Eastern Total Current Assets from 2010 to 2024

EBC Stock  USD 18.76  0.27  1.42%   
Eastern Bankshares' Total Current Assets are decreasing over the years with slightly volatile fluctuation. Total Current Assets are expected to dwindle to about 832.3 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2019-12-31
Previous Quarter
943.7 M
Current Value
1.1 B
Quarterly Volatility
4.5 B
 
Covid
Check Eastern Bankshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Eastern Bankshares' main balance sheet or income statement drivers, such as Interest Expense of 258.4 M, Other Operating Expenses of 7.2 M or Net Income Applicable To Common Shares of 241.2 M, as well as many indicators such as Price To Sales Ratio of 4.09, Dividend Yield of 0.0178 or PTB Ratio of 1.31. Eastern financial statements analysis is a perfect complement when working with Eastern Bankshares Valuation or Volatility modules.
  
Check out the analysis of Eastern Bankshares Correlation against competitors.
For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.

Latest Eastern Bankshares' Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Eastern Bankshares over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Eastern Bankshares' Total Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Eastern Bankshares' overall financial position and show how it may be relating to other accounts over time.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Eastern Total Current Assets Regression Statistics

Arithmetic Mean6,705,631,970
Geometric Mean4,828,706,404
Coefficient Of Variation55.52
Mean Deviation3,205,446,840
Median9,311,734,000
Standard Deviation3,722,708,439
Sample Variance13858558.1T
Range9.1B
R-Value(0.37)
Mean Square Error12839810.3T
R-Squared0.14
Significance0.17
Slope(311,117,108)
Total Sum of Squares194019813.7T

Eastern Total Current Assets History

2024832.3 M
2023876.1 M
20226.9 B
20219.7 B
20205.2 B
20191.9 B

About Eastern Bankshares Financial Statements

Eastern Bankshares stakeholders use historical fundamental indicators, such as Eastern Bankshares' Total Current Assets, to determine how well the company is positioned to perform in the future. Although Eastern Bankshares investors may analyze each financial statement separately, they are all interrelated. For example, changes in Eastern Bankshares' assets and liabilities are reflected in the revenues and expenses on Eastern Bankshares' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Eastern Bankshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets876.1 M832.3 M

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 Eastern Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eastern Bankshares' 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 Eastern Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eastern Bankshares Stock:
Check out the analysis of Eastern Bankshares Correlation against competitors.
For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 Eastern Bankshares. If investors know Eastern 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 Eastern Bankshares 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
(0.46)
Dividend Share
0.44
Earnings Share
0.53
Revenue Per Share
3.554
Quarterly Revenue Growth
0.049
The market value of Eastern Bankshares is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern Bankshares' value that differs from its market value or its book value, called intrinsic value, which is Eastern Bankshares' 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 Eastern Bankshares' market value can be influenced by many factors that don't directly affect Eastern Bankshares' 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 Eastern Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastern Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern Bankshares' 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.