Ocwen Current Ratio from 2010 to 2024
OCN Stock | USD 24.65 0.66 2.61% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 44.53660755 | Current Value 46.76 | Quarterly Volatility 15.78836773 |
Check Ocwen Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocwen Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.5 M, Interest Expense of 199 M or Selling General Administrative of 101.3 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 7.0E-4 or PTB Ratio of 0.56. Ocwen financial statements analysis is a perfect complement when working with Ocwen Financial Valuation or Volatility modules.
Ocwen | Current Ratio |
Latest Ocwen Financial's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of Ocwen Financial over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Ocwen Financial's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ocwen Financial's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 1.33 X | 10 Years Trend |
|
Current Ratio |
Timeline |
Ocwen Current Ratio Regression Statistics
Arithmetic Mean | 15.94 | |
Geometric Mean | 6.54 | |
Coefficient Of Variation | 99.07 | |
Mean Deviation | 12.95 | |
Median | 9.26 | |
Standard Deviation | 15.79 | |
Sample Variance | 249.27 | |
Range | 46.7255 | |
R-Value | 0.86 | |
Mean Square Error | 70.07 | |
R-Squared | 0.74 | |
Significance | 0.00004 | |
Slope | 3.03 | |
Total Sum of Squares | 3,490 |
Ocwen Current Ratio History
About Ocwen Financial Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ocwen Financial income statement, its balance sheet, and the statement of cash flows. Ocwen Financial investors use historical funamental indicators, such as Ocwen Financial's Current Ratio, to determine how well the company is positioned to perform in the future. Although Ocwen Financial investors may use each financial statement separately, they are all related. The changes in Ocwen Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ocwen Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ocwen Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ocwen Financial. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Current Ratio | 44.54 | 46.76 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Ocwen Stock
When determining whether Ocwen Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ocwen Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ocwen Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ocwen Financial Stock:Check out the analysis of Ocwen Financial Correlation against competitors. To learn how to invest in Ocwen Stock, please use our How to Invest in Ocwen Financial guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ocwen Financial. If investors know Ocwen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ocwen Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.75) | Earnings Share 0.74 | Revenue Per Share 135.923 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0312 |
The market value of Ocwen Financial is measured differently than its book value, which is the value of Ocwen that is recorded on the company's balance sheet. Investors also form their own opinion of Ocwen Financial's value that differs from its market value or its book value, called intrinsic value, which is Ocwen Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ocwen Financial's market value can be influenced by many factors that don't directly affect Ocwen Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ocwen Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ocwen Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ocwen Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.