COOP Retained Earnings vs Accounts Payable Analysis
COOP Stock | USD 98.33 0.04 0.04% |
Mr Cooper financial indicator trend analysis is infinitely more than just investigating Mr Cooper Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mr Cooper Group is a good investment. Please check the relationship between Mr Cooper Retained Earnings and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Mr Cooper Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Retained Earnings vs Accounts Payable
Retained Earnings vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mr Cooper Group Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Mr Cooper's Retained Earnings and Accounts Payable is 0.46. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Mr Cooper Group, assuming nothing else is changed. The correlation between historical values of Mr Cooper's Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Mr Cooper Group are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Mr Cooper's Retained Earnings and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Accounts Payable
An accounting item on the balance sheet that represents Mr Cooper obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mr Cooper Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Mr Cooper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mr Cooper Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Mr Cooper Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. At this time, Mr Cooper's Tax Provision is relatively stable compared to the past year. As of 11/29/2024, Enterprise Value Over EBITDA is likely to grow to 17.52, while Issuance Of Capital Stock is likely to drop slightly above 600.8 M.
Mr Cooper fundamental ratios Correlations
Click cells to compare fundamentals
Mr Cooper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mr Cooper fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 18.3B | 24.2B | 14.2B | 12.8B | 14.2B | 13.5B | |
Common Stock Shares Outstanding | 92.1M | 94.5M | 85.8M | 73.8M | 68.5M | 53.3M | |
Short Long Term Debt Total | 13.2B | 16.6B | 13.4B | 9.0B | 7.5B | 7.1B | |
Total Stockholder Equity | 2.2B | 2.5B | 3.4B | 4.1B | 4.3B | 5.3B | |
Property Plant And Equipment Net | 112M | 116M | 98M | 65M | 53M | 50.4M | |
Net Debt | 12.4B | 12.6B | 6.8B | 5.0B | 6.9B | 6.5B | |
Retained Earnings | 1.1B | 1.4B | 2.9B | 3.8B | 4.3B | 4.1B | |
Cash | 329M | 695M | 895M | 527M | 571M | 542.5M | |
Non Current Assets Total | 6.3B | 11.3B | 7.6B | 10.2B | 10.4B | 10.9B | |
Non Currrent Assets Other | 1.2B | 7.2B | 2.2B | 2.7B | 616M | 646.8M | |
Cash And Short Term Investments | 329M | 695M | 895M | 527M | 571M | 542.5M | |
Liabilities And Stockholders Equity | 18.3B | 24.2B | 14.2B | 12.8B | 14.2B | 13.5B | |
Non Current Liabilities Total | 9.1B | 7.5B | 3.4B | 3.2B | 8.9B | 8.4B | |
Other Current Assets | (7.9B) | (1.8B) | (2.3B) | 1.1B | 1.1B | 1.0B | |
Other Stockholder Equity | (2.2B) | (2.9B) | (5.8B) | (7.6B) | (21M) | (22.1M) | |
Total Liab | 16.1B | 21.7B | 10.8B | 8.7B | 9.9B | 9.4B | |
Property Plant And Equipment Gross | 233M | 116M | 220M | 187M | 194M | 184.3M | |
Total Current Assets | 12.0B | 12.8B | 6.7B | 2.6B | 2.7B | 2.5B | |
Total Current Liabilities | 7.0B | 14.2B | 7.4B | 5.5B | 6.3B | 6.0B | |
Other Current Liab | 1.6B | 5.2B | 1.5B | 1.9B | (2.0B) | (1.9B) | |
Accumulated Other Comprehensive Income | 2.2B | 2.5B | 3.4B | 4.1B | 4.3B | 4.5B | |
Other Assets | 1.6B | 22.4B | (107M) | 10.5M | 1.1B | 1.1B | |
Short Term Investments | 135M | 414M | 134M | 22M | 19.8M | 18.8M | |
Net Receivables | 7.3B | 6.2B | 1.2B | 1.0B | 996M | 946.2M | |
Intangible Assets | 3.5B | 2.7B | 4.2B | 6.7B | 9.1B | 9.6B | |
Other Liab | 2.7B | 8.4B | 3.2B | 1.2B | 1.3B | 1.7B | |
Accounts Payable | 423M | 7.4B | 2.4B | 2.6B | 2.0B | 1.3B | |
Net Tangible Assets | (1.5B) | 2.5B | 3.4B | 4.1B | 4.7B | 4.9B | |
Long Term Debt | 13.2B | 9.8B | 2.7B | 6.1B | 3.2B | 5.7B | |
Retained Earnings Total Equity | 1.1B | 1.4B | 2.9B | 3.8B | 4.4B | 4.6B | |
Capital Surpluse | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 654.2M | |
Inventory | (952M) | (135M) | 7.7B | 6.8B | 7.8B | 8.2B | |
Long Term Investments | 4.1B | 5.7B | 4.4B | 893M | 1.0B | 1.7B |
Pair Trading with Mr Cooper
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mr Cooper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mr Cooper will appreciate offsetting losses from the drop in the long position's value.Moving together with COOP Stock
0.72 | V | Visa Class A | PairCorr |
0.82 | DHIL | Diamond Hill Investment | PairCorr |
0.7 | DIST | Distoken Acquisition | PairCorr |
Moving against COOP Stock
The ability to find closely correlated positions to Mr Cooper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mr Cooper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mr Cooper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mr Cooper Group to buy it.
The correlation of Mr Cooper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mr Cooper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mr Cooper Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mr Cooper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for COOP Stock Analysis
When running Mr Cooper's price analysis, check to measure Mr Cooper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mr Cooper is operating at the current time. Most of Mr Cooper's value examination focuses on studying past and present price action to predict the probability of Mr Cooper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mr Cooper's price. Additionally, you may evaluate how the addition of Mr Cooper to your portfolios can decrease your overall portfolio volatility.