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OP Bancorp (OP Bancorp) Liabilities-to-Assets : 0.91 (As of Mar. 2024)


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What is OP Bancorp Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. OP Bancorp's Total Liabilities for the quarter that ended in Mar. 2024 was $2,039.80 Mil. OP Bancorp's Total Assets for the quarter that ended in Mar. 2024 was $2,234.52 Mil. Therefore, OP Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.91.


OP Bancorp Liabilities-to-Assets Historical Data

The historical data trend for OP Bancorp's Liabilities-to-Assets 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.

* Premium members only.

OP Bancorp Liabilities-to-Assets Chart

OP Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.90 0.90 0.92 0.91

OP Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.92 0.91 0.91 0.91

Competitive Comparison of OP Bancorp's Liabilities-to-Assets

For the Banks - Regional subindustry, OP Bancorp's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OP Bancorp's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where OP Bancorp's Liabilities-to-Assets falls into.



OP Bancorp Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

OP Bancorp's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1955.104/2147.73
=0.91

OP Bancorp's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2039.795/2234.52
=0.91

* 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  (NAS:OPBK) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


OP Bancorp Liabilities-to-Assets Related Terms

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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