OPBK Total Assets vs Other Current Liab Analysis

OPBK Stock  USD 9.80  0.20  2.08%   
OP Bancorp financial indicator trend analysis is much more than just breaking down OP Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OP Bancorp is a good investment. Please check the relationship between OP Bancorp Total Assets and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OP Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy OPBK Stock please use our How to buy in OPBK Stock guide.

Total Assets vs Other Current Liab

Total Assets vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of OP Bancorp Total Assets account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between OP Bancorp's Total Assets and Other Current Liab is 0.64. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of OP Bancorp, assuming nothing else is changed. The correlation between historical values of OP Bancorp's Total Assets and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of OP Bancorp are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Total Assets i.e., OP Bancorp's Total Assets and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of OP Bancorp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in OP Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Other Current Liab

Most indicators from OP Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OP 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 OP Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy OPBK Stock please use our How to buy in OPBK Stock guide.At this time, OP Bancorp's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 230.77 this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.22.
 2021 2022 2023 2024 (projected)
Gross Profit77.0M94.5M135.8M142.6M
Total Revenue77.0M94.5M135.8M142.6M

OP Bancorp fundamental ratios Correlations

0.640.640.890.85-0.120.990.740.760.70.291.00.360.980.740.71.00.920.750.70.540.610.970.640.910.57
0.641.00.350.310.620.70.980.211.00.850.69-0.480.750.260.180.640.840.00.160.260.970.661.00.40.96
0.641.00.350.320.610.710.980.211.00.850.69-0.470.760.270.180.650.850.010.160.260.970.661.00.40.96
0.890.350.350.93-0.410.840.480.890.42-0.030.870.570.810.90.840.880.730.820.860.550.320.810.350.990.27
0.850.310.320.93-0.40.810.440.850.39-0.070.820.570.760.790.770.840.760.810.760.640.30.780.320.930.27
-0.120.620.61-0.41-0.4-0.040.5-0.610.560.86-0.05-0.90.06-0.39-0.42-0.110.17-0.69-0.49-0.280.62-0.030.62-0.360.67
0.990.70.710.840.81-0.040.80.70.770.370.980.270.990.650.590.990.940.690.60.620.660.980.70.870.62
0.740.980.980.480.440.50.80.310.990.80.79-0.350.840.380.290.740.910.140.290.340.940.750.980.520.93
0.760.210.210.890.85-0.610.70.310.27-0.230.730.650.650.830.770.750.610.840.820.550.210.660.210.870.15
0.71.01.00.420.390.560.770.990.270.820.75-0.40.810.310.230.710.880.090.210.310.970.731.00.470.95
0.290.850.85-0.03-0.070.860.370.8-0.230.820.35-0.710.46-0.07-0.150.290.52-0.35-0.17-0.080.840.350.850.020.86
1.00.690.690.870.82-0.050.980.790.730.750.350.280.990.740.71.00.940.70.70.510.670.960.690.90.63
0.36-0.48-0.470.570.57-0.90.27-0.350.65-0.4-0.710.280.20.480.540.350.020.880.560.35-0.480.32-0.480.53-0.52
0.980.750.760.810.760.060.990.840.650.810.460.990.20.650.60.980.940.630.590.520.720.980.750.840.69
0.740.260.270.90.79-0.390.650.380.830.31-0.070.740.480.650.960.730.610.680.980.210.280.60.270.870.23
0.70.180.180.840.77-0.420.590.290.770.23-0.150.70.540.60.960.690.550.70.970.130.20.570.180.830.16
1.00.640.650.880.84-0.110.990.740.750.710.291.00.350.980.730.690.920.750.690.540.610.970.640.910.58
0.920.840.850.730.760.170.940.910.610.880.520.940.020.940.610.550.920.480.540.530.820.890.840.770.79
0.750.00.010.820.81-0.690.690.140.840.09-0.350.70.880.630.680.70.750.480.720.53-0.020.720.00.8-0.06
0.70.160.160.860.76-0.490.60.290.820.21-0.170.70.560.590.980.970.690.540.720.170.180.550.160.830.13
0.540.260.260.550.64-0.280.620.340.550.31-0.080.510.350.520.210.130.540.530.530.170.170.570.250.580.15
0.610.970.970.320.30.620.660.940.210.970.840.67-0.480.720.280.20.610.82-0.020.180.170.620.980.371.0
0.970.660.660.810.78-0.030.980.750.660.730.350.960.320.980.60.570.970.890.720.550.570.620.660.830.58
0.641.01.00.350.320.620.70.980.211.00.850.69-0.480.750.270.180.640.840.00.160.250.980.660.40.97
0.910.40.40.990.93-0.360.870.520.870.470.020.90.530.840.870.830.910.770.80.830.580.370.830.40.33
0.570.960.960.270.270.670.620.930.150.950.860.63-0.520.690.230.160.580.79-0.060.130.151.00.580.970.33
Click cells to compare fundamentals

