Onity Debt Ratio from 2010 to 2024

ONIT Stock   29.78  0.46  1.52%   
Onity Debt Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Ratio will likely drop to 11.50 in 2024. From the period from 2010 to 2024, Onity Debt Ratio quarterly data regression had r-value of  0.72 and coefficient of variation of  101.93. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
21.06848773
Current Value
11.5
Quarterly Volatility
9.00442933
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Onity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Onity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 729 M, Total Revenue of 870.6 M or Gross Profit of 748.5 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.0 or PTB Ratio of 0.0231. Onity financial statements analysis is a perfect complement when working with Onity Valuation or Volatility modules.
  
Check out the analysis of Onity Correlation against competitors.

Latest Onity's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Onity Group over the last few years. It is Onity's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Onity's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Onity Debt Ratio Regression Statistics

Arithmetic Mean8.83
Geometric Mean4.12
Coefficient Of Variation101.93
Mean Deviation7.74
Median6.38
Standard Deviation9.00
Sample Variance81.08
Range25.7195
R-Value0.72
Mean Square Error41.75
R-Squared0.52
Significance0
Slope1.45
Total Sum of Squares1,135

Onity Debt Ratio History

2024 11.5
2023 21.07
2022 18.69
2021 14.82
2020 18.28
2019 6.38
2018 8.04

Other Fundumenentals of Onity Group

Onity Debt Ratio component correlations

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-0.810.99-0.92-0.93-0.870.730.990.43-0.89-0.89-0.80.80.810.810.840.810.740.74
-0.850.99-0.94-0.94-0.870.710.970.5-0.9-0.9-0.730.740.760.760.790.770.690.71
0.89-0.92-0.940.950.75-0.83-0.88-0.420.780.790.58-0.56-0.68-0.67-0.67-0.66-0.66-0.63
0.94-0.93-0.940.950.77-0.79-0.9-0.40.790.80.67-0.66-0.75-0.75-0.76-0.74-0.73-0.7
0.57-0.87-0.870.750.77-0.37-0.9-0.680.991.00.77-0.76-0.82-0.82-0.83-0.79-0.76-0.73
-0.790.730.71-0.83-0.79-0.370.650.02-0.39-0.41-0.450.420.520.520.490.480.530.46
-0.760.990.97-0.88-0.9-0.90.650.42-0.91-0.92-0.850.850.850.850.90.860.780.82
-0.310.430.5-0.42-0.4-0.680.020.42-0.68-0.67-0.140.130.320.320.270.320.30.2
0.62-0.89-0.90.780.790.99-0.39-0.91-0.681.00.75-0.75-0.78-0.79-0.8-0.76-0.72-0.69
0.62-0.89-0.90.790.81.0-0.41-0.92-0.671.00.76-0.75-0.81-0.82-0.82-0.79-0.76-0.72
0.47-0.8-0.730.580.670.77-0.45-0.85-0.140.750.76-0.99-0.92-0.92-0.95-0.87-0.84-0.81
-0.470.80.74-0.56-0.66-0.760.420.850.13-0.75-0.75-0.990.890.890.930.860.80.8
-0.50.810.76-0.68-0.75-0.820.520.850.32-0.78-0.81-0.920.891.00.980.960.980.9
-0.50.810.76-0.67-0.75-0.820.520.850.32-0.79-0.82-0.920.891.00.980.950.980.89
-0.510.840.79-0.67-0.76-0.830.490.90.27-0.8-0.82-0.950.930.980.980.980.940.95
-0.490.810.77-0.66-0.74-0.790.480.860.32-0.76-0.79-0.870.860.960.950.980.930.97
-0.470.740.69-0.66-0.73-0.760.530.780.3-0.72-0.76-0.840.80.980.980.940.930.9
-0.460.740.71-0.63-0.7-0.730.460.820.2-0.69-0.72-0.810.80.90.890.950.970.9
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About Onity Financial Statements

Onity shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although Onity investors may analyze each financial statement separately, they are all interrelated. The changes in Onity's assets and liabilities, for example, are also reflected in the revenues and expenses on on Onity's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Ratio 21.07  11.50 

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Additional Tools for Onity Stock Analysis

When running Onity's price analysis, check to measure Onity'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 Onity is operating at the current time. Most of Onity's value examination focuses on studying past and present price action to predict the probability of Onity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Onity's price. Additionally, you may evaluate how the addition of Onity to your portfolios can decrease your overall portfolio volatility.