OPBK Current Ratio from 2010 to 2024

OPBK Stock  USD 17.33  0.10  0.57%   
OP Bancorp Current Ratio yearly trend continues to be quite stable with very little volatility. The value of Current Ratio is projected to decrease to 19.39. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
20.41440959
Current Value
19.39
Quarterly Volatility
192.7067394
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OP Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OP Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 55.6 M, Selling General Administrative of 18.4 M or Total Revenue of 46.3 M, as well as many indicators such as Price To Sales Ratio of 1.94, Dividend Yield of 0.0265 or PTB Ratio of 1.3. OPBK financial statements analysis is a perfect complement when working with OP Bancorp Valuation or Volatility modules.
  
Check out the analysis of OP Bancorp Correlation against competitors.
For more information on how to buy OPBK Stock please use our How to buy in OPBK Stock guide.

Latest OP Bancorp's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of OP Bancorp over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. OP Bancorp's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OP Bancorp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.00 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

OPBK Current Ratio Regression Statistics

Arithmetic Mean178.71
Geometric Mean81.86
Coefficient Of Variation107.83
Mean Deviation147.91
Median108.25
Standard Deviation192.71
Sample Variance37,136
Range642
R-Value(0.06)
Mean Square Error39,832
R-Squared0
Significance0.82
Slope(2.73)
Total Sum of Squares519,902

OPBK Current Ratio History

2024 19.39
2023 20.41
2022 108.25
2021 484.73
2020 198.03
2019 54.26
2018 79.38

About OP Bancorp Financial Statements

OP Bancorp investors utilize fundamental indicators, such as Current Ratio, to predict how OPBK Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 20.41  19.39 

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When determining whether OP Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if OPBK Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Op Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Op Bancorp Stock:
Check out the analysis of OP Bancorp Correlation against competitors.
For more information on how to buy OPBK Stock please use our How to buy in OPBK Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.