DCBBANK Stock | | | 123.04 3.10 2.58% |
DCB Bank financial indicator trend analysis is much more than just examining DCB Bank Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DCB Bank Limited is a good investment. Please check the relationship between DCB Bank Income Before Tax and its Ebit accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DCB 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.
Income Before Tax vs Ebit
Income Before Tax vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DCB Bank Limited Income Before Tax account and
Ebit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between DCB Bank's Income Before Tax and Ebit is 0.16. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Ebit in the same time period over historical financial statements of DCB Bank Limited, assuming nothing else is changed. The correlation between historical values of DCB Bank's Income Before Tax and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of DCB Bank Limited are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Income Before Tax i.e., DCB Bank's Income Before Tax and Ebit go up and down completely randomly.
Correlation Coefficient | 0.16 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on DCB Bank income statement and is an important metric when analyzing DCB Bank 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.
Ebit
Most indicators from DCB Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DCB 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DCB 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.
The value of
Selling General Administrative is expected to slide to about 118.2
M. The value of
Tax Provision is estimated to slide to about 1.5
BDCB Bank fundamental ratios Correlations
Click cells to compare fundamentals
DCB Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DCB Bank fundamental ratios Accounts
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Other Information on Investing in DCB Stock
Balance Sheet is a snapshot of the
financial position of DCB Bank Limited at a specified time, usually calculated after every quarter, six months, or one year. DCB Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DCB 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 DCB currently owns. An asset can also be divided into two categories, current and non-current.