Karnataka Other Current Liab vs Inventory Analysis

KTKBANK Stock   209.08  0.13  0.06%   
Karnataka Bank financial indicator trend analysis is infinitely more than just investigating Karnataka Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karnataka Bank is a good investment. Please check the relationship between Karnataka Bank Other Current Liab and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Karnataka 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 nation.

Other Current Liab vs Inventory

Other Current Liab vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Karnataka Bank Other Current Liab account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Karnataka Bank's Other Current Liab and Inventory is -0.64. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Inventory in the same time period over historical financial statements of The Karnataka Bank, assuming nothing else is changed. The correlation between historical values of Karnataka Bank's Other Current Liab and Inventory 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 Current Liab of The Karnataka Bank are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Liab i.e., Karnataka Bank's Other Current Liab and Inventory go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Other Current Liab

Inventory

Most indicators from Karnataka Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karnataka 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in The Karnataka 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 nation.
At this time, Karnataka Bank's Selling General Administrative is quite stable compared to the past year. Issuance Of Capital Stock is expected to rise to about 15.6 B this year, although the value of Tax Provision will most likely fall to about 1.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit34.5B41.8B96.2B101.0B
Total Revenue34.5B41.8B46.3B48.6B

Karnataka Bank fundamental ratios Correlations

0.590.790.92-0.460.760.510.260.250.270.30.190.34-0.021.00.30.960.33-0.480.750.32-0.690.670.940.19-0.77
0.590.680.57-0.460.640.570.480.5-0.090.50.420.56-0.240.590.50.610.53-0.730.660.53-0.440.430.580.74-0.75
0.790.680.72-0.840.940.890.710.7-0.180.740.390.770.020.790.730.780.76-0.470.970.76-0.720.650.870.14-0.91
0.920.570.72-0.320.80.390.130.120.390.180.150.210.040.920.170.960.19-0.550.690.19-0.70.510.90.22-0.7
-0.46-0.46-0.84-0.32-0.73-0.99-0.94-0.950.65-0.95-0.39-0.96-0.09-0.45-0.95-0.45-0.970.14-0.83-0.970.35-0.52-0.610.110.7
0.760.640.940.8-0.730.790.610.6-0.10.640.330.660.120.760.630.810.65-0.440.910.65-0.70.60.880.16-0.83
0.510.570.890.39-0.990.790.930.94-0.580.940.430.970.060.510.940.50.96-0.260.880.96-0.440.540.660.01-0.78
0.260.480.710.13-0.940.610.930.99-0.821.00.350.990.150.251.00.270.99-0.060.710.99-0.120.330.4-0.05-0.54
0.250.50.70.12-0.950.60.940.99-0.810.980.430.990.040.240.980.261.0-0.110.711.0-0.150.410.420.02-0.59
0.27-0.09-0.180.390.65-0.1-0.58-0.82-0.81-0.79-0.2-0.75-0.210.28-0.80.25-0.76-0.32-0.21-0.76-0.40.030.130.210.03
0.30.50.740.18-0.950.640.941.00.98-0.790.350.980.20.31.00.310.98-0.080.740.98-0.170.340.44-0.06-0.56
0.190.420.390.15-0.390.330.430.350.43-0.20.350.43-0.320.190.350.230.42-0.210.310.42-0.230.540.320.39-0.51
0.340.560.770.21-0.960.660.970.990.99-0.750.980.430.030.330.980.351.0-0.170.771.0-0.230.440.490.05-0.66
-0.02-0.240.020.04-0.090.120.060.150.04-0.210.2-0.320.03-0.030.170.010.050.180.130.050.04-0.29-0.02-0.50.21
1.00.590.790.92-0.450.760.510.250.240.280.30.190.33-0.030.290.960.32-0.490.740.31-0.690.670.930.2-0.77
0.30.50.730.17-0.950.630.941.00.98-0.81.00.350.980.170.290.30.99-0.080.740.99-0.160.340.43-0.06-0.56
0.960.610.780.96-0.450.810.50.270.260.250.310.230.350.010.960.30.33-0.490.740.33-0.630.610.930.22-0.74
0.330.530.760.19-0.970.650.960.991.0-0.760.980.421.00.050.320.990.33-0.150.761.0-0.220.440.480.02-0.64
-0.48-0.73-0.47-0.550.14-0.44-0.26-0.06-0.11-0.32-0.08-0.21-0.170.18-0.49-0.08-0.49-0.15-0.52-0.140.69-0.36-0.49-0.650.66
0.750.660.970.69-0.830.910.880.710.71-0.210.740.310.770.130.740.740.740.76-0.520.76-0.70.570.840.11-0.88
0.320.530.760.19-0.970.650.960.991.0-0.760.980.421.00.050.310.990.331.0-0.140.76-0.220.440.480.02-0.64
-0.69-0.44-0.72-0.70.35-0.7-0.44-0.12-0.15-0.4-0.17-0.23-0.230.04-0.69-0.16-0.63-0.220.69-0.7-0.22-0.61-0.74-0.220.8
0.670.430.650.51-0.520.60.540.330.410.030.340.540.44-0.290.670.340.610.44-0.360.570.44-0.610.760.32-0.78
0.940.580.870.9-0.610.880.660.40.420.130.440.320.49-0.020.930.430.930.48-0.490.840.48-0.740.760.17-0.87
0.190.740.140.220.110.160.01-0.050.020.21-0.060.390.05-0.50.2-0.060.220.02-0.650.110.02-0.220.320.17-0.4
-0.77-0.75-0.91-0.70.7-0.83-0.78-0.54-0.590.03-0.56-0.51-0.660.21-0.77-0.56-0.74-0.640.66-0.88-0.640.8-0.78-0.87-0.4
Click cells to compare fundamentals

