OFG Property Plant And Equipment Net vs Short Term Debt 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 Property Plant And Equipment Net and its Short Term Debt 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.

Property Plant And Equipment Net vs Short Term Debt

Property Plant And Equipment Net vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OFG Bancorp Property Plant And Equipment Net account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between OFG Bancorp's Property Plant And Equipment Net and Short Term Debt is -0.33. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Debt 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 Property Plant And Equipment Net and Short 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 Property Plant And Equipment Net of OFG Bancorp are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Property Plant And Equipment Net i.e., OFG Bancorp's Property Plant And Equipment Net and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Short Term Debt

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 Expenses326.0M230.9M276.3M290.1M
Interest Expense41.8M33.5M88.0M81.1M

OFG Bancorp fundamental ratios Correlations

0.570.270.410.150.750.47-0.30.160.43-0.09-0.160.480.560.78-0.040.940.150.240.560.380.030.06-0.090.890.4
0.570.090.820.690.910.89-0.460.760.480.580.51-0.140.290.570.560.520.40.86-0.11-0.26-0.130.14-0.090.75-0.04
0.270.090.36-0.580.04-0.220.46-0.43-0.150.04-0.09-0.010.29-0.1-0.130.290.45-0.20.680.290.67-0.30.260.090.47
0.410.820.360.310.620.58-0.210.480.360.560.41-0.140.240.280.540.390.510.61-0.01-0.430.270.10.260.510.0
0.150.69-0.580.310.670.81-0.620.930.390.540.6-0.16-0.120.40.540.10.070.84-0.63-0.3-0.670.29-0.230.45-0.48
0.750.910.040.620.670.85-0.430.720.410.460.430.120.260.670.420.660.370.790.050.01-0.260.08-0.210.85-0.02
0.470.89-0.220.580.810.85-0.550.820.480.410.43-0.210.320.70.550.370.210.9-0.22-0.33-0.320.22-0.450.670.0
-0.3-0.460.46-0.21-0.62-0.43-0.55-0.38-0.930.090.01-0.09-0.42-0.570.09-0.360.52-0.360.240.240.4-0.620.17-0.410.16
0.160.76-0.430.480.930.720.82-0.380.190.730.76-0.23-0.230.320.750.050.380.93-0.57-0.4-0.50.16-0.220.46-0.48
0.430.48-0.150.360.390.410.48-0.930.19-0.18-0.150.110.630.62-0.190.53-0.470.250.02-0.22-0.130.58-0.080.50.06
-0.090.580.040.560.540.460.410.090.73-0.180.97-0.39-0.56-0.20.77-0.180.670.75-0.51-0.34-0.16-0.150.170.16-0.63
-0.160.51-0.090.410.60.430.430.010.76-0.150.97-0.46-0.6-0.170.74-0.280.560.78-0.57-0.37-0.26-0.11-0.020.1-0.7
0.48-0.14-0.01-0.14-0.160.12-0.21-0.09-0.230.11-0.39-0.460.10.15-0.560.51-0.24-0.380.30.55-0.20.030.320.280.07
0.560.290.290.24-0.120.260.32-0.42-0.230.63-0.56-0.60.10.71-0.310.63-0.26-0.070.620.050.310.28-0.280.440.81
0.780.57-0.10.280.40.670.7-0.570.320.62-0.2-0.170.150.710.020.71-0.090.390.330.03-0.120.38-0.50.790.45
-0.040.56-0.130.540.540.420.550.090.75-0.190.770.74-0.56-0.310.02-0.190.70.74-0.42-0.47-0.03-0.17-0.10.18-0.3
0.940.520.290.390.10.660.37-0.360.050.53-0.18-0.280.510.630.71-0.190.010.120.530.390.050.080.080.880.42
0.150.40.450.510.070.370.210.520.38-0.470.670.56-0.24-0.26-0.090.70.010.420.11-0.060.23-0.430.090.21-0.02
0.240.86-0.20.610.840.790.9-0.360.930.250.750.78-0.38-0.070.390.740.120.42-0.43-0.42-0.330.09-0.320.5-0.33
0.56-0.110.68-0.01-0.630.05-0.220.24-0.570.02-0.51-0.570.30.620.33-0.420.530.11-0.430.490.54-0.12-0.120.240.79
0.38-0.260.29-0.43-0.30.01-0.330.24-0.4-0.22-0.34-0.370.550.050.03-0.470.39-0.06-0.420.49-0.05-0.220.120.160.25
0.03-0.130.670.27-0.67-0.26-0.320.4-0.5-0.13-0.16-0.26-0.20.31-0.12-0.030.050.23-0.330.54-0.05-0.170.21-0.160.5
0.060.14-0.30.10.290.080.22-0.620.160.58-0.15-0.110.030.280.38-0.170.08-0.430.09-0.12-0.22-0.17-0.090.1-0.08
-0.09-0.090.260.26-0.23-0.21-0.450.17-0.22-0.080.17-0.020.32-0.28-0.5-0.10.080.09-0.32-0.120.120.21-0.09-0.11-0.28
0.890.750.090.510.450.850.67-0.410.460.50.160.10.280.440.790.180.880.210.50.240.16-0.160.1-0.110.2
0.4-0.040.470.0-0.48-0.020.00.16-0.480.06-0.63-0.70.070.810.45-0.30.42-0.02-0.330.790.250.5-0.08-0.280.2
Click cells to compare fundamentals

