Bank Reconciled Depreciation vs Ebit Analysis

MAHABANK   54.28  1.34  2.53%   
Bank of Maharashtra financial indicator trend analysis is way more than just evaluating Bank of Maharashtra prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank of Maharashtra is a good investment. Please check the relationship between Bank of Maharashtra Reconciled Depreciation and its Ebit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Bank of Maharashtra. 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.

Reconciled Depreciation vs Ebit

Reconciled Depreciation vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank of Maharashtra Reconciled Depreciation account and Ebit. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Bank of Maharashtra's Reconciled Depreciation and Ebit is -0.39. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Ebit in the same time period over historical financial statements of Bank of Maharashtra, assuming nothing else is changed. The correlation between historical values of Bank of Maharashtra's Reconciled Depreciation and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Bank of Maharashtra are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Reconciled Depreciation i.e., Bank of Maharashtra's Reconciled Depreciation and Ebit go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Reconciled Depreciation

Ebit

Most indicators from Bank of Maharashtra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Maharashtra 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 Bank of Maharashtra. 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.
As of the 26th of November 2024, Selling General Administrative is likely to grow to about 883.9 M. Also, Tax Provision is likely to grow to about 3.2 B
 2021 2022 2023 2024 (projected)
Interest Expense69.7B81.6B106.7B65.1B
Depreciation And Amortization2.7B2.6B2.2B1.4B

Bank of Maharashtra fundamental ratios Correlations

0.360.980.73-0.750.40.56-0.330.140.74-0.281.00.860.720.810.72-0.19-0.130.720.230.720.28-0.80.70.79-0.01
0.360.190.65-0.05-0.13-0.040.460.0-0.040.080.370.180.38-0.020.38-0.03-0.03-0.10.19-0.1-0.14-0.230.620.140.54
0.980.190.65-0.730.470.6-0.430.210.76-0.340.970.880.650.840.64-0.23-0.170.750.230.750.33-0.790.580.84-0.13
0.730.650.65-0.49-0.010.140.260.050.210.050.730.610.750.290.750.090.140.170.120.170.01-0.360.640.670.09
-0.75-0.05-0.73-0.490.04-0.320.410.09-0.64-0.08-0.75-0.75-0.87-0.71-0.870.09-0.04-0.650.14-0.65-0.130.51-0.62-0.590.34
0.4-0.130.47-0.010.040.57-0.490.30.55-0.820.390.23-0.140.53-0.14-0.47-0.490.540.280.540.6-0.570.040.430.27
0.56-0.040.60.14-0.320.57-0.70.240.88-0.340.560.320.180.840.19-0.11-0.050.870.540.870.66-0.590.260.30.16
-0.330.46-0.430.260.41-0.49-0.7-0.34-0.820.43-0.33-0.37-0.12-0.79-0.120.420.33-0.85-0.18-0.85-0.730.5-0.17-0.310.13
0.140.00.210.050.090.30.24-0.340.13-0.630.140.41-0.080.18-0.08-0.54-0.550.130.710.140.57-0.290.260.410.15
0.74-0.040.760.21-0.640.550.88-0.820.13-0.340.730.550.450.990.45-0.27-0.171.00.241.00.63-0.750.460.50.04
-0.280.08-0.340.05-0.08-0.82-0.340.43-0.63-0.34-0.28-0.350.17-0.370.170.590.64-0.34-0.4-0.34-0.580.46-0.17-0.41-0.21
1.00.370.970.73-0.750.390.56-0.330.140.73-0.280.860.720.810.72-0.19-0.120.710.230.710.27-0.790.710.790.0
0.860.180.880.61-0.750.230.32-0.370.410.55-0.350.860.660.670.66-0.29-0.230.550.20.550.24-0.660.650.85-0.29
0.720.380.650.75-0.87-0.140.18-0.12-0.080.450.170.720.660.531.0-0.050.090.44-0.130.440.14-0.470.770.66-0.07
0.81-0.020.840.29-0.710.530.84-0.790.180.99-0.370.810.670.530.53-0.28-0.180.990.240.990.6-0.780.530.6-0.03
0.720.380.640.75-0.87-0.140.19-0.12-0.080.450.170.720.661.00.53-0.050.090.44-0.120.440.14-0.470.770.66-0.07
-0.19-0.03-0.230.090.09-0.47-0.110.42-0.54-0.270.59-0.19-0.29-0.05-0.28-0.050.98-0.28-0.16-0.28-0.50.48-0.23-0.38-0.29
-0.13-0.03-0.170.14-0.04-0.49-0.050.33-0.55-0.170.64-0.12-0.230.09-0.180.090.98-0.17-0.18-0.17-0.410.42-0.14-0.32-0.3
0.72-0.10.750.17-0.650.540.87-0.850.131.0-0.340.710.550.440.990.44-0.28-0.170.221.00.64-0.740.440.490.0
0.230.190.230.120.140.280.54-0.180.710.24-0.40.230.2-0.130.24-0.12-0.16-0.180.220.220.44-0.380.270.180.41
0.72-0.10.750.17-0.650.540.87-0.850.141.0-0.340.710.550.440.990.44-0.28-0.171.00.220.64-0.740.440.490.0
0.28-0.140.330.01-0.130.60.66-0.730.570.63-0.580.270.240.140.60.14-0.5-0.410.640.440.64-0.520.330.430.3
-0.8-0.23-0.79-0.360.51-0.57-0.590.5-0.29-0.750.46-0.79-0.66-0.47-0.78-0.470.480.42-0.74-0.38-0.74-0.52-0.6-0.71-0.24
0.70.620.580.64-0.620.040.26-0.170.260.46-0.170.710.650.770.530.77-0.23-0.140.440.270.440.33-0.60.60.35
0.790.140.840.67-0.590.430.3-0.310.410.5-0.410.790.850.660.60.66-0.38-0.320.490.180.490.43-0.710.6-0.05
-0.010.54-0.130.090.340.270.160.130.150.04-0.210.0-0.29-0.07-0.03-0.07-0.29-0.30.00.410.00.3-0.240.35-0.05
Click cells to compare fundamentals

