Eagle Intangible Assets vs Other Assets Analysis

EBMT Stock

USD 13.10 0.05 0.38%

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

For more information on how to buy Eagle Stock please use our How to Invest in Eagle Bancorp guide.

Intangible Assets vs Other Assets

Intangible Assets vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Bancorp Montana Intangible Assets account and Other Assets. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Eagle Bancorp's Intangible Assets and Other Assets is 0.95. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Other Assets in the same time period over historical financial statements of Eagle Bancorp Montana, assuming nothing else is changed. The correlation between historical values of Eagle Bancorp's Intangible Assets and Other 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 Intangible Assets of Eagle Bancorp Montana are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Intangible Assets i.e., Eagle Bancorp's Intangible Assets and Other Assets go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Other Assets

Most indicators from Eagle Bancorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle Bancorp Montana 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 Eagle Bancorp Montana. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

For more information on how to buy Eagle Stock please use our How to Invest in Eagle Bancorp guide.At this time, Eagle Bancorp's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 221.48 in 2024, whereas Selling General Administrative is likely to drop slightly above 23.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	91.6M	4.3M	114.3M	120.1M
Total Revenue	91.6M	4.3M	104.5M	109.7M

Gross Profit Total Revenue

Eagle Bancorp fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Short Term Investments	Inventory	Total Liab	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt Total	Property Plant And Equipment Net	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets
Total Assets		0.81	0.77	0.85	0.18	0.48	0.96	0.76	0.71	-0.54	0.75	-0.91	1.0	0.81	0.99	0.73	0.99	0.56	0.67	0.55	0.13	0.98	0.81	0.83	0.46	-0.49
Total Stockholder Equity	0.81		0.64	0.97	0.34	0.76	0.81	0.4	0.74	-0.16	0.34	-0.69	0.83	0.95	0.81	0.35	0.81	0.13	0.25	0.13	0.4	0.72	0.95	0.94	0.28	-0.42
Other Liab	0.77	0.64		0.68	0.23	0.49	0.84	0.5	0.56	-0.36	0.54	-0.75	0.76	0.64	0.84	0.49	0.84	0.32	0.49	0.41	-0.08	0.81	0.64	0.67	0.2	-0.66
Retained Earnings	0.85	0.97	0.68		0.37	0.7	0.83	0.47	0.82	-0.21	0.45	-0.79	0.87	0.93	0.85	0.39	0.85	0.19	0.32	0.18	0.39	0.78	0.93	0.93	0.4	-0.46
Accounts Payable	0.18	0.34	0.23	0.37		0.55	0.19	-0.12	0.26	0.23	-0.27	-0.25	0.19	0.16	0.21	-0.27	0.23	-0.4	-0.15	-0.22	0.38	0.06	0.16	0.28	-0.32	-0.2
Cash	0.48	0.76	0.49	0.7	0.55		0.56	-0.02	0.38	0.15	-0.15	-0.36	0.48	0.59	0.54	-0.12	0.54	-0.37	-0.08	-0.17	0.4	0.37	0.59	0.68	-0.27	-0.43
Other Assets	0.96	0.81	0.84	0.83	0.19	0.56		0.64	0.62	-0.41	0.63	-0.89	0.95	0.78	0.97	0.65	0.97	0.46	0.56	0.45	0.07	0.95	0.78	0.87	0.3	-0.67
