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 Other Assets and its Total Assets 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.
Other Assets vs Total Assets
Other Assets vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DCB Bank Limited Other Assets account and
Total Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between DCB Bank's Other Assets and Total Assets is 0.21. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Total Assets 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 Other Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of DCB Bank Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Other Assets i.e., DCB Bank's Other Assets and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Assets
Total Assets
Total assets refers to the total amount of DCB Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in DCB Bank Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.