Ocwen Short Term Debt vs Property Plant And Equipment Net Analysis
OCN Stock | USD 27.06 0.01 0.04% |
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 Short Term Debt and its Property Plant And Equipment Net 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.
Short Term Debt vs Property Plant And Equipment Net
Short Term Debt vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ocwen Financial Short Term Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ocwen Financial's Short Term Debt and Property Plant And Equipment Net is -0.4. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Property Plant And Equipment Net 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 Short Term Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Ocwen Financial are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Short Term Debt i.e., Ocwen Financial's Short Term Debt and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Short Term Debt
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.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 9th of May 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 Profit | 520.9M | 459.2M | 972.6M | 1.0B | Total Revenue | 1.1B | 999.5M | 1.0B | 807.2M |
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 ArchitectCheck 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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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 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.