Axis Pb Ratio vs Capex To Revenue Analysis
AXB Stock | USD 67.00 0.20 0.30% |
Axis Bank financial indicator trend analysis is way more than just evaluating Axis Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axis Bank is a good investment. Please check the relationship between Axis Bank Pb Ratio and its Capex To Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. 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.
Pb Ratio vs Capex To Revenue
Pb Ratio vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axis Bank Pb Ratio account and Capex To Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Axis Bank's Pb Ratio and Capex To Revenue is 0.51. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Axis Bank Ltd, assuming nothing else is changed. The correlation between historical values of Axis Bank's Pb Ratio and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Axis Bank Ltd are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Pb Ratio i.e., Axis Bank's Pb Ratio and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Pb Ratio
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.Most indicators from Axis Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axis 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 Axis Bank Ltd. 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. Enterprise Value is expected to rise to about 3.9 T this year, although the value of Tax Provision will most likely fall to about 46.9 B.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 339.2B | 440.6B | 513.7B | 355.2B | Tax Provision | 47.7B | 77.7B | 87.5B | 46.9B |
Axis Bank fundamental ratios Correlations
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Axis Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axis Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3T | 10.1T | 12.0T | 13.4T | 15.2T | 11.8T | |
Other Current Liab | 37.9B | 36.9B | 70.3B | 85.0B | 97.7B | 61.4B | |
Total Current Liabilities | 6.5T | 7.1T | 8.3T | 9.5T | 10.9T | 7.6T | |
Total Stockholder Equity | 863.4B | 1.0T | 1.2T | 1.3T | 1.6T | 1.1T | |
Other Liab | 369.8B | 357.5B | 431.5B | 622.0B | 715.4B | 409.9B | |
Net Tangible Assets | 860.5B | 1.0T | 1.2T | 1.3T | 1.5T | 1.0T | |
Net Debt | 29.9B | 308.7B | 874.3B | 975.1B | 901.5B | 755.5B | |
Retained Earnings | 418.3B | 482.0B | 617.3B | 477.7B | 652.8B | 533.7B | |
Accounts Payable | 6.4T | 7.0T | 8.2T | 9.5T | 36.6B | 34.8B | |
Cash | 1.4T | 1.1T | 1.1T | 1.1T | 1.4T | 1.2T | |
Other Assets | 6.5T | 6.9T | 8.1T | 9.4T | 10.8T | 7.6T | |
Common Stock Shares Outstanding | 2.8B | 3.1B | 3.1B | 3.1B | 3.1B | 3.2B | |
Other Current Assets | 397.4B | 859.0B | 482.4B | 935.4B | 1.1T | 671.4B | |
Other Stockholder Equity | 27.8B | 35.1B | 43.7B | 1.3T | 1.5T | 1.6T | |
Total Liab | 8.4T | 9.1T | 10.8T | 12.1T | 13.6T | 10.7T | |
Net Invested Capital | 2.3T | 2.4T | 3.2T | 3.4T | 3.9T | 3.1T | |
Long Term Investments | 1.2T | 1.9T | 2.7T | 2.9T | 2.3T | 2.2T | |
Total Current Assets | 1.5T | 1.2T | 1.6T | 1.1T | 1.3T | 1.3T | |
Common Stock | 5.6B | 6.1B | 6.1B | 6.2B | 7.1B | 6.3B | |
Property Plant Equipment | 43.9B | 43.3B | 46.8B | 48.5B | 55.8B | 48.5B | |
Capital Stock | 5.6B | 6.1B | 6.1B | 6.2B | 6.2B | 6.5B |
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Balance Sheet is a snapshot of the financial position of Axis Bank at a specified time, usually calculated after every quarter, six months, or one year. Axis Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Axis Bank and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Axis currently owns. An asset can also be divided into two categories, current and non-current.