Long Term Debt	0.76	0.4	0.5	0.47	-0.12	-0.02	0.64		0.33	-0.82	0.87	-0.72	0.73	0.46	0.72	0.93	0.72	0.88	0.89	0.85	-0.32	0.79	0.46	0.49	0.54	-0.03
Short Term Investments	0.71	0.74	0.56	0.82	0.26	0.38	0.62	0.33		-0.23	0.54	-0.64	0.73	0.82	0.7	0.29	0.69	0.17	0.33	0.18	0.53	0.68	0.82	0.64	0.59	-0.47
Inventory	-0.54	-0.16	-0.36	-0.21	0.23	0.15	-0.41	-0.82	-0.23		-0.75	0.4	-0.48	-0.31	-0.52	-0.86	-0.5	-0.84	-0.97	-0.99	0.53	-0.59	-0.31	-0.17	-0.3	-0.05
Total Liab	0.75	0.34	0.54	0.45	-0.27	-0.15	0.63	0.87	0.54	-0.75		-0.76	0.74	0.48	0.72	0.88	0.71	0.86	0.84	0.77	-0.18	0.83	0.48	0.41	0.78	-0.2
Treasury Stock	-0.91	-0.69	-0.75	-0.79	-0.25	-0.36	-0.89	-0.72	-0.64	0.4	-0.76		-0.91	-0.65	-0.91	-0.66	-0.92	-0.52	-0.57	-0.46	-0.09	-0.92	-0.65	-0.78	-0.55	0.52
Intangible Assets	1.0	0.83	0.76	0.87	0.19	0.48	0.95	0.73	0.73	-0.48	0.74	-0.91		0.83	0.98	0.7	0.98	0.53	0.62	0.49	0.19	0.97	0.83	0.85	0.49	-0.49
Common Stock	0.81	0.95	0.64	0.93	0.16	0.59	0.78	0.46	0.82	-0.31	0.48	-0.65	0.83		0.8	0.46	0.79	0.28	0.37	0.25	0.32	0.75	1.0	0.86	0.42	-0.38
Property Plant Equipment	0.99	0.81	0.84	0.85	0.21	0.54	0.97	0.72	0.7	-0.52	0.72	-0.91	0.98	0.8		0.69	1.0	0.5	0.66	0.54	0.09	0.98	0.8	0.83	0.39	-0.57
Short Long Term Debt Total	0.73	0.35	0.49	0.39	-0.27	-0.12	0.65	0.93	0.29	-0.86	0.88	-0.66	0.7	0.46	0.69		0.69	0.97	0.91	0.88	-0.44	0.79	0.46	0.44	0.49	-0.11
Property Plant And Equipment Net	0.99	0.81	0.84	0.85	0.23	0.54	0.97	0.72	0.69	-0.5	0.71	-0.92	0.98	0.79	1.0	0.69		0.5	0.64	0.53	0.1	0.98	0.79	0.84	0.39	-0.57
Net Debt	0.56	0.13	0.32	0.19	-0.4	-0.37	0.46	0.88	0.17	-0.84	0.86	-0.52	0.53	0.28	0.5	0.97	0.5		0.87	0.87	-0.51	0.64	0.28	0.25	0.53	0.01
Non Current Assets Total	0.67	0.25	0.49	0.32	-0.15	-0.08	0.56	0.89	0.33	-0.97	0.84	-0.57	0.62	0.37	0.66	0.91	0.64	0.87		0.99	-0.46	0.73	0.37	0.3	0.36	-0.12
Non Currrent Assets Other	0.55	0.13	0.41	0.18	-0.22	-0.17	0.45	0.85	0.18	-0.99	0.77	-0.46	0.49	0.25	0.54	0.88	0.53	0.87	0.99		-0.6	0.62	0.25	0.18	0.27	-0.04
Cash And Short Term Investments	0.13	0.4	-0.08	0.39	0.38	0.4	0.07	-0.32	0.53	0.53	-0.18	-0.09	0.19	0.32	0.09	-0.44	0.1	-0.51	-0.46	-0.6		0.01	0.32	0.26	0.22	-0.13
Net Receivables	0.98	0.72	0.81	0.78	0.06	0.37	0.95	0.79	0.68	-0.59	0.83	-0.92	0.97	0.75	0.98	0.79	0.98	0.64	0.73	0.62	0.01		0.75	0.78	0.52	-0.54
Common Stock Total Equity	0.81	0.95	0.64	0.93	0.16	0.59	0.78	0.46	0.82	-0.31	0.48	-0.65	0.83	1.0	0.8	0.46	0.79	0.28	0.37	0.25	0.32	0.75		0.86	0.42	-0.38
Common Stock Shares Outstanding	0.83	0.94	0.67	0.93	0.28	0.68	0.87	0.49	0.64	-0.17	0.41	-0.78	0.85	0.86	0.83	0.44	0.84	0.25	0.3	0.18	0.26	0.78	0.86		0.3	-0.51
Non Current Liabilities Total	0.46	0.28	0.2	0.4	-0.32	-0.27	0.3	0.54	0.59	-0.3	0.78	-0.55	0.49	0.42	0.39	0.49	0.39	0.53	0.36	0.27	0.22	0.52	0.42	0.3		0.03
Other Current Assets	-0.49	-0.42	-0.66	-0.46	-0.2	-0.43	-0.67	-0.03	-0.47	-0.05	-0.2	0.52	-0.49	-0.38	-0.57	-0.11	-0.57	0.01	-0.12	-0.04	-0.13	-0.54	-0.38	-0.51	0.03

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Eagle Bancorp Account Relationship Matchups

