Erste Investments vs Long Term Debt Analysis

0MJK Stock

51.91 0.59 1.15%

Erste Group financial indicator trend analysis is much more than just examining Erste Group Bank latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Erste Group Bank is a good investment. Please check the relationship between Erste Group Investments and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Erste Group Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Investments vs Long Term Debt

Investments vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Erste Group Bank Investments account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Erste Group's Investments and Long Term Debt is -0.71. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Erste Group Bank, assuming nothing else is changed. The correlation between historical values of Erste Group's Investments and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Erste Group Bank are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Investments i.e., Erste Group's Investments and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.71

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Long Term Debt

Long-term debt is a debt that Erste Group Bank has held for over one year. Long-term debt appears on Erste Group Bank balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Erste Group Bank balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Erste Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Erste Group Bank 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Erste Group Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to drop to about 306.8 M in 2024

	2019	2020	2023	2024 (projected)
Net Interest Income	4.7B	4.8B	5.5B	5.0B
Tax Provision	418.7M	342.5M	308.3M	306.8M

Net Interest Income Tax Provision

Erste Group fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Retained Earnings	Other Assets	Long Term Debt	Good Will	Capital Surpluse	Other Stockholder Equity	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Earning Assets	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Accounts Payable	Net Receivables	Inventory	Other Current Assets	Total Current Assets
Total Assets		0.94	1.0	0.98	0.94	0.93	-0.92	0.63	0.91	1.0	0.91	-0.45	0.82	0.46	-0.32	0.93	0.76	0.95	0.93	0.87	-0.84	-0.33	0.88
Short Long Term Debt Total	0.94		0.92	0.94	0.92	1.0	-0.91	0.71	0.8	0.94	0.83	-0.54	0.85	0.6	-0.37	0.88	0.75	0.92	0.88	0.82	-0.79	-0.41	0.77
Total Stockholder Equity	1.0	0.92		0.98	0.94	0.91	-0.93	0.61	0.91	1.0	0.92	-0.44	0.81	0.4	-0.3	0.92	0.73	0.94	0.92	0.85	-0.82	-0.32	0.86
Retained Earnings	0.98	0.94	0.98		0.95	0.93	-0.93	0.64	0.86	0.98	0.92	-0.49	0.83	0.42	-0.31	0.93	0.77	0.94	0.93	0.89	-0.85	-0.37	0.84
Other Assets	0.94	0.92	0.94	0.95		0.91	-0.89	0.47	0.81	0.94	0.87	-0.35	0.67	0.26	-0.24	0.8	0.62	0.84	0.8	0.75	-0.7	-0.27	0.74
Long Term Debt	0.93	1.0	0.91	0.93	0.91		-0.89	0.73	0.79	0.93	0.82	-0.56	0.85	0.61	-0.38	0.88	0.76	0.91	0.88	0.82	-0.79	-0.43	0.76
Good Will	-0.92	-0.91	-0.93	-0.93	-0.89	-0.89		-0.6	-0.91	-0.92	-0.85	0.55	-0.85	-0.45	0.25	-0.87	-0.65	-0.91	-0.86	-0.79	0.79	0.35	-0.79
Capital Surpluse	0.63	0.71	0.61	0.64	0.47	0.73	-0.6		0.53	0.63	0.67	-0.85	0.82	0.78	-0.57	0.73	0.78	0.74	0.73	0.69	-0.73	-0.67	0.54
Other Stockholder Equity	0.91	0.8	0.91	0.86	0.81	0.79	-0.91	0.53		0.91	0.8	-0.53	0.72	0.4	-0.21	0.87	0.6	0.88	0.86	0.74	-0.85	-0.28	0.9
Total Liab	1.0	0.94	1.0	0.98	0.94	0.93	-0.92	0.63	0.91		0.9	-0.45	0.82	0.46	-0.32	0.94	0.76	0.95	0.93	0.87	-0.85	-0.34	0.88
Intangible Assets	0.91	0.83	0.92	0.92	0.87	0.82	-0.85	0.67	0.8	0.9		-0.56	0.71	0.25	-0.33	0.8	0.67	0.83	0.8	0.74	-0.73	-0.4	0.68
Common Stock	-0.45	-0.54	-0.44	-0.49	-0.35	-0.56	0.55	-0.85	-0.53	-0.45	-0.56		-0.63	-0.57	0.41	-0.56	-0.52	-0.57	-0.55	-0.49	0.67	0.65	-0.42
Property Plant Equipment	0.82	0.85	0.81	0.83	0.67	0.85	-0.85	0.82	0.72	0.82	0.71	-0.63		0.78	-0.43	0.92	0.85	0.93	0.92	0.9	-0.85	-0.5	0.77
Earning Assets	0.46	0.6	0.4	0.42	0.26	0.61	-0.45	0.78	0.4	0.46	0.25	-0.57	0.78		-0.47	0.65	0.7	0.64	0.65	0.62	-0.64	-0.49	0.54
Other Current Liab	-0.32	-0.37	-0.3	-0.31	-0.24	-0.38	0.25	-0.57	-0.21	-0.32	-0.33	0.41	-0.43	-0.47		-0.4	-0.74	-0.47	-0.44	-0.46	0.36	0.94	-0.15
Total Current Liabilities	0.93	0.88	0.92	0.93	0.8	0.88	-0.87	0.73	0.87	0.94	0.8	-0.56	0.92	0.65	-0.4		0.88	0.99	1.0	0.97	-0.96	-0.46	0.94
Other Liab	0.76	0.75	0.73	0.77	0.62	0.76	-0.65	0.78	0.6	0.76	0.67	-0.52	0.85	0.7	-0.74	0.88		0.88	0.89	0.93	-0.83	-0.74	0.7
Net Tangible Assets	0.95	0.92	0.94	0.94	0.84	0.91	-0.91	0.74	0.88	0.95	0.83	-0.57	0.93	0.64	-0.47	0.99	0.88		0.99	0.95	-0.93	-0.51	0.89
Accounts Payable	0.93	0.88	0.92	0.93	0.8	0.88	-0.86	0.73	0.86	0.93	0.8	-0.55	0.92	0.65	-0.44	1.0	0.89	0.99		0.97	-0.96	-0.49	0.93
Net Receivables	0.87	0.82	0.85	0.89	0.75	0.82	-0.79	0.69	0.74	0.87	0.74	-0.49	0.9	0.62	-0.46	0.97	0.93	0.95	0.97		-0.92	-0.51	0.87
Inventory	-0.84	-0.79	-0.82	-0.85	-0.7	-0.79	0.79	-0.73	-0.85	-0.85	-0.73	0.67	-0.85	-0.64	0.36	-0.96	-0.83	-0.93	-0.96	-0.92		0.49	-0.93
Other Current Assets	-0.33	-0.41	-0.32	-0.37	-0.27	-0.43	0.35	-0.67	-0.28	-0.34	-0.4	0.65	-0.5	-0.49	0.94	-0.46	-0.74	-0.51	-0.49	-0.51	0.49		-0.2
Total Current Assets	0.88	0.77	0.86	0.84	0.74	0.76	-0.79	0.54	0.9	0.88	0.68	-0.42	0.77	0.54	-0.15	0.94	0.7	0.89	0.93	0.87	-0.93	-0.2

