Oconee Fin Financials
This page shows Oconee Fin (OSBK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Oconee Fin passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
For every $1 of reported earnings, Oconee Fin generates $-1.10 in operating cash flow ($2.3M OCF vs -$2.1M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Oconee Fin generated $2.3M in free cash flow in fiscal year 2011, representing cash available after capex. This represents a decrease of 35.2% from the prior year.
Oconee Fin reported -$2.1M in net income in fiscal year 2011. This represents a decrease of 97.6% from the prior year.
Oconee Fin held $18.2M in cash against $0 in long-term debt as of fiscal year 2011.
Oconee Fin had 899,815 shares outstanding in fiscal year 2011. This represents an increase of 0.0% from the prior year.
Oconee Fin invested $78K in capex in fiscal year 2011, funding long-term assets and infrastructure. This represents a decrease of 24.5% from the prior year.
OSBK Income Statement
| Metric | Q1'12 | Q1'11 | Q3'11 | Q2'11 | Q1'11 | Q4'10 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $443K | N/A | $491K-12.7% | $563K-14.0% | $654K | N/A | $884K-3.0% | $911K |
| Income Tax | $250K | N/A | $181K+155.1% | -$328K-3276.5% | -$10K | N/A | -$596K-200.4% | -$198K |
| Net Income | $376K | N/A | $108K+121.9% | -$494K-3081.7% | -$16K | N/A | -$949K-556.7% | -$144K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
OSBK Balance Sheet
| Metric | Q1'12 | Q1'11 | Q3'11 | Q2'11 | Q1'11 | Q4'10 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $277.3M+6.7% | $259.8M0.0% | $259.8M-3.5% | $269.1M | N/A | $279.4M | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $45.2M+148.3% | $18.2M-19.3% | $22.6M-1.7% | $23.0M-26.8% | $31.4M+4.7% | $30.0M+5.6% | $28.4M+41.9% | $20.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $254.7M+7.1% | $237.7M+0.9% | $235.5M-4.2% | $245.8M | N/A | $256.4M | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $22.6M+1.9% | $22.2M-8.6% | $24.3M+4.2% | $23.3M | N/A | $22.9M | N/A | N/A |
| Retained Earnings | $15.5M+2.5% | $15.1M-10.2% | $16.8M+0.6% | $16.7M | N/A | $17.2M | N/A | N/A |
OSBK Cash Flow Statement
| Metric | Q1'12 | Q1'11 | Q3'11 | Q2'11 | Q1'11 | Q4'10 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.7M+815.7% | $188K-77.7% | $845K+99.3% | $424K-52.0% | $883K-37.3% | $1.4M+255.3% | $396K | N/A |
| Capital Expenditures | $21K-42.8% | $36K+231.3% | $11K-17.8% | $13K-22.3% | $17K+115.8% | $8K-65.4% | $23K | N/A |
| Free Cash Flow | $1.7M+1021.9% | $152K-81.8% | $834K+103.2% | $410K-52.6% | $866K-38.1% | $1.4M+275.1% | $373K | N/A |
| Investing Cash Flow | $7.7M+225.6% | -$6.1M-167.9% | $9.0M+404.6% | -$3.0M-155.9% | $5.3M+227.4% | -$4.1M-135.6% | $11.7M | N/A |
| Financing Cash Flow | $17.6M+1025.6% | $1.6M+115.2% | -$10.2M-74.5% | -$5.9M-23.1% | -$4.8M-210.3% | $4.3M+217.2% | -$3.7M | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
OSBK Financial Ratios
| Metric | Q1'12 | Q1'11 | Q3'11 | Q2'11 | Q1'11 | Q4'10 | Q3'10 | Q2'10 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | 1.7% | N/A | 0.4% | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 0.1% | N/A | 0.0%+0.2pp | -0.2% | N/A | N/A | N/A | N/A |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 11.26+0.6 | 10.71+1.0 | 9.70-0.9 | 10.55 | N/A | 11.18 | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
Is Oconee Fin profitable?
No, Oconee Fin (OSBK) reported a net income of -$2.1M in fiscal year 2011.
What is Oconee Fin's free cash flow?
Oconee Fin (OSBK) generated $2.3M in free cash flow during fiscal year 2011. This represents a -35.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Oconee Fin's operating cash flow?
Oconee Fin (OSBK) generated $2.3M in operating cash flow during fiscal year 2011, representing cash generated from core business activities.
What are Oconee Fin's total assets?
Oconee Fin (OSBK) had $259.8M in total assets as of fiscal year 2011, including both current and long-term assets.
What are Oconee Fin's capital expenditures?
Oconee Fin (OSBK) invested $78K in capital expenditures during fiscal year 2011, funding long-term assets and infrastructure.
How many shares does Oconee Fin have outstanding?
Oconee Fin (OSBK) had 899,815 shares outstanding as of fiscal year 2011.
What is Oconee Fin's debt-to-equity ratio?
Oconee Fin (OSBK) had a debt-to-equity ratio of 10.71 as of fiscal year 2011, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Oconee Fin's return on assets (ROA)?
Oconee Fin (OSBK) had a return on assets of -0.8% for fiscal year 2011, measuring how efficiently the company uses its assets to generate profit.
What is Oconee Fin's Piotroski F-Score?
Oconee Fin (OSBK) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Oconee Fin's earnings high quality?
Oconee Fin (OSBK) has an earnings quality ratio of -1.10x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.