Ocwen Financial Corp.
Onity Group Inc., a financial services company, originates and services forward and reserve mortgage loans in the United States, the United States Virgin Islands, India, and the Philippines. The company operates through the Servicing and Originations segments. The company offers owned mortgage servicing rights and subservicing products; conventional, government-insured, and non-agency mortgage lo… Read more
Ocwen Financial Corp. (0KAS) - Net Assets
Latest net assets as of September 2021: $469.87 Million USD
Based on the latest financial reports, Ocwen Financial Corp. (0KAS) has net assets worth $469.87 Million USD as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.04 Billion) and total liabilities ($11.57 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $469.87 Million |
| % of Total Assets | 3.9% |
| Annual Growth Rate | -10.69% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.68 |
Ocwen Financial Corp. - Net Assets Trend (2016–2020)
This chart illustrates how Ocwen Financial Corp.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ocwen Financial Corp. (2016–2020)
The table below shows the annual net assets of Ocwen Financial Corp. from 2016 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $415.37 Million | +0.82% |
| 2019-12-31 | $412.01 Million | -25.72% |
| 2018-12-31 | $554.71 Million | +1.77% |
| 2017-12-31 | $545.04 Million | -16.53% |
| 2016-12-31 | $652.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ocwen Financial Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 204.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $87.00K | 0.02% |
| Other Components | $546.97 Million | 131.68% |
| Total Equity | $415.37 Million | 100.00% |
Ocwen Financial Corp. Competitors by Market Cap
The table below lists competitors of Ocwen Financial Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hidrovias do Brasil S.A
SA:HBSA3
|
$253.61 Million |
|
AUCTION TECH.GRP.LS-0001
F:684
|
$253.66 Million |
|
Xiangyang BOYA Precision Industrial Equipments Co. Ltd
SHE:300971
|
$253.70 Million |
|
Clinuvel Pharmaceuticals Ltd
AU:CUV
|
$253.71 Million |
|
Sichuan Qiaoyuan Gas Co.Ltd
SHE:301286
|
$253.51 Million |
|
Beijing Seeyon Internet Software Cp
SHG:688369
|
$253.48 Million |
|
CATARC Automotive Proving Ground Co.Ltd.
SHE:301215
|
$253.37 Million |
|
Entree Resources Ltd
OTCQB:ERLFF
|
$253.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ocwen Financial Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 412,011,000 to 415,372,000, a change of 3,361,000 (0.8%).
- Net loss of 40,178,000 reduced equity.
- Share repurchases of 4,605,000 reduced equity.
- Other factors increased equity by 48,144,000.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-40.18 Million | -9.67% |
| Share Repurchases | $4.61 Million | -1.11% |
| Other Changes | $48.14 Million | +11.59% |
| Total Change | $- | 0.82% |
Book Value vs Market Value Analysis
This analysis compares Ocwen Financial Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Insufficient data available to analyze book value vs market value.
Capital Efficiency Dashboard
This dashboard shows how efficiently Ocwen Financial Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.18%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 25.64x
- Recent ROE (-9.67%) is above the historical average (-22.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -30.59% | -14.40% | 0.18x | 11.72x | $-265.06 Million |
| 2017 | -23.48% | -10.71% | 0.14x | 15.42x | $-182.47 Million |
| 2018 | -12.76% | -6.66% | 0.11x | 16.94x | $-126.24 Million |
| 2019 | -34.50% | -12.65% | 0.11x | 25.26x | $-183.33 Million |
| 2020 | -9.67% | -4.18% | 0.09x | 25.64x | $-81.72 Million |
Industry Comparison
This section compares Ocwen Financial Corp.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ocwen Financial Corp. (0KAS) | $469.87 Million | -30.59% | 24.62x | $253.54 Million |
| Nyfosa AB (0A0K) | $3.48 Billion | 34.90% | 2.92x | $966.63 Million |
| Tethys Oil AB (0A1V) | $56.23 Million | 21.07% | 0.01x | $122.95 Million |
| High Templar Tech Limited (0A2T) | $11.29 Billion | 0.81% | 0.10x | $258.25 Million |
| Strategy Inc (0A7O) | $361.50 Million | 1.39% | 0.55x | $38.08 Billion |
| NACON SASU (0A9N) | $210.72 Million | 8.63% | 0.51x | $7.82 Million |
| Antin Infrastructure Partners (0AA5) | $32.26 Million | 152.50% | 1.23x | $545.92 Million |
| Truecaller AB Series B (0AA7) | $1.51 Billion | 34.81% | 0.30x | $277.14 Million |
| Brockhaus Technologies AG (0AAW) | $315.34 Million | 15.55% | 1.46x | $74.17 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $-10.19 Million | 0.00% | 0.00x | $71.96 Million |
| Kalray S.A. (0ABT) | $39.07 Million | -59.55% | 1.26x | $33.84 Million |