OceanFirst Financial Corp (OCFC)
20.14
+0.16
(+0.80%)
USD |
NASDAQ |
Nov 21, 16:00
22.49
+2.35
(+11.67%)
After-Hours: 05:07
OceanFirst Financial Debt to Equity Ratio: 0.7745 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.7745 |
| June 30, 2024 | 0.7243 |
| March 31, 2024 | 0.6511 |
| December 31, 2023 | 0.5856 |
| September 30, 2023 | 0.4901 |
| June 30, 2023 | 0.7922 |
| March 31, 2023 | 0.9582 |
| December 31, 2022 | 0.8876 |
| September 30, 2022 | 0.4607 |
| June 30, 2022 | 0.4495 |
| March 31, 2022 | 0.1773 |
| December 31, 2021 | 0.1511 |
| September 30, 2021 | 0.1513 |
| June 30, 2021 | 0.1515 |
| March 31, 2021 | 0.1522 |
| December 31, 2020 | 0.1587 |
| September 30, 2020 | 0.4039 |
| June 30, 2020 | 0.3998 |
| March 31, 2020 | 0.671 |
| December 31, 2019 | 0.5343 |
| September 30, 2019 | 0.5319 |
| June 30, 2019 | 0.4838 |
| March 31, 2019 | 0.4592 |
| December 31, 2018 | 0.5281 |
| September 30, 2018 | 0.5402 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.7641 |
| March 31, 2018 | 0.4377 |
| December 31, 2017 | 0.5735 |
| September 30, 2017 | 0.5294 |
| June 30, 2017 | 0.569 |
| March 31, 2017 | 0.5262 |
| December 31, 2016 | 0.5369 |
| September 30, 2016 | 0.7371 |
| June 30, 2016 | 0.8188 |
| March 31, 2016 | 1.138 |
| December 31, 2015 | 1.455 |
| September 30, 2015 | 1.11 |
| June 30, 2015 | 1.458 |
| March 31, 2015 | 1.268 |
| December 31, 2014 | 1.524 |
| September 30, 2014 | 1.064 |
| June 30, 2014 | 1.540 |
| March 31, 2014 | 1.202 |
| December 31, 2013 | 0.9447 |
| September 30, 2013 | 1.013 |
| June 30, 2013 | 1.373 |
| March 31, 2013 | 1.150 |
| December 31, 2012 | 1.149 |
| September 30, 2012 | 1.149 |
| June 30, 2012 | 1.254 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.1511
Minimum
Dec 2021
0.9582
Maximum
Mar 2023
0.4862
Average
0.4754
Median
Debt to Equity Ratio Benchmarks
| Brookline Bancorp Inc | 1.217 |
| Broadway Financial Corp | 1.077 |
| Carver Bancorp Inc | 0.9604 |
| Pathward Financial Inc | 0.4886 |
| Capitol Federal Financial Inc | 2.111 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 13.49B |
| Total Liabilities (Quarterly) | 11.79B |
| Shareholders Equity (Quarterly) | 1.694B |
| Current Ratio | 14.47 |
| Net Debt Paydown Yield | -0.45% |