Fedbank Income Before Tax vs Depreciation And Amortization Analysis

FEDFINA Stock   95.29  0.28  0.29%   
Fedbank Financial financial indicator trend analysis is much more than just examining Fedbank Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fedbank Financial is a good investment. Please check the relationship between Fedbank Financial Income Before Tax and its Depreciation And Amortization accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fedbank Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Income Before Tax vs Depreciation And Amortization

Income Before Tax vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fedbank Financial Income Before Tax account and Depreciation And Amortization. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fedbank Financial's Income Before Tax and Depreciation And Amortization is 0.79. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Fedbank Financial Services, assuming nothing else is changed. The correlation between historical values of Fedbank Financial's Income Before Tax and Depreciation And Amortization 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 Fedbank Financial Services are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Income Before Tax i.e., Fedbank Financial's Income Before Tax and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Fedbank Financial income statement and is an important metric when analyzing Fedbank Financial 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.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Fedbank Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fedbank Financial 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 Fedbank Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
The current year's Selling General Administrative is expected to grow to about 3.9 B, whereas Tax Provision is forecasted to decline to about 417.6 M.
 2022 2023 2024 2025 (projected)
Total Revenue11.9B8.8B10.2B7.9B
Depreciation And Amortization4.7B373.5M429.5M408.0M

Fedbank Financial fundamental ratios Correlations

0.990.540.45-0.060.690.990.270.410.990.96-0.680.260.97-0.250.81-0.110.810.810.00.990.760.741.00.950.87
0.990.550.47-0.190.61.00.150.360.990.99-0.60.190.94-0.350.75-0.160.750.76-0.021.00.720.710.980.950.83
0.540.550.34-0.150.40.550.120.020.50.54-0.280.440.560.110.460.60.310.290.740.550.46-0.040.520.60.54
0.450.470.34-0.20.10.48-0.1-0.180.40.38-0.58-0.290.5-0.240.35-0.230.310.25-0.170.470.760.350.470.410.56
-0.06-0.19-0.15-0.20.61-0.20.910.36-0.07-0.29-0.480.530.120.870.450.460.410.280.18-0.180.260.14-0.01-0.090.24
0.690.60.40.10.610.580.780.680.680.53-0.70.710.770.460.960.390.910.830.230.610.720.640.710.70.84
0.991.00.550.48-0.20.580.140.330.990.99-0.60.170.94-0.370.73-0.170.740.76-0.011.00.710.710.980.940.83
0.270.150.12-0.10.910.780.140.40.270.04-0.670.620.450.770.650.480.580.450.310.160.420.250.320.210.46
0.410.360.02-0.180.360.680.330.40.390.34-0.230.750.380.280.580.130.530.43-0.220.370.350.480.40.570.41
0.990.990.50.4-0.070.680.990.270.390.97-0.650.220.96-0.280.8-0.140.820.84-0.010.990.720.770.990.930.86
0.960.990.540.38-0.290.530.990.040.340.97-0.480.150.88-0.450.67-0.20.70.74-0.020.990.620.690.950.930.77
-0.68-0.6-0.28-0.58-0.48-0.7-0.6-0.67-0.23-0.65-0.48-0.2-0.81-0.24-0.78-0.03-0.77-0.650.01-0.61-0.85-0.61-0.72-0.58-0.8
0.260.190.44-0.290.530.710.170.620.750.220.15-0.20.310.680.550.740.390.260.450.20.260.030.260.420.34
0.970.940.560.50.120.770.940.450.380.960.88-0.810.31-0.070.880.010.860.820.090.940.840.710.980.90.92
-0.25-0.350.11-0.240.870.46-0.370.770.28-0.28-0.45-0.240.68-0.070.280.790.14-0.020.49-0.350.12-0.25-0.22-0.180.07
0.810.750.460.350.450.960.730.650.580.80.67-0.780.550.880.280.240.970.90.150.750.870.750.830.80.96
-0.11-0.160.6-0.230.460.39-0.170.480.13-0.14-0.2-0.030.740.010.790.240.07-0.030.87-0.160.07-0.42-0.10.010.12
0.810.750.310.310.410.910.740.580.530.820.7-0.770.390.860.140.970.070.970.010.750.820.870.830.770.94
0.810.760.290.250.280.830.760.450.430.840.74-0.650.260.82-0.020.9-0.030.970.010.770.720.890.820.740.89
0.0-0.020.74-0.170.180.23-0.010.31-0.22-0.01-0.020.010.450.090.490.150.870.010.01-0.02-0.01-0.440.00.020.11
0.991.00.550.47-0.180.611.00.160.370.990.99-0.610.20.94-0.350.75-0.160.750.77-0.020.720.710.980.950.83
0.760.720.460.760.260.720.710.420.350.720.62-0.850.260.840.120.870.070.820.72-0.010.720.690.780.750.94
0.740.71-0.040.350.140.640.710.250.480.770.69-0.610.030.71-0.250.75-0.420.870.89-0.440.710.690.750.680.77
1.00.980.520.47-0.010.710.980.320.40.990.95-0.720.260.98-0.220.83-0.10.830.820.00.980.780.750.940.89
0.950.950.60.41-0.090.70.940.210.570.930.93-0.580.420.9-0.180.80.010.770.740.020.950.750.680.940.85
0.870.830.540.560.240.840.830.460.410.860.77-0.80.340.920.070.960.120.940.890.110.830.940.770.890.85
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Fedbank Financial Account Relationship Matchups

