MR. COOPER GROUP INC Current Ratio

Current Ratio of COOP for past 10 years: annual, quarterly and twelve month trailing (TTM) including Current Ratio growth rates and interactive chart. The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations. It is calculated as current assets divided by current liabilities. A ratio below 1 indicates potential trouble for a company, as it doesn't have enough current assets to pay for its short-term liabilities. A ratio above 2 is usually considered healthy.


Highlights and Quick Summary

  • Current Ratio for the quarter ending June 29, 2020 was 0.42 (a 15.16% increase compared to previous quarter)
  • Year-over-year quarterly Current Ratio increased by 15.76%
  • Annual Current Ratio for 2019 was 0.37 (a -16.74% decrease from previous year)
  • Annual Current Ratio for 2018 was 0.44 (a -40.15% decrease from previous year)
  • Annual Current Ratio for 2017 was 0.73 (a -97.44% decrease from previous year)
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Historical Current Ratio of MR. COOPER GROUP INC

Most recent Current Ratioof COOP including historical data for past 10 years.

Interactive Chart of Current Ratio of MR. COOPER GROUP INC

MR. COOPER GROUP INC Current Ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 0.42 0.36
2019 0.37 0.36 0.34 0.38 0.37
2018 0.44 0.45 2215.52 1480.62 0.44
2017 0.73 731.51 31.92 30.85 0.73
2016 28.6 25.67 24.67 24.19 28.6
2015 20.59 16.28 15.77 15.12 20.59
2014 1.54 1.54
2013 0.09 0.08

Business Profile of MR. COOPER GROUP INC

Sector: Finance
Industry: Finance
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. The company operates through Servicing, Originations, and Xome segments. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans as well as operates as a subservicer for various clients that own the underlying servicing rights. The Originations segment originates, purchases, and sells mortgage loans. The Xome segment offers technology and data enhanced solutions to home buyers, home sellers, mortgage professionals, real estate professionals, and companies engaged in the servicing and origination of mortgage loans. It operates primarily under the Mr. Cooper and Xome brands. The company was formerly known as WMIH Corp. and changed its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. is based in Coppell, Texas.