DCB Net Tangible Assets vs Accounts Payable Analysis

DCBBANK Stock   123.92  2.57  2.12%   
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 Net Tangible Assets and its Accounts Payable 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.

Net Tangible Assets vs Accounts Payable

Net Tangible Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DCB Bank Limited Net Tangible Assets account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between DCB Bank's Net Tangible Assets and Accounts Payable is 0.98. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable 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 Net Tangible Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of DCB Bank Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Tangible Assets i.e., DCB Bank's Net Tangible Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Accounts Payable

An accounting item on the balance sheet that represents DCB Bank obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of DCB Bank Limited are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 B
 2021 2022 2023 2024 (projected)
Interest Expense21.6B24.8B34.3B36.1B
Depreciation And Amortization637.1M770.1M944.4M991.6M

DCB Bank fundamental ratios Correlations

0.950.990.98-0.410.70.670.720.210.670.610.451.00.730.561.00.680.710.90.670.720.860.90.86-0.560.84
0.950.970.94-0.20.790.50.570.370.60.640.360.950.60.60.960.530.560.890.620.570.880.910.94-0.680.9
0.990.970.98-0.320.750.60.650.30.650.670.420.990.680.630.990.60.640.910.660.650.880.920.89-0.620.87
0.980.940.98-0.280.720.560.610.330.580.640.420.980.620.590.970.570.60.890.710.620.860.910.87-0.630.84
-0.41-0.2-0.32-0.280.02-0.91-0.880.75-0.570.09-0.45-0.42-0.840.1-0.38-0.9-0.89-0.22-0.1-0.88-0.12-0.16-0.05-0.35-0.09
0.70.790.750.720.020.110.170.610.560.710.010.70.340.660.70.130.160.830.490.180.750.840.88-0.80.95
0.670.50.60.56-0.910.110.99-0.580.650.120.640.680.930.110.640.990.990.460.30.990.390.410.320.160.28
0.720.570.650.61-0.880.170.99-0.520.640.130.590.730.930.120.70.991.00.510.351.00.450.480.40.090.35
0.210.370.30.330.750.61-0.58-0.52-0.150.5-0.350.2-0.440.460.24-0.56-0.530.370.36-0.510.430.450.52-0.830.54
0.670.60.650.58-0.570.560.650.64-0.150.530.370.670.870.490.610.610.630.66-0.010.640.410.520.5-0.070.57
0.610.640.670.640.090.710.120.130.50.530.290.60.320.980.580.080.120.690.310.130.670.660.63-0.540.65
0.450.360.420.42-0.450.010.640.59-0.350.370.290.450.570.290.420.570.580.270.270.590.370.280.170.040.13
1.00.950.990.98-0.420.70.680.730.20.670.60.450.740.561.00.690.710.90.670.730.860.90.86-0.550.84
0.730.60.680.62-0.840.340.930.93-0.440.870.320.570.740.30.690.910.920.590.180.930.430.50.430.070.44
0.560.60.630.590.10.660.110.120.460.490.980.290.560.30.530.070.110.630.290.120.610.60.58-0.50.59
1.00.960.990.97-0.380.70.640.70.240.610.580.421.00.690.530.660.690.90.70.70.880.920.88-0.590.84
0.680.530.60.57-0.90.130.990.99-0.560.610.080.570.690.910.070.661.00.460.351.00.390.430.350.130.3
0.710.560.640.6-0.890.160.991.0-0.530.630.120.580.710.920.110.691.00.50.351.00.430.460.380.10.33
0.90.890.910.89-0.220.830.460.510.370.660.690.270.90.590.630.90.460.50.610.510.890.980.95-0.60.9
0.670.620.660.71-0.10.490.30.350.36-0.010.310.270.670.180.290.70.350.350.610.360.730.740.67-0.660.61
0.720.570.650.62-0.880.180.991.0-0.510.640.130.590.730.930.120.71.01.00.510.360.440.480.40.080.35
0.860.880.880.86-0.120.750.390.450.430.410.670.370.860.430.610.880.390.430.890.730.440.940.91-0.730.87
0.90.910.920.91-0.160.840.410.480.450.520.660.280.90.50.60.920.430.460.980.740.480.940.97-0.710.92
0.860.940.890.87-0.050.880.320.40.520.50.630.170.860.430.580.880.350.380.950.670.40.910.97-0.750.94
-0.56-0.68-0.62-0.63-0.35-0.80.160.09-0.83-0.07-0.540.04-0.550.07-0.5-0.590.130.1-0.6-0.660.08-0.73-0.71-0.75-0.81
0.840.90.870.84-0.090.950.280.350.540.570.650.130.840.440.590.840.30.330.90.610.350.870.920.94-0.81
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DCB Bank Account Relationship Matchups

