Eastern Net Tangible Assets vs Cash Analysis

EBC Stock

USD 15.87 0.10 0.63%

Eastern Bankshares financial indicator trend analysis is much more than just examining Eastern Bankshares latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eastern Bankshares is a good investment. Please check the relationship between Eastern Bankshares Net Tangible Assets and its Cash accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.

Net Tangible Assets vs Cash

Net Tangible Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eastern Bankshares Net Tangible Assets account and Cash. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Eastern Bankshares' Net Tangible Assets and Cash is 0.91. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Cash in the same time period over historical financial statements of Eastern Bankshares, assuming nothing else is changed. The correlation between historical values of Eastern Bankshares' Net Tangible Assets and Cash 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 Tangible Assets of Eastern Bankshares are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Tangible Assets i.e., Eastern Bankshares' Net Tangible Assets and Cash go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Cash

Cash refers to the most liquid asset of Eastern Bankshares, which is listed under current asset account on Eastern Bankshares balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Eastern Bankshares customers. The amounts must be unrestricted with restricted cash listed in a different Eastern Bankshares account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Eastern Bankshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eastern Bankshares 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 Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.The current year's Sales General And Administrative To Revenue is expected to grow to 0.45, whereas Tax Provision is forecasted to decline to about 18.6 M.

	2022	2023	2024	2025 (projected)
Interest Income	605.2M	767.8M	946.8M	633.0M
Net Interest Income	568.1M	567.1M	607.6M	530.4M

