives

Lisa G Patterson	officer: Chief Administrative Officer	C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Joanna Zabriskie	director	C/O HOME POINT CAPITAL INC., 211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
John S Forlines	officer: Chief Risk Officer	C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Jean Weng	officer: General Counsel	C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Phillip Martin Miller	officer: Chief Operating Officer	C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Shoemaker Jr. Phillip R.	officer: President of Originations	C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Trident Vi Parallel Fund, L.p.	10 percent owner	STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
William Andrew Newman	director, officer: President & CEO	C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Maria N. Fregosi	officer: Chief Investment Officer	C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Stone Point Gp Ltd.	10 percent owner	C/O CITCO TRUSTEES (CAYMAN) LIMITED, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-1205
Eric L. Rosenzweig	director	C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Brian R. Ludtke	officer: Chief Administrative Officer	C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Perry Hilzendeger	officer: President of Servicing	C/O HOME POINT CAPITAL INC., 2211 OLD EARHART ROAD, SUITE 250, ANN ARBOR MI 48105
Trident Vi Professionals Fund, L.p.	10 percent owner	STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Mark Elbaum	officer: Chief Financial Officer