East Common Stock vs Accounts Payable Analysis

EWBC Stock  USD 75.98  0.38  0.50%   
East West financial indicator trend analysis is much more than just examining East West Bancorp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether East West Bancorp is a good investment. Please check the relationship between East West Common Stock and its Accounts Payable accounts. 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.

Common Stock vs Accounts Payable

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of East West Bancorp Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between East West's Common Stock and Accounts Payable is 0.1. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of East West Bancorp, assuming nothing else is changed. The correlation between historical values of East West's Common Stock and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of East West Bancorp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock i.e., East West's Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents East West 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 East West 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.
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.
At present, East West's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense87.2M275.4M174.5M182.8M
Depreciation And Amortization156.8M159.9M1.8M1.7M

East West fundamental ratios Correlations

0.610.20.250.99-0.09-0.380.980.930.70.190.940.630.840.350.62-0.33-0.050.870.630.310.590.320.730.20.62
0.610.430.60.62-0.210.440.680.520.980.050.61-0.110.46-0.10.99-0.37-0.140.550.98-0.120.990.420.64-0.130.12
0.20.430.790.220.340.340.210.080.40.40.39-0.230.330.130.430.5-0.17-0.130.470.290.470.510.06-0.40.29
0.250.60.790.240.340.550.260.040.56-0.20.26-0.290.280.050.590.16-0.2-0.150.63-0.290.650.540.25-0.330.22
0.990.620.220.24-0.1-0.380.980.950.70.230.960.620.850.370.62-0.31-0.020.880.640.340.580.330.680.260.64
-0.09-0.210.340.34-0.10.08-0.21-0.27-0.23-0.16-0.03-0.120.00.65-0.220.670.3-0.38-0.1-0.05-0.170.19-0.26-0.060.52
-0.380.440.340.55-0.380.08-0.3-0.540.34-0.27-0.33-0.87-0.39-0.410.430.01-0.1-0.40.44-0.570.50.290.03-0.53-0.46
0.980.680.210.260.98-0.21-0.30.920.770.220.940.560.820.210.69-0.42-0.150.890.690.280.660.360.760.150.51
0.930.520.080.040.95-0.27-0.540.920.590.30.890.720.810.290.52-0.35-0.040.90.510.440.460.120.570.390.55
0.70.980.40.560.7-0.230.340.770.590.070.69-0.010.5-0.070.99-0.4-0.140.650.98-0.070.980.480.77-0.190.16
0.190.050.4-0.20.23-0.16-0.270.220.30.070.450.140.250.030.070.28-0.090.290.050.910.040.1-0.02-0.10.12
0.940.610.390.260.96-0.03-0.330.940.890.690.450.50.820.380.62-0.14-0.030.830.650.50.580.440.620.120.64
0.63-0.11-0.23-0.290.62-0.12-0.870.560.72-0.010.140.50.660.34-0.12-0.19-0.070.58-0.130.48-0.15-0.350.250.460.55
0.840.460.330.280.850.0-0.390.820.810.50.250.820.660.280.44-0.05-0.240.650.460.420.430.080.350.20.69
0.35-0.10.130.050.370.65-0.410.210.29-0.070.030.380.340.28-0.110.440.690.16-0.010.24-0.140.220.010.310.86
0.620.990.430.590.62-0.220.430.690.520.990.070.62-0.120.44-0.11-0.36-0.140.570.99-0.110.990.490.7-0.210.1
-0.33-0.370.50.16-0.310.670.01-0.42-0.35-0.40.28-0.14-0.19-0.050.44-0.360.29-0.52-0.310.34-0.350.02-0.54-0.310.31
-0.05-0.14-0.17-0.2-0.020.3-0.1-0.15-0.04-0.14-0.09-0.03-0.07-0.240.69-0.140.290.01-0.1-0.03-0.180.13-0.030.130.29
0.870.55-0.13-0.150.88-0.38-0.40.890.90.650.290.830.580.650.160.57-0.520.010.540.350.510.140.730.240.37
0.630.980.470.630.64-0.10.440.690.510.980.050.65-0.130.46-0.010.99-0.31-0.10.54-0.120.980.540.67-0.150.19
0.31-0.120.29-0.290.34-0.05-0.570.280.44-0.070.910.50.480.420.24-0.110.34-0.030.35-0.12-0.14-0.09-0.040.060.35
0.590.990.470.650.58-0.170.50.660.460.980.040.58-0.150.43-0.140.99-0.35-0.180.510.98-0.140.450.68-0.230.09
0.320.420.510.540.330.190.290.360.120.480.10.44-0.350.080.220.490.020.130.140.54-0.090.450.42-0.280.22
0.730.640.060.250.68-0.260.030.760.570.77-0.020.620.250.350.010.7-0.54-0.030.730.67-0.040.680.42-0.240.13
0.2-0.13-0.4-0.330.26-0.06-0.530.150.39-0.19-0.10.120.460.20.31-0.21-0.310.130.24-0.150.06-0.23-0.28-0.240.31
0.620.120.290.220.640.52-0.460.510.550.160.120.640.550.690.860.10.310.290.370.190.350.090.220.130.31
Click cells to compare fundamentals

