HarborOne Net Income vs Cost Of Revenue Analysis

HONE Stock  USD 13.07  0.05  0.38%   
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 Net Income and its Cost Of Revenue 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.

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HarborOne Bancorp Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between HarborOne Bancorp's Net Income and Cost Of Revenue is 0.76. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue 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 Net Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of HarborOne Bancorp are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., HarborOne Bancorp's Net Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in HarborOne Bancorp financial statement analysis. It represents the amount of money remaining after all of HarborOne Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Cost Of Revenue

Cost of Revenue is found on HarborOne Bancorp income statement and represents the costs associated with goods and services HarborOne Bancorp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 Expense12.5M22.9M117.0M122.9M
Depreciation And Amortization5.6M4.8M4.6M4.7M

HarborOne Bancorp fundamental ratios Correlations

0.270.390.540.910.60.930.92-0.130.960.70.840.95-0.560.94-0.540.690.980.91-0.810.890.48-0.52-0.730.861.0
0.270.380.52-0.03-0.110.010.440.860.170.520.070.130.160.510.4-0.310.40.19-0.33-0.070.450.410.13-0.050.33
0.390.380.960.220.210.290.480.30.420.890.390.3-0.420.470.13-0.060.470.18-0.760.250.990.35-0.350.150.41
0.540.520.960.330.250.40.590.40.550.970.440.43-0.450.620.00.020.610.33-0.860.340.990.27-0.440.270.57
0.91-0.030.220.330.570.990.8-0.430.850.510.90.91-0.440.76-0.630.870.840.92-0.640.90.28-0.77-0.780.990.88
0.6-0.110.210.250.570.570.59-0.340.680.340.540.78-0.510.5-0.490.640.520.59-0.510.820.22-0.38-0.430.50.59
0.930.010.290.40.990.570.81-0.420.880.560.920.89-0.480.78-0.570.80.870.87-0.680.890.35-0.72-0.80.970.9
0.920.440.480.590.80.590.810.00.840.730.850.9-0.450.93-0.270.590.930.9-0.730.80.53-0.39-0.550.750.93
-0.130.860.30.4-0.43-0.34-0.420.0-0.170.33-0.4-0.260.270.140.45-0.60.0-0.21-0.13-0.430.350.730.4-0.45-0.08
0.960.170.420.550.850.680.880.84-0.170.690.750.92-0.720.88-0.630.640.950.8-0.870.910.5-0.44-0.770.770.97
0.70.520.890.970.510.340.560.730.330.690.580.6-0.510.76-0.160.220.750.53-0.930.510.950.08-0.560.450.72
0.840.070.390.440.90.540.920.85-0.40.750.580.84-0.410.71-0.30.750.80.84-0.60.820.42-0.66-0.730.890.82
0.950.130.30.430.910.780.890.9-0.260.920.60.84-0.580.86-0.60.820.890.94-0.740.970.37-0.6-0.690.850.94
-0.560.16-0.42-0.45-0.44-0.51-0.48-0.450.27-0.72-0.51-0.41-0.58-0.430.59-0.42-0.55-0.360.7-0.67-0.450.220.73-0.33-0.58
0.940.510.470.620.760.50.780.930.140.880.760.710.86-0.43-0.350.490.970.85-0.810.750.55-0.26-0.490.70.96
-0.540.40.130.0-0.63-0.49-0.57-0.270.45-0.63-0.16-0.3-0.60.59-0.35-0.71-0.42-0.530.44-0.670.040.610.65-0.59-0.51
0.69-0.31-0.060.020.870.640.80.59-0.60.640.220.750.82-0.420.49-0.710.550.83-0.380.87-0.02-0.88-0.660.870.65
0.980.40.470.610.840.520.870.930.00.950.750.80.89-0.550.97-0.420.550.85-0.830.810.55-0.38-0.660.770.99
0.910.190.180.330.920.590.870.9-0.210.80.530.840.94-0.360.85-0.530.830.85-0.590.860.25-0.67-0.590.90.89
-0.81-0.33-0.76-0.86-0.64-0.51-0.68-0.73-0.13-0.87-0.93-0.6-0.740.7-0.810.44-0.38-0.83-0.59-0.7-0.830.080.71-0.55-0.83
0.89-0.070.250.340.90.820.890.8-0.430.910.510.820.97-0.670.75-0.670.870.810.86-0.70.3-0.66-0.750.840.87
0.480.450.990.990.280.220.350.530.350.50.950.420.37-0.450.550.04-0.020.550.25-0.830.30.3-0.420.210.5
-0.520.410.350.27-0.77-0.38-0.72-0.390.73-0.440.08-0.66-0.60.22-0.260.61-0.88-0.38-0.670.08-0.660.30.62-0.81-0.46
-0.730.13-0.35-0.44-0.78-0.43-0.8-0.550.4-0.77-0.56-0.73-0.690.73-0.490.65-0.66-0.66-0.590.71-0.75-0.420.62-0.74-0.7
0.86-0.050.150.270.990.50.970.75-0.450.770.450.890.85-0.330.7-0.590.870.770.9-0.550.840.21-0.81-0.740.82
1.00.330.410.570.880.590.90.93-0.080.970.720.820.94-0.580.96-0.510.650.990.89-0.830.870.5-0.46-0.70.82
Click cells to compare fundamentals