Eagle Bancorp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.3B	1.4B	1.9B	2.1B	2.2B
Total Stockholder Equity	121.7M	152.9M	156.7M	158.4M	169.3M	91.7M
Other Liab	3.4M	5.2M	5.9M	6.4M	7.4M	7.7M
Retained Earnings	55.4M	74.0M	85.4M	92.0M	96.0M	53.2M
Accounts Payable	9.8M	24.3M	1.2B	26.5M	30.4M	28.9M
Cash	22.4M	62.2M	54.6M	21.8M	24.5M	17.4M
Other Assets	706.1M	771.8M	729.5M	1.1B	1.2B	1.3B
Long Term Debt	24.9M	29.8M	34.9M	128.2M	234.7M	246.5M
Short Term Investments	126.9M	162.9M	271.3M	349.5M	318.3M	161.1M
Inventory	(29.5M)	(75.6M)	(67.2M)	(34.4M)	(1.5B)	(1.4B)
Total Liab	113.8M	47.3M	35.5M	1.8B	1.9B	2.0B
Treasury Stock	(3.6M)	(4.4M)	(7.3M)	(11.3M)	(10.2M)	(9.7M)
Intangible Assets	11.5M	12.4M	15.5M	22.9M	21.7M	22.8M
Common Stock	57K	67K	71K	85K	97.8K	54.4K
Property Plant Equipment	40.1M	58.8M	67.3M	84.3M	97.0M	101.8M
Short Long Term Debt Total	113.3M	46.9M	34.9M	128.2M	236.2M	248.0M
Property Plant And Equipment Net	40.1M	58.8M	67.3M	84.3M	94.3M	99.0M
Net Debt	90.9M	(15.3M)	(19.7M)	106.4M	211.7M	222.3M
Non Current Assets Total	194.3M	255.0M	374.8M	491.4M	2.0B	2.1B
Non Currrent Assets Other	(5.6M)	(7.8M)	(7.7M)	(10.8M)	1.8B	1.9B
Cash And Short Term Investments	149.3M	225.1M	325.9M	371.3M	(23.2M)	(22.1M)
Net Receivables	4.6M	5.8M	5.8M	11.3M	12.5M	13.1M
Common Stock Total Equity	57K	67K	71K	85K	97.8K	54.6K
Common Stock Shares Outstanding	6.4M	6.8M	6.7M	7.4M	7.8M	5.6M
Liabilities And Stockholders Equity	1.1B	1.3B	1.4B	1.9B	2.1B	2.2B
Non Current Liabilities Total	113.8M	47.3M	35.5M	1.8B	999.9M	557.6M
Other Current Assets	29.5M	75.6M	67.2M	34.4M	37.0M	35.2M
Other Stockholder Equity	64.9M	73.0M	67.8M	92.7M	97.7M	102.6M
Property Plant And Equipment Gross	40.1M	58.8M	87.8M	108.4M	122.1M	128.2M
Total Current Assets	153.8M	230.9M	331.6M	382.6M	37.0M	35.2M
Accumulated Other Comprehensive Income	1.3M	5.9M	3.5M	(26.4M)	(24.5M)	(23.3M)
Total Current Liabilities	533.2M	693.9M	865.2M	1.4B	915.4M	475.7M
Other Current Liab	448.9M	681.4M	849.7M	1.3B	754.3M	587.4M
Net Tangible Assets	103.0M	129.8M	134.2M	116.2M	133.6M	84.9M
Good Will	12.1M	15.8M	20.8M	34.7M	40.0M	41.9M
Retained Earnings Total Equity	55.4M	74.0M	85.4M	92.0M	105.8M	56.3M
Long Term Debt Total	24.9M	29.8M	29.9M	58.8M	67.7M	71.1M
Capital Surpluse	68.8M	77.6M	80.8M	109.2M	125.5M	131.8M
Long Term Investments	927.7M	1.1B	271.3M	349.5M	318.3M	418.6M

Pair Trading with Eagle Bancorp

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 Eagle Bancorp 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 Eagle Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eagle Stock

0.76	BY	Byline Bancorp Financial Report 25th of July 2024	Pair Corr
0.75	KB	KB Financial Group	Pair Corr

Moving against Eagle Stock

0.43

EGBN

Eagle Bancorp Financial Report 24th of July 2024

Pair Corr

The ability to find closely correlated positions to Eagle Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eagle Bancorp 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 Eagle Bancorp - 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 Eagle Bancorp Montana to buy it.

The correlation of Eagle Bancorp 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 Eagle Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eagle Bancorp Montana 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 Eagle Bancorp 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 Correlation Correlation Matching

Additional Tools for Eagle Stock Analysis

When running Eagle Bancorp's price analysis, check to measure Eagle Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eagle Bancorp is operating at the current time. Most of Eagle Bancorp's value examination focuses on studying past and present price action to predict the probability of Eagle Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eagle Bancorp's price. Additionally, you may evaluate how the addition of Eagle Bancorp to your portfolios can decrease your overall portfolio volatility.

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