East Selling General and Administrative Expense vs Weighted Average Shares Diluted Analysis
EWBC Stock | USD 79.11 0.14 0.18% |
Trend analysis of East West Bancorp balance sheet accounts such as Other Current Liabilities of 30.1 B or Total Current Liabilities of 34.8 B provides information on East West's total assets, liabilities, and equity, which is the actual value of East West Bancorp to its prevalent stockholders. By breaking down trends over time using East West balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
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About East Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of East West Bancorp at a specified time, usually calculated after every quarter, six months, or one year. East West Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of East West and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which East currently owns. An asset can also be divided into two categories, current and non-current.
East West Balance Sheet Chart
East West Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how East West Bancorp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, East West's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 30.1 B, whereas Cash And Short Term Investments are forecasted to decline to about 3.4 B. Add Fundamental
Total Assets
Total assets refers to the total amount of East West assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in East West Bancorp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on East West balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of East West Bancorp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. The current year's Selling General Administrative is expected to grow to about 642.4 M, whereas Tax Provision is forecasted to decline to about 207.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 87.2M | 275.4M | 174.5M | 182.8M | Depreciation And Amortization | 156.8M | 159.9M | 1.8M | 1.7M |
East West fundamental ratios Correlations
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East West Account Relationship Matchups
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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) | 28.6B | 30.1B | |
Total Current Liabilities | 136.8M | 123.8M | 105.5M | 111.9M | 33.1B | 34.8B | |
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 | 94.0M | 94.9M | |
Net Debt | (2.4B) | (3.9B) | (4.1B) | (3.4B) | 129.9M | 136.4M | |
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 | 4.9B | |
Non Current Assets Total | 4.3B | 6.6B | 11.2B | 10.5B | 64.2B | 67.4B | |
Non Currrent Assets Other | (198.8M) | (267.6M) | (294.6M) | 89.2M | 2.1B | 2.2B | |
Other Assets | 33.1B | 35.2B | 35.1B | 44.0B | 50.6B | 53.1B | |
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 | 29.5B | 31.0B | |
Other Current Assets | 4.5B | 6.5B | 7.2B | 4.7B | 5.4B | 5.1B | |
Other Stockholder Equity | 1.3B | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | |
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 | 5.4B | 4.8B | |
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 | 4.5B | 4.7B | |
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 | 5.6M | 5.3M | |
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 |
Pair Trading with East West
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if East West position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in East West will appreciate offsetting losses from the drop in the long position's value.Moving together with East Stock
0.75 | C | Citigroup Aggressive Push | PairCorr |
0.79 | CM | Canadian Imperial Bank Financial Report 23rd of May 2024 | PairCorr |
0.67 | MUFG | Mitsubishi UFJ Financial Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to East West could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace East West when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back East West - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling East West Bancorp to buy it.
The correlation of East West is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as East West moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if East West Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for East West can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the East West Bancorp information on this page should be used as a complementary analysis to other East West's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for East Stock analysis
When running East West's price analysis, check to measure East West's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy East West is operating at the current time. Most of East West's value examination focuses on studying past and present price action to predict the probability of East West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move East West's price. Additionally, you may evaluate how the addition of East West to your portfolios can decrease your overall portfolio volatility.
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Is East West's industry 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 (0.29) | Dividend Share 1.92 | Earnings Share 8.18 | Revenue Per Share 16.734 | Quarterly Revenue Growth 0.056 |
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.