OFG Common Stock Total Equity vs Non Current Assets Total Analysis
OFG Stock | USD 44.20 0.35 0.79% |
OFG Bancorp financial indicator trend analysis is much more than just breaking down OFG Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OFG Bancorp is a good investment. Please check the relationship between OFG Bancorp Common Stock Total Equity and its Non Current Assets Total accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OFG 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 census. For more detail on how to invest in OFG Stock please use our How to Invest in OFG Bancorp guide.
Common Stock Total Equity vs Non Current Assets Total
Common Stock Total Equity vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OFG Bancorp Common Stock Total Equity account and Non Current Assets Total. At this time, the significance of the direction appears to have almost no relationship.
The correlation between OFG Bancorp's Common Stock Total Equity and Non Current Assets Total is 0.16. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of OFG Bancorp, assuming nothing else is changed. The correlation between historical values of OFG Bancorp's Common Stock Total Equity and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of OFG Bancorp are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Common Stock Total Equity i.e., OFG Bancorp's Common Stock Total Equity and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Most indicators from OFG Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OFG 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 OFG 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 census. For more detail on how to invest in OFG Stock please use our How to Invest in OFG Bancorp guide.At this time, OFG Bancorp's Selling General Administrative is most likely to increase significantly in the upcoming years. The OFG Bancorp's current Enterprise Value is estimated to increase to about 1.2 B, while Tax Provision is projected to decrease to roughly 42 M.
2021 | 2022 | 2023 | 2024 (projected) | Other Operating Expenses | 326.0M | 230.9M | 276.3M | 290.1M | Interest Expense | 41.8M | 33.5M | 88.0M | 81.1M |
OFG Bancorp fundamental ratios Correlations
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OFG Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OFG Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 51.7M | 51.6M | 51.4M | 48.4M | 47.6M | 36.8M | |
Total Assets | 9.3B | 9.8B | 9.9B | 9.8B | 11.3B | 11.9B | |
Short Long Term Debt Total | 183.7M | 134.9M | 95.1M | 54.4M | 224.8M | 258.1M | |
Other Current Liab | 3.6B | 4.6B | 5.2B | 5.2B | 6.1B | 6.4B | |
Total Current Liabilities | 3.8B | 4.7B | 5.3B | 5.2B | 6.1B | 6.4B | |
Total Stockholder Equity | 1.0B | 1.1B | 1.1B | 1.0B | 1.2B | 1.3B | |
Property Plant And Equipment Net | 120.2M | 115.2M | 121.0M | 132.2M | 125.8M | 132.1M | |
Net Debt | (697.6M) | (2.0B) | (1.9B) | (496.1M) | (523.4M) | (497.2M) | |
Retained Earnings | 280.0M | 300.1M | 399.9M | 516.4M | 639.3M | 671.3M | |
Cash | 852.8M | 2.2B | 2.0B | 550.5M | 748.2M | 382.2M | |
Non Current Assets Total | 1.4B | 744.9M | 1.2B | 2.3B | 10.6B | 11.1B | |
Non Currrent Assets Other | (370.8M) | (2.6M) | (2.6M) | (238.3M) | 10.3B | 10.8B | |
Other Assets | 5.8B | 6.3B | 6.0B | 5.5B | 694.7M | 660.0M | |
Cash And Short Term Investments | 1.9B | 2.6B | 2.5B | 2.0B | 73.1M | 69.5M | |
Net Receivables | 138.2M | 144.4M | 181.9M | 152.7M | 119.3M | 62.6M | |
Liabilities And Stockholders Equity | 9.3B | 9.8B | 9.9B | 9.8B | 11.3B | 11.9B | |
Non Current Liabilities Total | 155.1M | 134.9M | 95.1M | 8.8B | 10.2B | 10.7B | |
Other Stockholder Equity | 519.2M | 519.7M | 486.5M | 425.7M | 410.3M | 249.5M | |
Total Liab | 155.1M | 134.9M | 95.1M | 8.8B | 10.2B | 10.7B | |
Property Plant And Equipment Gross | 120.2M | 115.2M | 121.0M | 132.2M | 201.7M | 211.8M | |
Total Current Assets | 2.1B | 2.7B | 2.7B | 2.1B | 73.1M | 69.5M | |
Short Term Debt | 182.8M | 38.8M | 37.7M | 35.9M | 8.3M | 7.9M | |
Accumulated Other Comprehensive Income | 94.8M | 114.3M | 122.8M | 40.5M | 84.0M | 88.2M | |
Other Liab | 2.7M | 728K | 798K | 867K | 780.3K | 741.3K | |
Accounts Payable | 185.7M | 154.4M | 8.6B | 125.0M | 143.7M | 136.6M | |
Long Term Debt | 913K | 38.5M | 64.6M | 27.0M | 200.8M | 190.7M | |
Short Term Investments | 1.1B | 446.4M | 510.7M | 1.4B | (675.1M) | (641.3M) | |
Inventory | (997.3M) | (2.3B) | (2.2B) | (741.0M) | 628.9M | 660.4M | |
Treasury Stock | (102.3M) | (102.9M) | (150.6M) | (211.1M) | (190.0M) | (180.5M) | |
Property Plant Equipment | 81.1M | 83.8M | 121.0M | 132.2M | 152.0M | 159.6M | |
Intangible Assets | 107.7M | 93.2M | 85.1M | 78.5M | 70.2M | 73.7M | |
Other Current Assets | 997.3M | 2.3B | 2.2B | 767.1M | 923.0M | 876.9M | |
Retained Earnings Total Equity | 279.6M | 300.1M | 399.9M | 516.4M | 593.8M | 623.5M | |
Net Tangible Assets | 810.4M | 862.0M | 947.0M | 930.6M | 1.1B | 877.9M | |
Long Term Debt Total | 913K | 38.5M | 36.9M | 318K | 286.2K | 271.9K | |
Capital Surpluse | 621.5M | 622.7M | 637.1M | 636.8M | 732.3M | 637.5M |
Currently Active Assets on Macroaxis
When determining whether OFG Bancorp is a strong investment it is important to analyze OFG Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OFG Bancorp's future performance. For an informed investment choice regarding OFG Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OFG 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 census. For more detail on how to invest in OFG Stock please use our How to Invest in OFG Bancorp guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 OFG Bancorp. If investors know OFG 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 OFG 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 0.053 | Dividend Share 0.97 | Earnings Share 4.13 | Revenue Per Share 13.63 | Quarterly Revenue Growth (0.02) |
The market value of OFG Bancorp is measured differently than its book value, which is the value of OFG that is recorded on the company's balance sheet. Investors also form their own opinion of OFG Bancorp's value that differs from its market value or its book value, called intrinsic value, which is OFG 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 OFG Bancorp's market value can be influenced by many factors that don't directly affect OFG 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 OFG Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if OFG Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OFG 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.