OceanFirst Total Current Liabilities vs Other Stockholder Equity 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 Total Current Liabilities and its Other Stockholder Equity 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.

Total Current Liabilities vs Other Stockholder Equity

Total Current Liabilities vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OceanFirst Financial Corp Total Current Liabilities account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between OceanFirst Financial's Total Current Liabilities and Other Stockholder Equity is 0.85. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Other Stockholder Equity 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 Total Current Liabilities and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of OceanFirst Financial Corp are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Current Liabilities i.e., OceanFirst Financial's Total Current Liabilities and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on OceanFirst Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of OceanFirst Financial Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Stockholder Equity

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 Expense36.8M53.7M238.2M250.2M
Depreciation And Amortization14.9M16.4M16.4M17.2M

OceanFirst Financial fundamental ratios Correlations

0.781.00.950.350.960.390.69-0.870.290.540.970.960.730.980.720.970.170.20.90.280.830.840.930.990.79
0.780.750.710.780.88-0.030.69-0.680.060.10.830.660.930.70.920.790.03-0.090.780.660.60.590.830.740.94
1.00.750.960.310.940.40.66-0.840.340.560.960.970.681.00.680.950.230.240.890.260.850.860.90.990.76
0.950.710.960.360.90.310.64-0.710.340.450.890.930.630.950.660.950.290.190.820.210.770.780.820.950.72
0.350.780.310.360.54-0.650.54-0.3-0.22-0.50.430.240.760.240.770.48-0.07-0.420.390.580.170.130.430.30.7
0.960.880.940.90.540.20.8-0.860.10.350.970.870.850.910.810.960.050.050.940.360.770.760.950.950.85
0.39-0.030.40.31-0.650.2-0.01-0.320.40.90.310.42-0.070.45-0.10.180.170.510.3-0.160.440.480.310.40.02
0.690.690.660.640.540.8-0.01-0.7-0.47-0.060.810.590.840.610.80.71-0.11-0.490.75-0.020.40.340.820.710.68
-0.87-0.68-0.84-0.71-0.3-0.86-0.32-0.7-0.07-0.49-0.91-0.81-0.76-0.82-0.68-0.850.08-0.04-0.8-0.21-0.71-0.7-0.94-0.86-0.76
0.290.060.340.34-0.220.10.4-0.47-0.070.640.10.39-0.220.4-0.120.250.540.850.080.370.460.560.010.260.11
0.540.10.560.45-0.50.350.9-0.06-0.490.640.430.580.00.6-0.040.380.180.730.420.070.610.680.410.540.16
0.970.830.960.890.430.970.310.81-0.910.10.430.920.840.930.810.940.080.010.90.270.750.740.980.970.86
0.960.660.970.930.240.870.420.59-0.810.390.580.920.60.980.620.910.280.260.810.210.810.830.850.950.71
0.730.930.680.630.760.85-0.070.84-0.76-0.220.00.840.60.620.950.76-0.12-0.340.740.470.470.430.880.710.93
0.980.71.00.950.240.910.450.61-0.820.40.60.930.980.620.630.930.270.290.850.230.850.870.870.980.73
0.720.920.680.660.770.81-0.10.8-0.68-0.12-0.040.810.620.950.630.750.17-0.340.690.450.480.450.820.680.95
0.970.790.950.950.480.960.180.71-0.850.250.380.940.910.760.930.750.150.120.860.30.770.770.90.960.81
0.170.030.230.29-0.070.050.17-0.110.080.540.180.080.28-0.120.270.170.150.30.080.040.250.29-0.010.160.18
0.2-0.090.240.19-0.420.050.51-0.49-0.040.850.730.010.26-0.340.29-0.340.120.30.190.310.440.53-0.040.21-0.1
0.90.780.890.820.390.940.30.75-0.80.080.420.90.810.740.850.690.860.080.190.350.760.760.890.920.74
0.280.660.260.210.580.36-0.16-0.02-0.210.370.070.270.210.470.230.450.30.040.310.350.360.380.30.230.6
0.830.60.850.770.170.770.440.4-0.710.460.610.750.810.470.850.480.770.250.440.760.360.990.710.810.59
0.840.590.860.780.130.760.480.34-0.70.560.680.740.830.430.870.450.770.290.530.760.380.990.690.820.58
0.930.830.90.820.430.950.310.82-0.940.010.410.980.850.880.870.820.9-0.01-0.040.890.30.710.690.920.87
0.990.740.990.950.30.950.40.71-0.860.260.540.970.950.710.980.680.960.160.210.920.230.810.820.920.76
0.790.940.760.720.70.850.020.68-0.760.110.160.860.710.930.730.950.810.18-0.10.740.60.590.580.870.76
Click cells to compare fundamentals

