Eastern Current Deferred Revenue vs Accounts Payable Analysis
EBC Stock | USD 18.76 0.27 1.42% |
Eastern Bankshares financial indicator trend analysis is much more than just examining Eastern Bankshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastern Bankshares is a good investment. Please check the relationship between Eastern Bankshares Current Deferred Revenue and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.
Current Deferred Revenue vs Accounts Payable
Current Deferred Revenue vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Bankshares Current Deferred Revenue account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Eastern Bankshares' Current Deferred Revenue and Accounts Payable is -0.33. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Eastern Bankshares, assuming nothing else is changed. The correlation between historical values of Eastern Bankshares' Current Deferred Revenue and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Eastern Bankshares are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Current Deferred Revenue i.e., Eastern Bankshares' Current Deferred Revenue and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.33 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Accounts Payable
An accounting item on the balance sheet that represents Eastern Bankshares obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Eastern Bankshares are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Eastern Bankshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastern Bankshares current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.The current year's Selling General Administrative is expected to grow to about 344.6 M, whereas Tax Provision is projected to grow to (49.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 435.2M | 605.2M | 767.8M | 565.0M | Net Interest Income | 429.8M | 568.1M | 567.1M | 507.4M |
Eastern Bankshares fundamental ratios Correlations
Click cells to compare fundamentals
Eastern Bankshares Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Eastern Bankshares fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Current Liabilities | 19.0M | 14.6M | 14.0M | 331.6M | 9.8B | 10.3B | |
Other Liab | 222.2M | 223.0M | 443.2M | 317.2M | 364.7M | 263.2M | |
Net Tangible Assets | 1.2B | 3.1B | 2.8B | 1.8B | 2.1B | 1.7B | |
Retained Earnings | 1.6B | 1.7B | 1.8B | 1.9B | 2.0B | 1.7B | |
Accounts Payable | 9.6B | 12.2B | 19.6B | 19.0B | 21.8B | 12.7B | |
Other Assets | 7.6B | 7.1B | 4.5B | 7.8B | (5.3B) | (5.0B) | |
Other Current Assets | 424.9M | 2.2B | 1.4B | 366.8M | 183.1M | 173.9M | |
Other Stockholder Equity | 57.2M | 1.7B | 1.7B | 1.5B | 1.5B | 889.6M | |
Total Current Assets | 1.9B | 5.2B | 9.7B | 6.9B | 876.1M | 832.3M | |
Property Plant Equipment | 56.6M | 130.3M | 81.0M | 120.1M | 138.1M | 87.7M | |
Total Assets | 11.6B | 16.0B | 23.5B | 22.6B | 21.1B | 19.5B | |
Short Long Term Debt Total | 34.3M | 28.0M | 34.3M | 1.4B | 48.2M | 45.8M | |
Total Stockholder Equity | 1.6B | 3.4B | 3.4B | 2.5B | 3.0B | 2.8B | |
Property Plant And Equipment Net | 56.6M | 49.4M | 81.0M | 62.7M | 60.1M | 69.0M | |
Net Debt | (101.2M) | (2.0B) | (1.2B) | 571.3M | (644.9M) | (677.1M) | |
Cash | 135.5M | 2.1B | 1.2B | 169.5M | 693.1M | 812.8M | |
Non Current Assets Total | 2.2B | 3.6B | 9.2B | 8.0B | 25.5B | 26.8B | |
Non Currrent Assets Other | (63.9M) | (13.2M) | (76.5M) | (268.2M) | (5.8B) | (5.5B) | |
Long Term Debt | 34.3M | 28.0M | 34.3M | 740.8M | 48.1M | 45.7M | |
Cash And Short Term Investments | 1.9B | 5.2B | 9.7B | 6.9B | 693.1M | 658.4M | |
Net Receivables | 5M | 17.1M | 17.7M | 17.5M | 20.1M | 13.6M | |
Short Term Investments | 1.7B | 3.2B | 8.5B | 6.7B | 4.4B | 4.8B | |
Liabilities And Stockholders Equity | 11.6B | 16.0B | 23.5B | 22.6B | 21.1B | 19.5B | |
Non Current Liabilities Total | 34.3M | 28.0M | 34.3M | 19.8B | 18.2B | 19.1B | |
Total Liab | 34.3M | 28.0M | 34.3M | 20.2B | 18.2B | 19.1B | |
Net Invested Capital | 1.6B | 3.5B | 3.4B | 3.2B | 3.0B | 3.0B | |
Long Term Investments | 1.7B | 5.1B | 9.6B | 7.2B | 4.9B | 5.5B | |
Property Plant And Equipment Gross | 56.6M | 48.7M | 174.4M | 156.4M | 155.7M | 120.7M | |
Accumulated Other Comprehensive Income | (43.8M) | 54.2M | (56.7M) | (923.2M) | (608.4M) | (577.9M) | |
Intangible Assets | 8.7M | 7.1M | 18.2M | 20.9M | 8.6M | 13.9M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Eastern Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eastern Bankshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eastern Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eastern Bankshares Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastern Bankshares. If investors know Eastern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastern Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.46) | Dividend Share 0.44 | Earnings Share 0.53 | Revenue Per Share 3.554 | Quarterly Revenue Growth 0.049 |
The market value of Eastern Bankshares is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern Bankshares' value that differs from its market value or its book value, called intrinsic value, which is Eastern Bankshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastern Bankshares' market value can be influenced by many factors that don't directly affect Eastern Bankshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastern Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern Bankshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.