OceanFirst Financial Balance Sheet - Quarterly (NASDAQ:OCFC)

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$29.34 $0.08 (0.27%) OCFC stock closing price Aug 17, 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 2018 Q2 indicates an asset turnover ratio of 0.04 and debt to equity ratio of 0.84. 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 - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash254.47M119.36M109.61M255.25M107.66M175.25M301.37M311.58M66.22M34.26M
Marketable Securities----------
Receivables5.57B5.43B3.98B3.88B3.88B3.84B3.82B3.04B3.14B2B
Inventory------1.55M21.67M5.31M3.38M
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets----------
Total Current Assets
5.83B5.55B4.09B4.14B3.99B4.01B4.12B3.37B3.21B2.04B
Property Plant & Equipment--160.94M---126.24M---
Accumulated Depreciation--59.17M---54.86M---
Net Property Plant & Equipment
113.78M121.83M101.77M64.35M59.5M70.8M71.38M51.24M49.39M28.32M
Investment & Advances1.1B1.13B874.06M828.49M803.02M762.27M630.22M491.42M547.35M422.34M
Other Non-Current Assets7.85M8.26M8.18M9.33M8.89M8.77M9.8M9.1M9.79M9.02M
Deferred Charges59.28M60.13M1.92M29.71M29.8M33.65M38.78M39.39M37.05M16.78M
Intangibles357.92M357.46M159.38M157.51M158.5M158.41M156.21M70.51M71.66M2.93M
Deposits & Other Assets270.33M265.5M180.78M155.17M152.79M149.02M142.27M117.97M120.51M68.35M
Total Assets
7.74B7.49B5.42B5.38B5.2B5.2B5.17B4.15B4.05B2.59B
Notes Payable62.18M79.66M69.93M75.87M67.81M68.3M60.79M66.1M67.86M64.57M
Accounts Payable5.82B5.91B4.34B4.35B4.18B4.2B4.19B3.32B3.21B1.97B
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
5.88B5.99B4.42B4.43B4.25B4.28B4.26B3.39B3.27B2.06B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt791.43M452.97M356.36M330.02M349.2M321.48M321.08M315.83M344.93M281.68M
Non-Current Capital Leases----------
Other Long-Term Liabilities51.33M44.66M35.23M32.05M13.73M16.3M16.24M24.18M19.36M10.41M
Total Liabilities
6.72B6.49B4.81B4.79B4.61B4.61B4.6B3.73B3.64B2.35B
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus752.22M745.48M354.37M353.81M353.29M352.31M364.43M308.97M308.46M271M
Retained Earnings273.75M268.99M271.02M266.05M258.47M256.04M238.19M236.47M230.89M231.01M
Treasury Stock--15.96M16.36M16.98M17.94M22.54M120.1M121.73M252.38M
Other Liabilities-13.89M-7.49M-7.82M-7.58M-7.81M-8.07M-8.37M-8.44M-8.7M-8.89M
Shareholders Equity1.01B1.01B601.94M596.25M587.3M582.68M572.03M417.24M409.25M241.07M
Total Liabilities & Shareholders Equity7.74B7.49B5.42B5.38B5.2B5.2B5.17B4.15B4.05B2.59B
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 $7.74B.
  • Liabilities: The total liabilities of OceanFirst Financial for the quarter 2018 Q2 total to $6.72B. 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
0.99
Debt to equity ratio
0.84
Asset turnover ratio
0.04
Receivables turnover
0.06
Price to book ratio
1.84

Quarterly Balance Sheets For OceanFirst Financial Corp. Peers

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