Click cells to compare fundamentals

Erste Group Account Relationship Matchups

Erste Group fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	220.7B	236.8B	245.7B	277.4B	319.0B	261.5B
Short Long Term Debt Total	25.1B	29.7B	30.9B	31.2B	35.9B	31.7B
Total Stockholder Equity	13.9B	14.4B	15.6B	17.3B	19.9B	16.2B
Retained Earnings	13.1B	13.2B	14.9B	14.8B	17.0B	14.0B
Other Assets	183.9B	187.7B	200.9B	220.2B	253.2B	151.3B
Long Term Debt	25.1B	29.7B	30.4B	30.7B	35.3B	31.5B
Other Stockholder Equity	187.4M	3.3B	2.2B	2.2B	2.6B	2.7B
Total Liab	206.8B	222.4B	230.1B	260.1B	299.1B	245.3B
Intangible Assets	811.6M	795.1M	821.3M	814.9M	937.1M	863.1M
Property Plant Equipment	2.6B	2.6B	2.7B	2.7B	3.1B	2.8B
Earning Assets	45.8B	47.5B	48.3B	50.8B	58.4B	53.6B
Other Current Liab	1.9B	2.0B	2.9B	1.0B	927.6M	1.6B
Total Current Liabilities	195.0B	225.0B	253.6B	256.8B	295.3B	246.5B
Other Liab	3.6B	3.7B	4.0B	5.2B	5.9B	4.4B
Net Tangible Assets	14.3B	16.0B	16.6B	18.0B	20.7B	17.1B
Accounts Payable	183.4B	213.6B	240.8B	252.8B	290.7B	235.0B
Net Receivables	1.5B	1.5B	2.3B	2.5B	2.9B	2.0B
Other Current Assets	3.7B	5.0B	6.9B	261.6M	235.4M	223.7M
Total Current Assets	18.7B	44.4B	54.7B	46.3B	53.2B	41.6B

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

Additional Tools for Erste Stock Analysis

When running Erste Group's price analysis, check to measure Erste Group'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 Erste Group is operating at the current time. Most of Erste Group's value examination focuses on studying past and present price action to predict the probability of Erste Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erste Group's price. Additionally, you may evaluate how the addition of Erste Group to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Erste Investments vs Long Term Debt Analysis

Investments vs Long Term Debt

Investments vs Long Term Debt Correlation Analysis

Correlation Coefficient

Investments

Long Term Debt

Erste Group fundamental ratios Correlations

Erste Group Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Erste Group fundamental ratios Accounts

Also Currently Popular

Additional Tools for Erste Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Total Stockholder Equity
Accounts Payable	+ 1.0	Total Current Liabilities
Net Tangible Assets	+ 0.99	Total Current Liabilities

Inventory	- 0.96	Accounts Payable
Inventory	- 0.96	Total Current Liabilities
Total Current Assets	- 0.93	Inventory
Inventory	- 0.93	Net Tangible Assets
Good Will	- 0.93	Retained Earnings
Good Will	- 0.93	Total Stockholder Equity