IDBI Other Assets vs Common Stock Analysis

IDBI Stock   81.99  0.18  0.22%   
IDBI Bank financial indicator trend analysis is infinitely more than just investigating IDBI Bank Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDBI Bank Limited is a good investment. Please check the relationship between IDBI Bank Other Assets and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDBI 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 board of governors.

Other Assets vs Common Stock

Other Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDBI Bank Limited Other Assets account and Common Stock. At this time, the significance of the direction appears to have no relationship.
The correlation between IDBI Bank's Other Assets and Common Stock is 0.08. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of IDBI Bank Limited, assuming nothing else is changed. The correlation between historical values of IDBI Bank's Other Assets and Common Stock 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 IDBI Bank Limited are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Assets i.e., IDBI Bank's Other Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.08
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Assets

Common Stock

Most indicators from IDBI Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDBI 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 IDBI 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 board of governors.
Tax Provision is likely to gain to about 27.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 559.8 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses64.6B71.9B71.1B41.4B
Gross Profit132.7B160.4B181.4B91.5B

IDBI Bank fundamental ratios Correlations

0.350.67-0.020.510.410.10.110.990.10.340.160.5-0.170.19-0.140.51-0.44-0.090.340.550.45-0.390.040.750.15
0.350.28-0.140.33-0.01-0.8-0.660.230.910.91-0.690.75-0.810.410.58-0.060.160.01-0.1-0.16-0.340.440.630.390.86
0.670.28-0.030.510.14-0.10.120.660.150.34-0.030.43-0.340.210.010.63-0.29-0.160.490.620.17-0.040.110.60.13
-0.02-0.14-0.03-0.66-0.60.190.70.04-0.42-0.24-0.1-0.460.490.590.360.05-0.080.53-0.680.130.33-0.490.40.49-0.29
0.510.330.51-0.660.44-0.13-0.40.470.420.580.150.75-0.67-0.18-0.140.64-0.34-0.380.610.55-0.140.33-0.10.080.27
0.41-0.010.14-0.60.440.13-0.270.380.08-0.020.320.36-0.05-0.78-0.81-0.07-0.06-0.610.55-0.050.080.02-0.76-0.110.06
0.1-0.8-0.10.19-0.130.130.70.22-0.88-0.70.89-0.550.79-0.23-0.570.28-0.55-0.150.120.410.74-0.61-0.530.01-0.82
0.11-0.660.120.7-0.4-0.270.70.23-0.87-0.630.46-0.640.770.21-0.20.37-0.380.34-0.10.510.59-0.75-0.140.29-0.8
0.990.230.660.040.470.380.220.23-0.030.230.260.38-0.060.19-0.180.56-0.51-0.050.350.620.54-0.49-0.010.740.0
0.10.910.15-0.420.420.08-0.88-0.87-0.030.86-0.690.76-0.920.140.47-0.160.34-0.150.01-0.3-0.580.70.460.060.89
0.340.910.34-0.240.58-0.02-0.7-0.630.230.86-0.560.88-0.90.350.540.24-0.04-0.070.030.11-0.410.560.570.340.79
0.16-0.69-0.03-0.10.150.320.890.460.26-0.69-0.56-0.340.55-0.38-0.630.32-0.55-0.190.220.410.54-0.47-0.6-0.13-0.7
0.50.750.43-0.460.750.36-0.55-0.640.380.760.88-0.34-0.83-0.030.140.28-0.05-0.330.280.16-0.370.560.170.320.78
-0.17-0.81-0.340.49-0.67-0.050.790.77-0.06-0.92-0.90.55-0.83-0.15-0.45-0.19-0.150.14-0.18-0.030.6-0.7-0.43-0.06-0.77
0.190.410.210.59-0.18-0.78-0.230.210.190.140.35-0.38-0.03-0.150.860.25-0.140.62-0.420.260.15-0.220.920.560.13
-0.140.580.010.36-0.14-0.81-0.57-0.2-0.180.470.54-0.630.14-0.450.860.020.170.54-0.5-0.06-0.280.220.980.250.44
0.51-0.060.630.050.64-0.070.280.370.56-0.160.240.320.28-0.190.250.02-0.610.010.340.980.23-0.150.080.42-0.24
-0.440.16-0.29-0.08-0.34-0.06-0.55-0.38-0.510.34-0.04-0.55-0.05-0.15-0.140.17-0.610.1-0.18-0.68-0.450.260.07-0.380.38
-0.090.01-0.160.53-0.38-0.61-0.150.34-0.05-0.15-0.07-0.19-0.330.140.620.540.010.1-0.460.01-0.17-0.450.550.03-0.12
0.34-0.10.49-0.680.610.550.12-0.10.350.010.030.220.28-0.18-0.42-0.50.34-0.18-0.460.340.090.04-0.47-0.1-0.09
0.55-0.160.620.130.55-0.050.410.510.62-0.30.110.410.16-0.030.26-0.060.98-0.680.010.340.39-0.30.030.46-0.37
0.45-0.340.170.33-0.140.080.740.590.54-0.58-0.410.54-0.370.60.15-0.280.23-0.45-0.170.090.39-0.71-0.160.47-0.54
-0.390.44-0.04-0.490.330.02-0.61-0.75-0.490.70.56-0.470.56-0.7-0.220.22-0.150.26-0.450.04-0.3-0.710.11-0.290.64
0.040.630.110.4-0.1-0.76-0.53-0.14-0.010.460.57-0.60.17-0.430.920.980.080.070.55-0.470.03-0.160.110.40.43
0.750.390.60.490.08-0.110.010.290.740.060.34-0.130.32-0.060.560.250.42-0.380.03-0.10.460.47-0.290.40.2
0.150.860.13-0.290.270.06-0.82-0.80.00.890.79-0.70.78-0.770.130.44-0.240.38-0.12-0.09-0.37-0.540.640.430.2
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IDBI Bank Account Relationship Matchups

