ICICI Interest Coverage from 2010 to 2026
| IBN Stock | USD 30.46 0.29 0.94% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 0.74 | Current Value 0.77 | Quarterly Volatility 0.23420784 |
Check ICICI Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ICICI Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.5 B, Interest Expense of 1.1 T or Selling General Administrative of 285.3 B, as well as many indicators such as Price To Sales Ratio of 4.3, Dividend Yield of 0.0097 or PTB Ratio of 4.69. ICICI financial statements analysis is a perfect complement when working with ICICI Bank Valuation or Volatility modules.
ICICI | Interest Coverage | Build AI portfolio with ICICI Stock |
Evaluating ICICI Bank's Interest Coverage across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into ICICI Bank Limited's fundamental strength.
Latest ICICI Bank's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of ICICI Bank Limited over the last few years. It is ICICI Bank's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ICICI Bank's overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
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Interest Coverage |
| Timeline |
ICICI Interest Coverage Regression Statistics
| Arithmetic Mean | 0.47 | |
| Geometric Mean | 0.41 | |
| Coefficient Of Variation | 50.24 | |
| Mean Deviation | 0.20 | |
| Median | 0.39 | |
| Standard Deviation | 0.23 | |
| Sample Variance | 0.05 | |
| Range | 0.6848 | |
| R-Value | 0.80 | |
| Mean Square Error | 0.02 | |
| R-Squared | 0.65 | |
| Significance | 0.000097 | |
| Slope | 0.04 | |
| Total Sum of Squares | 0.88 |
ICICI Interest Coverage History
About ICICI Bank Financial Statements
ICICI Bank investors utilize fundamental indicators, such as Interest Coverage, to predict how ICICI Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 0.74 | 0.77 |
Pair Trading with ICICI Bank
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 ICICI Bank 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 ICICI Bank will appreciate offsetting losses from the drop in the long position's value.Moving against ICICI Stock
| 0.47 | BAP | Credicorp | PairCorr |
| 0.45 | BMO | Bank of Montreal | PairCorr |
| 0.44 | HSBC | HSBC Holdings PLC | PairCorr |
| 0.43 | KEP | Korea Electric Power | PairCorr |
| 0.41 | RY | Royal Bank | PairCorr |
The ability to find closely correlated positions to ICICI Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICICI Bank 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 ICICI Bank - 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 ICICI Bank Limited to buy it.
The correlation of ICICI Bank 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 ICICI Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICICI Bank Limited 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 ICICI Bank 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.Check out the analysis of ICICI Bank Correlation against competitors. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Will Diversified Banks sector continue expanding? Could ICICI diversify its offerings? Factors like these will boost the valuation of ICICI Bank. Market participants price ICICI higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every ICICI Bank data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.04) | Earnings Share 1.6 | Revenue Per Share | Quarterly Revenue Growth 0.03 | Return On Assets |
ICICI Bank Limited's market price often diverges from its book value, the accounting figure shown on ICICI's balance sheet. Smart investors calculate ICICI Bank's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since ICICI Bank's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between ICICI Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICICI Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICICI Bank'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.