BHARTIARTL | | | 1,569 44.15 2.89% |
Bharti Airtel financial indicator trend analysis is way more than just evaluating Bharti Airtel Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bharti Airtel Limited is a good investment. Please check the relationship between Bharti Airtel Depreciation And Amortization and its Income Before Tax accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bharti Airtel 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 estimate.
Depreciation And Amortization vs Income Before Tax
Depreciation And Amortization vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bharti Airtel Limited Depreciation And Amortization account and
Income Before Tax. At this time, the significance of the direction appears to have no relationship.
The correlation between Bharti Airtel's Depreciation And Amortization and Income Before Tax is 0.08. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Bharti Airtel Limited, assuming nothing else is changed. The correlation between historical values of Bharti Airtel's Depreciation And Amortization and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Bharti Airtel Limited are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Depreciation And Amortization i.e., Bharti Airtel's Depreciation And Amortization and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Bharti Airtel income statement and is an important metric when analyzing Bharti Airtel Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Bharti Airtel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bharti Airtel 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 Bharti Airtel 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 estimate.
At present, Bharti Airtel's
Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's
Discontinued Operations is expected to grow to about 133.5
B, whereas
Selling General Administrative is forecasted to decline to about 52
B.
| 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 132.5B | 193.0B | 189.6B | 199.1B | Depreciation And Amortization | 330.9B | 364.3B | 395.4B | 415.1B |
Bharti Airtel fundamental ratios Correlations
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Bharti Airtel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bharti Airtel fundamental ratios Accounts
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Other Information on Investing in Bharti Stock
Balance Sheet is a snapshot of the
financial position of Bharti Airtel Limited at a specified time, usually calculated after every quarter, six months, or one year. Bharti Airtel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bharti Airtel 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 Bharti currently owns. An asset can also be divided into two categories, current and non-current.