Ditech Holding Corporation (DHCP) financial statements (2022 and earlier)

Company profile

Business Address 1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
State of Incorp. MD
Fiscal Year End December 31
SIC 6162 - Mortgage Bankers and Loan Correspondents (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments188187219217286277478
Cash and cash equivalents188187219217286277478
Total current assets:188187219217286277478
Noncurrent Assets
Property, plant and equipment66717679505866
Long-term investments and receivables  778  
Long-term investments  778  
Intangible assets, net (including goodwill)16323641565757
Goodwill    484848
Intangible assets, net (excluding goodwill)163236419910
Total noncurrent assets:82103119127115115124
Other undisclosed assets11,01512,04512,49113,38413,76414,58814,994
TOTAL ASSETS:11,28512,33512,82813,72914,16414,98015,596
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1,5421,5501,3791,3901,0851,1781,332
Total current liabilities:1,5421,5501,3791,3901,0851,1781,332
Noncurrent Liabilities
Long-term debt and lease obligation, including:     2,0232,117
Other undisclosed long-term debt and lease obligation     2,0232,117
Liabilities, other than long-term debt4565555677
Deferred revenue and credits5050   
Deferred gain on sale of property 50  
Liability for uncertainty in income taxes4666677
Total noncurrent liabilities:456555562,0302,124
Other undisclosed liabilities9,75710,67411,30312,15413,52312,00812,252
Total liabilities:11,30312,28012,73713,59814,61315,21615,708
Stockholders' equity
Stockholders' equity attributable to parent(18)5591130(449)(236)(113)
Preferred stock0000   
Common stock0000000
Additional paid in capital187186186184598598597
Accumulated other comprehensive income0000111
Accumulated deficit(205)(131)(95)(54)(1,049)(836)(712)
Total stockholders' equity:(18)5591130(449)(236)(113)
TOTAL LIABILITIES AND EQUITY:11,28512,33512,82813,72914,16414,98015,596

Income statement (P&L) ($ in millions)

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
Revenues16520519991201177209
Contractually specified servicing fee, late fee, and ancillary fee earned in exchange for servicing financial asset119124  
Gain on disposition of assets for financial service operations4347  
Other operating income36342613352526
Financial services revenue17377144138162
Cost of revenue(476)(147)(150)(81)(852)(163)(172)
Gross profit:(312)574810(652)1437
Operating expenses247(105)(101)(64)430(140)(121)
Other operating income (expense), net382(1)0   
Operating loss:(27)(46)(54)(54)(222)(127)(84)
Nonoperating income (expense)(12)101302073(9)
Investment income, nonoperating(12)1013043(9)
Mortgage servicing rights (msr) impairment (recovery)    203  
Interest and debt expense(63)(58)(58)(30)(78)(62)(61)
Loss from continuing operations before equity method investments, income taxes:(102)(94)(99)(84)(94)(185)(153)
Other undisclosed income (loss) from continuing operations before income taxes25575930(125)6261
Loss from continuing operations before income taxes:(77)(37)(40)(54)(218)(124)(93)
Income tax expense (benefit)30(0)(0)5(0)(2)
Net loss available to common stockholders, diluted:(74)(37)(40)(54)(213)(124)(94)

Comprehensive Income ($ in millions)

12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
Net loss:(74)(37)(40)(54)(213)(124)(94)
Other comprehensive income (loss)0  0(0)  
Comprehensive loss:(74)(37)(40)(54)(213)(124)(94)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (0)0  0(0)
Comprehensive loss, net of tax, attributable to parent:(74)(37)(40)(54)(213)(124)(94)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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