East Depreciation And Amortization vs Income Tax Expense Analysis
EWBC Stock | USD 106.83 1.33 1.26% |
East West financial indicator trend analysis is much more than just examining East West Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether East West Bancorp is a good investment. Please check the relationship between East West Depreciation And Amortization and its Income Tax Expense accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in East West Bancorp. 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.
Depreciation And Amortization vs Income Tax Expense
Depreciation And Amortization vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of East West Bancorp Depreciation And Amortization account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between East West's Depreciation And Amortization and Income Tax Expense is 0.68. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of East West Bancorp, assuming nothing else is changed. The correlation between historical values of East West's Depreciation And Amortization and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of East West Bancorp are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Depreciation And Amortization i.e., East West's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Income Tax Expense
Most indicators from East West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into East West Bancorp 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 East West Bancorp. 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. As of November 22, 2024, Selling General Administrative is expected to decline to about 42.3 M. In addition to that, Tax Provision is expected to decline to about 207.3 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 87.2M | 275.4M | 1.4B | 1.5B | Depreciation And Amortization | 156.8M | 159.9M | 163.5M | 171.6M |
East West fundamental ratios Correlations
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East West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
East West fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 44.2B | 52.2B | 60.9B | 64.1B | 69.6B | 73.1B | |
Short Long Term Debt Total | 1.0B | 928.2M | 506.9M | 264.3M | 4.8B | 5.0B | |
Other Current Liab | (136.8M) | (123.8M) | (105.5M) | (111.9M) | (4.6B) | (4.4B) | |
Total Current Liabilities | 136.8M | 123.8M | 105.5M | 111.9M | 58.6B | 61.5B | |
Total Stockholder Equity | 5.0B | 5.3B | 5.8B | 6.0B | 7.0B | 7.3B | |
Property Plant And Equipment Net | 100.0M | 95.5M | 98.6M | 103.7M | 180.4M | 98.7M | |
Net Debt | (2.4B) | (3.9B) | (4.1B) | (3.4B) | 140.4M | 147.4M | |
Retained Earnings | 3.7B | 4.0B | 4.7B | 5.6B | 6.5B | 6.8B | |
Cash | 3.5B | 4.8B | 4.6B | 3.6B | 4.6B | 4.8B | |
Non Current Assets Total | 4.3B | 6.6B | 11.2B | 10.5B | 128.6B | 135.0B | |
Non Currrent Assets Other | (198.8M) | (267.6M) | (294.6M) | 89.2M | (71.4B) | (67.8B) | |
Other Assets | 33.1B | 35.2B | 35.1B | 44.0B | (69.0B) | (65.6B) | |
Cash And Short Term Investments | 6.8B | 10.4B | 14.6B | 9.7B | 4.6B | 3.4B | |
Common Stock Shares Outstanding | 146.2M | 143.0M | 143.1M | 142.5M | 141.9M | 116.1M | |
Liabilities And Stockholders Equity | 44.2B | 52.2B | 60.9B | 64.1B | 69.6B | 73.1B | |
Non Current Liabilities Total | 898.2M | 804.4M | 401.3M | 111.9M | 62.7B | 65.8B | |
Other Current Assets | 4.5B | 6.5B | 7.2B | 4.7B | 5.4B | 10.2B | |
Other Stockholder Equity | 1.3B | 1.2B | 1.2B | 1.2B | 1.1B | 917.7M | |
Total Liab | 39.2B | 46.9B | 55.0B | 58.1B | 62.7B | 65.8B | |
Property Plant And Equipment Gross | 218.3M | 95.5M | 98.6M | 103.7M | 849.1M | 891.6M | |
Total Current Assets | 6.8B | 10.4B | 14.6B | 9.7B | 10.0B | 10.5B | |
Accumulated Other Comprehensive Income | (18.4M) | 44.3M | (90.4M) | (765.6M) | (620.6M) | (589.6M) | |
Short Term Debt | 136.8M | 123.8M | 105.5M | 111.9M | 4.6B | 4.8B | |
Other Liab | 292.1M | 33.6M | 27.5M | 452.5M | 520.4M | 546.4M | |
Accounts Payable | 619.3M | 796.8M | 53.4B | 56.0B | 64.4B | 67.6B | |
Long Term Debt | 898.2M | 804.4M | 401.3M | 152.4M | 153.0M | 145.4M | |
Common Stock Total Equity | 165K | 166K | 167K | 168K | 193.2K | 125.2K | |
Inventory | 125K | 19.7M | 10.3M | 270K | 243K | 255.2K | |
Treasury Stock | (468.0M) | (479.9M) | (634.1M) | (649.8M) | (584.8M) | (555.6M) | |
Intangible Assets | 16.1M | 11.9M | 5.7M | 6.2M | 6.6M | 6.3M | |
Common Stock | 165K | 166K | 167K | 168K | 169K | 130.2K | |
Property Plant Equipment | 118.4M | 103.3M | 98.6M | 192.9M | 221.8M | 232.9M | |
Short Term Investments | 3.3B | 5.5B | 10.0B | 6.0B | 6.2B | 6.5B | |
Net Tangible Assets | 4.6B | 4.8B | 5.4B | 5.5B | 6.3B | 3.8B | |
Retained Earnings Total Equity | 3.2B | 3.7B | 4.0B | 4.7B | 5.4B | 2.7B | |
Long Term Debt Total | 146.8M | 152.3M | 151.7M | 152.0M | 136.8M | 150.9M | |
Capital Surpluse | 1.8B | 1.8B | 1.9B | 1.9B | 2.2B | 1.9B | |
Long Term Investments | 37.7B | 5.5B | 10.6B | 9.8B | 10.0B | 13.8B |
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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 East West Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of East West's 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 East West Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on East West Bancorp Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in East West Bancorp. 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. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 East West. If investors know East 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 East West 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 0.059 | Dividend Share 2.13 | Earnings Share 7.92 | Revenue Per Share 17.316 | Quarterly Revenue Growth 0.097 |
The market value of East West Bancorp is measured differently than its book value, which is the value of East that is recorded on the company's balance sheet. Investors also form their own opinion of East West's value that differs from its market value or its book value, called intrinsic value, which is East West's 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 East West's market value can be influenced by many factors that don't directly affect East West's 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 East West's value and its price as these two are different measures arrived at by different means. Investors typically determine if East West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, East West's 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.