Ocwen Total Assets vs Long Term Investments Analysis
OCN Stock | USD 24.65 0.66 2.61% |
Ocwen Financial financial indicator trend analysis is much more than just breaking down Ocwen Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ocwen Financial is a good investment. Please check the relationship between Ocwen Financial Total Assets and its Long Term Investments accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocwen Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Ocwen Stock, please use our How to Invest in Ocwen Financial guide.
Total Assets vs Long Term Investments
Total Assets vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ocwen Financial Total Assets account and Long Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ocwen Financial's Total Assets and Long Term Investments is 0.29. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Ocwen Financial, assuming nothing else is changed. The correlation between historical values of Ocwen Financial's Total Assets and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Ocwen Financial are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Total Assets i.e., Ocwen Financial's Total Assets and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of Ocwen Financial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ocwen Financial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Long Term Investments
Long Term Investments is an item on the asset side of Ocwen Financial balance sheet that represents investments Ocwen Financial intends to hold for over a year. Ocwen Financial long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Ocwen Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ocwen Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocwen Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Ocwen Stock, please use our How to Invest in Ocwen Financial guide.As of the 5th of June 2024, Enterprise Value is likely to grow to about 12 B, while Selling General Administrative is likely to drop about 101.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 144.0M | 186M | 273.6M | 199.0M | Depreciation And Amortization | 10.3M | 14.8M | 12.1M | 11.5M |
Ocwen Financial fundamental ratios Correlations
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Ocwen Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ocwen Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 10.4B | 10.7B | 12.1B | 12.4B | 12.5B | 13.1B | |
Short Long Term Debt Total | 8.1B | 9.3B | 10.5B | 10.5B | 11.4B | 12.0B | |
Other Current Liab | 103.9M | 131.7M | 237.5M | 202.6M | (790.5M) | (751.0M) | |
Total Current Liabilities | 840M | 1.2B | 284.5M | 255.7M | 219.9M | 208.9M | |
Total Stockholder Equity | 412.0M | 415.4M | 476.7M | 456.7M | 401.8M | 706.1M | |
Property Plant And Equipment Net | 38.3M | 16.9M | 13.7M | 20.2M | 13.1M | 12.4M | |
Net Debt | 7.7B | 9.0B | 10.3B | 10.3B | 11.2B | 11.7B | |
Retained Earnings | (138.5M) | (131.7M) | (113.6M) | (87.9M) | (151.6M) | (144.0M) | |
Cash | 428.3M | 284.8M | 192.8M | 208M | 255.1M | 227.9M | |
Non Current Assets Total | 2.1B | 1.8B | 2.7B | 3.1B | 2.7B | 2.9B | |
Non Currrent Assets Other | (5.7B) | 517.8M | 444.6M | 312.1M | 366.3M | 384.6M | |
Other Assets | 6.8B | 571.5M | 1K | 4.5B | (200K) | (190K) | |
Cash And Short Term Investments | 428.3M | 284.8M | 192.8M | 208M | 255.1M | 227.9M | |
Net Receivables | 6.8B | 7.6B | 8.3B | 8.3B | 154.8M | 147.1M | |
Common Stock Total Equity | 1.3M | 1.3M | 87K | 92K | 105.8K | 100.5K | |
Common Stock Shares Outstanding | 9.0M | 8.7M | 9.4M | 9.0M | 7.6M | 7.1M | |
Liabilities And Stockholders Equity | 10.4B | 10.7B | 12.1B | 12.4B | 12.5B | 13.1B | |
Non Current Liabilities Total | 10.0B | 9.0B | 11.4B | 11.7B | 11.9B | 12.5B | |
Other Stockholder Equity | 556.8M | 556.1M | 592.6M | 547M | 554.5M | 445.6M | |
Total Liab | 10.0B | 10.2B | 11.7B | 11.9B | 12.1B | 12.7B | |
Property Plant And Equipment Gross | 38.3M | 16.9M | 83.8M | 70.9M | 63.4M | 86.6M | |
Total Current Assets | 8.3B | 8.8B | 9.4B | 9.3B | 9.8B | 10.3B | |
Accumulated Other Comprehensive Income | (7.6M) | (9.1M) | (2.4M) | (2.5M) | (1.2M) | (1.3M) | |
Short Term Debt | 672.0M | 994.8M | 44.9M | 53.1M | 1.0B | 583.1M | |
Common Stock | 1.3M | 87K | 92K | 100K | 115K | 109.3K | |
Accounts Payable | 53.0M | 63.6M | 94.7M | 2.1M | 1.9M | 1.8M | |
Other Current Assets | (704.7M) | (554.9M) | (455.4M) | (465.6M) | (428.2M) | (406.8M) | |
Other Liab | 761.8M | 924.0M | 867.5M | 475.7M | 547.1M | 448.6M | |
Long Term Debt | 311.1M | 311.9M | 614.8M | 11.2B | 10.9B | 11.4B | |
Short Term Investments | 390K | 23.2M | 20.4M | 7.5B | 11.5M | 10.9M | |
Inventory | 8.6M | 7.8M | 10.1M | 9.8M | 18.3M | 19.2M | |
Intangible Assets | 1.5B | 1.3B | 2.3B | 2.7B | 2.3B | 2.4B | |
Property Plant Equipment | 38.3M | 16.9M | 13.7M | 20.2M | 18.2M | 26.6M | |
Net Tangible Assets | 412.0M | 415.4M | 476.7M | (2.2B) | (2.0B) | (1.9B) | |
Retained Earnings Total Equity | 3.6M | (138.5M) | (131.7M) | (113.6M) | (102.2M) | (97.1M) | |
Long Term Debt Total | 311.1M | 311.9M | 614.8M | 11.2B | 12.9B | 13.6B |
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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocwen Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Ocwen Stock, please use our How to Invest in Ocwen Financial guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.