OceanFirst Interest Income vs Cost Of Revenue Analysis

OCFC Stock  USD 17.30  0.46  2.59%   
OceanFirst Financial financial indicator trend analysis is much more than just breaking down OceanFirst Financial Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OceanFirst Financial Corp is a good investment. Please check the relationship between OceanFirst Financial Interest Income and its Cost Of Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OceanFirst Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Interest Income vs Cost Of Revenue

Interest Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OceanFirst Financial Corp Interest Income account and Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
Interest IncomeCost Of RevenueDiversified AwayInterest IncomeCost Of RevenueDiversified Away100%
The correlation between OceanFirst Financial's Interest Income and Cost Of Revenue is -0.39. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of OceanFirst Financial Corp, assuming nothing else is changed. The correlation between historical values of OceanFirst Financial's Interest Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of OceanFirst Financial Corp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Interest Income i.e., OceanFirst Financial's Interest Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Cost Of Revenue

Cost of Revenue is found on OceanFirst Financial Corp income statement and represents the costs associated with goods and services OceanFirst Financial provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from OceanFirst Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OceanFirst Financial Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OceanFirst Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
The current year's Sales General And Administrative To Revenue is expected to grow to 0.57, whereas Selling General Administrative is forecasted to decline to about 9 M.
 2022 2023 2024 2025 (projected)
Interest Expense53.7M238.2M308.1M323.5M
Depreciation And Amortization16.4M16.4M18.9M19.8M

OceanFirst Financial fundamental ratios Correlations

0.811.00.930.030.950.350.480.540.440.740.520.850.760.980.750.970.550.060.90.280.850.860.940.990.82
0.810.780.690.370.91-0.050.390.670.160.430.640.530.950.730.940.830.61-0.260.840.580.630.640.870.770.95
1.00.780.940.00.940.360.460.520.470.740.510.860.730.990.730.960.570.080.890.260.860.870.920.990.8
0.930.690.940.120.840.310.510.390.560.590.330.860.590.940.630.930.430.160.760.240.80.810.780.920.69
0.030.370.00.120.11-0.650.36-0.030.05-0.56-0.260.050.26-0.020.360.15-0.25-0.11-0.020.670.050.050.0-0.060.3
0.950.910.940.840.110.150.470.710.230.640.680.690.890.890.850.950.66-0.150.960.330.770.780.960.940.89
0.35-0.050.360.31-0.650.150.07-0.170.430.72-0.080.43-0.090.42-0.120.15-0.020.490.22-0.160.40.40.270.37-0.01
0.480.390.460.510.360.470.070.41-0.12-0.03-0.110.480.430.450.470.48-0.12-0.20.420.080.440.440.450.410.38
0.540.670.520.39-0.030.71-0.170.41-0.450.260.820.190.810.440.750.560.74-0.720.71-0.090.280.30.680.530.66
0.440.160.470.560.050.230.43-0.12-0.450.47-0.190.6-0.080.540.040.390.030.770.180.370.50.490.20.440.19
0.740.430.740.59-0.560.640.72-0.030.260.470.520.60.420.750.340.620.540.280.690.030.640.640.720.780.48
0.520.640.510.33-0.260.68-0.08-0.110.82-0.190.520.150.730.440.640.540.93-0.520.68-0.040.260.270.670.560.64
0.850.530.860.860.050.690.430.480.190.60.60.150.440.90.490.790.260.30.640.260.910.910.70.830.58
0.760.950.730.590.260.89-0.090.430.81-0.080.420.730.440.660.950.790.66-0.470.820.40.520.530.90.730.95
0.980.730.990.94-0.020.890.420.450.440.540.750.440.90.660.670.940.510.160.850.240.860.870.880.980.75
0.750.940.730.630.360.85-0.120.470.750.040.340.640.490.950.670.780.67-0.440.760.430.550.560.850.70.97
0.970.830.960.930.150.950.150.480.560.390.620.540.790.790.940.780.56-0.030.870.290.790.80.920.960.84
0.550.610.570.43-0.250.66-0.02-0.120.740.030.540.930.260.660.510.670.56-0.390.67-0.020.330.340.630.590.66
0.06-0.260.080.16-0.11-0.150.49-0.2-0.720.770.28-0.520.3-0.470.16-0.44-0.03-0.39-0.060.280.280.27-0.160.09-0.28
0.90.840.890.76-0.020.960.220.420.710.180.690.680.640.820.850.760.870.67-0.060.30.750.760.920.910.81
0.280.580.260.240.670.33-0.160.08-0.090.370.03-0.040.260.40.240.430.29-0.020.280.30.360.360.30.240.52
0.850.630.860.80.050.770.40.440.280.50.640.260.910.520.860.550.790.330.280.750.361.00.740.820.62
0.860.640.870.810.050.780.40.440.30.490.640.270.910.530.870.560.80.340.270.760.361.00.750.830.63
0.940.870.920.780.00.960.270.450.680.20.720.670.70.90.880.850.920.63-0.160.920.30.740.750.930.91
0.990.770.990.92-0.060.940.370.410.530.440.780.560.830.730.980.70.960.590.090.910.240.820.830.930.79
0.820.950.80.690.30.89-0.010.380.660.190.480.640.580.950.750.970.840.66-0.280.810.520.620.630.910.79
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OceanFirst Financial Account Relationship Matchups