OceanFirst Financial Account Relationship Matchups

OceanFirst Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.2B11.4B11.7B13.1B13.5B14.2B
Short Long Term Debt Total616.1M370.0M352.6M1.5B1.1B1.2B
Total Stockholder Equity1.2B1.5B1.5B1.6B1.7B1.7B
Property Plant And Equipment Net102.7M107.1M125.8M126.7M140.4M147.4M
Net Debt495.5M(1.0B)24.2M1.2B984.5M1.0B
Retained Earnings358.7M378.3M442.3M540.5M592.5M622.2M
Cash120.5M1.3B204.9M167.9M153.7M115.9M
Non Current Assets Total1.4B1.9B2.5B2.4B15.2B15.9B
Non Currrent Assets Other(50.1M)(1.9B)(2.5B)(2.4B)(2.7B)(2.5B)
Other Assets6.5B8.1B8.5B10.0B(1.8B)(1.7B)
Cash And Short Term Investments271.5M1.5B773.2M625.6M153.7M186.9M
Net Receivables21.7M35.3M32.6M44.7M51.9M54.5M
Common Stock Shares Outstanding50.7M60.1M59.6M58.9M59.0M61.9M
Liabilities And Stockholders Equity8.2B11.4B11.7B13.1B13.5B14.2B
Non Current Liabilities Total616.1M235.5M229.1M11.5B11.9B12.5B
Other Stockholder Equity795.1M1.1B1.1B1.1B1.1B1.1B
Total Liab616.1M235.5M229.1M11.5B11.9B12.5B
Property Plant And Equipment Gross102.7M107.1M199.6M202.4M205.8M216.1M
Total Current Assets293.2M1.5B805.8M670.3M153.7M146.0M
Accumulated Other Comprehensive Income(1.2M)621K(2.8M)(36.0M)(24.6M)(23.4M)
Other Current Liab2.5B3.9B3.7B2.8B(322.3M)(306.2M)
Total Current Liabilities2.9B4.0B3.8B4.1B5.3B5.6B
Short Term Debt435.2M134.5M123.5M1.3B322.3M216.2M
Common Stock Total Equity519K609K611K612K703.8K381.5K
Common Stock519K609K611K612K613K393.2K
Other Liab46.8M172.6M142.3M234.0M269.1M282.6M
Accounts Payable6.3B9.4B9.7B9.7B11.1B11.7B
Long Term Debt96.8M235.5M229.1M1.4B972.8M1.0B
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 Assets15.6M23.7M18.2M13.5M9.5M10.2M
Property Plant Equipment3.8M5.8M125.8M2.7M3.1M3.0M
Other Current Assets146.3M1.3B243.9M215.4M205.6M195.3M
Short Term Investments151.0M183.3M568.3M457.6M(1.8B)(1.7B)
Net Tangible Assets762.9M960.1M998.0M1.1B1.2B622.0M
Good Will338.4M374.6M500.3M506.1M582.1M611.2M
Retained Earnings Total Equity358.7M378.3M442.3M540.5M621.6M652.7M
Long Term Debt Total96.8M235.5M229.1M195.4M224.7M235.9M
Capital Surpluse840.7M1.1B1.1B1.2B1.3B681.7M
Long Term Investments7.1B1.1B1.8B1.8B2.0B2.6B

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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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.