| IOB Stock | | | 50.31 0.50 1.00% |
Indian Overseas financial indicator trend analysis is infinitely more than just investigating Indian Overseas Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indian Overseas Bank is a good investment. Please check the relationship between Indian Overseas Begin Period Cash Flow and its Depreciation accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indian Overseas Bank. 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.
Begin Period Cash Flow vs Depreciation
Begin Period Cash Flow vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Indian Overseas Bank Begin Period Cash Flow account and
Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Indian Overseas' Begin Period Cash Flow and Depreciation is 0.47. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Depreciation in the same time period over historical financial statements of Indian Overseas Bank, assuming nothing else is changed. The correlation between historical values of Indian Overseas' Begin Period Cash Flow and Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Indian Overseas Bank are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Begin Period Cash Flow i.e., Indian Overseas' Begin Period Cash Flow and Depreciation go up and down completely randomly.
Correlation Coefficient | 0.47 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Depreciation
Depreciation indicates how much of Indian Overseas Bank value has been used up. For tax purposes Indian Overseas can deduct the cost of the tangible assets it purchases as business expenses. However, Indian Overseas Bank must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from Indian Overseas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indian Overseas Bank 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 Indian Overseas Bank. 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.
The current year's
Selling General Administrative is expected to grow to about 899.5
M. The current year's
Tax Provision is expected to grow to about 7.9
BIndian Overseas fundamental ratios Correlations
Click cells to compare fundamentals
Indian Overseas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Indian Overseas fundamental ratios Accounts
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Other Information on Investing in Indian Stock
Balance Sheet is a snapshot of the
financial position of Indian Overseas Bank at a specified time, usually calculated after every quarter, six months, or one year. Indian Overseas Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Indian Overseas 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 Indian currently owns. An asset can also be divided into two categories, current and non-current.