OceanFirst Short Long Term Debt Total vs Long Term Debt Analysis

OCFC Stock  USD 20.84  0.31  1.47%   
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 Short Long Term Debt Total and its Long Term Debt 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.

Short Long Term Debt Total vs Long Term Debt

Short Long Term Debt Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OceanFirst Financial Corp Short Long Term Debt Total account and Long Term Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between OceanFirst Financial's Short Long Term Debt Total and Long Term Debt is 0.94. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Long Term Debt 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 Short Long Term Debt Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of OceanFirst Financial Corp are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Short Long Term Debt Total i.e., OceanFirst Financial's Short Long Term Debt Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Long Term Debt

Long-term debt is a debt that OceanFirst Financial Corp has held for over one year. Long-term debt appears on OceanFirst Financial Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on OceanFirst Financial Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
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

0.781.00.950.30.960.390.710.440.420.540.970.960.730.980.720.970.170.20.90.280.830.840.930.990.79
0.780.750.710.750.88-0.030.690.530.180.10.830.660.930.70.920.790.03-0.090.780.660.60.590.830.740.94
1.00.750.960.260.940.40.670.410.470.560.960.970.681.00.680.950.230.240.890.260.850.860.90.990.76
0.950.710.960.320.90.310.650.420.470.450.890.930.630.950.660.950.290.190.820.210.770.780.820.950.72
0.30.750.260.320.48-0.680.460.45-0.1-0.510.370.20.710.20.730.44-0.05-0.380.330.620.150.120.370.250.67
0.960.880.940.90.480.20.810.590.240.350.970.870.850.910.810.960.050.050.940.360.770.760.950.950.85
0.39-0.030.40.31-0.680.20.0-0.170.430.90.310.42-0.070.45-0.10.180.170.510.3-0.160.440.480.310.40.02
0.710.690.670.650.460.810.00.94-0.32-0.040.820.60.840.620.80.72-0.1-0.470.76-0.010.420.350.830.720.69
0.440.530.410.420.450.59-0.170.94-0.57-0.310.580.330.710.350.680.46-0.15-0.680.56-0.130.150.070.60.460.49
0.420.180.470.47-0.10.240.43-0.32-0.570.670.240.51-0.10.520.010.380.560.820.210.390.560.660.150.390.23
0.540.10.560.45-0.510.350.9-0.04-0.310.670.430.580.00.6-0.040.380.180.730.420.070.610.680.410.540.16
0.970.830.960.890.370.970.310.820.580.240.430.920.840.930.810.940.080.010.90.270.750.740.980.970.86
0.960.660.970.930.20.870.420.60.330.510.580.920.60.980.620.910.280.260.810.210.810.830.850.950.71
0.730.930.680.630.710.85-0.070.840.71-0.10.00.840.60.620.950.76-0.12-0.340.740.470.470.430.880.710.93
0.980.71.00.950.20.910.450.620.350.520.60.930.980.620.630.930.270.290.850.230.850.870.870.980.73
0.720.920.680.660.730.81-0.10.80.680.01-0.040.810.620.950.630.750.17-0.340.690.450.480.450.820.680.95
0.970.790.950.950.440.960.180.720.460.380.380.940.910.760.930.750.150.120.860.30.770.770.90.960.81
0.170.030.230.29-0.050.050.17-0.1-0.150.560.180.080.28-0.120.270.170.150.30.080.040.250.29-0.010.160.18
0.2-0.090.240.19-0.380.050.51-0.47-0.680.820.730.010.26-0.340.29-0.340.120.30.190.310.440.53-0.040.21-0.1
0.90.780.890.820.330.940.30.760.560.210.420.90.810.740.850.690.860.080.190.350.760.760.890.920.74
0.280.660.260.210.620.36-0.16-0.01-0.130.390.070.270.210.470.230.450.30.040.310.350.360.380.30.230.6
0.830.60.850.770.150.770.440.420.150.560.610.750.810.470.850.480.770.250.440.760.360.990.710.810.59
0.840.590.860.780.120.760.480.350.070.660.680.740.830.430.870.450.770.290.530.760.380.990.690.820.58
0.930.830.90.820.370.950.310.830.60.150.410.980.850.880.870.820.9-0.01-0.040.890.30.710.690.920.87
0.990.740.990.950.250.950.40.720.460.390.540.970.950.710.980.680.960.160.210.920.230.810.820.920.76
0.790.940.760.720.670.850.020.690.490.230.160.860.710.930.730.950.810.18-0.10.740.60.590.580.870.76
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)24.2M1.2B820.7M861.8M
Retained Earnings358.7M378.3M442.3M540.5M592.5M622.2M
Cash120.5M1.3B204.9M167.9M153.7M115.9M
Non Current Assets Total1.4B1.9B2.5B2.4B13.3B14.0B
Non Currrent Assets Other(50.1M)(1.9B)(2.5B)(2.4B)10.7B11.2B
Other Assets6.5B8.1B8.5B10.0B51.9M49.3M
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 Investments151.0M183.3M568.3M457.6M753.9M791.6M
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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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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment 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.