Hope Total Current Liabilities vs Total Assets Analysis

HOPE Stock  USD 11.32  0.05  0.44%   
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 Total Current Liabilities and its Total Assets 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.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hope Bancorp Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hope Bancorp's Total Current Liabilities and Total Assets is 0.61. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets 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 Total Current Liabilities and Total 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 Total Current Liabilities of Hope Bancorp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Hope Bancorp's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Hope Bancorp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Hope 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 Assets

Total assets refers to the total amount of Hope Bancorp 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 Hope 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.
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 Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 750.63, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.24.
 2022 2023 2024 2025 (projected)
Total Revenue623.9M571.4M657.2M690.0M
Interest Expense137.7M523.0M601.5M631.5M

Hope Bancorp fundamental ratios Correlations

0.980.250.920.911.00.870.610.920.830.610.610.160.970.680.70.710.890.94-0.50.62-0.04-0.50.51-0.720.8
0.980.310.950.970.980.850.530.850.80.540.540.240.910.610.640.640.910.89-0.550.690.08-0.550.58-0.640.71
0.250.310.450.390.25-0.12-0.440.04-0.06-0.44-0.440.750.11-0.35-0.33-0.350.560.08-0.230.090.35-0.230.570.26-0.2
0.920.950.450.940.920.780.430.740.750.430.430.350.830.510.560.530.930.79-0.640.730.23-0.640.6-0.550.6
0.910.970.390.940.90.760.390.70.720.390.390.40.780.470.510.50.90.77-0.570.730.29-0.570.61-0.50.55
1.00.980.250.920.90.870.620.930.840.620.620.150.970.690.710.710.880.95-0.490.61-0.05-0.490.5-0.730.81
0.870.85-0.120.780.760.870.880.840.970.880.88-0.140.90.920.940.930.610.88-0.420.79-0.02-0.420.19-0.90.89
0.610.53-0.440.430.390.620.880.720.871.01.0-0.50.740.990.980.990.220.74-0.120.58-0.3-0.12-0.16-0.940.91
0.920.850.040.740.70.930.840.720.810.720.72-0.10.980.760.780.790.720.93-0.330.43-0.37-0.330.29-0.820.92
0.830.8-0.060.750.720.840.970.870.810.870.87-0.040.870.910.930.910.540.84-0.380.750.01-0.380.05-0.930.9
0.610.54-0.440.430.390.620.881.00.720.871.0-0.50.740.990.980.990.220.74-0.120.58-0.31-0.12-0.16-0.940.91
0.610.54-0.440.430.390.620.881.00.720.871.0-0.50.740.990.980.990.220.74-0.120.58-0.31-0.12-0.16-0.940.91
0.160.240.750.350.40.15-0.14-0.5-0.1-0.04-0.5-0.5-0.03-0.43-0.41-0.420.42-0.06-0.260.090.67-0.260.380.27-0.32
0.970.910.110.830.780.970.90.740.980.870.740.74-0.030.790.80.810.780.96-0.40.54-0.22-0.40.35-0.830.91
0.680.61-0.350.510.470.690.920.990.760.910.990.99-0.430.790.990.990.30.78-0.160.62-0.27-0.16-0.12-0.950.94
0.70.64-0.330.560.510.710.940.980.780.930.980.98-0.410.80.990.990.340.79-0.250.66-0.24-0.25-0.1-0.950.94
0.710.64-0.350.530.50.710.930.990.790.910.990.99-0.420.810.990.990.340.81-0.190.62-0.28-0.18-0.05-0.950.94
0.890.910.560.930.90.880.610.220.720.540.220.220.420.780.30.340.340.73-0.540.530.15-0.540.78-0.360.47
0.940.890.080.790.770.950.880.740.930.840.740.74-0.060.960.780.790.810.73-0.370.51-0.24-0.370.4-0.810.87
-0.5-0.55-0.23-0.64-0.57-0.49-0.42-0.12-0.33-0.38-0.12-0.12-0.26-0.4-0.16-0.25-0.19-0.54-0.37-0.46-0.361.0-0.340.25-0.2
0.620.690.090.730.730.610.790.580.430.750.580.580.090.540.620.660.620.530.51-0.460.42-0.460.3-0.540.49
-0.040.080.350.230.29-0.05-0.02-0.3-0.370.01-0.31-0.310.67-0.22-0.27-0.24-0.280.15-0.24-0.360.42-0.360.190.27-0.41
-0.5-0.55-0.23-0.64-0.57-0.49-0.42-0.12-0.33-0.38-0.12-0.12-0.26-0.4-0.16-0.25-0.18-0.54-0.371.0-0.46-0.36-0.340.25-0.2
0.510.580.570.60.610.50.19-0.160.290.05-0.16-0.160.380.35-0.12-0.1-0.050.780.4-0.340.30.19-0.340.13-0.02
-0.72-0.640.26-0.55-0.5-0.73-0.9-0.94-0.82-0.93-0.94-0.940.27-0.83-0.95-0.95-0.95-0.36-0.810.25-0.540.270.250.13-0.94
0.80.71-0.20.60.550.810.890.910.920.90.910.91-0.320.910.940.940.940.470.87-0.20.49-0.41-0.2-0.02-0.94
Click cells to compare fundamentals

