Eagle Accounts Payable vs Net Tangible Assets Analysis

EGBN Stock  USD 29.36  0.09  0.31%   
Eagle Bancorp financial indicator trend analysis is much more than just examining Eagle Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Bancorp is a good investment. Please check the relationship between Eagle Bancorp Accounts Payable and its Net Tangible Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle 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.
To learn how to invest in Eagle Stock, please use our How to Invest in Eagle Bancorp guide.

Accounts Payable vs Net Tangible Assets

Accounts Payable vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Bancorp Accounts Payable account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Eagle Bancorp's Accounts Payable and Net Tangible Assets is 0.92. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Eagle Bancorp, assuming nothing else is changed. The correlation between historical values of Eagle Bancorp's Accounts Payable and Net Tangible 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 Accounts Payable of Eagle Bancorp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Accounts Payable i.e., Eagle Bancorp's Accounts Payable and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Eagle Bancorp 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 Eagle Bancorp 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.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Eagle Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle 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 Eagle 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.
To learn how to invest in Eagle Stock, please use our How to Invest in Eagle Bancorp guide.At this time, Eagle Bancorp's Selling General Administrative is very stable compared to the past year. As of the 30th of November 2024, Tax Provision is likely to grow to about 43.5 M, while Enterprise Value Over EBITDA is likely to drop 9.27.
 2021 2022 2023 2024 (projected)
Interest Expense40.0M91.7M334.8M351.5M
Depreciation And Amortization4.4M3.3M3.5M3.3M

Eagle Bancorp fundamental ratios Correlations

0.540.990.77-0.310.960.630.56-0.50.650.630.610.591.00.86-0.03-0.260.390.971.00.650.870.620.43-0.230.41
0.540.570.710.330.50.210.80.260.030.530.540.560.540.20.11-0.210.920.450.480.470.440.520.18-0.060.43
0.990.570.78-0.240.930.580.55-0.420.620.610.670.680.980.810.05-0.210.370.940.980.70.830.680.44-0.130.51
0.770.710.78-0.230.710.630.77-0.010.330.80.640.570.770.57-0.07-0.340.590.680.750.630.760.620.53-0.380.38
-0.310.33-0.24-0.23-0.25-0.85-0.030.28-0.27-0.550.00.06-0.32-0.370.050.110.4-0.36-0.36-0.05-0.45-0.01-0.450.290.0
0.960.50.930.71-0.250.570.52-0.60.670.550.410.40.960.91-0.25-0.380.40.930.960.460.880.410.28-0.40.26
0.630.210.580.63-0.850.570.47-0.180.310.850.270.210.640.53-0.04-0.290.10.640.650.280.730.270.55-0.380.23
0.560.80.550.77-0.030.520.470.290.070.830.450.430.550.230.12-0.140.810.530.520.390.710.440.57-0.20.12
-0.50.26-0.42-0.010.28-0.6-0.180.29-0.640.150.090.12-0.5-0.810.470.330.26-0.55-0.54-0.05-0.40.070.110.330.16
0.650.030.620.33-0.270.670.310.07-0.640.150.270.210.650.72-0.25-0.08-0.010.610.670.350.490.3-0.01-0.270.05
0.630.530.610.8-0.550.550.850.830.150.150.430.40.630.360.13-0.20.450.620.620.390.80.420.73-0.280.24
0.610.540.670.640.00.410.270.450.090.270.430.920.60.280.580.30.350.560.580.980.370.990.510.370.62
0.590.560.680.570.060.40.210.430.120.210.40.920.580.220.640.260.290.540.560.920.340.940.480.50.71
1.00.540.980.77-0.320.960.640.55-0.50.650.630.60.580.87-0.04-0.270.390.971.00.640.880.610.42-0.240.4
0.860.20.810.57-0.370.910.530.23-0.810.720.360.280.220.87-0.42-0.470.140.850.880.370.780.290.23-0.50.11
-0.030.110.05-0.070.05-0.25-0.040.120.47-0.250.130.580.64-0.04-0.420.64-0.050.03-0.050.53-0.140.60.450.880.46
-0.26-0.21-0.21-0.340.11-0.38-0.29-0.140.33-0.08-0.20.30.26-0.27-0.470.64-0.24-0.25-0.260.22-0.350.270.020.640.11
0.390.920.370.590.40.40.10.810.26-0.010.450.350.290.390.14-0.05-0.240.330.330.280.40.320.12-0.210.07
0.970.450.940.68-0.360.930.640.53-0.550.610.620.560.540.970.850.03-0.250.330.970.620.90.580.51-0.180.31
1.00.480.980.75-0.360.960.650.52-0.540.670.620.580.561.00.88-0.05-0.260.330.970.630.880.60.43-0.240.38
0.650.470.70.63-0.050.460.280.39-0.050.350.390.980.920.640.370.530.220.280.620.630.410.980.510.350.58
0.870.440.830.76-0.450.880.730.71-0.40.490.80.370.340.880.78-0.14-0.350.40.90.880.410.380.64-0.410.06
0.620.520.680.62-0.010.410.270.440.070.30.420.990.940.610.290.60.270.320.580.60.980.380.530.390.63
0.430.180.440.53-0.450.280.550.570.11-0.010.730.510.480.420.230.450.020.120.510.430.510.640.530.110.09
-0.23-0.06-0.13-0.380.29-0.4-0.38-0.20.33-0.27-0.280.370.5-0.24-0.50.880.64-0.21-0.18-0.240.35-0.410.390.110.38
0.410.430.510.380.00.260.230.120.160.050.240.620.710.40.110.460.110.070.310.380.580.060.630.090.38
Click cells to compare fundamentals

