Bharti Depreciation And Amortization vs Income Tax Expense Analysis

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 Tax Expense 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 Tax Expense

Depreciation And Amortization vs Income Tax Expense 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 Tax Expense. At this time, the significance of the direction appears to have no relationship.
The correlation between Bharti Airtel's Depreciation And Amortization and Income Tax Expense is 0.08. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Income Tax Expense 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 Tax Expense 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 Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Depreciation And Amortization i.e., Bharti Airtel's Depreciation And Amortization and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

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 Tax Expense

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 Expense132.5B193.0B189.6B199.1B
Depreciation And Amortization330.9B364.3B395.4B415.1B

Bharti Airtel fundamental ratios Correlations

0.990.70.980.730.980.990.770.841.00.770.640.050.160.580.980.80.770.061.00.790.910.84-0.40.690.41
0.990.720.950.670.981.00.780.810.990.780.59-0.050.090.60.990.810.820.090.990.740.920.83-0.440.630.35
0.70.720.640.320.760.720.290.590.710.650.33-0.530.080.620.760.860.87-0.040.730.420.520.67-0.470.230.14
0.980.950.640.730.950.940.750.890.970.750.670.150.160.550.920.770.72-0.020.970.840.860.84-0.410.770.44
0.730.670.320.730.630.680.770.50.730.420.530.450.620.080.630.330.290.330.680.730.720.560.120.860.45
0.980.980.760.950.630.980.720.860.980.80.56-0.070.090.660.980.860.840.00.980.730.880.82-0.450.60.31
0.991.00.720.940.680.980.790.780.990.760.59-0.060.10.580.990.80.820.110.990.730.930.83-0.430.620.36
0.770.780.290.750.770.720.790.530.780.460.480.140.170.150.740.470.560.280.760.690.870.68-0.240.750.31
0.840.810.590.890.50.860.780.530.820.790.470.09-0.050.710.780.720.64-0.20.840.680.690.71-0.420.610.16
1.00.990.710.970.730.980.990.780.820.780.590.020.160.590.980.80.790.120.990.750.930.82-0.370.680.36
0.770.780.650.750.420.80.760.460.790.780.11-0.02-0.070.760.780.730.620.250.780.40.710.49-0.190.44-0.08
0.640.590.330.670.530.560.590.480.470.590.110.160.21-0.020.580.420.41-0.390.630.890.430.8-0.570.530.91
0.05-0.05-0.530.150.45-0.07-0.060.140.090.02-0.020.160.38-0.16-0.12-0.4-0.560.14-0.010.220.12-0.180.540.470.22
0.160.090.080.160.620.090.10.17-0.050.16-0.070.210.38-0.20.05-0.02-0.110.290.10.20.110.010.50.440.32
0.580.60.620.550.080.660.580.150.710.590.76-0.02-0.16-0.20.60.620.59-0.040.590.080.550.26-0.180.12-0.31
0.980.990.760.920.630.980.990.740.780.980.780.58-0.120.050.60.830.850.060.990.720.90.84-0.480.550.36
0.80.810.860.770.330.860.80.470.720.80.730.42-0.4-0.020.620.830.92-0.130.820.550.620.78-0.620.360.22
0.770.820.870.720.290.840.820.560.640.790.620.41-0.56-0.110.590.850.92-0.10.810.50.680.79-0.680.30.16
0.060.09-0.04-0.020.330.00.110.28-0.20.120.25-0.390.140.29-0.040.06-0.13-0.10.03-0.240.27-0.290.60.27-0.26
1.00.990.730.970.680.980.990.760.840.990.780.63-0.010.10.590.990.820.810.030.780.90.86-0.460.650.4
0.790.740.420.840.730.730.730.690.680.750.40.890.220.20.080.720.550.5-0.240.780.610.91-0.520.730.75
0.910.920.520.860.720.880.930.870.690.930.710.430.120.110.550.90.620.680.270.90.610.66-0.20.650.19
0.840.830.670.840.560.820.830.680.710.820.490.8-0.180.010.260.840.780.79-0.290.860.910.66-0.750.550.61
-0.4-0.44-0.47-0.410.12-0.45-0.43-0.24-0.42-0.37-0.19-0.570.540.5-0.18-0.48-0.62-0.680.6-0.46-0.52-0.2-0.75-0.01-0.41
0.690.630.230.770.860.60.620.750.610.680.440.530.470.440.120.550.360.30.270.650.730.650.55-0.010.42
0.410.350.140.440.450.310.360.310.160.36-0.080.910.220.32-0.310.360.220.16-0.260.40.750.190.61-0.410.42
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Bharti Airtel Account Relationship Matchups

