OceanFirst Financial Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has OceanFirst Financial Corp.'s balance sheet done over the years? Its assets were worth $13,538,253,000 last year, which is more than in the previous period. 88% of OceanFirst Financial Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $11,876,308,000, which means an increase by 3% compared compared to last year.
Debt to Assets
| 2014 | 2356714000 | 332.73M | 14.12% |
|---|---|---|---|
| 2015 | 2593068000 | 346.88M | 13.38% |
| 2016 | 5167052000 | 307.05M | 5.94% |
| 2017 | 5416006000 | 345.21M | 6.37% |
| 2018 | 7516154000 | 6.47B | 86.17% |
| 2019 | 8246145000 | 616.06M | 7.47% |
| 2020 | 11448313000 | 235.47M | 2.06% |
| 2021 | 11739616000 | 229.14M | 1.95% |
| 2022 | 13103896000 | 11.51B | 87.9% |
| 2023 | 13538253000 | 11.87B | 87.72% |
OCFCP Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 153.71M | 167.94M | 204.94M | 1.27B | 120.54M | 120.79M | 109.61M | 301.37M | 43.94M | 36.11M |
Short term investments | 753.89M | 457.64M | 568.25M | 183.30M | 150.96M | 100.71M | 90.28M | 12.22M | 29.90M | 19.80M |
Net receivables | 0 | 44.70M | 32.60M | 35.26M | 21.67M | 19.68M | 0 | 11.98M | 5.86M | 5.50M |
Inventory | 0 | -215.36M | -243.89M | -1.31B | -146.26M | 0 | -136.09M | -323.52M | 0 | 0 |
Other current assets | 0 | 215.36M | 243.89M | 1.31B | 146.26M | 5.85B | 0 | 323.52M | 0 | 0 |
Total current assets | 153.71M | 670.29M | 805.81M | 1.49B | 293.17M | 6.09B | 214.14M | 325.58M | 79.70M | 61.42M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 140.35M | 126.70M | 125.82M | 107.09M | 102.69M | 111.20M | 101.77M | 71.38M | 28.41M | 24.73M |
Goodwill | 506.14M | 506.14M | 500.31M | 500.31M | 374.63M | 338.44M | 150.50M | 145.06M | 1.82M | 0 |
Intangible assets | 9.51M | 13.49M | 18.21M | 23.66M | 15.60M | 16.97M | 8.88M | 10.92M | 256K | 701K |
Long term investments | 2.01B | 1.78B | 1.80B | 1.22B | 929.96M | 957.18M | 854.34M | 610.91M | 424.71M | 489.22M |
Other non-current assets | 10.66B | -2.42B | -2.45B | -1.85B | -50.06M | -63.37M | -16.77M | -42.87M | -16.80M | -16.29M |
Total non-current assets | 13.33B | 2.42B | 2.45B | 1.85B | 1.42B | 1.42B | 1.11B | 838.28M | 455.21M | 513.95M |
Total assets | 13.53B | 13.10B | 11.73B | 11.44B | 8.24B | 7.51B | 5.41B | 5.16B | 2.59B | 2.35B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 322.26M | 1.28B | 123.48M | 134.48M | 435.18M | 341.83M | 0 | 71.85M | 0 | 0 |
Total current liabilities | 5.29B | 4.11B | 3.82B | 4.02B | 2.91B | 2.50B | 1.60B | 1.31B | 0 | 0 |
| Non-current liabilities: | ||||||||||
Long term debt | 815.99M | 1.40B | 229.14M | 235.47M | 616.06M | 548.91M | 345.21M | 307.05M | 346.88M | 332.73M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 11.06B | -1.40B | -229.14M | -235.47M | -616.06M | 51.55M | 4.46B | -3.99M | 2.00B | 1.80B |
Total non-current liabilities | 11.87B | 11.51B | 229.14M | 235.47M | 616.06M | 548.91M | 345.21M | 307.05M | 346.88M | 332.73M |
Total liabilities | 11.87B | 11.51B | 229.14M | 235.47M | 616.06M | 6.47B | 345.21M | 307.05M | 346.88M | 332.73M |
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