YESBANK Stock | | | 19.21 0.08 0.42% |
Yes Bank financial indicator trend analysis is more than just analyzing Yes Bank Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yes Bank Limited is a good investment. Please check the relationship between Yes Bank Depreciation and its Change To Netincome accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yes 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 nation.
Depreciation vs Change To Netincome
Depreciation vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yes Bank Limited Depreciation account and
Change To Netincome. At this time, the significance of the direction appears to have weak relationship.
The correlation between Yes Bank's Depreciation and Change To Netincome is 0.31. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Yes Bank Limited, assuming nothing else is changed. The correlation between historical values of Yes Bank's Depreciation and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Yes Bank Limited are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Depreciation i.e., Yes Bank's Depreciation and Change To Netincome go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of Yes Bank Limited value has been used up. For tax purposes Yes Bank can deduct the cost of the tangible assets it purchases as business expenses. However, Yes Bank Limited 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.
Change To Netincome
Most indicators from Yes Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yes 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yes 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 nation.
At this time, Yes Bank's
Selling General Administrative is quite stable compared to the past year.
Tax Provision is expected to rise to about 2.7
B this year, although the value of
Issuance Of Capital Stock will most likely fall to about 163.4
M.
Yes Bank fundamental ratios Correlations
Click cells to compare fundamentals
Yes Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Yes Bank fundamental ratios Accounts
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Other Information on Investing in Yes Stock
Balance Sheet is a snapshot of the
financial position of Yes Bank Limited at a specified time, usually calculated after every quarter, six months, or one year. Yes Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Yes 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 Yes currently owns. An asset can also be divided into two categories, current and non-current.