OFG Fixed Asset Turnover from 2010 to 2024

OFG Stock  USD 36.97  0.72  1.99%   
OFG Bancorp's Fixed Asset Turnover is increasing over the last several years with very volatile swings. Fixed Asset Turnover is predicted to flatten to 3.64. During the period from 2010 to 2024 OFG Bancorp Fixed Asset Turnover regressed destribution of quarterly values had coefficient of variationof  38.45 and r-value of  0.05. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
6.17473992
Current Value
3.64
Quarterly Volatility
1.78265853
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OFG Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OFG main balance sheet or income statement drivers, such as Interest Expense of 8.3 M, Other Operating Expenses of 538 M or Operating Income of 660.4 M, as well as many exotic indicators such as Price To Sales Ratio of 3.17, Dividend Yield of 0.0271 or PTB Ratio of 1.72. OFG financial statements analysis is a perfect complement when working with OFG Bancorp Valuation or Volatility modules.
  
This module can also supplement OFG Bancorp's financial leverage analysis and stock options assessment as well as various OFG Bancorp Technical models . Check out the analysis of OFG Bancorp Correlation against competitors.
For more detail on how to invest in OFG Stock please use our How to Invest in OFG Bancorp guide.

Latest OFG Bancorp's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of OFG Bancorp over the last few years. It is OFG Bancorp's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OFG Bancorp's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Very volatile
   Fixed Asset Turnover   
       Timeline  

OFG Fixed Asset Turnover Regression Statistics

Arithmetic Mean4.64
Geometric Mean4.22
Coefficient Of Variation38.45
Mean Deviation1.20
Median4.67
Standard Deviation1.78
Sample Variance3.18
Range7.9188
R-Value0.05
Mean Square Error3.41
R-Squared0
Significance0.86
Slope0.02
Total Sum of Squares44.49

OFG Fixed Asset Turnover History

2024 3.64
2023 6.17
2022 4.64
2021 4.47
2020 4.14
2019 3.27
2018 5.55

About OFG Bancorp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include OFG Bancorp income statement, its balance sheet, and the statement of cash flows. OFG Bancorp investors use historical funamental indicators, such as OFG Bancorp's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although OFG Bancorp investors may use each financial statement separately, they are all related. The changes in OFG Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on OFG Bancorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on OFG Bancorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in OFG Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.17  3.64 

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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 the analysis of OFG Bancorp Correlation against competitors.
For more detail on how to invest in OFG Stock please use our How to Invest in OFG Bancorp guide.
Note that the OFG Bancorp information on this page should be used as a complementary analysis to other OFG Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running OFG Bancorp's price analysis, check to measure OFG Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OFG Bancorp is operating at the current time. Most of OFG Bancorp's value examination focuses on studying past and present price action to predict the probability of OFG Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OFG Bancorp's price. Additionally, you may evaluate how the addition of OFG Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is OFG Bancorp's industry 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
0.094
Dividend Share
0.91
Earnings Share
3.92
Revenue Per Share
13.422
Quarterly Revenue Growth
0.026
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.