OceanFirst Financial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.4B11.7B13.1B13.5B13.4B14.1B
Short Long Term Debt Total370.0M352.6M1.5B1.1B1.3B1.4B
Total Stockholder Equity1.5B1.5B1.6B1.7B1.7B1.8B
Property Plant And Equipment Net107.1M125.8M126.7M140.4M115.3M121.0M
Net Debt(1.0B)24.2M1.2B820.7M(123.6M)(117.4M)
Retained Earnings378.3M442.3M540.5M592.5M641.7M673.8M
Cash1.3B204.9M167.9M153.7M123.6M116.6M
Non Current Assets Total1.9B2.5B2.4B13.3B651.2M1.2B
Non Currrent Assets Other(1.9B)(2.5B)(2.4B)10.7B12.3B12.9B
Other Assets8.1B8.5B10.0B51.9M1.7B3.0B
Cash And Short Term Investments1.5B773.2M625.6M153.7M951.1M998.7M
Net Receivables35.3M32.6M44.7M51.9M10.1B10.6B
Common Stock Shares Outstanding60.1M59.6M58.9M59.0M58.3M30.3M
Liabilities And Stockholders Equity11.4B11.7B13.1B13.5B13.4B14.1B
Non Current Liabilities Total235.5M229.1M11.5B11.9B13.7B14.3B
Other Stockholder Equity1.1B1.1B1.1B1.1B1.1B1.1B
Total Liab235.5M229.1M11.5B11.9B11.7B12.3B
Property Plant And Equipment Gross107.1M199.6M202.4M205.8M207.4M217.8M
Total Current Assets1.5B805.8M670.3M153.7M11.1B11.6B
Accumulated Other Comprehensive Income621K(2.8M)(36.0M)(24.6M)(15.9M)(15.1M)
Other Current Liab3.9B3.7B2.8B(322.3M)(370.6M)(352.1M)
Total Current Liabilities4.0B3.8B4.1B5.3B6.1B6.4B
Short Term Debt134.5M123.5M1.3B322.3M370.6M216.2M
Common Stock Total Equity519K609K611K612K703.8K381.5K
Common Stock609K611K612K613K705.0K393.2K
Other Liab46.8M172.6M142.3M234.0M269.1M282.6M
Accounts Payable6.3B9.4B9.7B9.7B11.1B11.7B
Long Term Debt235.5M229.1M1.4B972.8M1.2B1.3B
Inventory(1.3B)(243.9M)(215.4M)(205.6M)(185.0M)(175.8M)
Treasury Stock(10.8M)(36.9M)(25.7M)(61.7M)(71.0M)(74.5M)
Intangible Assets23.7M18.2M13.5M9.5M12.7M10.3M
Property Plant Equipment3.8M5.8M125.8M2.7M3.1M3.0M
Other Current Assets1.3B243.9M215.4M205.6M185.1M175.8M
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