Interest Income Net Interest Income

Eastern Bankshares fundamental ratios Correlations

	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Other Current Assets	Other Stockholder Equity	Total Current Assets	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total
Total Current Liabilities		0.61	0.53	0.54	0.55	0.14	0.1	0.51	0.46	0.39	0.51	-0.78	0.98	0.64	-0.09	-0.69	0.58	0.87	0.94	-0.7	0.42	0.5	0.53	-0.34	0.34	-0.54
Other Liab	0.61		0.76	0.78	0.94	-0.07	0.76	0.8	0.93	0.64	0.92	-0.07	0.56	0.83	-0.14	-0.49	0.5	0.67	0.36	0.02	0.91	0.86	0.83	-0.71	0.91	0.28
Net Tangible Assets	0.53	0.76		0.63	0.72	-0.13	0.64	0.84	0.88	0.77	0.74	-0.23	0.48	0.92	-0.61	-0.85	0.91	0.49	0.39	-0.14	0.85	0.87	0.54	-0.75	0.75	0.15
Retained Earnings	0.54	0.78	0.63		0.87	0.16	0.73	0.72	0.67	0.77	0.76	-0.04	0.41	0.7	-0.29	-0.4	0.39	0.64	0.32	0.06	0.61	0.75	0.71	-0.65	0.6	0.28
Accounts Payable	0.55	0.94	0.72	0.87		-0.02	0.87	0.83	0.87	0.81	0.95	0.04	0.48	0.84	-0.18	-0.42	0.45	0.71	0.32	0.15	0.83	0.91	0.89	-0.73	0.84	0.4
Other Assets	0.14	-0.07	-0.13	0.16	-0.02		-0.03	0.12	-0.19	0.03	0.05	-0.13	0.11	0.0	0.4	-0.01	-0.06	0.26	0.15	0.04	-0.18	-0.08	0.28	0.0	-0.19	-0.15
Other Current Assets	0.1	0.76	0.64	0.73	0.87	-0.03		0.8	0.8	0.82	0.88	0.43	0.05	0.73	-0.25	-0.25	0.34	0.4	-0.1	0.55	0.8	0.87	0.78	-0.78	0.82	0.76
Other Stockholder Equity	0.51	0.8	0.84	0.72	0.83	0.12	0.8		0.84	0.84	0.93	-0.15	0.51	0.97	-0.35	-0.72	0.73	0.7	0.4	0.05	0.87	0.96	0.82	-0.94	0.81	0.27
Total Current Assets	0.46	0.93	0.88	0.67	0.87	-0.19	0.8	0.84		0.67	0.88	0.01	0.41	0.86	-0.28	-0.58	0.63	0.48	0.22	0.11	0.99	0.89	0.7	-0.8	0.97	0.38
Property Plant Equipment	0.39	0.64	0.77	0.77	0.81	0.03	0.82	0.84	0.67		0.8	0.02	0.34	0.85	-0.52	-0.58	0.64	0.62	0.3	0.15	0.65	0.91	0.71	-0.74	0.58	0.38
Total Assets	0.51	0.92	0.74	0.76	0.95	0.05	0.88	0.93	0.88	0.8		0.0	0.5	0.91	-0.16	-0.51	0.53	0.74	0.33	0.16	0.9	0.95	0.93	-0.86	0.89	0.39
Short Long Term Debt Total	-0.78	-0.07	-0.23	-0.04	0.04	-0.13	0.43	-0.15	0.01	0.02	0.0		-0.83	-0.28	0.13	0.66	-0.51	-0.54	-0.9	0.96	0.01	-0.05	-0.01	0.04	0.13	0.91
Other Current Liab	0.98	0.56	0.48	0.41	0.48	0.11	0.05	0.51	0.41	0.34	0.5	-0.83		0.63	-0.06	-0.71	0.58	0.87	0.97	-0.74	0.4	0.48	0.52	-0.35	0.32	-0.59
Total Stockholder Equity	0.64	0.83	0.92	0.7	0.84	0.0	0.73	0.97	0.86	0.85	0.91	-0.28	0.63		-0.45	-0.82	0.83	0.75	0.53	-0.13	0.87	0.97	0.78	-0.86	0.79	0.14
Property Plant And Equipment Net	-0.09	-0.14	-0.61	-0.29	-0.18	0.4	-0.25	-0.35	-0.28	-0.52	-0.16	0.13	-0.06	-0.45		0.58	-0.66	-0.05	-0.13	0.2	-0.25	-0.42	0.03	0.33	-0.13	-0.08
Net Debt	-0.69	-0.49	-0.85	-0.4	-0.42	-0.01	-0.25	-0.72	-0.58	-0.58	-0.51	0.66	-0.71	-0.82	0.58		-0.98	-0.58	-0.7	0.55	-0.59	-0.66	-0.36	0.61	-0.43	0.33
Cash	0.58	0.5	0.91	0.39	0.45	-0.06	0.34	0.73	0.63	0.64	0.53	-0.51	0.58	0.83	-0.66	-0.98		0.49	0.58	-0.42	0.63	0.7	0.35	-0.62	0.48	-0.18
Non Current Assets Total	0.87	0.67	0.49	0.64	0.71	0.26	0.4	0.7	0.48	0.62	0.74	-0.54	0.87	0.75	-0.05	-0.58	0.49		0.82	-0.39	0.48	0.68	0.82	-0.53	0.43	-0.24
Non Currrent Assets Other	0.94	0.36	0.39	0.32	0.32	0.15	-0.1	0.4	0.22	0.3	0.33	-0.9	0.97	0.53	-0.13	-0.7	0.58	0.82		-0.83	0.21	0.36	0.38	-0.22	0.1	-0.71
Long Term Debt	-0.7	0.02	-0.14	0.06	0.15	0.04	0.55	0.05	0.11	0.15	0.16	0.96	-0.74	-0.13	0.2	0.55	-0.42	-0.39	-0.83		0.13	0.09	0.16	-0.15	0.25	0.93
Cash And Short Term Investments	0.42	0.91	0.85	0.61	0.83	-0.18	0.8	0.87	0.99	0.65	0.9	0.01	0.4	0.87	-0.25	-0.59	0.63	0.48	0.21	0.13		0.89	0.71	-0.84	0.98	0.39
Net Receivables	0.5	0.86	0.87	0.75	0.91	-0.08	0.87	0.96	0.89	0.91	0.95	-0.05	0.48	0.97	-0.42	-0.66	0.7	0.68	0.36	0.09	0.89		0.82	-0.88	0.84	0.36
Good Will	0.53	0.83	0.54	0.71	0.89	0.28	0.78	0.82	0.7	0.71	0.93	-0.01	0.52	0.78	0.03	-0.36	0.35	0.82	0.38	0.16	0.71	0.82		-0.67	0.72	0.32
Common Stock Shares Outstanding	-0.34	-0.71	-0.75	-0.65	-0.73	0.0	-0.78	-0.94	-0.8	-0.74	-0.86	0.04	-0.35	-0.86	0.33	0.61	-0.62	-0.53	-0.22	-0.15	-0.84	-0.88	-0.67		-0.81	-0.35
Short Term Investments	0.34	0.91	0.75	0.6	0.84	-0.19	0.82	0.81	0.97	0.58	0.89	0.13	0.32	0.79	-0.13	-0.43	0.48	0.43	0.1	0.25	0.98	0.84	0.72	-0.81		0.48
Non Current Liabilities Total	-0.54	0.28	0.15	0.28	0.4	-0.15	0.76	0.27	0.38	0.38	0.39	0.91	-0.59	0.14	-0.08	0.33	-0.18	-0.24	-0.71	0.93	0.39	0.36	0.32	-0.35	0.48

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Eastern Bankshares Account Relationship Matchups

