What is OP Bancorp Cash-to-Debt?
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. OP Bancorp's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.80.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, OP Bancorp couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for OP Bancorp's Cash-to-Debt or its related term are showing as below:
OPBK'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.8 Med: 5.22 Max: No Debt
Current: 1.22
During the past 13 years, OP Bancorp's highest Cash to Debt Ratio was No Debt. The lowest was 0.80. And the median was 5.22.
OP Bancorp Cash-to-Debt Historical Data
The historical data trend for OP Bancorp's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
OP Bancorp Cash-to-Debt Chart
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OP Bancorp Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
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|
|
8.50 |
7.92 |
11.20 |
8.12 |
0.80 |
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OP Bancorp Quarterly Data
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Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
| Cash-to-Debt |
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|
|
|
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|
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3.00 |
1.68 |
1.01 |
0.80 |
1.22 |
Competitive Comparison of OP Bancorp's Cash-to-Debt
For the Banks - Regional subindustry, OP Bancorp's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
OP Bancorp's Cash-to-Debt Distribution in the Banks Industry
For the Banks industry and Financial Services sector, OP Bancorp's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where OP Bancorp's Cash-to-Debt falls into.
OP Bancorp Cash-to-Debt Calculation
This is the ratio of a company's
Balance Sheet Cash And Cash Equivalents
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
OP Bancorp's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
OP Bancorp's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
OP Bancorp (OP Bancorp) Business Description
Traded in Other Exchanges
N/A
Address
1000 Wilshire Boulevard, Suite 500, Los Angeles, CA, USA, 90017
OP Bancorp is engaged in the financial service domain in the United States. It is a holding company of the Open Bank, which is a California state-chartered an FDIC-insured financial institution. The company core activities reflect accepting deposits and making loans and investments. Its deposit products are demand and time deposits, and the primary lending products are commercial business loans which are offered to small and medium-sized businesses.
Executives
| Hyung J Kim |
director |
1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017 |
| Sunny Kwon |
director |
1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017 |
| Yong Sin Shin |
director |
1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017 |
| Brian Choi |
director |
1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017 |
| Ock Hee Kim |
director |
1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017 |
| Ryan Shin |
officer: Chief SBA Officer |
1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017 |
| Jae H. Park |
officer: Chief Risk Officer |
1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017 |
| Ki Won Yoon |
officer: Chief Lending Officer |
1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017 |
| Kathrine Duncan |
officer: Chief Risk Officer |
1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017 |
| Ihnsuk Jimmy Bang |
officer: Chief Banking Officer |
1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017 |
| Ernest Dow |
director |
1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017 |
| Christine Yoon Oh |
officer: Chief Financial Officer |
3731 WILSHIRE BLVD., SUITE 1000, LOS ANGELES CA 90010 |
| Myung Park |
director |
1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017 |
| Jason Hwang |
director |
1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017 |
| Sang Kyo Oh |
officer: CHIEF CREDIT OFFICER |
1000 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90017 |
OP Bancorp (OP Bancorp) Headlines
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