OPBK Other Assets vs Other Current Liab Analysis
OPBK Stock | USD 17.44 0.08 0.46% |
OP Bancorp financial indicator trend analysis is much more than just breaking down OP Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OP Bancorp is a good investment. Please check the relationship between OP Bancorp Other Assets and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OP Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy OPBK Stock please use our How to buy in OPBK Stock guide.
Other Assets vs Other Current Liab
Other Assets vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OP Bancorp Other Assets account and Other Current Liab. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between OP Bancorp's Other Assets and Other Current Liab is 0.59. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of OP Bancorp, assuming nothing else is changed. The correlation between historical values of OP Bancorp's Other Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of OP Bancorp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Other Assets i.e., OP Bancorp's Other Assets and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.59 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Assets
Other Current Liab
Most indicators from OP Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OP Bancorp 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 OP Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy OPBK Stock please use our How to buy in OPBK Stock guide.At this time, OP Bancorp's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value is expected to rise to about 198.5 M this year, although the value of Selling General Administrative will most likely fall to about 1.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 77.0M | 94.5M | 81.2M | 46.3M | Total Revenue | 77.0M | 94.5M | 81.2M | 46.3M |
OP Bancorp fundamental ratios Correlations
Click cells to compare fundamentals
OP Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OP Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.2B | 1.4B | 1.7B | 2.1B | 2.1B | 2.3B | |
Other Current Liab | (2.7M) | 7.4M | (1.1M) | 7.4M | (3.3M) | (3.1M) | |
Total Current Liabilities | 2.7M | 1.0M | 558K | 2.8M | 9.3M | 9.8M | |
Total Stockholder Equity | 140.6M | 143.4M | 165.2M | 176.9M | 192.6M | 106.3M | |
Property Plant And Equipment Net | 13.5M | 11.3M | 13.3M | 13.5M | 13.7M | 8.0M | |
Net Debt | (75.9M) | (93.0M) | (105.2M) | (72.7M) | 23.1M | 24.3M | |
Retained Earnings | 46.5M | 55.4M | 79.1M | 105.7M | 120.9M | 126.9M | |
Accounts Payable | 2.7M | 1.0M | 558K | 2.8M | 12.6M | 13.3M | |
Cash | 86.0M | 106.4M | 115.5M | 83.0M | 91.2M | 63.1M | |
Non Current Assets Total | 79.2M | 113.1M | 174.7M | 235.4M | 2.3B | 2.4B | |
Non Currrent Assets Other | (79.2M) | (113.1M) | (174.7M) | (27.1M) | (253.8M) | (241.1M) | |
Other Assets | 954.6M | 1.1B | 1.3B | 1.6B | (299.9M) | (284.9M) | |
Cash And Short Term Investments | 142.6M | 198.2M | 265.9M | 292.8M | 91.2M | 119.8M | |
Net Receivables | 3.2M | 4.0M | 4.6M | 7.2M | 8.3M | 8.7M | |
Common Stock Total Equity | 86.4M | 78.7M | 78.7M | 79.3M | 91.2M | 68.1M | |
Common Stock Shares Outstanding | 15.9M | 15.2M | 15.2M | 15.2M | 15.2M | 12.9M | |
Liabilities And Stockholders Equity | 1.2B | 1.4B | 1.7B | 2.1B | 2.1B | 2.3B | |
Total Liab | 1.0B | 1.2B | 1.6B | 1.9B | 2.0B | 2.1B | |
Property Plant And Equipment Gross | 13.5M | 11.3M | 13.3M | 13.5M | 26.0M | 27.2M | |
Total Current Assets | 145.8M | 202.2M | 270.5M | 300.0M | 190.7M | 140.0M | |
Accumulated Other Comprehensive Income | 188K | 840K | (1.2M) | (17.8M) | (15.5M) | (14.7M) | |
Common Stock | 86.4M | 78.7M | 78.7M | 79.3M | 76.3M | 69.3M | |
Other Current Assets | 89.2M | 110.4M | 120.0M | 90.2M | 99.5M | 67.4M | |
Short Term Investments | 56.5M | 91.8M | 150.4M | 209.8M | 194.3M | 204.0M | |
Non Current Liabilities Total | 10.1M | 13.4M | 10.3M | 2.8M | 1.9B | 2.0B | |
Other Stockholder Equity | 7.5M | 8.5M | 8.6M | 9.7M | 10.9M | 6.4M | |
Short Term Debt | 10.1M | 8.4M | 2.2M | 10.2M | 107.6M | 113.0M | |
Other Liab | 5.4M | 8.9M | 16.5M | 18.8M | 21.6M | 22.7M | |
Net Tangible Assets | 140.6M | 143.4M | 165.2M | 176.9M | 203.5M | 130.4M | |
Long Term Investments | 65.7M | 101.8M | 161.4M | 221.9M | 210.5M | 106.9M | |
Intangible Assets | 7.0M | 7.4M | 12.7M | 12.8M | 11.7M | 9.1M | |
Property Plant Equipment | 13.5M | 11.3M | 13.3M | 4.4M | 5.1M | 8.2M | |
Capital Surpluse | 7.5M | 8.5M | 8.6M | 9.7M | 11.2M | 7.4M | |
Inventory | (89.2M) | (110.4M) | (120.0M) | (90.2M) | (1.7B) | (1.6B) |
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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 OP Bancorp. If investors know OPBK 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 OP Bancorp 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 0.091 | Dividend Share 0.48 | Earnings Share 1.4 | Revenue Per Share 5.269 | Quarterly Revenue Growth 0.094 |
The market value of OP Bancorp is measured differently than its book value, which is the value of OPBK that is recorded on the company's balance sheet. Investors also form their own opinion of OP Bancorp's value that differs from its market value or its book value, called intrinsic value, which is OP Bancorp'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 OP Bancorp's market value can be influenced by many factors that don't directly affect OP Bancorp'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 OP Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if OP Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OP Bancorp'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.