Ocwen Other Liab vs Net Tangible Assets Analysis

OCN Stock  USD 24.33  0.10  0.41%   
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 Other Liab and its Net Tangible Assets 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.

Other Liab vs Net Tangible Assets

Other Liab vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ocwen Financial Other Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ocwen Financial's Other Liab and Net Tangible Assets is -0.07. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Net Tangible Assets 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 Other Liab and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Ocwen Financial are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Liab i.e., Ocwen Financial's Other Liab and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Liab

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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 27th of April 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)
Gross Profit520.9M459.2M972.6M1.0B
Total Revenue1.1B999.5M1.0B807.2M

Ocwen Financial fundamental ratios Correlations

0.95-0.79-0.74-0.37-0.680.95-0.630.510.36-0.16-0.290.510.49-0.510.480.980.070.99-0.140.97-0.21-0.50.0-0.810.62
0.95-0.64-0.55-0.43-0.681.0-0.70.420.4-0.03-0.320.420.43-0.620.310.90.010.95-0.10.88-0.06-0.620.0-0.860.51
-0.79-0.640.910.070.5-0.630.32-0.56-0.040.30.23-0.56-0.20.17-0.53-0.83-0.19-0.750.18-0.870.40.17-0.040.48-0.56
-0.74-0.550.910.130.35-0.540.31-0.420.060.350.18-0.42-0.320.2-0.53-0.81-0.08-0.71-0.04-0.830.650.190.150.44-0.5
-0.37-0.430.070.13-0.14-0.430.91-0.210.320.280.21-0.21-0.470.560.35-0.440.77-0.49-0.38-0.40.290.56-0.180.73-0.21
-0.68-0.680.50.35-0.14-0.680.22-0.46-0.74-0.180.08-0.46-0.290.08-0.7-0.58-0.65-0.620.7-0.6-0.40.08-0.10.38-0.42
0.951.0-0.63-0.54-0.43-0.68-0.70.40.4-0.01-0.330.40.42-0.640.30.890.010.95-0.090.87-0.06-0.63-0.01-0.860.5
-0.63-0.70.320.310.910.22-0.7-0.440.110.250.25-0.44-0.530.60.1-0.670.51-0.73-0.17-0.650.190.6-0.220.9-0.3
0.510.42-0.56-0.42-0.21-0.460.4-0.44-0.01-0.610.271.00.50.220.560.550.250.5-0.530.6-0.030.220.51-0.510.47
0.360.4-0.040.060.32-0.740.40.11-0.010.41-0.04-0.01-0.03-0.030.370.220.570.29-0.450.150.65-0.03-0.17-0.050.08
-0.16-0.030.30.350.28-0.18-0.010.25-0.610.41-0.51-0.61-0.36-0.31-0.21-0.280.19-0.190.02-0.290.47-0.31-0.30.21-0.29
-0.29-0.320.230.180.210.08-0.330.250.27-0.04-0.510.270.180.70.26-0.250.24-0.31-0.36-0.260.060.70.390.31-0.11
0.510.42-0.56-0.42-0.21-0.460.4-0.441.0-0.01-0.610.270.50.220.560.550.250.5-0.530.6-0.030.220.51-0.510.47
0.490.43-0.2-0.32-0.47-0.290.42-0.530.5-0.03-0.360.180.5-0.160.530.52-0.020.51-0.220.54-0.33-0.160.42-0.570.64
-0.51-0.620.170.20.560.08-0.640.60.22-0.03-0.310.70.22-0.160.32-0.450.45-0.56-0.5-0.440.21.00.310.69-0.1
0.480.31-0.53-0.530.35-0.70.30.10.560.37-0.210.260.560.530.320.460.740.39-0.710.51-0.050.320.23-0.090.64
0.980.9-0.83-0.81-0.44-0.580.89-0.670.550.22-0.28-0.250.550.52-0.450.46-0.030.98-0.080.98-0.34-0.450.04-0.80.65
0.070.01-0.19-0.080.77-0.650.010.510.250.570.190.240.25-0.020.450.74-0.03-0.05-0.760.030.430.450.080.290.12
0.990.95-0.75-0.71-0.49-0.620.95-0.730.50.29-0.19-0.310.50.51-0.560.390.98-0.05-0.060.96-0.24-0.560.02-0.870.61
-0.14-0.10.18-0.04-0.380.7-0.09-0.17-0.53-0.450.02-0.36-0.53-0.22-0.5-0.71-0.08-0.76-0.06-0.14-0.55-0.51-0.48-0.11-0.35
0.970.88-0.87-0.83-0.4-0.60.87-0.650.60.15-0.29-0.260.60.54-0.440.510.980.030.96-0.14-0.36-0.430.09-0.80.68
-0.21-0.060.40.650.29-0.4-0.060.19-0.030.650.470.06-0.03-0.330.2-0.05-0.340.43-0.24-0.55-0.360.20.160.21-0.26
-0.5-0.620.170.190.560.08-0.630.60.22-0.03-0.310.70.22-0.161.00.32-0.450.45-0.56-0.51-0.430.20.310.69-0.1
0.00.0-0.040.15-0.18-0.1-0.01-0.220.51-0.17-0.30.390.510.420.310.230.040.080.02-0.480.090.160.31-0.130.32
-0.81-0.860.480.440.730.38-0.860.9-0.51-0.050.210.31-0.51-0.570.69-0.09-0.80.29-0.87-0.11-0.80.210.69-0.13-0.43
0.620.51-0.56-0.5-0.21-0.420.5-0.30.470.08-0.29-0.110.470.64-0.10.640.650.120.61-0.350.68-0.26-0.10.32-0.43
Click cells to compare fundamentals