East West Account Relationship Matchups

East West fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.2B52.2B60.9B64.1B69.6B73.1B
Short Long Term Debt Total1.0B928.2M506.9M264.3M4.8B5.0B
Other Current Liab(136.8M)(123.8M)(105.5M)(111.9M)28.6B30.1B
Total Current Liabilities136.8M123.8M105.5M111.9M33.1B34.8B
Total Stockholder Equity5.0B5.3B5.8B6.0B7.0B7.3B
Property Plant And Equipment Net100.0M95.5M98.6M103.7M94.0M94.9M
Net Debt(2.4B)(3.9B)(4.1B)(3.4B)129.9M136.4M
Retained Earnings3.7B4.0B4.7B5.6B6.5B6.8B
Cash3.5B4.8B4.6B3.6B4.6B4.9B
Non Current Assets Total4.3B6.6B11.2B10.5B64.2B67.4B
Non Currrent Assets Other(198.8M)(267.6M)(294.6M)89.2M2.1B2.2B
Other Assets33.1B35.2B35.1B44.0B50.6B53.1B
Cash And Short Term Investments6.8B10.4B14.6B9.7B4.6B3.4B
Common Stock Shares Outstanding146.2M143.0M143.1M142.5M141.9M116.1M
Liabilities And Stockholders Equity44.2B52.2B60.9B64.1B69.6B73.1B
Non Current Liabilities Total898.2M804.4M401.3M111.9M29.5B31.0B
Other Current Assets4.5B6.5B7.2B4.7B5.4B5.1B
Other Stockholder Equity1.3B1.2B1.2B1.2B1.1B1.1B
Total Liab39.2B46.9B55.0B58.1B62.7B65.8B
Property Plant And Equipment Gross218.3M95.5M98.6M103.7M849.1M891.6M
Total Current Assets6.8B10.4B14.6B9.7B5.4B4.8B
Accumulated Other Comprehensive Income(18.4M)44.3M(90.4M)(765.6M)(620.6M)(589.6M)
Short Term Debt136.8M123.8M105.5M111.9M4.5B4.7B
Other Liab292.1M33.6M27.5M452.5M520.4M546.4M
Accounts Payable619.3M796.8M53.4B56.0B64.4B67.6B
Long Term Debt898.2M804.4M401.3M152.4M153.0M145.4M
Common Stock Total Equity165K166K167K168K193.2K125.2K
Inventory125K19.7M10.3M270K243K255.2K
Treasury Stock(468.0M)(479.9M)(634.1M)(649.8M)(584.8M)(555.6M)
Intangible Assets16.1M11.9M5.7M6.2M6.6M6.3M
Common Stock165K166K167K168K169K130.2K
Property Plant Equipment118.4M103.3M98.6M192.9M221.8M232.9M
Short Term Investments3.3B5.5B10.0B6.0B6.2B6.5B
Net Tangible Assets4.6B4.8B5.4B5.5B6.3B3.8B
Retained Earnings Total Equity3.2B3.7B4.0B4.7B5.4B2.7B
Long Term Debt Total146.8M152.3M151.7M152.0M136.8M150.9M
Capital Surpluse1.8B1.8B1.9B1.9B2.2B1.9B
Long Term Investments37.7B5.5B10.6B9.8B10.0B13.8B

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

  0.66NU Nu Holdings Aggressive PushPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether East West Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of East West'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 East West Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on East West Bancorp Stock:
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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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
(0.11)
Dividend Share
1.44
Earnings Share
8.18
Revenue Per Share
16.615
Quarterly Revenue Growth
(0.04)
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.