Bank of Maharashtra Account Relationship Matchups

Bank of Maharashtra fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7T2.0T2.3T2.7T3.1T3.2T
Short Long Term Debt Total44.4B59.2B120.7B159.2B77.2B67.8B
Total Stockholder Equity109.1B123.1B140.6B157.9B198.7B208.6B
Property Plant And Equipment Net16.8B16.7B22.4B21.6B22.1B13.3B
Net Debt(155.9B)(97.5B)(121.5B)(77.6B)(225.9B)(214.6B)
Retained Earnings(72.5B)1.7B5.9B16.6B36.4B38.2B
Non Currrent Assets Other(34.9B)(29.3B)(21.2B)(13.8B)3.0T3.1T
Other Assets974.2B1.1T1.4T1.8T(535.6B)(508.8B)
Common Stock Shares Outstanding5.8B6.3B6.7B6.7B7.0B4.1B
Liabilities And Stockholders Equity1.7T2.0T2.3T2.7T3.1T3.2T
Non Current Liabilities Total36.8B44.7B77.5B107.7B1.4T1.5T
Other Stockholder Equity137.8B949.5M3.3B3.3B9.8B9.3B
Total Liab1.6T1.8T2.2T2.5T2.9T3.0T
Accumulated Other Comprehensive Income(14.4B)54.9B64.1B70.7B81.8B85.9B
Common Stock58.2B65.6B67.3B67.3B70.8B74.4B
Cash192.7B142.1B202.0B185.3B303.1B162.2B
Non Current Assets Total507.5B686.8B707.1B712.0B3.0T3.1T
Cash And Short Term Investments192.7B142.1B199.2B185.3B303.1B161.9B
Other Current Assets974.2B1.1T232.6B216.5B334.3B571.7B
Total Current Assets1.2T1.3T219.2B207.2B637.4B675.4B
Other Current Liab(3.1B)(3.2B)(2.7B)(4.1B)1.4T1.5T
Accounts Payable3.1B3.2B2.7B4.1B3.8B3.5B
Total Current Liabilities3.1B3.2B2.7B4.1B1.5T1.5T
Net Receivables15.8B22.1B20.1B21.9B48.4B24.4B
Other Liab35.9B46.1B48.7B59.5B68.4B46.2B
Net Tangible Assets109.1B123.1B140.6B157.9B181.6B110.3B
Long Term Debt36.7B42.4B77.5B107.7B96.9B62.0B
Short Term Investments26.1B140.7B(2.9B)(22K)(25.3K)(24.0K)
Long Term Investments490.5B682.8B687.6B690.4B684.6B549.0B
Short Term Debt7.7B16.8B43.2B51.5B13.1B12.4B
Property Plant Equipment16.8B16.7B22.4B21.6B24.8B18.9B
Current Deferred Revenue(4.6B)(13.6B)(40.5B)(47.5B)(3.8B)(4.0B)
Long Term Debt Total36.7B42.4B77.5B107.7B123.8B79.7B
Capital Surpluse53.4B69.0B949.5M3.3B3.0B2.8B
Earning Assets436.1B608.4B577.2B682.8B785.2B563.6B
Net Invested Capital145.9B165.5B221.5B265.6B275.9B215.3B
Capital Stock58.2B65.6B67.3B67.3B70.8B65.4B
Intangible Assets240.1M332.4M276.2M1.1B958.3M611.3M

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 Bank Stock

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