Ocwen Financial Account Relationship Matchups

Ocwen Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.4B10.7B12.1B12.4B12.5B13.1B
Short Long Term Debt Total8.1B9.3B10.5B10.5B11.4B12.0B
Other Current Liab103.9M131.7M237.5M202.6M(790.5M)(751.0M)
Total Current Liabilities840M1.2B284.5M255.7M219.9M208.9M
Total Stockholder Equity412.0M415.4M476.7M456.7M401.8M706.1M
Property Plant And Equipment Net38.3M16.9M13.7M20.2M13.1M12.4M
Net Debt7.7B9.0B10.3B10.3B11.2B11.7B
Retained Earnings(138.5M)(131.7M)(113.6M)(87.9M)(151.6M)(144.0M)
Cash428.3M284.8M192.8M208M255.1M227.9M
Non Current Assets Total2.1B1.8B2.7B3.1B2.7B2.9B
Non Currrent Assets Other(5.7B)517.8M444.6M312.1M366.3M384.6M
Other Assets6.8B571.5M1K4.5B(200K)(190K)
Cash And Short Term Investments428.3M284.8M192.8M208M255.1M227.9M
Net Receivables6.8B7.6B8.3B8.3B154.8M147.1M
Common Stock Total Equity1.3M1.3M87K92K105.8K100.5K
Common Stock Shares Outstanding9.0M8.7M9.4M9.0M7.6M7.1M
Liabilities And Stockholders Equity10.4B10.7B12.1B12.4B12.5B13.1B
Non Current Liabilities Total10.0B9.0B11.4B11.7B11.9B12.5B
Other Stockholder Equity556.8M556.1M592.6M547M554.5M446.3M
Total Liab10.0B10.2B11.7B11.9B12.1B12.7B
Property Plant And Equipment Gross38.3M16.9M83.8M70.9M63.4M86.6M
Total Current Assets8.3B8.8B9.4B9.3B9.8B10.3B
Accumulated Other Comprehensive Income(7.6M)(9.1M)(2.4M)(2.5M)(1.2M)(1.3M)
Short Term Debt672.0M994.8M44.9M53.1M1.0B583.1M
Common Stock1.3M87K92K100K115K109.3K
Accounts Payable53.0M63.6M94.7M2.1M1.9M1.8M
Other Current Assets(704.7M)(554.9M)(455.4M)(465.6M)(428.2M)(406.8M)
Other Liab761.8M924.0M867.5M475.7M547.1M448.6M
Long Term Debt311.1M311.9M614.8M11.2B10.9B11.4B
Short Term Investments390K23.2M20.4M7.5B11.5M10.9M
Inventory8.6M7.8M10.1M9.8M18.3M19.2M
Intangible Assets1.5B1.3B2.3B2.7B2.3B2.4B
Property Plant Equipment38.3M16.9M13.7M20.2M18.2M26.6M
Net Tangible Assets412.0M415.4M476.7M(2.2B)(2.0B)(1.9B)
Retained Earnings Total Equity3.6M(138.5M)(131.7M)(113.6M)(102.2M)(97.1M)
Long Term Debt Total311.1M311.9M614.8M11.2B12.9B13.6B
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ocwen Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ocwen Financial's short interest history, or implied volatility extrapolated from Ocwen Financial options trading.

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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.
Note that the Ocwen Financial information on this page should be used as a complementary analysis to other Ocwen Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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Is Ocwen Financial's industry 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
(8.34)
Revenue Per Share
139.688
Quarterly Revenue Growth
0.107
Return On Assets
0.0328
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.