DCB Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets385.1B396.0B448.4B523.7B630.4B661.9B
Short Long Term Debt Total42.0B63.9B58.1B54.5B62.2B65.3B
Total Stockholder Equity34.2B37.6B40.5B45.7B50.7B53.2B
Property Plant And Equipment Net5.5B5.7B6.6B8.3B8.0B8.4B
Net Debt1.3B18.2B5.8B17.5B(30.7B)(29.1B)
Cash35.5B30.4B40.9B23.7B30.7B17.1B
Non Current Assets Total5.5B5.7B6.6B8.3B626.5B657.8B
Non Currrent Assets Other(5.5B)(5.7B)(6.6B)(8.3B)620.6B651.6B
Other Assets352.2B369.8B430.0B510.2B(64.6B)(61.4B)
Cash And Short Term Investments27.4B20.5B11.8B5.2B30.7B32.2B
Common Stock Shares Outstanding314.5M313.7M312.8M314.7M315.4M262.9M
Liabilities And Stockholders Equity385.1B396.0B448.4B523.7B630.4B661.9B
Other Stockholder Equity(16.2B)13.7B13.7B13.7B30.8B32.4B
Total Liab350.8B358.4B407.9B478.0B579.7B608.6B
Total Current Assets27.4B20.5B11.8B5.2B68.5B71.9B
Common Stock3.1B3.1B3.1B3.1B3.1B2.6B
Retained Earnings7.6B9.4B11.1B13.8B16.8B17.6B
Accumulated Other Comprehensive Income(3.4B)11.4B12.6B15.0B34.1M32.4M
Other Current Liab(4.4B)(4.2B)(3.8B)(4.6B)159.3B167.2B
Total Current Liabilities4.4B4.2B3.8B4.6B165.4B173.7B
Accounts Payable4.4B4.2B3.8B4.6B6.2B3.6B
Net Receivables2.5B3.2B10.2B12.9B9.8B5.4B
Non Current Liabilities Total26.2B26.2B23.5B27.8B414.9B435.7B
Other Liab5.6B7.6B9.5B8.9B10.3B6.6B
Net Tangible Assets34.0B37.1B40.0B45.1B51.8B31.0B
Long Term Debt34.1B44.8B40.8B41.2B47.4B26.5B
Other Current Assets37.4B32.4B47.1B30.7B37.8B27.7B
Long Term Investments77.4B84.1B91.0B125.8B162.1B84.9B
Short Term Debt7.9B19.1B17.3B13.3B31.0B32.5B
Intangible Assets262.8M507.1M485.1M581M634.3M323.2M
Property Plant Equipment5.2B5.2B6.1B8.3B9.5B5.1B
Current Deferred Revenue(3.5B)(14.8B)(13.5B)(8.7B)(6.2B)(6.5B)
Long Term Debt Total34.1B44.8B40.8B41.2B47.4B31.9B
Capital Surpluse13.7B13.7B13.7B13.7B15.8B14.0B
Inventory(39.9B)(35.7B)(57.2B)(43.6B)20.8B21.9B
Earning Assets74.1B92.9B101.6B84.1B96.8B84.0B
Net Invested Capital71.0B82.4B81.3B86.8B112.9B86.7B
Capital Stock3.1B3.1B3.1B3.1B3.1B3.4B

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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.