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Onity Group (FRA:OW0A) Interest Expense : €0 Mil (TTM As of Jun. 2024)


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What is Onity Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Onity Group's interest expense for the three months ended in Jun. 2024 was € 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 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. Onity Group's Operating Income for the three months ended in Jun. 2024 was € 55 Mil. Onity Group's Interest Expense for the three months ended in Jun. 2024 was € 0 Mil. GuruFocus does not calculate Onity 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.

Onity Group Interest Expense Historical Data

The historical data trend for Onity Group's Interest Expense 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.

Onity Group Interest Expense Chart

Onity Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -102.72 -89.90 -127.41 - -

Onity Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Expense 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 - - - - -

Onity 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 Jun. 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.

Onity Group  (FRA:OW0A) 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.

Onity Group's Interest Expense for the three months ended in Jun. 2024 was €0 Mil. Its Operating Income for the three months ended in Jun. 2024 was €55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €10,656 Mil.

Onity Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

GuruFocus does not calculate Onity 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.

Onity Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Onity Group Inc (FRA:OW0A) » Definitions » Interest Expense
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Traded in Other Exchanges
ONIT:USA 0KAS:UK
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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