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Mr. Cooper Group (Mr. Cooper Group) Debt-to-EBITDA : 22.72 (As of Dec. 2023)


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

Debt-to-EBITDA measures a company's ability to pay off its debt.

Mr. Cooper Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,302 Mil. Mr. Cooper Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,151 Mil. Mr. Cooper Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $328 Mil. Mr. Cooper Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 22.72.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

COOP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.38   Med: 8.34   Max: 249.22
Current: 11.45

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mr. Cooper Group was 249.22. The lowest was -0.38. And the median was 8.34.

COOP's Debt-to-EBITDA is ranked worse than
53.13% of 32 companies
in the Banks industry
Industry Median: 11.065 vs COOP: 11.45

Mr. Cooper Group Debt-to-EBITDA Historical Data

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

Mr. Cooper Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 249.22 13.66 5.23 5.22 11.45

Mr. Cooper Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA 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 173.69 26.46 7.30 5.50 22.72

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

For the Mortgage Finance subindustry, Mr. Cooper Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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-EBITDA Distribution in the Banks Industry

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

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



Mr. Cooper Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4302 + 3151) / 651
=11.45

Mr. Cooper Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4302 + 3151) / 328
=22.72

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Mr. Cooper Group  (NAS:COOP) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Mr. Cooper Group Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Mr. Cooper Group's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


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