Eastern Bankshares fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Current Liabilities	12.2B	19.6B	331.6M	17.6B	21.3B	12.5B
Other Liab	222.2M	223.0M	443.2M	317.2M	364.7M	263.2M
Net Tangible Assets	1.2B	3.1B	2.8B	1.8B	2.1B	1.7B
Retained Earnings	1.7B	1.8B	1.9B	2.0B	2.1B	1.8B
Accounts Payable	9.6B	12.2B	19.6B	19.0B	21.8B	12.7B
Other Assets	7.1B	4.5B	7.8B	(22.8M)	23.4B	24.6B
Other Current Assets	148.7M	179.3M	366.8M	183.1M	231.9M	158.5M
Other Stockholder Equity	1.7B	1.7B	1.5B	1.5B	2.1B	2.2B
Total Current Assets	5.4B	9.9B	6.9B	5.3B	5.3B	4.6B
Property Plant Equipment	56.6M	130.3M	81.0M	120.1M	138.1M	87.7M
Total Assets	16.0B	23.5B	22.6B	21.1B	25.6B	20.7B
Short Long Term Debt Total	28.0M	34.3M	1.4B	39.7M	45.3M	43.0M
Other Current Liab	12.2B	19.6B	(704.1M)	17.6B	21.3B	14.0B
Total Stockholder Equity	3.4B	3.4B	2.5B	3.0B	3.6B	3.0B
Property Plant And Equipment Net	48.7M	65.9M	62.7M	60.1M	64.6M	66.8M
Net Debt	(2.0B)	(1.2B)	571.3M	(653.4M)	(961.6M)	(1.0B)
Cash	2.1B	1.2B	169.5M	693.1M	1.0B	907.9M
Non Current Assets Total	10.6B	13.6B	8.0B	15.8B	20.3B	13.8B
Non Currrent Assets Other	543.3M	624.1M	(268.2M)	706.9M	878.0M	496.5M
Long Term Debt	28.0M	34.3M	740.8M	48.1M	91.4M	179.5M
Cash And Short Term Investments	5.2B	9.7B	6.9B	5.1B	5.0B	5.6B
Net Receivables	5M	17.1M	17.7M	17.5M	20.1M	13.6M
Good Will	369.5M	631.5M	640.2M	557.6M	915.0M	605.3M
Common Stock Shares Outstanding	171.8M	172.3M	165.6M	162.4M	182.2M	145.7M
Short Term Investments	3.2B	8.5B	6.7B	4.4B	4.0B	4.7B
Liabilities And Stockholders Equity	16.0B	23.5B	22.6B	21.1B	25.6B	20.7B
Non Current Liabilities Total	380.4M	477.4M	19.8B	562.1M	651.8M	619.2M
Total Liab	12.5B	20.1B	20.2B	18.2B	21.9B	17.7B
Net Invested Capital	3.5B	3.4B	3.2B	3.0B	3.7B	3.2B
Long Term Investments	5.1B	9.6B	7.2B	4.9B	4.4B	5.4B
Property Plant And Equipment Gross	48.7M	174.4M	156.4M	155.7M	152.4M	127.4M
Accumulated Other Comprehensive Income	54.2M	(56.7M)	(923.2M)	(608.4M)	(584.3M)	(555.1M)
Short Term Debt	14.6M	17K	704.1M	95K	2.5M	2.4M
Intangible Assets	7.1M	18.2M	20.9M	8.6M	135.2M	142.0M
Short Long Term Debt	14.6M	14.0M	704.1M	95K	2.5M	2.4M

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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:

How To Invest In Eastern

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Is Eastern Stock a good investment?

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What is Eastern Bankshares' Net Worth?

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Largest Banks - Regional Companies

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Largest Financial Services Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastern Bankshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Eastern Stock refer to our How to Trade Eastern Stock guide.

You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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

2.125

Dividend Share

0.49

Earnings Share

(0.33)

Revenue Per Share

2.758

Quarterly Revenue Growth

0.605

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.

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Eastern Net Tangible Assets vs Cash Analysis

Net Tangible Assets vs Cash

Net Tangible Assets vs Cash Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Cash

Eastern Bankshares fundamental ratios Correlations

Eastern Bankshares Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Eastern Bankshares fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 0.99	Total Current Assets
Other Current Liab	+ 0.98	Total Current Liabilities
Short Term Investments	+ 0.98	Cash And Short Term Investments
Total Stockholder Equity	+ 0.97	Other Stockholder Equity
Short Term Investments	+ 0.97	Total Current Assets
Non Currrent Assets Other	+ 0.97	Other Current Liab

Cash	- 0.98	Net Debt
Common Stock Shares Outstanding	- 0.94	Other Stockholder Equity
Non Currrent Assets Other	- 0.9	Short Long Term Debt Total
Common Stock Shares Outstanding	- 0.88	Net Receivables
Common Stock Shares Outstanding	- 0.86	Total Stockholder Equity
Common Stock Shares Outstanding	- 0.86	Total Assets