CSIMarket
 


Oconee Federal Financial Corp   (OFED)
Other Ticker:  
 
    Sector  Financial    Industry S&Ls Savings Banks
   Industry S&Ls Savings Banks
   Sector  Financial

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?


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)   (Sep 30 2014)




Financial Statements
Oconee Federal Financial 's Current Liabilities $ 473 Millions Visit OFED's Balance sheet
Oconee Federal Financial 's Current Assets $ 399 Millions Visit OFED's Balance sheet
Source of OFED's Sales Visit OFED's Sales by Geography


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 # # # # #
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)   (Sep 30 2014)




Companies with similar Working Capital Ratio in the quarter ending Mar 31 2023, within S&Ls Savings Banks Industry Working Capital RatioMar 31 2023 MRQ Current AssetsMar 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

Date modified: 2023-08-20T11:10:11+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com