ICICI Historical Balance Sheet
| IBN Stock | USD 31.01 0.18 0.58% |
Trend analysis of ICICI Bank Limited balance sheet accounts such as Total Current Liabilities of 1 T or Total Stockholder Equity of 2.7 T provides information on ICICI Bank's total assets, liabilities, and equity, which is the actual value of ICICI Bank Limited to its prevalent stockholders. By breaking down trends over time using ICICI Bank balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining ICICI Bank Limited latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ICICI Bank Limited is a good buy for the upcoming year.
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About ICICI Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of ICICI Bank Limited at a specified time, usually calculated after every quarter, six months, or one year. ICICI Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ICICI 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 ICICI currently owns. An asset can also be divided into two categories, current and non-current.
ICICI Bank Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of ICICI 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 ICICI 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.Total Current Liabilities
Total Current Liabilities is an item on ICICI Bank balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ICICI Bank Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most accounts from ICICI Bank's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into ICICI Bank Limited current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 ICICI 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 bureau of labor statistics. At this time, ICICI Bank's Retained Earnings are very stable compared to the past year. As of the 26th of November 2024, Cash is likely to grow to about 2 T, while Short and Long Term Debt Total is likely to drop about 1.3 T.
| 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.0T | 2.0T | 1.3T | Total Assets | 17.5T | 23.6T | 24.8T |
ICICI Bank balance sheet Correlations
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ICICI Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with ICICI Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ICICI Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ICICI Bank will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to ICICI Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICICI Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ICICI Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ICICI Bank Limited to buy it.
The correlation of ICICI Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ICICI Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICICI Bank Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ICICI Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICICI 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 bureau of labor statistics. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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 ICICI Bank. If investors know ICICI 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 ICICI 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 0.182 | Earnings Share 1.57 | Revenue Per Share 466.492 | Quarterly Revenue Growth 0.274 | Return On Assets 0.0216 |
The market value of ICICI Bank Limited is measured differently than its book value, which is the value of ICICI that is recorded on the company's balance sheet. Investors also form their own opinion of ICICI Bank's value that differs from its market value or its book value, called intrinsic value, which is ICICI 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 ICICI Bank's market value can be influenced by many factors that don't directly affect ICICI 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 ICICI Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICICI Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICICI 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.