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 Total Current Liabilities and its Net Debt 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.
Total Current Liabilities vs Net Debt
Total Current Liabilities vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CSB Bank Limited Total Current Liabilities account and
Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CSB Bank's Total Current Liabilities and Net Debt is -0.21. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Net Debt 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 Total Current Liabilities and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of CSB Bank Limited are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Liabilities i.e., CSB Bank's Total Current Liabilities and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Liabilities
Total Current Liabilities is an item on CSB Bank balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CSB Bank Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
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
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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.