Hope Bancorp Account Relationship Matchups

Hope Bancorp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets17.1B17.9B19.2B19.1B22.0B23.1B
Total Stockholder Equity2.1B2.1B2.0B2.1B2.4B2.6B
Other Assets11.6B11.7B13.7B62.3M71.6M68.0M
Common Stock Shares Outstanding123.9M123.1M120.5M120.4M138.5M145.4M
Liabilities And Stockholders Equity17.1B17.9B19.2B19.1B22.0B23.1B
Other Stockholder Equity1.2B1.2B1.2B1.2B1.4B1.4B
Total Liab15.1B15.8B17.1B17.0B19.6B20.5B
Property Plant And Equipment Net48.4M45.7M46.9M97.2M111.8M117.4M
Non Currrent Assets Other(101.9M)(90.1M)(5.3M)14.1B16.2B17.0B
Property Plant And Equipment Gross96.1M159.5M169.5M168.4M193.6M203.3M
Short Long Term Debt Total558.7M635.4M1.2B1.9B2.2B2.3B
Other Current Liab(14.7M)(4.3M)(26.7M)15.8B18.2B19.1B
Total Current Liabilities14.7M4.3M26.7M16.0B18.4B19.3B
Net Debt208.2M305.3M681.9M(25.0M)(28.7M)(27.3M)
Retained Earnings785.9M932.6M1.1B1.2B1.3B1.4B
Accounts Payable14.7M4.3M26.7M168.2M193.4M203.1M
Cash350.6M316.3M506.8M1.9B2.2B2.3B
Non Current Assets Total2.8B3.2B2.9B17.1B19.7B20.7B
Cash And Short Term Investments2.6B3.0B2.5B1.9B2.2B2.3B
Net Receivables59.4M41.8M55.5M61.7M71.0M74.5M
Non Current Liabilities Total558.7M621.6M26.7M1.1B1.2B1.3B
Total Current Assets2.7B3.0B2.5B1.9B2.2B4.1B
Accumulated Other Comprehensive Income32.8M(11.4M)(230.9M)(204.7M)(184.3M)(175.1M)
Other Liab70.8M145.6M129.8M46.2M53.2M49.5M
Current Deferred Revenue(149.8M)(309.6M)(853.3M)(1.8B)(1.6B)(1.5B)
Long Term Debt308.7M621.6M1.2B1.9B2.2B2.3B
Short Term Investments2.3B2.7B2.2B2.1B1.9B1.8B
Inventory(460.0M)(375.1M)(566.2M)1.9B2.1B2.3B
Short Term Debt164.5M313.9M880.0M1.8B2.1B2.2B
Intangible Assets9.7M7.7M5.7M3.9M3.5M3.4M
Property Plant Equipment110.6M48.4M45.7M101.9M117.2M123.0M
Other Current Assets460.0M375.1M566.2M2.0B2.3B3.4B
Net Tangible Assets1.6B1.6B1.6B1.5B1.8B1.3B
Retained Earnings Total Equity662.4M762.5M785.9M932.6M1.1B553.4M
Long Term Debt Total296.5M302.5M308.7M321.6M369.8M388.3M
Capital Surpluse1.4B1.4B1.4B1.4B1.6B1.1B
Long Term Investments2.3B2.7B2.2B2.5B2.9B3.0B

Also Currently Popular

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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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
(0.09)
Dividend Share
0.56
Earnings Share
0.82
Revenue Per Share
3.779
Quarterly Revenue Growth
(0.22)
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.