Eagle Bancorp Account Relationship Matchups

Eagle Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.0B11.1B11.8B11.2B11.7B12.2B
Short Long Term Debt Total497.6M596.1M405.2M1.1B93.2M88.5M
Total Stockholder Equity1.2B1.2B1.4B1.2B1.3B1.3B
Property Plant And Equipment Net42.0M38.8M45.1M38.0M29.3M17.2M
Net Debt294.7M(1.2B)(1.3B)796.1M(625.8M)(594.5M)
Retained Earnings705.1M798.1M930.1M1.0B1.1B1.1B
Cash203.0M1.8B1.7B277.9M722.7M758.8M
Non Current Assets Total990.1M1.3B2.8B2.8B220.9M209.8M
Non Currrent Assets Other(29.8M)(38.6M)(43.2M)(96.6M)(2.4B)(2.3B)
Other Assets7.0B6.9B4.8B6.4B10.7B11.3B
Cash And Short Term Investments1.0B2.9B4.3B1.9B722.7M712.7M
Common Stock Shares Outstanding34.2M32.4M32.0M32.1M30.4M22.7M
Liabilities And Stockholders Equity9.0B11.1B11.8B11.2B11.7B12.2B
Other Stockholder Equity482.3M427.0M434.6M412.3M374.9M246.2M
Total Liab7.8B9.9B10.5B9.9B10.4B10.9B
Property Plant And Equipment Gross42.0M38.8M45.1M38.0M67.8M71.2M
Total Current Assets1.0B2.9B4.3B1.9B722.7M686.5M
Total Current Liabilities6.6B250M300M975.0M23.2M22.1M
Accumulated Other Comprehensive Income3.0M15.5M(14.2M)(199.5M)(162.4M)(154.2M)
Short Term Debt30.4M250M300M975.0M23.2M22.1M
Other Liab44.3M64.9M85.9M70.1M80.6M84.7M
Accounts Payable7.2B9.2B10.0B8.7B10.0B10.5B
Short Term Investments843.4M1.2B2.6B1.6B1.5B1.6B
Property Plant Equipment14.6M13.6M45.1M13.5M15.5M14.1M
Other Current Liab(250M)28.0M35.5M29.3M(7.3M)(7.0M)
Long Term Debt217.7M268.1M69.7M69.8M69.9M100.1M
Non Current Liabilities Total247.6M296.1M105.2M975.0M10.4B10.9B
Inventory1.5M5.0M1.6M2.0M1.8M1.7M
Intangible Assets571K946K1.6M65K757K719.2K
Other Current Assets243.5M1.8B1.7B321.6M723.8M687.6M
Net Tangible Assets1.1B1.1B1.2B1.1B1.3B831.5M
Retained Earnings Total Equity705.1M798.1M930.1M1.0B1.2B1.2B
Long Term Debt Total217.7M268.1M69.7M69.8M80.3M146.0M
Capital Surpluse482.3M427.0M434.6M412.3M474.1M437.5M
Long Term Investments8.4B93.2M2.6B2.7B2.5B3.2B

Pair Trading with Eagle Bancorp

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 Eagle Bancorp 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 Eagle Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eagle Stock

  0.87AX Axos FinancialPairCorr
  0.87BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.65KB KB Financial GroupPairCorr

Moving against Eagle Stock

  0.67TFC-PO Truist FinancialPairCorr
  0.64CFG-PE Citizens FinancialPairCorr
  0.62TFC-PR Truist FinancialPairCorr
  0.42WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to Eagle Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Bancorp 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 Eagle Bancorp - 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 Eagle Bancorp to buy it.
The correlation of Eagle Bancorp 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 Eagle Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle 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 Eagle Bancorp 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.
Pair CorrelationCorrelation Matching
When determining whether Eagle Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eagle Bancorp'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 Eagle Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eagle Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle 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.
To learn how to invest in Eagle Stock, please use our How to Invest in Eagle Bancorp guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Eagle Bancorp. If investors know Eagle 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 Eagle 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
(0.21)
Dividend Share
1.515
Earnings Share
(1.39)
Revenue Per Share
8.045
Quarterly Revenue Growth
(0.03)
The market value of Eagle Bancorp is measured differently than its book value, which is the value of Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Eagle Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Eagle 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 Eagle Bancorp's market value can be influenced by many factors that don't directly affect Eagle 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 Eagle Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eagle Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eagle 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.