Karnataka Bank Account Relationship Matchups

Karnataka Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets833.1B855.8B920.4B990.6B1.2T610.8B
Short Long Term Debt Total56.0B23.7B23.2B15.7B44.0B46.2B
Total Stockholder Equity59.7B66.4B70.9B82.1B108.5B113.9B
Property Plant And Equipment Net8.3B8.4B8.2B8.8B9.1B4.9B
Net Debt(2.7B)(35.5B)(29.7B)(46.0B)(163.4B)(155.2B)
Retained Earnings1.0B853.6M1.4B1.6B2.1B2.2B
Cash29.2B53.2B44.4B61.6B163.4B171.5B
Non Current Assets Total8.3B8.4B8.2B8.8B1.3T1.4T
Non Currrent Assets Other(175.5B)(216.3B)(211.9B)(233.3B)1.1T1.1T
Other Assets817.7B837.9B901.0B965.5B(421.7B)(400.6B)
Cash And Short Term Investments7.1B9.5B11.2B16.3B163.4B171.5B
Common Stock Shares Outstanding310.9M311.8M312.2M313.4M329.4M335.5M
Liabilities And Stockholders Equity833.1B855.8B920.4B990.6B1.2T610.8B
Non Current Liabilities Total40.7B17.6B10.2B13.6B736.9B773.7B
Other Stockholder Equity(38.2B)12.6B12.6B12.6B26.8B21.9B
Total Liab773.4B789.4B849.5B908.4B1.1T564.4B
Total Current Assets7.1B9.5B11.2B16.3B258.6B271.6B
Other Current Liab(585.3M)(605.3M)(683.4M)(897.2M)315.8B331.6B
Accounts Payable585.3M605.3M683.4M897.2M907.4M704.9M
Other Current Assets39.8B56.4B47.9B65.2B95.3B100.1B
Total Current Liabilities585.3M605.3M683.4M897.2M316.7B332.5B
Net Receivables10.4B7.7B7.3B6.8B10.3B8.0B
Accumulated Other Comprehensive Income(4.3B)49.9B53.9B64.7B75.8B79.6B
Other Liab12.5B12.4B18.7B15.9B18.3B13.1B
Net Tangible Assets59.7B66.4B70.9B82.1B94.4B59.8B
Long Term Debt40.7B17.6B23.1B15.6B18.0B20.6B
Inventory(50.1B)(64.2B)(55.2B)(72.1B)(90.2B)(85.7B)
Long Term Investments175.5B216.3B220.4B233.3B243.0B206.2B
Short Term Debt15.3B6.0B55.6M54.2M30.3M28.8M
Property Plant Equipment8.3B8.4B8.2B8.8B10.1B7.1B
Current Deferred Revenue(14.8B)(5.4B)627.7M842.9M(907.4M)(952.8M)
Long Term Debt Total40.7B17.6B23.1B15.6B18.0B21.6B
Capital Surpluse12.6B12.6B12.6B12.6B14.5B13.2B
Earning Assets163.0B169.4B184.4B216.3B248.8B205.4B
Net Invested Capital88.1B84.1B94.1B97.8B152.5B105.6B

Also Currently Popular

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.

Other Information on Investing in Karnataka Stock

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