HarborOne Bancorp Account Relationship Matchups

HarborOne Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.1B4.5B4.6B5.4B5.7B4.1B
Short Long Term Debt Total388.0M183.1M89.9M435.0M568.5M369.9M
Other Current Liab(184.7M)(36.3M)973K(387.3M)1.9B2.0B
Total Current Liabilities184.7M36.3M1.1M387.3M2.3B2.4B
Total Stockholder Equity665.8M696.3M679.3M617.0M583.8M511.1M
Other Liab39.1M22.7M101.6M49.0M56.4M45.8M
Net Tangible Assets590.0M622.1M606.3M544.9M626.6M445.5M
Property Plant And Equipment Net48.0M49.6M50.7M49.0M71.6M46.7M
Net Debt176.4M(22.7M)(104.8M)336.9M341.1M358.2M
Retained Earnings237.4M277.3M325.7M356.4M359.7M281.1M
Accounts Payable1.7M1.3M1.1M2.3M5.3M5.5M
Cash211.6M205.9M194.7M98.0M227.4M139.5M
Non Current Assets Total406.8M425.1M556.0M490.4M488.3M415.6M
Non Currrent Assets Other(6.0M)(425.1M)(556.0M)(490.4M)(488.3M)(463.9M)
Other Assets3.2B3.6B3.4B4.5B4.9B3.7B
Long Term Debt205.0M148.1M89.9M50.0M265.5M152.6M
Cash And Short Term Investments451.1M482.4M588.8M399.2M227.4M359.9M
Net Receivables9.8M11.9M10.6M15.1M18.2M10.7M
Common Stock Shares Outstanding55.7M54.3M51.5M47.1M43.4M43.0M
Short Term Investments239.5M276.5M394.0M301.1M290.2M252.4M
Liabilities And Stockholders Equity4.1B4.5B4.6B5.4B5.7B4.1B
Non Current Liabilities Total205.0M148.1M89.9M387.3M5.1B5.3B
Inventory(230.7M)(218.3M)(206.3M)(113.2M)20.7M21.7M
Other Current Assets230.7M218.3M206.3M113.2M245.9M233.6M
Other Stockholder Equity426.4M416.2M354.6M307.0M267.1M239.8M
Total Liab3.4B3.8B3.9B4.7B5.1B3.6B
Long Term Investments265.8M276.5M394.0M321.1M309.9M261.7M
Property Plant And Equipment Gross48.0M49.6M79.2M80.9M80.6M54.3M
Short Long Term Debt183M35M0.0385M303M152.4M
Total Current Assets460.9M494.2M599.4M414.3M245.5M233.2M
Accumulated Other Comprehensive Income1.5M2.2M(1.6M)(47.1M)(43.6M)(41.4M)
Short Term Debt183M35M3.1M385M303M158.2M
Intangible Assets23.2M29.2M41.4M50.4M47.6M30.7M
Property Plant Equipment48.0M49.6M77.5M75.9M87.3M49.7M
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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.