CSBBANK Stock | | | 306.35 3.30 1.09% |
CSB Bank financial indicator trend analysis is way more than just evaluating CSB Bank Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSB Bank Limited is a good investment. Please check the relationship between CSB Bank Depreciation and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CSB Bank 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 nation.
Depreciation vs Capital Expenditures
Depreciation vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CSB Bank Limited Depreciation account and
Capital Expenditures. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CSB Bank's Depreciation and Capital Expenditures is 0.97. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of CSB Bank Limited, assuming nothing else is changed. The correlation between historical values of CSB Bank's Depreciation and Capital Expenditures 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 of CSB Bank Limited are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., CSB Bank's Depreciation and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.97 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Depreciation
Depreciation indicates how much of CSB Bank Limited value has been used up. For tax purposes CSB Bank can deduct the cost of the tangible assets it purchases as business expenses. However, CSB Bank Limited must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Capital Expenditures
Capital Expenditures are funds used by CSB Bank Limited to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of CSB Bank operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from CSB Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSB Bank 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 CSB Bank 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 nation.
Selling General Administrative is expected to rise to about 61.4
M this year.
Tax Provision is expected to rise to about 2
B this year
CSB Bank fundamental ratios Correlations
Click cells to compare fundamentals
CSB Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CSB Bank fundamental ratios Accounts
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Other Information on Investing in CSB Stock
Balance Sheet is a snapshot of the
financial position of CSB Bank Limited at a specified time, usually calculated after every quarter, six months, or one year. CSB Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CSB 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 CSB currently owns. An asset can also be divided into two categories, current and non-current.