OceanFirst Net Debt vs Property Plant Equipment Analysis
OCFC Stock | USD 20.14 0.16 0.80% |
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 Net Debt and its Property Plant Equipment 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.
Net Debt vs Property Plant Equipment
Net Debt vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OceanFirst Financial Corp Net Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between OceanFirst Financial's Net Debt and Property Plant Equipment is -0.2. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment 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 Net Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of OceanFirst Financial Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Debt i.e., OceanFirst Financial's Net Debt and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Property Plant Equipment
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. At present, OceanFirst Financial's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 11.17, whereas Tax Provision is forecasted to decline to about 26.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 36.8M | 53.7M | 238.2M | 250.2M | Depreciation And Amortization | 14.9M | 16.4M | 16.4M | 17.2M |
OceanFirst Financial fundamental ratios Correlations
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OceanFirst Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OceanFirst Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.2B | 11.4B | 11.7B | 13.1B | 13.5B | 14.2B | |
Short Long Term Debt Total | 616.1M | 370.0M | 352.6M | 1.5B | 1.1B | 1.2B | |
Total Stockholder Equity | 1.2B | 1.5B | 1.5B | 1.6B | 1.7B | 1.7B | |
Property Plant And Equipment Net | 102.7M | 107.1M | 125.8M | 126.7M | 140.4M | 147.4M | |
Net Debt | 495.5M | (1.0B) | 24.2M | 1.2B | 984.5M | 1.0B | |
Retained Earnings | 358.7M | 378.3M | 442.3M | 540.5M | 592.5M | 622.2M | |
Cash | 120.5M | 1.3B | 204.9M | 167.9M | 153.7M | 115.9M | |
Non Current Assets Total | 1.4B | 1.9B | 2.5B | 2.4B | 15.2B | 15.9B | |
Non Currrent Assets Other | (50.1M) | (1.9B) | (2.5B) | (2.4B) | (2.7B) | (2.5B) | |
Other Assets | 6.5B | 8.1B | 8.5B | 10.0B | (1.8B) | (1.7B) | |
Cash And Short Term Investments | 271.5M | 1.5B | 773.2M | 625.6M | 153.7M | 186.9M | |
Net Receivables | 21.7M | 35.3M | 32.6M | 44.7M | 51.9M | 54.5M | |
Common Stock Shares Outstanding | 50.7M | 60.1M | 59.6M | 58.9M | 59.0M | 61.9M | |
Liabilities And Stockholders Equity | 8.2B | 11.4B | 11.7B | 13.1B | 13.5B | 14.2B | |
Non Current Liabilities Total | 616.1M | 235.5M | 229.1M | 11.5B | 11.9B | 12.5B | |
Other Stockholder Equity | 795.1M | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | |
Total Liab | 616.1M | 235.5M | 229.1M | 11.5B | 11.9B | 12.5B | |
Property Plant And Equipment Gross | 102.7M | 107.1M | 199.6M | 202.4M | 205.8M | 216.1M | |
Total Current Assets | 293.2M | 1.5B | 805.8M | 670.3M | 153.7M | 146.0M | |
Accumulated Other Comprehensive Income | (1.2M) | 621K | (2.8M) | (36.0M) | (24.6M) | (23.4M) | |
Other Current Liab | 2.5B | 3.9B | 3.7B | 2.8B | (322.3M) | (306.2M) | |
Total Current Liabilities | 2.9B | 4.0B | 3.8B | 4.1B | 5.3B | 5.6B | |
Short Term Debt | 435.2M | 134.5M | 123.5M | 1.3B | 322.3M | 216.2M | |
Common Stock Total Equity | 519K | 609K | 611K | 612K | 703.8K | 381.5K | |
Common Stock | 519K | 609K | 611K | 612K | 613K | 393.2K | |
Other Liab | 46.8M | 172.6M | 142.3M | 234.0M | 269.1M | 282.6M | |
Accounts Payable | 6.3B | 9.4B | 9.7B | 9.7B | 11.1B | 11.7B | |
Long Term Debt | 96.8M | 235.5M | 229.1M | 1.4B | 972.8M | 1.0B | |
Inventory | (146.3M) | (1.3B) | (243.9M) | (215.4M) | (205.6M) | (195.3M) | |
Treasury Stock | (10.8M) | (36.9M) | (25.7M) | (61.7M) | (71.0M) | (74.5M) | |
Intangible Assets | 15.6M | 23.7M | 18.2M | 13.5M | 9.5M | 10.2M | |
Property Plant Equipment | 3.8M | 5.8M | 125.8M | 2.7M | 3.1M | 3.0M | |
Other Current Assets | 146.3M | 1.3B | 243.9M | 215.4M | 205.6M | 195.3M | |
Short Term Investments | 151.0M | 183.3M | 568.3M | 457.6M | (1.8B) | (1.7B) | |
Net Tangible Assets | 762.9M | 960.1M | 998.0M | 1.1B | 1.2B | 622.0M | |
Good Will | 338.4M | 374.6M | 500.3M | 506.1M | 582.1M | 611.2M | |
Retained Earnings Total Equity | 358.7M | 378.3M | 442.3M | 540.5M | 621.6M | 652.7M | |
Long Term Debt Total | 96.8M | 235.5M | 229.1M | 195.4M | 224.7M | 235.9M | |
Capital Surpluse | 840.7M | 1.1B | 1.1B | 1.2B | 1.3B | 681.7M | |
Long Term Investments | 7.1B | 1.1B | 1.8B | 1.8B | 2.0B | 2.6B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether OceanFirst Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OceanFirst Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oceanfirst Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceanfirst Financial Corp Stock: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. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OceanFirst Financial. If investors know OceanFirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OceanFirst Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.258 | Dividend Share 0.8 | Earnings Share 1.75 | Revenue Per Share 6.515 | Quarterly Revenue Growth 0.054 |
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.