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Oconee Federal Financial Corp (OFED) |
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Oconee Federal Financial 's Working Capital Ratio
OFED's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Oconee Federal Financial 's Current Assets grew by 6 % in the III Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Oconee Federal Financial 's Working Capital Ratio to 0.84, Working Capital Ratio remained below Oconee Federal Financial Corp average.
Within S&Ls Savings Banks industry 25 other companies have achieved higher Working Capital Ratio than Oconee Federal Financial in third quarter 2023. While Working Capital Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 0 to 3462.
Explain Working Capital Ratio
How much in Current Assets OFED´s has?
What is the value of OFED´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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OFED Working Capital Ratio |
(Mar 31 2023) III. Quarter |
(Dec 31 2022) II. Quarter |
(Sep 30 2022) I. Quarter |
(Jun 30 2022) IV. Quarter |
(Mar 31 2022) III. Quarter |
Y / Y Current Liabilities Change |
3.8 % |
3.62 % |
7.09 % |
8.15 % |
7.81 % |
Y / Y Current Assets Change |
19.54 % |
-21.04 % |
-20.58 % |
-23.93 % |
-25 % |
Working Capital Ratio MRQ |
0.84 |
0.82 |
0.78 |
0.74 |
0.73 |
OFED's Total
Ranking |
# 3462 |
# 0 |
# 0 |
# 4661 |
# 5406 |
Seq. Current Liabilities Change |
3.5 % |
-0.88 % |
0.02 % |
1.16 % |
3.32 % |
Seq. Current Assets Change |
6 % |
4.86 % |
4.72 % |
2.71 % |
-29.99 % |
Working Capital Ratio third quarter 2023 Company Ranking |
Within: |
No. |
S&Ls Savings Banks Industry |
# 26 |
Financial Sector |
# 593 |
Overall Market |
# 3462 |
Working Capital Ratio Statistics |
High |
Average |
Low |
1.31 |
1.12 |
0.39 |
(Sep 30 2012) |
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(Sep 30 2014) |
Cumulative Oconee Federal Financial 's Working Capital Ratio
OFED's Working Capital Ratio for the trailling 12 Months
OFED Working Capital Ratio |
(Mar 31 2023) III. Quarter |
(Dec 31 2022) II. Quarter |
(Sep 30 2022) I. Quarter |
(Jun 30 2022) IV. Quarter |
(Mar 31 2022) III. Quarter |
Y / Y Current Liabilities TTM Growth |
3.8 % |
3.62 % |
7.09 % |
8.15 % |
7.81 % |
Y / Y Current Assets TTM Growth |
19.54 % |
-21.04 % |
-20.58 % |
-23.93 % |
-25 % |
Working Capital Ratio TTM |
0.8 |
0.77 |
0.83 |
0.9 |
0.98 |
Total
Ranking TTM |
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Seq. Current Liabilities TTM Growth |
3.5 % |
-0.88 % |
0.02 % |
1.16 % |
3.32 % |
Seq. Current Assets TTM Growth |
6 % |
4.86 % |
4.72 % |
2.71 % |
-29.99 % |
On the trailing twelve months basis OFED Current Assets increased by 19.54 % in III Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Oconee Federal Financial 's Working Capital Ratio to 0.8, Working Capital Ratio remained below OFED average. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within S&Ls Savings Banks industry 25 other companies have achieved higher Working Capital Ratio than Oconee Federal Financial . While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2022 from 0 to 4870.
Explain Working Capital Ratio
How much in Current Assets OFED´s has?
What is the value of OFED´s Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the S&Ls Savings Banks Industry |
# 26 |
Financial Sector |
# 593 |
Within the Market |
# 3462 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
1.31 |
1.12 |
0.39 |
(Sep 30 2012) |
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(Sep 30 2014) |
Companies with similar Working Capital Ratio in the quarter ending Mar 31 2023, within S&Ls Savings Banks Industry | Working Capital Ratio | Mar 31 2023 MRQ Current Assets | Mar 31 2023 MRQ Current Liabilities | Ponce Financial Group Inc | 1.60 | $ 2,140.721 Millions | $ 1,338.644 Millions | Kentucky First Federal Bancorp | 1.59 | $ 333.483 Millions | $ 209.908 Millions | Waterstone Financial Inc | 1.53 | $ 1,810.980 Millions | $ 1,182.884 Millions | Broadway Financial Corporation | 1.50 | $ 1,112.379 Millions | $ 742.383 Millions | Northfield Bancorp Inc | 1.32 | $ 5,148.938 Millions | $ 3,910.616 Millions | Nsts Bancorp Inc | 1.28 | $ 225.220 Millions | $ 175.693 Millions | First Savings Financial Group inc | 1.24 | $ 1,960.254 Millions | $ 1,580.836 Millions | Tc Bancshares Inc | 1.19 | $ 405.433 Millions | $ 341.943 Millions | Bcb Bancorp Inc | 1.18 | $ 3,374.392 Millions | $ 2,867.209 Millions | Sterling Bancorp inc | 1.17 | $ 2,303.139 Millions | $ 1,965.696 Millions | Provident Financial Holdings inc | 1.15 | $ 1,150.324 Millions | $ 1,000.864 Millions | If Bancorp Inc | 1.14 | $ 792.688 Millions | $ 692.529 Millions | Malvern Bancorp Inc | 1.14 | $ 846.218 Millions | $ 741.428 Millions | Citizens Community Bancorp Inc | 1.14 | $ 1,636.749 Millions | $ 1,436.793 Millions | First Seacoast Bancorp Inc | 1.13 | $ 529.027 Millions | $ 467.973 Millions | Farmers and Merchants Bancorp Inc | 1.10 | $ 2,806.536 Millions | $ 2,562.545 Millions | Lake Shore Bancorp Inc | 1.09 | $ 650.657 Millions | $ 597.237 Millions | Hmn Financial Inc | 1.08 | $ 1,035.795 Millions | $ 959.548 Millions | | 1.07 | $ 645.458 Millions | $ 600.429 Millions | Bv Financial Inc | 1.06 | $ 708.901 Millions | $ 666.989 Millions | First Northern Community Bancorp | 1.04 | $ 1,825.815 Millions | $ 1,751.075 Millions | Bankfinancial Corp | 1.04 | $ 1,403.017 Millions | $ 1,350.214 Millions | Magyar Bancorp Inc | 1.04 | $ 762.893 Millions | $ 736.906 Millions | Finward Bancorp | 1.02 | $ 1,888.421 Millions | $ 1,858.856 Millions | Codorus Valley Bancorp Inc | 1.01 | $ 1,976.187 Millions | $ 1,950.756 Millions | Bankunited inc | 0.97 | $ 24,960.007 Millions | $ 25,722.898 Millions | Home Federal Bancorp Inc Of Louisiana | 0.92 | $ 576.718 Millions | $ 627.336 Millions | Oconee Federal Financial Corp | 0.84 | $ 399.112 Millions | $ 472.539 Millions | Territorial Bancorp Inc | 0.83 | $ 1,409.687 Millions | $ 1,695.460 Millions | Salisbury Bancorp Inc | 0.83 | $ 1,466.065 Millions | $ 1,770.911 Millions |
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