Erste Property Plant Equipment vs Total Cash From Operating Activities 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 Property Plant Equipment and its Total Cash From Operating Activities 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.

Property Plant Equipment vs Total Cash From Operating Activities

Property Plant Equipment vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Erste Group Bank Property Plant Equipment account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Erste Group's Property Plant Equipment and Total Cash From Operating Activities is -0.56. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Cash From Operating Activities 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 Property Plant Equipment and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Erste Group Bank are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Property Plant Equipment i.e., Erste Group's Property Plant Equipment and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.56
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant Equipment

Total Cash From Operating Activities

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 Income4.7B4.8B5.5B5.0B
Tax Provision418.7M342.5M308.3M306.8M

Erste Group fundamental ratios Correlations

0.941.00.980.940.93-0.920.630.911.00.91-0.450.820.46-0.320.930.760.950.930.87-0.84-0.330.88
0.940.920.940.921.0-0.910.710.80.940.83-0.540.850.6-0.370.880.750.920.880.82-0.79-0.410.77
1.00.920.980.940.91-0.930.610.911.00.92-0.440.810.4-0.30.920.730.940.920.85-0.82-0.320.86
0.980.940.980.950.93-0.930.640.860.980.92-0.490.830.42-0.310.930.770.940.930.89-0.85-0.370.84
0.940.920.940.950.91-0.890.470.810.940.87-0.350.670.26-0.240.80.620.840.80.75-0.7-0.270.74
0.931.00.910.930.91-0.890.730.790.930.82-0.560.850.61-0.380.880.760.910.880.82-0.79-0.430.76
-0.92-0.91-0.93-0.93-0.89-0.89-0.6-0.91-0.92-0.850.55-0.85-0.450.25-0.87-0.65-0.91-0.86-0.790.790.35-0.79
0.630.710.610.640.470.73-0.60.530.630.67-0.850.820.78-0.570.730.780.740.730.69-0.73-0.670.54
0.910.80.910.860.810.79-0.910.530.910.8-0.530.720.4-0.210.870.60.880.860.74-0.85-0.280.9
1.00.941.00.980.940.93-0.920.630.910.9-0.450.820.46-0.320.940.760.950.930.87-0.85-0.340.88
0.910.830.920.920.870.82-0.850.670.80.9-0.560.710.25-0.330.80.670.830.80.74-0.73-0.40.68
-0.45-0.54-0.44-0.49-0.35-0.560.55-0.85-0.53-0.45-0.56-0.63-0.570.41-0.56-0.52-0.57-0.55-0.490.670.65-0.42
0.820.850.810.830.670.85-0.850.820.720.820.71-0.630.78-0.430.920.850.930.920.9-0.85-0.50.77
0.460.60.40.420.260.61-0.450.780.40.460.25-0.570.78-0.470.650.70.640.650.62-0.64-0.490.54
-0.32-0.37-0.3-0.31-0.24-0.380.25-0.57-0.21-0.32-0.330.41-0.43-0.47-0.4-0.74-0.47-0.44-0.460.360.94-0.15
0.930.880.920.930.80.88-0.870.730.870.940.8-0.560.920.65-0.40.880.991.00.97-0.96-0.460.94
0.760.750.730.770.620.76-0.650.780.60.760.67-0.520.850.7-0.740.880.880.890.93-0.83-0.740.7
0.950.920.940.940.840.91-0.910.740.880.950.83-0.570.930.64-0.470.990.880.990.95-0.93-0.510.89
0.930.880.920.930.80.88-0.860.730.860.930.8-0.550.920.65-0.441.00.890.990.97-0.96-0.490.93
0.870.820.850.890.750.82-0.790.690.740.870.74-0.490.90.62-0.460.970.930.950.97-0.92-0.510.87
-0.84-0.79-0.82-0.85-0.7-0.790.79-0.73-0.85-0.85-0.730.67-0.85-0.640.36-0.96-0.83-0.93-0.96-0.920.49-0.93
-0.33-0.41-0.32-0.37-0.27-0.430.35-0.67-0.28-0.34-0.40.65-0.5-0.490.94-0.46-0.74-0.51-0.49-0.510.49-0.2
0.880.770.860.840.740.76-0.790.540.90.880.68-0.420.770.54-0.150.940.70.890.930.87-0.93-0.2
Click cells to compare fundamentals

Erste Group Account Relationship Matchups

Erste Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets220.7B236.8B245.7B277.4B319.0B261.5B
Short Long Term Debt Total25.1B29.7B30.9B31.2B35.9B31.7B
Total Stockholder Equity13.9B14.4B15.6B17.3B19.9B16.2B
Retained Earnings13.1B13.2B14.9B14.8B17.0B14.0B
Other Assets183.9B187.7B200.9B220.2B253.2B151.3B
Long Term Debt25.1B29.7B30.4B30.7B35.3B31.5B
Other Stockholder Equity187.4M3.3B2.2B2.2B2.6B2.7B
Total Liab206.8B222.4B230.1B260.1B299.1B245.3B
Intangible Assets811.6M795.1M821.3M814.9M937.1M863.1M
Property Plant Equipment2.6B2.6B2.7B2.7B3.1B2.8B
Earning Assets45.8B47.5B48.3B50.8B58.4B53.6B
Other Current Liab1.9B2.0B2.9B1.0B927.6M1.6B
Total Current Liabilities195.0B225.0B253.6B256.8B295.3B246.5B
Other Liab3.6B3.7B4.0B5.2B5.9B4.4B
Net Tangible Assets14.3B16.0B16.6B18.0B20.7B17.1B
Accounts Payable183.4B213.6B240.8B252.8B290.7B235.0B
Net Receivables1.5B1.5B2.3B2.5B2.9B2.0B
Other Current Assets3.7B5.0B6.9B261.6M235.4M223.7M
Total Current Assets18.7B44.4B54.7B46.3B53.2B41.6B

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