In terms of working capital, OFG Bancorp maintains a healthy position.
The total current assets of the company are valued at $923014000.
This represents a growth rate of -55.771% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $748173000, exhibiting a growth rate of 35.917% year-on-year.
The receivables, another significant portion of the current assets, are valued at $119259000.
The year-on-year growth rate for receivables is -21.881%.
The inventory, which forms a critical part of the assets, is valued at $628914000.
This represents a healthy year-on-year growth of -184.870%
On the liabilities side, the company's current liabilities total $6088142000.
This reflects a growth rate of 16.138% over the previous year, indicating the company's financial obligations are well under control.
2023
2022
2021
2020
2019
2018
Cash and investments
748.17
550.46
2023.65
2154.20
852.76
450.06
Receavebles
119.26
152.66
181.93
144.39
138.24
105.98
Inventory
628.91
741.03
2193.6
2329.24
997.31
31.61
Other
923.01
712.19
2193.60
2329.24
997.31
3784.08
Total Current Assets
923.01
2086.91
2716.30
2745.03
2065.17
5147.35
Acc Payable
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Debt
8.30
35.94
37.71
38.79
182.78
248.29
Other Current Liab
6079.84
5206.21
5240.47
4648.26
3612.88
2212.75
Current Liabilities
6088.14
5242.15
5278.18
4687.05
3795.66
2461.05
Capital Structure
When examining the capital structure of OFG Bancorp, it is clear that the company manages a robust portfolio.
These earnings represent the profits that OFG Bancorp has chosen to reinvest in the business rather than distribute as dividends.
