Ditech Holding Corporation (DHCP) financial statements (2020 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
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments188286225203320492
Cash and cash equivalents188286225203320492
Disposal group, including discontinued operation  13   
Total current assets:188286237203320492
Noncurrent Assets
Property, plant and equipment665083106125156
Long-term investments and receivables 81923  
Long-term investments 81923  
Intangible assets, net (including goodwill)165659452679780
Goodwill 4848368575658
Intangible assets, net (excluding goodwill)1691184104122
Total noncurrent assets:82115161581804936
Other undisclosed assets11,01513,76416,06117,80817,86815,960
TOTAL ASSETS:11,28514,16416,45918,59218,99217,388
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1,5421,0851,2031,3401,177 
Total current liabilities:1,5421,0851,2031,3401,177 
Noncurrent Liabilities
Long-term debt and lease obligation, including:  2,1292,1572,268 
Capital lease obligations   02 
Other undisclosed long-term debt and lease obligation  2,1292,1572,266 
Liabilities, other than long-term debt469651521
Liability for uncertainty in income taxes469651521
Total noncurrent liabilities:462,1382,2222,28321
Other undisclosed liabilities9,75713,52313,14214,22414,45616,200
Total liabilities:11,30314,61316,48317,78717,91516,221
Stockholders' equity
Stockholders' equity attributable to parent(18)(449)(24)8051,0771,167
Preferred stock0     
Common stock000000
Additional paid in capital187598596591601581
Accumulated other comprehensive income011100
Retained earnings (accumulated deficit)(205)(1,049)(622)212475586
Total stockholders' equity:(18)(449)(24)8051,0771,167
TOTAL LIABILITIES AND EQUITY:11,28514,16416,45918,59218,99217,388

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues6598319961,2741,4871,802
Contractually specified servicing fee, late fee, and ancillary fee earned in exchange for servicing financial asset444
Gain on disposition of assets for financial service operations162
Other operating income1091139910610871
Financial services revenue6317509482,142 
Cost of revenue(855)(1,321)(1,455)(332) (817)
Gross profit:(197)(490)(460)9421,487985
Operating expenses(24)(11)(337)(1,380)(1,967)(566)
Other operating income, net39    1,038
Other expenses     1,038
Operating income (loss):(182)(501)(796)(437)(480)1,458
Nonoperating income12717210146
Investment income, nonoperating12717  144
Gains on sales of other real estate    12
Other nonoperating income (expense)   21(1) 
Interest and debt expense(209)(261)(256)(269)(303)(285)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes   281663(906)
Income (loss) from continuing operations before equity method investments, income taxes:(379)(692)(1,046)(404)(119)413
Other undisclosed income from continuing operations before income taxes171261256   
Income (loss) from continuing operations before income taxes:(208)(430)(790)(404)(119)413
Income tax expense (benefit)33(44)1419(159)
Net income (loss) attributable to parent:(205)(427)(834)(263)(110)253
Other undisclosed net loss available to common stockholders, basic     (4)
Net income (loss) available to common stockholders, basic:(205)(427)(834)(263)(110)250
Other undisclosed net income available to common stockholders, diluted     0
Net income (loss) available to common stockholders, diluted:(205)(427)(834)(263)(110)250

Comprehensive Income ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):(205)(427)(834)(263)(110)253
Other comprehensive income (loss)0000(0)0
Comprehensive income (loss), net of tax, attributable to parent:(205)(427)(834)(263)(110)253

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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