HarborOne Common Stock vs Earning Assets Analysis
HONE Stock | USD 13.08 0.11 0.83% |
HarborOne Bancorp financial indicator trend analysis is much more than just examining HarborOne Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HarborOne Bancorp is a good investment. Please check the relationship between HarborOne Bancorp Common Stock and its Earning Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HarborOne 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 board of governors. For information on how to trade HarborOne Stock refer to our How to Trade HarborOne Stock guide.
Common Stock vs Earning Assets
Common Stock vs Earning Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HarborOne Bancorp Common Stock account and Earning Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between HarborOne Bancorp's Common Stock and Earning Assets is 0.96. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Earning Assets in the same time period over historical financial statements of HarborOne Bancorp, assuming nothing else is changed. The correlation between historical values of HarborOne Bancorp's Common Stock and Earning Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of HarborOne Bancorp are associated (or correlated) with its Earning Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Earning Assets has no effect on the direction of Common Stock i.e., HarborOne Bancorp's Common Stock and Earning Assets go up and down completely randomly.
Correlation Coefficient | 0.96 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Common Stock
Earning Assets
Most indicators from HarborOne Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HarborOne 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HarborOne 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 board of governors. For information on how to trade HarborOne Stock refer to our How to Trade HarborOne Stock guide.At present, HarborOne Bancorp's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 43.72, whereas Tax Provision is forecasted to decline to about 9.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 12.5M | 22.9M | 117.0M | 122.9M | Depreciation And Amortization | 5.6M | 4.8M | 4.6M | 4.7M |
HarborOne Bancorp fundamental ratios Correlations
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HarborOne Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HarborOne Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.1B | 4.5B | 4.6B | 5.4B | 5.7B | 4.1B | |
Short Long Term Debt Total | 388.0M | 183.1M | 89.9M | 435.0M | 568.5M | 369.9M | |
Other Current Liab | (184.7M) | (36.3M) | 973K | (387.3M) | 1.9B | 2.0B | |
Total Current Liabilities | 184.7M | 36.3M | 1.1M | 387.3M | 2.3B | 2.4B | |
Total Stockholder Equity | 665.8M | 696.3M | 679.3M | 617.0M | 583.8M | 511.1M | |
Other Liab | 39.1M | 22.7M | 101.6M | 49.0M | 56.4M | 45.8M | |
Net Tangible Assets | 590.0M | 622.1M | 606.3M | 544.9M | 626.6M | 445.5M | |
Property Plant And Equipment Net | 48.0M | 49.6M | 50.7M | 49.0M | 71.6M | 46.7M | |
Net Debt | 176.4M | (22.7M) | (104.8M) | 336.9M | 341.1M | 358.2M | |
Retained Earnings | 237.4M | 277.3M | 325.7M | 356.4M | 359.7M | 281.1M | |
Accounts Payable | 1.7M | 1.3M | 1.1M | 2.3M | 5.3M | 5.5M | |
Cash | 211.6M | 205.9M | 194.7M | 98.0M | 227.4M | 139.5M | |
Non Current Assets Total | 406.8M | 425.1M | 556.0M | 490.4M | 488.3M | 415.6M | |
Non Currrent Assets Other | (6.0M) | (425.1M) | (556.0M) | (490.4M) | (488.3M) | (463.9M) | |
Other Assets | 3.2B | 3.6B | 3.4B | 4.5B | 4.9B | 3.7B | |
Long Term Debt | 205.0M | 148.1M | 89.9M | 50.0M | 265.5M | 152.6M | |
Cash And Short Term Investments | 451.1M | 482.4M | 588.8M | 399.2M | 227.4M | 359.9M | |
Net Receivables | 9.8M | 11.9M | 10.6M | 15.1M | 18.2M | 10.7M | |
Common Stock Shares Outstanding | 55.7M | 54.3M | 51.5M | 47.1M | 43.4M | 43.0M | |
Short Term Investments | 239.5M | 276.5M | 394.0M | 301.1M | 290.2M | 252.4M | |
Liabilities And Stockholders Equity | 4.1B | 4.5B | 4.6B | 5.4B | 5.7B | 4.1B | |
Non Current Liabilities Total | 205.0M | 148.1M | 89.9M | 387.3M | 5.1B | 5.3B | |
Inventory | (230.7M) | (218.3M) | (206.3M) | (113.2M) | 20.7M | 21.7M | |
Other Current Assets | 230.7M | 218.3M | 206.3M | 113.2M | 245.9M | 233.6M | |
Other Stockholder Equity | 426.4M | 416.2M | 354.6M | 307.0M | 267.1M | 239.8M | |
Total Liab | 3.4B | 3.8B | 3.9B | 4.7B | 5.1B | 3.6B | |
Long Term Investments | 265.8M | 276.5M | 394.0M | 321.1M | 309.9M | 261.7M | |
Property Plant And Equipment Gross | 48.0M | 49.6M | 79.2M | 80.9M | 80.6M | 54.3M | |
Short Long Term Debt | 183M | 35M | 0.0 | 385M | 303M | 152.4M | |
Total Current Assets | 460.9M | 494.2M | 599.4M | 414.3M | 245.5M | 233.2M | |
Accumulated Other Comprehensive Income | 1.5M | 2.2M | (1.6M) | (47.1M) | (43.6M) | (41.4M) | |
Short Term Debt | 183M | 35M | 3.1M | 385M | 303M | 158.2M | |
Intangible Assets | 23.2M | 29.2M | 41.4M | 50.4M | 47.6M | 30.7M | |
Property Plant Equipment | 48.0M | 49.6M | 77.5M | 75.9M | 87.3M | 49.7M | |
Current Deferred Revenue | (1.1B) | (1.3B) | (2.1M) | (5.3M) | (6.0M) | (6.3M) |
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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 HarborOne Bancorp is a strong investment it is important to analyze HarborOne Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HarborOne Bancorp's future performance. For an informed investment choice regarding HarborOne Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HarborOne 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 board of governors. For information on how to trade HarborOne Stock refer to our How to Trade HarborOne Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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 HarborOne Bancorp. If investors know HarborOne 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 HarborOne Bancorp 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 (0.51) | Dividend Share 0.315 | Earnings Share 0.29 | Revenue Per Share 3.816 | Quarterly Revenue Growth (0.15) |
The market value of HarborOne Bancorp is measured differently than its book value, which is the value of HarborOne that is recorded on the company's balance sheet. Investors also form their own opinion of HarborOne Bancorp's value that differs from its market value or its book value, called intrinsic value, which is HarborOne Bancorp'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 HarborOne Bancorp's market value can be influenced by many factors that don't directly affect HarborOne Bancorp'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 HarborOne Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HarborOne Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HarborOne Bancorp'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.