Hope Net Receivables vs Accounts Payable 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 Net Receivables and its Accounts Payable 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.

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hope Bancorp Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hope Bancorp's Net Receivables and Accounts Payable is 0.69. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable 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 Net Receivables 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 Net Receivables of Hope 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 Net Receivables i.e., Hope Bancorp's Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents Hope Bancorp 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 Hope 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 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 Revenue552.0M623.9M571.4M600.0M
Interest Expense53.8M137.7M523.0M549.2M

Hope Bancorp fundamental ratios Correlations

0.980.420.770.91.00.840.470.90.790.470.470.330.960.570.610.610.80.93-0.530.540.0-0.530.62-0.630.74
0.980.460.820.970.980.820.390.820.760.390.390.40.890.50.540.530.830.87-0.570.630.13-0.570.68-0.540.64
0.420.460.710.510.410.04-0.380.190.11-0.38-0.380.730.28-0.26-0.24-0.270.710.24-0.250.220.34-0.250.570.18-0.07
0.770.820.710.850.760.51-0.020.510.48-0.02-0.020.640.620.090.160.120.950.57-0.630.550.38-0.630.72-0.180.25
0.90.970.510.850.890.750.250.660.70.250.250.540.750.360.420.40.830.74-0.580.690.34-0.580.68-0.410.47
1.00.980.410.760.890.840.480.910.790.480.480.320.960.580.610.620.790.94-0.520.52-0.02-0.520.61-0.640.75
0.840.820.040.510.750.840.810.770.950.810.810.040.860.870.90.880.450.83-0.480.740.03-0.480.31-0.860.83
0.470.39-0.38-0.020.250.480.810.60.791.01.0-0.440.620.980.970.99-0.080.62-0.10.44-0.34-0.1-0.13-0.940.85
0.90.820.190.510.660.910.770.60.740.610.610.050.970.670.690.710.60.91-0.350.28-0.38-0.340.4-0.750.89
0.790.760.110.480.70.790.950.790.740.790.790.160.820.860.890.850.370.77-0.420.690.07-0.420.13-0.910.84
0.470.39-0.38-0.020.250.480.811.00.610.791.0-0.440.620.980.970.99-0.080.62-0.10.44-0.34-0.1-0.12-0.940.85
0.470.39-0.38-0.020.250.480.811.00.610.791.0-0.440.620.980.970.99-0.080.62-0.10.44-0.34-0.1-0.12-0.940.85
0.330.40.730.640.540.320.04-0.440.050.16-0.44-0.440.15-0.33-0.31-0.330.590.1-0.290.230.68-0.290.370.18-0.2
0.960.890.280.620.750.960.860.620.970.820.620.620.150.70.720.730.660.95-0.430.42-0.22-0.430.47-0.770.87
0.570.5-0.260.090.360.580.870.980.670.860.980.98-0.330.70.990.990.030.69-0.160.5-0.3-0.15-0.07-0.960.9
0.610.54-0.240.160.420.610.90.970.690.890.970.97-0.310.720.990.980.080.69-0.270.56-0.25-0.27-0.05-0.960.9
0.610.53-0.270.120.40.620.880.990.710.850.990.99-0.330.730.990.980.080.73-0.190.5-0.3-0.180.02-0.960.9
0.80.830.710.950.830.790.45-0.080.60.37-0.08-0.080.590.660.030.080.080.61-0.510.40.23-0.510.83-0.110.26
0.930.870.240.570.740.940.830.620.910.770.620.620.10.950.690.690.730.61-0.390.38-0.24-0.390.52-0.740.82
-0.53-0.57-0.25-0.63-0.58-0.52-0.48-0.1-0.35-0.42-0.1-0.1-0.29-0.43-0.16-0.27-0.19-0.51-0.39-0.48-0.361.0-0.350.25-0.2
0.540.630.220.550.690.520.740.440.280.690.440.440.230.420.50.560.50.40.38-0.480.5-0.470.38-0.420.33
0.00.130.340.380.34-0.020.03-0.34-0.380.07-0.34-0.340.68-0.22-0.3-0.25-0.30.23-0.24-0.360.5-0.360.190.28-0.46
-0.53-0.57-0.25-0.63-0.58-0.52-0.48-0.1-0.34-0.42-0.1-0.1-0.29-0.43-0.15-0.27-0.18-0.51-0.391.0-0.47-0.36-0.350.24-0.2
0.620.680.570.720.680.610.31-0.130.40.13-0.12-0.120.370.47-0.07-0.050.020.830.52-0.350.380.19-0.350.090.05
-0.63-0.540.18-0.18-0.41-0.64-0.86-0.94-0.75-0.91-0.94-0.940.18-0.77-0.96-0.96-0.96-0.11-0.740.25-0.420.280.240.09-0.93
0.740.64-0.070.250.470.750.830.850.890.840.850.85-0.20.870.90.90.90.260.82-0.20.33-0.46-0.20.05-0.93
Click cells to compare fundamentals