IDBI Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.0T3.0T3.0T3.3T3.6T2.7T
Total Stockholder Equity348.4B376.3B425.7B463.2B510.7B536.3B
Other Liab72.9B48.5B120.1B101.2B116.4B82.0B
Retained Earnings(454.1B)(451.6B)(434.0B)45.8B76.9B80.7B
Cash545.5B538.1B416.0B293.5B326.7B264.6B
Other Assets2.7T2.7T2.8T3.1T(190.8B)(181.3B)
Long Term Debt367.5B159.1B143.4B126.4B113.7B108.1B
Short Term Investments(324.5B)(284.2B)(313.7B)(141.5B)(127.4B)(121.0B)
Total Liab2.7T2.6T2.6T2.9T3.1T2.4T
Common Stock30.8B77.4B103.8B107.5B107.5B112.9B
Property Plant Equipment82.1B78.7B99.9B97.8B112.5B118.1B
Short Long Term Debt Total618.6B308.4B249.9B242.0B170.8B162.3B
Property Plant And Equipment Net82.1B78.7B99.9B97.8B95.4B57.1B
Net Debt(277.6B)(363.6B)(279.8B)(167.1B)(326.7B)(310.4B)
Non Current Assets Total82.1B78.7B99.9B97.8B3.5T3.7T
Non Currrent Assets Other(820.0B)(814.7B)(834.9B)(1.0T)2.3T2.4T
Cash And Short Term Investments221.0B253.9B102.4B152.0B326.7B227.0B
Common Stock Shares Outstanding5.0B8.9B10.5B10.8B9.7B6.7B
Liabilities And Stockholders Equity3.0T3.0T3.0T3.3T3.6T3.0T
Non Current Liabilities Total367.5B159.1B113.5B115.0B1.7T1.8T
Other Stockholder Equity243.7B507.3B507.2B53.2B53.2B50.6B
Total Current Assets221.0B253.9B102.4B152.0B328.7B256.4B
Accumulated Other Comprehensive Income(24.0B)213.0B245.0B256.7B273.1B286.8B
Accounts Payable7.1B5.0B4.0B5.1B7.5B8.2B
Other Current Liab(7.1B)(5.0B)(4.0B)(5.1B)(9.8B)(10.3B)
Total Current Liabilities7.1B5.0B4.0B5.1B1.3T1.4T
Net Receivables34.1B30.6B56.4B93.7B121.8B71.7B
Net Tangible Assets383.5B348.4B376.3B425.7B489.6B335.6B
Inventory(374.7B)(415.9B)(481.7B)(450.7B)(381.9B)(362.8B)
Other Current Assets340.6B385.4B425.3B356.9B328.7B295.2B
Long Term Investments820.0B814.7B834.8B1.0T1.2T787.4B
Short Term Debt251.1B149.4B106.4B115.6B117.7B111.9B
Long Term Debt Total367.5B159.1B143.4B126.4B113.7B108.1B
Capital Surpluse496.7B507.3B507.2B53.2B61.2B58.2B
Current Deferred Revenue(244.0B)(144.4B)(102.5B)(110.6B)(7.5B)(7.8B)
Earning Assets1.1T1.0T941.9B814.7B733.2B792.1B
Net Invested Capital616.3B535.4B569.2B589.6B681.6B515.0B

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