OP Bancorp Account Relationship Matchups

OP Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.4B1.7B2.1B2.2B2.3B
Other Current Liab(2.7M)(1.0M)(558K)(10.2M)853.9M896.6M
Total Current Liabilities2.7M1.0M558K2.8M961.5M1.0B
Total Stockholder Equity140.6M143.4M165.2M176.9M192.6M106.3M
Property Plant And Equipment Net13.5M11.3M13.3M13.5M13.7M8.0M
Net Debt(75.9M)(93.0M)(105.2M)(72.7M)23.1M24.3M
Retained Earnings46.5M55.4M79.1M105.7M120.9M126.9M
Accounts Payable2.7M1.0M558K2.8M12.6M13.3M
Cash86.0M106.4M115.5M83.0M91.2M63.1M
Non Current Assets Total79.2M113.1M174.7M235.4M2.1B2.2B
Non Currrent Assets Other(79.2M)(113.1M)(174.7M)(27.1M)139.3M146.3M
Other Assets954.6M1.1B1.3B1.6B1.8B1.9B
Cash And Short Term Investments142.6M198.2M265.9M292.8M(16.9M)(16.1M)
Net Receivables3.2M4.0M4.6M7.2M8.3M8.7M
Common Stock Total Equity86.4M78.7M78.7M79.3M91.2M68.1M
Common Stock Shares Outstanding15.9M15.2M15.2M15.2M15.2M12.9M
Liabilities And Stockholders Equity1.2B1.4B1.7B2.1B2.2B2.3B
Total Liab1.0B1.2B1.6B1.9B2.0B2.1B
Property Plant And Equipment Gross13.5M11.3M13.3M13.5M26.0M27.2M
Total Current Assets145.8M202.2M270.5M300.0M99.5M132.8M
Accumulated Other Comprehensive Income188K840K(1.2M)(17.8M)(15.5M)(14.7M)
Common Stock86.4M78.7M78.7M79.3M76.3M69.3M
Other Current Assets89.2M110.4M120.0M90.2M99.5M67.4M
Short Term Investments56.5M91.8M150.4M209.8M194.3M204.0M
Non Current Liabilities Total10.1M13.4M10.3M2.8M998.1M1.0B
Other Stockholder Equity7.5M8.5M8.6M9.7M10.9M6.4M
Short Term Debt10.1M8.4M2.2M10.2M107.6M113.0M
Other Liab5.4M8.9M16.5M18.8M21.6M22.7M
Net Tangible Assets140.6M143.4M165.2M176.9M203.5M130.4M
Long Term Investments65.7M101.8M161.4M221.9M210.5M106.9M
Intangible Assets7.0M7.4M12.7M12.8M11.7M9.1M
Property Plant Equipment13.5M11.3M13.3M4.4M5.1M8.2M
Capital Surpluse7.5M8.5M8.6M9.7M11.2M7.4M
Inventory(89.2M)(110.4M)(120.0M)(90.2M)(1.7B)(1.6B)

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When determining whether OP Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if OPBK Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Op Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Op Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OP Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy OPBK Stock please use our How to buy in OPBK Stock guide.
Note that the OP Bancorp information on this page should be used as a complementary analysis to other OP 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Is OP 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 OP Bancorp. If investors know OPBK 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 OP 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
(0.29)
Dividend Share
0.48
Earnings Share
1.41
Revenue Per Share
5.181
Quarterly Revenue Growth
(0.14)
The market value of OP Bancorp is measured differently than its book value, which is the value of OPBK that is recorded on the company's balance sheet. Investors also form their own opinion of OP Bancorp's value that differs from its market value or its book value, called intrinsic value, which is OP 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 OP Bancorp's market value can be influenced by many factors that don't directly affect OP 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 OP Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if OP Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OP 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.