Fedbank Financial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets15.7B19.2B26.4B111.4B128.1B134.5B
Short Long Term Debt Total374.8M286.3M416.6M83.4B95.9B100.7B
Other Current Liab(15.7B)21.4B(26.7B)5.2B6.0B6.3B
Total Current Liabilities17.5B21.7B30.8B36.8B42.3B24.5B
Total Stockholder Equity54.7B65.6B90.7B22.6B26.0B24.7B
Property Plant And Equipment Net1.3B1.5B1.4B1.4B1.6B1.3B
Net Debt(4.9B)(373.3M)(523M)81.8B94.1B98.8B
Retained Earnings8.3B11.5B13.6B5.7B6.6B9.3B
Cash5.3B659.6M939.6M1.9B2.1B1.9B
Non Current Assets Total23.5B29.0B42.2B109.5B126.0B132.2B
Non Currrent Assets Other(31.1B)(32.3B)(50.1B)108.0B124.2B130.5B
Other Assets(39.0B)(46.3B)(64.3B)(56.9B)(51.3B)(53.8B)
Cash And Short Term Investments6.8B6.6B946.2M1.9B2.1B3.4B
Net Receivables90.5M177M216.7M345.2M397.0M416.8M
Good Will203.8M315M218.3M21.9M25.2M23.9M
Common Stock Shares Outstanding282.6M312.3M322.1M343.6M395.1M313.6M
Short Term Investments1.5B5.9B6.6M184.9M212.6M202.0M
Liabilities And Stockholders Equity44.5B51.5B72.7B111.4B128.1B134.5B
Non Current Liabilities Total28.8B32.3B46.4B52.0B59.8B38.5B
Other Current Assets23.9B29.8B40.2B48.5B55.8B37.5B
Other Stockholder Equity3.4B59.3B5.2B12.4B14.3B20.7B
Total Liab2.9B3.2B3.2B88.8B102.1B107.2B
Total Current Assets31.2B36.5B48.5B58.8B67.6B36.4B
Accumulated Other Comprehensive Income8.3B11.5B13.6B792.4M911.3M865.7M
Short Term Debt15.7B215.7M26.4B31.5B36.2B19.2B
Common Stock508.7M762.4M1.3B3.7B4.2B4.5B
Inventory(30.4B)(35.8B)(43.4B)(13.1B)(15.0B)(15.8B)
Intangible Assets23.1M30.6M32.0M41.2M47.4M32.3M

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Other Information on Investing in Fedbank Stock

Balance Sheet is a snapshot of the financial position of Fedbank Financial at a specified time, usually calculated after every quarter, six months, or one year. Fedbank Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fedbank Financial 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 Fedbank currently owns. An asset can also be divided into two categories, current and non-current.