OFG Bancorp Account Relationship Matchups

OFG Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding51.7M51.6M51.4M48.4M47.6M36.8M
Total Assets9.3B9.8B9.9B9.8B11.3B11.9B
Short Long Term Debt Total183.7M134.9M95.1M54.4M224.8M258.1M
Other Current Liab3.6B4.6B5.2B5.2B6.1B6.4B
Total Current Liabilities3.8B4.7B5.3B5.2B6.1B6.4B
Total Stockholder Equity1.0B1.1B1.1B1.0B1.2B1.3B
Property Plant And Equipment Net120.2M115.2M121.0M132.2M125.8M132.1M
Net Debt(697.6M)(2.0B)(1.9B)(496.1M)(523.4M)(497.2M)
Retained Earnings280.0M300.1M399.9M516.4M639.3M671.3M
Cash852.8M2.2B2.0B550.5M748.2M382.2M
Non Current Assets Total1.4B744.9M1.2B2.3B10.6B11.1B
Non Currrent Assets Other(370.8M)(2.6M)(2.6M)(238.3M)10.3B10.8B
Other Assets5.8B6.3B6.0B5.5B694.7M660.0M
Cash And Short Term Investments1.9B2.6B2.5B2.0B73.1M69.5M
Net Receivables138.2M144.4M181.9M152.7M119.3M62.6M
Liabilities And Stockholders Equity9.3B9.8B9.9B9.8B11.3B11.9B
Non Current Liabilities Total155.1M134.9M95.1M8.8B10.2B10.7B
Other Stockholder Equity519.2M519.7M486.5M425.7M410.3M249.5M
Total Liab155.1M134.9M95.1M8.8B10.2B10.7B
Property Plant And Equipment Gross120.2M115.2M121.0M132.2M201.7M211.8M
Total Current Assets2.1B2.7B2.7B2.1B73.1M69.5M
Short Term Debt182.8M38.8M37.7M35.9M8.3M7.9M
Accumulated Other Comprehensive Income94.8M114.3M122.8M40.5M84.0M88.2M
Other Liab2.7M728K798K867K780.3K741.3K
Accounts Payable185.7M154.4M8.6B125.0M143.7M136.6M
Long Term Debt913K38.5M64.6M27.0M200.8M190.7M
Short Term Investments1.1B446.4M510.7M1.4B(675.1M)(641.3M)
Inventory(997.3M)(2.3B)(2.2B)(741.0M)628.9M660.4M
Treasury Stock(102.3M)(102.9M)(150.6M)(211.1M)(190.0M)(180.5M)
Property Plant Equipment81.1M83.8M121.0M132.2M152.0M159.6M
Intangible Assets107.7M93.2M85.1M78.5M70.2M73.7M
Other Current Assets997.3M2.3B2.2B767.1M923.0M876.9M
Retained Earnings Total Equity279.6M300.1M399.9M516.4M593.8M623.5M
Net Tangible Assets810.4M862.0M947.0M930.6M1.1B877.9M
Long Term Debt Total913K38.5M36.9M318K286.2K271.9K
Capital Surpluse621.5M622.7M637.1M636.8M732.3M637.5M

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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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.