Hope Earning Assets vs Property Plant Equipment Analysis
HOPE Stock | USD 13.77 0.03 0.22% |
Hope Bancorp financial indicator trend analysis is much more than just examining Hope Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hope Bancorp is a good investment. Please check the relationship between Hope Bancorp Earning Assets and its Property Plant Equipment accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hope 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 american community survey. For information on how to trade Hope Stock refer to our How to Trade Hope Stock guide.
Earning Assets vs Property Plant Equipment
Earning Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hope Bancorp Earning Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hope Bancorp's Earning Assets and Property Plant Equipment is 0.79. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Hope Bancorp, assuming nothing else is changed. The correlation between historical values of Hope Bancorp's Earning Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Earning Assets of Hope Bancorp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Earning Assets i.e., Hope Bancorp's Earning Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Earning Assets
Property Plant Equipment
Most indicators from Hope Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hope 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 Hope 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 american community survey. For information on how to trade Hope Stock refer to our How to Trade Hope Stock guide.At present, Hope Bancorp's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 750.63, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.24.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 552.0M | 623.9M | 571.4M | 600.0M | Interest Expense | 53.8M | 137.7M | 523.0M | 549.2M |
Hope Bancorp fundamental ratios Correlations
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Hope Bancorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hope Bancorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.7B | 17.1B | 17.9B | 19.2B | 19.1B | 20.1B | |
Total Stockholder Equity | 2.0B | 2.1B | 2.1B | 2.0B | 2.1B | 2.2B | |
Other Assets | 11.0B | 11.6B | 11.7B | 13.7B | 62.3M | 59.1M | |
Common Stock Shares Outstanding | 126.9M | 123.9M | 123.1M | 120.5M | 120.4M | 66.6M | |
Liabilities And Stockholders Equity | 15.7B | 17.1B | 17.9B | 19.2B | 19.1B | 20.1B | |
Other Stockholder Equity | 1.3B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | |
Total Liab | 13.6B | 15.1B | 15.8B | 17.1B | 17.0B | 17.9B | |
Property Plant And Equipment Net | 52.0M | 48.4M | 45.7M | 46.9M | 97.2M | 102.1M | |
Non Currrent Assets Other | (53.3M) | (101.9M) | (90.1M) | (5.3M) | 14.1B | 14.8B | |
Property Plant And Equipment Gross | 110.6M | 96.1M | 159.5M | 169.5M | 168.4M | 176.8M | |
Short Long Term Debt Total | 927.5M | 558.7M | 635.4M | 1.2B | 1.9B | 2.0B | |
Other Current Liab | (33.8M) | (14.7M) | (4.3M) | (26.7M) | 15.8B | 16.6B | |
Total Current Liabilities | 33.8M | 14.7M | 4.3M | 26.7M | 16.0B | 16.8B | |
Net Debt | 228.9M | 208.2M | 305.3M | 681.9M | (25.0M) | (23.7M) | |
Retained Earnings | 762.5M | 785.9M | 932.6M | 1.1B | 1.2B | 1.2B | |
Accounts Payable | 33.8M | 14.7M | 4.3M | 26.7M | 168.2M | 176.6M | |
Cash | 698.6M | 350.6M | 316.3M | 506.8M | 1.9B | 2.0B | |
Non Current Assets Total | 2.2B | 2.8B | 3.2B | 2.9B | 17.1B | 18.0B | |
Cash And Short Term Investments | 2.4B | 2.6B | 3.0B | 2.5B | 1.9B | 1.1B | |
Net Receivables | 30.8M | 59.4M | 41.8M | 55.5M | 61.7M | 64.8M | |
Non Current Liabilities Total | 927.5M | 558.7M | 621.6M | 26.7M | 1.1B | 1.1B | |
Total Current Assets | 2.4B | 2.7B | 3.0B | 2.5B | 1.9B | 1.8B | |
Accumulated Other Comprehensive Income | 9.1M | 32.8M | (11.4M) | (230.9M) | (204.7M) | (194.5M) | |
Other Liab | 70.8M | 145.6M | 129.8M | 46.2M | 53.2M | 49.5M | |
Current Deferred Revenue | (315.7M) | (149.8M) | (309.6M) | (853.3M) | (1.8B) | (1.7B) | |
Long Term Debt | 927.5M | 308.7M | 621.6M | 1.2B | 1.9B | 2.0B | |
Short Term Investments | 1.7B | 2.3B | 2.7B | 2.2B | 2.1B | 2.0B | |
Inventory | (783.7M) | (460.0M) | (375.1M) | (566.2M) | 1.9B | 2.0B | |
Short Term Debt | 349.5M | 164.5M | 313.9M | 880.0M | 1.8B | 1.9B | |
Intangible Assets | 11.8M | 9.7M | 7.7M | 5.7M | 3.9M | 3.7M | |
Property Plant Equipment | 110.6M | 48.4M | 45.7M | 101.9M | 117.2M | 123.0M | |
Other Current Assets | 783.7M | 460.0M | 375.1M | 566.2M | 2.0B | 3.4B | |
Net Tangible Assets | 1.6B | 1.6B | 1.6B | 1.5B | 1.8B | 1.3B | |
Retained Earnings Total Equity | 662.4M | 762.5M | 785.9M | 932.6M | 1.1B | 553.4M | |
Long Term Debt Total | 296.5M | 302.5M | 308.7M | 321.6M | 369.8M | 388.3M | |
Capital Surpluse | 1.4B | 1.4B | 1.4B | 1.4B | 1.6B | 1.1B | |
Long Term Investments | 1.8B | 2.3B | 2.7B | 2.2B | 2.5B | 2.6B |
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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 Hope Bancorp is a strong investment it is important to analyze Hope 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 Hope Bancorp's future performance. For an informed investment choice regarding Hope 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 Hope 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 american community survey. For information on how to trade Hope Stock refer to our How to Trade Hope Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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 Hope Bancorp. If investors know Hope 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 Hope 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 (0.20) | Dividend Share 0.56 | Earnings Share 0.84 | Revenue Per Share 4.018 | Quarterly Revenue Growth (0.11) |
The market value of Hope Bancorp is measured differently than its book value, which is the value of Hope that is recorded on the company's balance sheet. Investors also form their own opinion of Hope Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Hope 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 Hope Bancorp's market value can be influenced by many factors that don't directly affect Hope 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 Hope Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hope Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hope 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.