OceanFirst Financial Balance Sheet - Quarterly (NASDAQ:OCFC)

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$26.93 $0.33 (1.24%) OCFC stock closing price Apr 24, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our OceanFirst Financial stock analysis. Financial strength can be guaged by performing OceanFirst Financial stock analysis and by analyzing the balance sheet. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. OceanFirst Financial balance sheet as at the end of 2017 Q4 indicates an asset turnover ratio of 0.04 and debt to equity ratio of 0.72. Also check OceanFirst Financial revenue and OceanFirst Financial operating cash flow for the same period.

View and download OceanFirst Financial quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Cash109.61M255.25M107.66M175.25M301.37M311.58M66.22M34.26M43.94M50.57M
Marketable Securities----------
Receivables3.98B3.88B3.88B3.84B3.82B3.04B3.14B2B1.98B1.94B
Inventory----1.55M21.67M5.31M3.38M2.69M2.3M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
4.09B4.14B3.99B4.01B4.12B3.37B3.21B2.04B2.02B2B
Property Plant & Equipment160.94M---126.24M-----
Accumulated Depreciation59.17M---54.86M-----
Net Property Plant & Equipment
101.77M64.35M59.5M70.8M71.38M51.24M49.39M28.32M28.41M28.72M
Investment & Advances874.06M828.49M803.02M762.27M630.22M491.42M547.35M422.34M444.69M439.01M
Other Non-Current Assets8.18M9.33M8.89M8.77M9.8M9.1M9.79M9.02M8.82M3.26M
Deferred Charges1.92M29.71M29.8M33.65M38.78M39.39M37.05M16.78M16.8M18.29M
Intangibles159.38M157.51M158.5M158.41M156.21M70.51M71.66M2.93M2.66M2.75M
Deposits & Other Assets180.78M155.17M152.79M149.02M142.27M117.97M120.51M68.35M68.44M68.02M
Total Assets
5.42B5.38B5.2B5.2B5.17B4.15B4.05B2.59B2.59B2.56B
Notes Payable79.66M69.93M75.87M67.81M68.3M60.79M66.1M67.86M64.57M62.42M
Accounts Payable4.34B4.35B4.18B4.2B4.19B3.32B3.21B1.97B1.92B1.97B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
4.42B4.43B4.25B4.28B4.26B3.39B3.27B2.06B1.99B2.05B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt356.36M330.02M349.2M321.48M321.08M315.83M344.93M281.68M354M268.31M
Non-Current Capital Leases----------
Other Long-Term Liabilities35.23M32.05M13.73M16.3M16.24M24.18M19.36M10.41M8.06M9.13M
Total Liabilities
4.81B4.79B4.61B4.61B4.6B3.73B3.64B2.35B2.35B2.32B
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus354.37M353.81M353.29M352.31M364.43M308.97M308.46M271M269.75M269.33M
Retained Earnings271.02M266.05M258.47M256.04M238.19M236.47M230.89M231.01M229.14M226.11M
Treasury Stock15.96M16.36M16.98M17.94M22.54M120.1M121.73M252.38M251.5M251.65M
Other Liabilities-7.82M-7.58M-7.81M-8.07M-8.37M-8.44M-8.7M-8.89M-9.28M-9.44M
Shareholders Equity601.94M596.25M587.3M582.68M572.03M417.24M409.25M241.07M238.44M234.68M
Total Liabilities & Shareholders Equity5.42B5.38B5.2B5.2B5.17B4.15B4.05B2.59B2.59B2.56B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the OceanFirst Financial stock price, and OceanFirst Financial historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the OceanFirst Financial PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: Anything that the OceanFirst Financial company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. OceanFirst Financial had total assets of $5.42B.
  • Liabilities: The total liabilities of OceanFirst Financial for the quarter 2017 Q4 total to $4.81B. Liabilities for a company like OceanFirst Financial include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

OceanFirst Financial Balance Sheet - Key Ratios

Current ratio
0.93
Debt to equity ratio
0.72
Asset turnover ratio
0.04
Receivables turnover
0.06
Price to book ratio
1.48

Quarterly Balance Sheets For OceanFirst Financial Corp. Peers

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