COOP Net Income vs Operating Income Analysis

COOP Stock

USD 98.33 1.24 1.28%

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 Net Income and its Operating Income 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.

Net Income vs Operating Income

Net Income vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mr Cooper Group Net Income account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Mr Cooper's Net Income and Operating Income is 0.81. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Operating Income 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 Net Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Mr Cooper Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Income i.e., Mr Cooper's Net Income and Operating Income go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Mr Cooper Group financial statement analysis. It represents the amount of money remaining after all of Mr Cooper Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Operating Income

Operating Income is the amount of profit realized from Mr Cooper Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Mr Cooper Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 11/22/2024, 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

	Total Assets	Common Stock Shares Outstanding	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Total Current Liabilities	Short Term Debt	Other Current Liab	Other Assets	Common Stock	Good Will	Short Term Investments	Net Receivables	Intangible Assets
Total Assets		0.1	0.97	0.74	-0.07	0.96	0.63	0.82	0.87	0.53	0.82	0.88	-0.26	-0.44	0.99	0.63	0.9	0.83	0.8	-0.02	0.05	-0.05	-0.03	0.06	0.71	0.6
Common Stock Shares Outstanding	0.1		0.23	-0.05	0.12	0.21	-0.04	0.1	0.08	-0.14	0.1	0.12	-0.43	-0.14	0.12	0.04	0.09	0.27	0.37	-0.54	-0.56	-0.55	-0.55	-0.59	0.02	-0.22
Short Long Term Debt Total	0.97	0.23		0.68	0.02	0.96	0.56	0.83	0.82	0.52	0.83	0.82	-0.38	-0.53	0.96	0.63	0.88	0.88	0.87	-0.14	-0.11	-0.19	-0.16	-0.06	0.68	0.46
Total Stockholder Equity	0.74	-0.05	0.68		-0.68	0.63	0.97	0.85	0.94	0.32	0.85	0.71	-0.11	-0.49	0.63	0.79	0.4	0.43	0.44	-0.21	-0.09	-0.21	-0.17	-0.11	0.16	0.86
Property Plant And Equipment Net	-0.07	0.12	0.02	-0.68		0.02	-0.76	-0.3	-0.48	0.05	-0.3	-0.26	-0.27	0.08	0.06	-0.38	0.31	0.3	0.29	0.28	0.16	0.23	0.22	0.18	0.38	-0.67
Net Debt	0.96	0.21	0.96	0.63	0.02		0.49	0.7	0.78	0.46	0.7	0.93	-0.36	-0.31	0.97	0.56	0.92	0.79	0.79	-0.14	-0.09	-0.18	-0.15	-0.05	0.79	0.47
Retained Earnings	0.63	-0.04	0.56	0.97	-0.76	0.49		0.82	0.89	0.3	0.82	0.6	-0.02	-0.51	0.51	0.78	0.25	0.32	0.31	-0.17	-0.06	-0.16	-0.13	-0.06	0.02	0.87
Cash	0.82	0.1	0.83	0.85	-0.3	0.7	0.82		0.9	0.49	1.0	0.62	-0.23	-0.67	0.76	0.76	0.57	0.73	0.7	-0.12	-0.05	-0.15	-0.12	-0.03	0.26	0.65
Non Current Assets Total	0.87	0.08	0.82	0.94	-0.48	0.78	0.89	0.9		0.48	0.9	0.78	-0.21	-0.54	0.8	0.72	0.57	0.67	0.63	-0.23	-0.12	-0.25	-0.22	-0.12	0.32	0.74
Non Currrent Assets Other	0.53	-0.14	0.52	0.32	0.05	0.46	0.3	0.49	0.48		0.49	0.34	-0.14	-0.33	0.54	0.27	0.45	0.58	0.26	0.02	0.04	-0.02	-0.01	0.35	0.3	0.07