Hope Bancorp Account Relationship Matchups

Hope Bancorp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.7B17.1B17.9B19.2B19.1B20.1B
Total Stockholder Equity2.0B2.1B2.1B2.0B2.1B2.2B
Other Assets11.0B11.6B11.7B13.7B62.3M59.1M
Common Stock Shares Outstanding126.9M123.9M123.1M120.5M120.4M66.6M
Liabilities And Stockholders Equity15.7B17.1B17.9B19.2B19.1B20.1B
Other Stockholder Equity1.3B1.2B1.2B1.2B1.2B1.2B
Total Liab13.6B15.1B15.8B17.1B17.0B17.9B
Property Plant And Equipment Net52.0M48.4M45.7M46.9M97.2M102.1M
Non Currrent Assets Other(53.3M)(101.9M)(90.1M)(5.3M)14.1B14.8B
Property Plant And Equipment Gross110.6M96.1M159.5M169.5M168.4M176.8M
Short Long Term Debt Total927.5M558.7M635.4M1.2B1.9B2.0B
Other Current Liab(33.8M)(14.7M)(4.3M)(26.7M)15.8B16.6B
Total Current Liabilities33.8M14.7M4.3M26.7M16.0B16.8B
Net Debt228.9M208.2M305.3M681.9M(25.0M)(23.7M)
Retained Earnings762.5M785.9M932.6M1.1B1.2B1.2B
Accounts Payable33.8M14.7M4.3M26.7M168.2M176.6M
Cash698.6M350.6M316.3M506.8M1.9B2.0B
Non Current Assets Total2.2B2.8B3.2B2.9B17.1B18.0B
Cash And Short Term Investments2.4B2.6B3.0B2.5B1.9B1.1B
Net Receivables30.8M59.4M41.8M55.5M61.7M64.8M
Non Current Liabilities Total927.5M558.7M621.6M26.7M1.1B1.1B
Total Current Assets2.4B2.7B3.0B2.5B1.9B1.8B
Accumulated Other Comprehensive Income9.1M32.8M(11.4M)(230.9M)(204.7M)(194.5M)
Other Liab70.8M145.6M129.8M46.2M53.2M49.5M
Current Deferred Revenue(315.7M)(149.8M)(309.6M)(853.3M)(1.8B)(1.7B)
Long Term Debt927.5M308.7M621.6M1.2B1.9B2.0B
Short Term Investments1.7B2.3B2.7B2.2B2.1B2.0B
Inventory(783.7M)(460.0M)(375.1M)(566.2M)1.9B2.0B
Short Term Debt349.5M164.5M313.9M880.0M1.8B1.9B
Intangible Assets11.8M9.7M7.7M5.7M3.9M3.7M
Property Plant Equipment110.6M48.4M45.7M101.9M117.2M123.0M
Other Current Assets783.7M460.0M375.1M566.2M2.0B3.4B
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 Investments1.8B2.3B2.7B2.2B2.5B2.6B

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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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.