Bharti Airtel fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6T3.5T3.6T4.5T4.4T4.7T
Short Long Term Debt Total1.5T1.6T1.7T2.3T2.2T2.3T
Other Current Liab4.1B439.3B439.5B551.5B608.0B638.4B
Total Current Liabilities1.3T1.1T1.1T1.2T1.4T1.5T
Total Stockholder Equity771.4B589.5B665.5B775.6B820.2B549.6B
Property Plant And Equipment Net1.2T1.2T1.3T1.6T1.7T1.8T
Net Debt1.3T1.5T1.6T2.2T2.0T2.1T
Accounts Payable250.2B278.7B292.7B328.9B351.3B211.5B
Cash135.5B80.9B61.0B71.8B163.4B171.6B
Non Current Assets Total2.8T2.9T3.1T3.9T3.9T4.1T
Non Currrent Assets Other118.7B185.1B131.8B151.1B347.1B364.5B
Cash And Short Term Investments464.3B317.4B282.8B402.1B109.8B127.2B
Net Receivables299.5B51.3B59.6B63.3B74.0B110.6B
Good Will346.2B329.1B338.3B337.7B265.0B255.3B
Liabilities And Stockholders Equity3.6T3.5T3.6T4.5T4.4T4.7T
Non Current Liabilities Total1.3T1.5T1.6T2.2T2.0T2.1T
Inventory1.6B2.7B3.8B2.6B3.6B3.8B
Other Current Assets1.1B353.1B365.0B380.7B395.3B415.1B
Other Stockholder Equity(162.9B)528.5B580.2B638.8B684.9B566.4B
Total Liab2.6T2.6T2.7T3.4T3.4T3.6T
Total Current Assets766.4B547.5B520.3B575.0B582.8B298.5B
Accumulated Other Comprehensive Income(1.1T)78.0B58.8B44.0B(8.2B)(8.6B)
Intangible Assets812.6B773.2B891.7B1.3T1.2T1.3T
Common Stock27.3B27.5B28.0B28.4B28.8B23.7B
Retained Earnings112.4B(44.4B)(1.4B)64.5B114.7B203.2B
Short Term Debt327.8B271.2B270.9B236.2B307.0B232.5B
Current Deferred Revenue732.8B565.9B576.0B603.3B87.3B82.9B
Short Term Investments328.8B236.6B221.8B330.3B40.7B38.7B
Other Liab117.1B175.0B133.3B158.3B182.0B112.2B
Net Tangible Assets(387.3B)(512.7B)(564.4B)(883.6B)(795.2B)(755.4B)
Other Assets388.9B385.3B331.0B236.8B272.3B265.0B
Long Term Debt910.8B1.1T1.1T1.5T1.8T1.1T
Short Long Term Debt265.4B271.2B193.8B139.8B307.0B213.4B
Property Plant Equipment1.2T1.2T1.3T1.6T1.9T1.0T
Long Term Debt Total1.2T1.4T1.4T2.0T2.3T1.3T
Capital Surpluse508.3B530.0B581.8B640.5B736.6B378.7B
Capital Lease Obligations306.2B330.0B367.6B604.8B636.8B668.6B
Non Current Liabilities Other33.4B36.5B1.4B1.0B41.1B43.1B
Cash And Equivalents119.5B37.3B29.7B42.2B48.5B50.7B

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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.