BAJFINANCE | | | 6,618 67.45 1.01% |
Bajaj Finance financial indicator trend analysis is way more than just evaluating Bajaj Finance Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bajaj Finance Limited is a good investment. Please check the relationship between Bajaj Finance Issuance Of Capital Stock and its Stock Based Compensation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bajaj Finance Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Issuance Of Capital Stock vs Stock Based Compensation
Issuance Of Capital Stock vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bajaj Finance Limited Issuance Of Capital Stock account and
Stock Based Compensation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bajaj Finance's Issuance Of Capital Stock and Stock Based Compensation is 0.56. Overlapping area represents the amount of variation of Issuance Of Capital Stock that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Bajaj Finance Limited, assuming nothing else is changed. The correlation between historical values of Bajaj Finance's Issuance Of Capital Stock and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Issuance Of Capital Stock of Bajaj Finance Limited are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Issuance Of Capital Stock i.e., Bajaj Finance's Issuance Of Capital Stock and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.56 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Issuance Of Capital Stock
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Most indicators from Bajaj Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bajaj Finance Limited 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 Bajaj Finance Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At present, Bajaj Finance's
Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 98.3
B, whereas
Tax Provision is forecasted to decline to about 24.7
B.
Bajaj Finance fundamental ratios Correlations
Click cells to compare fundamentals
Bajaj Finance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bajaj Finance fundamental ratios Accounts
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Other Information on Investing in Bajaj Stock
Balance Sheet is a snapshot of the
financial position of Bajaj Finance Limited at a specified time, usually calculated after every quarter, six months, or one year. Bajaj Finance Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bajaj Finance 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 Bajaj currently owns. An asset can also be divided into two categories, current and non-current.