Cash And Short Term Investments	0.82	0.1	0.83	0.85	-0.3	0.7	0.82	1.0	0.9	0.49		0.62	-0.23	-0.67	0.76	0.76	0.57	0.73	0.7	-0.12	-0.05	-0.15	-0.12	-0.03	0.26	0.65
Non Current Liabilities Total	0.88	0.12	0.82	0.71	-0.26	0.93	0.6	0.62	0.78	0.34	0.62		-0.19	-0.08	0.86	0.55	0.79	0.52	0.55	-0.15	-0.06	-0.16	-0.14	-0.04	0.71	0.63
Other Current Assets	-0.26	-0.43	-0.38	-0.11	-0.27	-0.36	-0.02	-0.23	-0.21	-0.14	-0.23	-0.19		0.32	-0.27	-0.48	-0.24	-0.46	-0.53	0.56	0.59	0.59	0.58	0.52	-0.06	0.24
Other Stockholder Equity	-0.44	-0.14	-0.53	-0.49	0.08	-0.31	-0.51	-0.67	-0.54	-0.33	-0.67	-0.08	0.32		-0.38	-0.61	-0.23	-0.63	-0.61	0.1	0.15	0.15	0.12	0.1	0.0	-0.27
Total Liab	0.99	0.12	0.96	0.63	0.06	0.97	0.51	0.76	0.8	0.54	0.76	0.86	-0.27	-0.38		0.55	0.94	0.85	0.82	0.03	0.08	-0.02	0.01	0.1	0.79	0.51
Property Plant And Equipment Gross	0.63	0.04	0.63	0.79	-0.38	0.56	0.78	0.76	0.72	0.27	0.76	0.55	-0.48	-0.61	0.55		0.41	0.43	0.5	-0.14	-0.09	-0.14	-0.11	-0.04	0.16	0.65
Total Current Assets	0.9	0.09	0.88	0.4	0.31	0.92	0.25	0.57	0.57	0.45	0.57	0.79	-0.24	-0.23	0.94	0.41		0.78	0.77	0.19	0.2	0.14	0.16	0.23	0.92	0.36
Total Current Liabilities	0.83	0.27	0.88	0.43	0.3	0.79	0.32	0.73	0.67	0.58	0.73	0.52	-0.46	-0.63	0.85	0.43	0.78		0.92	-0.11	-0.11	-0.18	-0.16	-0.07	0.55	0.16
Short Term Debt	0.8	0.37	0.87	0.44	0.29	0.79	0.31	0.7	0.63	0.26	0.7	0.55	-0.53	-0.61	0.82	0.5	0.77	0.92		-0.16	-0.17	-0.22	-0.2	-0.24	0.56	0.23
Other Current Liab	-0.02	-0.54	-0.14	-0.21	0.28	-0.14	-0.17	-0.12	-0.23	0.02	-0.12	-0.15	0.56	0.1	0.03	-0.14	0.19	-0.11	-0.16		0.98	1.0	1.0	0.91	0.31	0.21
Other Assets	0.05	-0.56	-0.11	-0.09	0.16	-0.09	-0.06	-0.05	-0.12	0.04	-0.05	-0.06	0.59	0.15	0.08	-0.09	0.2	-0.11	-0.17	0.98		0.98	0.99	0.91	0.3	0.34
Common Stock	-0.05	-0.55	-0.19	-0.21	0.23	-0.18	-0.16	-0.15	-0.25	-0.02	-0.15	-0.16	0.59	0.15	-0.02	-0.14	0.14	-0.18	-0.22	1.0	0.98		1.0	0.91	0.27	0.23
Good Will	-0.03	-0.55	-0.16	-0.17	0.22	-0.15	-0.13	-0.12	-0.22	-0.01	-0.12	-0.14	0.58	0.12	0.01	-0.11	0.16	-0.16	-0.2	1.0	0.99	1.0		0.91	0.28	0.27
Short Term Investments	0.06	-0.59	-0.06	-0.11	0.18	-0.05	-0.06	-0.03	-0.12	0.35	-0.03	-0.04	0.52	0.1	0.1	-0.04	0.23	-0.07	-0.24	0.91	0.91	0.91	0.91		0.33	0.22
Net Receivables	0.71	0.02	0.68	0.16	0.38	0.79	0.02	0.26	0.32	0.3	0.26	0.71	-0.06	0.0	0.79	0.16	0.92	0.55	0.56	0.31	0.3	0.27	0.28	0.33		0.23
Intangible Assets	0.6	-0.22	0.46	0.86	-0.67	0.47	0.87	0.65	0.74	0.07	0.65	0.63	0.24	-0.27	0.51	0.65	0.36	0.16	0.23	0.21	0.34	0.23	0.27	0.22	0.23

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Mr Cooper Account Relationship Matchups

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	3.8B	3.6B
Total Current Liabilities	7.0B	14.2B	7.4B	5.5B	998M	948.1M
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	14.2B	24.9B
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

0.62	V	Visa Class A	Pair Corr
0.67	DHIL	Diamond Hill Investment	Pair Corr
0.64	DIST	Distoken Acquisition	Pair Corr

Moving against COOP Stock

0.57

Pintec Technology

Pair Corr

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.

Pair Correlation Correlation Matching

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.

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