Ocwen Financial Corporation (OCN)

Add to Watchlists Create an Alert
41.15 +0.14  +0.34%   NYSE May 24, 8:00PM BATS Real time Currency in USD

Ocwen Financial Corporation Current Ratio:

0.3351 for Dec. 31, 2012
View Full Chart

Ocwen Financial Corporation Current Ratio Chart

    Ocwen Financial Corporation Historical Current Ratio Data

    Pro Data Export
    Dates:  to
    Viewing 1 of 2   First  Previous First    Next  Last   Last

    There is no data for the selected date range.

    Data for this Date Range  
    Dec. 31, 2012 0.3351
    Sept. 30, 2012 0.6626
    June 30, 2012 0.3722
    March 31, 2012 1.355
    Dec. 31, 2011 0.4268
    Sept. 30, 2011 0.3696
    June 30, 2011 3.793
    March 31, 2011 2.308
    Dec. 31, 2010 0.8619
    Sept. 30, 2010 0.1008
    June 30, 2010 1.99
    March 31, 2010 2.984
    Dec. 31, 2009 0.303
    Sept. 30, 2009 0.3795
    June 30, 2009 2.150
    March 31, 2009 1.446
    Dec. 31, 2008 0.226
    Sept. 30, 2008 0.205
    June 30, 2008 0.169
    March 31, 2008 Go Pro
    Dec. 31, 2007 Go Pro
    Sept. 30, 2007 Go Pro
    June 30, 2007 Go Pro
    March 31, 2007 Go Pro
    Dec. 31, 2006 Go Pro
       
    Sept. 30, 2006 Go Pro
    June 30, 2006 Go Pro
    March 31, 2006 Go Pro
    Dec. 31, 2005 Go Pro
    Sept. 30, 2005 Go Pro
    June 30, 2005 Go Pro
    March 31, 2005 Go Pro
    Dec. 31, 2004 Go Pro
    Sept. 30, 2004 Go Pro
    June 30, 2004 Go Pro
    March 31, 2004 Go Pro
    Dec. 31, 2003 Go Pro
    Sept. 30, 2003 Go Pro
    June 30, 2003 Go Pro
    March 31, 2003 Go Pro
    Dec. 31, 2002 Go Pro
    Sept. 30, 2002 Go Pro
    June 30, 2002 Go Pro
    March 31, 2002 Go Pro
    Dec. 31, 2001 Go Pro
    Sept. 30, 2001 Go Pro
    June 30, 2001 Go Pro
    March 31, 2001 Go Pro
    Dec. 31, 2000 Go Pro
    Sept. 30, 2000 Go Pro

    About Current Ratio

    The current ratio measures a company's ability to pay short-term debts and other current liabilities (financial obligations lasting less than one year) by comparing current assets to current liabilities. The ratio illustrates a company's ability to remain solvent.

    A current ratio of one means that book value of current assets is exactly the same as book value of current liabilities. In general, investors look for a company with a current ratio of 2:1, meaning current assets twice as large as current liabilities. A current ratio less than one indicates the company might have problems meeting short-term financial obligations. If the ratio is too high, the company may not be efficiently using its current assets or short term financing facilities.

    Other similar solvency ratios include :
    Cash Ratio - Measures the amount of cash that can be used to pay liabilities (most strict)
    Quick Ratio - Measures the amount of cash, short term equivalents, and accounts receivables that can be used to pay liabilities (more lenient than cash ratio, but stricter than current ratio)
    Learn More

    Get data for

    OCN Current Ratio Benchmarks

    Companies
    Walter Investment Management 0.9282
    Nationstar Mortgage 0.5816
    Bank of America Corporation 4.382

    OCN Current Ratio Rankings

    Overall 41st percentile
    4692 of 8011
    Sector 46th percentile
    514 of 954 in Financial Services
    Industry 54th percentile
    59 of 129 in Savings & Cooperative Banks

    OCN Current Ratio Range, Past 5 Years

    Minimum 0.1008 Sep 2010
    Maximum 3.793 Jun 2011
    Average 1.076