HDFC Earning Assets vs Net Tangible Assets Analysis
HDB Stock | USD 64.50 0.92 1.45% |
HDFC Bank financial indicator trend analysis is much more than just examining HDFC Bank Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HDFC Bank Limited is a good investment. Please check the relationship between HDFC Bank Earning Assets and its Net Tangible Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HDFC 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 unemployment.
Earning Assets vs Net Tangible Assets
Earning Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HDFC Bank Limited Earning Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between HDFC Bank's Earning Assets and Net Tangible Assets is 0.87. Overlapping area represents the amount of variation of Earning Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of HDFC Bank Limited, assuming nothing else is changed. The correlation between historical values of HDFC Bank's Earning Assets and Net Tangible 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 Earning Assets of HDFC Bank Limited are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Earning Assets i.e., HDFC Bank's Earning Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Earning Assets
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.Most indicators from HDFC Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HDFC 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HDFC 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 unemployment. The current year's Selling General Administrative is expected to grow to about 1.1 T. The current year's Tax Provision is expected to grow to about 113.4 B
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.0T | 1.2T | 2.0T | 2.1T | Total Revenue | 1.0T | 1.2T | 2.5T | 2.7T |
HDFC Bank fundamental ratios Correlations
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HDFC Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HDFC Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.0T | 18.0T | 21.1T | 25.8T | 40.3T | 42.3T | |
Total Stockholder Equity | 1.9T | 2.2T | 2.5T | 2.9T | 4.6T | 4.8T | |
Other Liab | 546.9B | 776.5B | 685.8B | 777.4B | 894.0B | 938.7B | |
Retained Earnings | 713.3B | 897.9B | 1.2T | 1.4T | 2.9T | 3.1T | |
Accounts Payable | 259.3B | 346.0B | 365.7B | 437.3B | 502.9B | 528.0B | |
Cash | 726.7B | 1.0T | 1.6T | 2.4T | 2.3T | 2.4T | |
Other Assets | 7.5T | 7.9T | 10.2T | 12.9T | (11.7T) | (11.1T) | |
Long Term Debt | 1.0T | 1.8T | 1.6T | 2.6T | 7.3T | 7.7T | |
Total Liab | 14.1T | 15.8T | 18.6T | 22.8T | 35.6T | 37.4T | |
Common Stock | 5.5B | 5.5B | 5.5B | 5.6B | 7.6B | 4.7B | |
Property Plant Equipment | 46.3B | 51.0B | 62.8B | 82.8B | 95.2B | 100.0B | |
Short Long Term Debt Total | 1.5T | 1.5T | 2.2T | 3.7T | 7.3T | 7.7T | |
Other Current Liab | (636.7B) | (585.3B) | (919.8B) | (1.5T) | (1.4T) | (1.3T) | |
Total Current Liabilities | 636.7B | 585.3B | 919.8B | 1.5T | 238.5B | 410.6B | |
Property Plant And Equipment Net | 109.1B | 117.6B | 137.4B | 177.6B | 126.0B | 132.3B | |
Net Debt | 742.8B | 443.1B | 587.4B | 878.1B | 5.0T | 5.3T | |
Non Current Assets Total | 3.9T | 4.6T | 4.7T | 5.3T | 49.7T | 52.2T | |
Non Currrent Assets Other | (3.9T) | (4.6T) | (4.7T) | (5.3T) | (10.2T) | (9.7T) | |
Cash And Short Term Investments | 4.1T | 5.3T | 6.0T | 7.2T | 2.3T | 2.0T | |
Net Receivables | 405.5B | 204.4B | 230.5B | 330.8B | 380.4B | 399.4B | |
Common Stock Total Equity | 5.2B | 5.4B | 5.5B | 5.5B | 6.3B | 4.6B | |
Common Stock Shares Outstanding | 1.8B | 1.8B | 1.9B | 1.9B | 7.1B | 7.5B | |
Short Term Investments | 3.4T | 4.3T | 4.4T | 4.9T | 5.6T | 5.9T | |
Liabilities And Stockholders Equity | 16.0T | 18.0T | 21.1T | 25.8T | 40.3T | 42.3T | |
Non Current Liabilities Total | 1.1T | 1.2T | 1.6T | 2.2T | 35.4T | 37.2T | |
Other Stockholder Equity | 765.9B | 794.2B | 834.6B | 883.4B | 1.3T | 1.3T | |
Property Plant And Equipment Gross | 109.1B | 117.6B | 247.0B | 304.1B | 349.8B | 367.2B | |
Total Current Assets | 4.5T | 5.5T | 6.2T | 7.6T | 2.3T | 2.1T | |
Accumulated Other Comprehensive Income | 408.4B | 462.0B | 511.5B | 575.5B | 365.4B | 383.7B | |
Short Term Debt | 377.4B | 239.3B | 554.2B | 1.1T | 1.3T | 1.3T | |
Other Current Assets | 7.5T | 9.8B | 15.0B | 1.3T | 1.5T | 1.4T | |
Net Tangible Assets | 1.8T | 2.1T | 2.5T | 2.9T | 3.3T | 3.5T | |
Long Term Investments | 3.7T | 4.4T | 4.4T | 5.0T | 10.1T | 10.6T | |
Short Long Term Debt | 377.4B | 239.3B | 554.2B | 1.1T | 1.3T | 1.3T | |
Long Term Debt Total | 1.0T | 1.2T | 1.6T | 2.6T | 3.0T | 3.1T | |
Capital Surpluse | 765.9B | 794.2B | 834.6B | 665.4B | 765.2B | 674.5B | |
Capital Lease Obligations | 65.6B | 70.4B | 78.1B | 97.7B | 112.3B | 117.9B | |
Earning Assets | 3.2T | 3.0T | 4.0T | 4.6T | 5.3T | 3.3T |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether HDFC Bank Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HDFC Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hdfc Bank Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hdfc Bank Limited Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HDFC 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 unemployment. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HDFC Bank. If investors know HDFC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HDFC Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.39 | Earnings Share 3.14 | Revenue Per Share 217.953 | Quarterly Revenue Growth 0.63 | Return On Assets 0.0171 |
The market value of HDFC Bank Limited is measured differently than its book value, which is the value of HDFC that is recorded on the company's balance sheet. Investors also form their own opinion of HDFC Bank's value that differs from its market value or its book value, called intrinsic value, which is HDFC Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HDFC Bank's market value can be influenced by many factors that don't directly affect HDFC Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HDFC Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if HDFC Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HDFC Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.