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 Property Plant And Equipment Net and its Non Current Assets Total 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.
Property Plant And Equipment Net vs Non Current Assets Total
Property Plant And Equipment Net vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Yes Bank Limited Property Plant And Equipment Net account and
Non Current Assets Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Yes Bank's Property Plant And Equipment Net and Non Current Assets Total is 0.62. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Assets Total 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 Property Plant And Equipment Net and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Yes Bank Limited are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Property Plant And Equipment Net i.e., Yes Bank's Property Plant And Equipment Net and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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.