ICICI Bank Gross Profit vs. Total Debt
| ICICIBANK | 1,300 12.60 0.98% |
Gross Profit | First Reported 1999-12-31 | Previous Quarter 672.7 B | Current Value 951.7 B | Quarterly Volatility 167.9 B |
For ICICI Bank profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ICICI Bank to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ICICI Bank Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ICICI Bank's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ICICI Bank Limited over time as well as its relative position and ranking within its peers.
ICICI |
ICICI Bank Limited Total Debt vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ICICI Bank's current stock value. Our valuation model uses many indicators to compare ICICI Bank value to that of its competitors to determine the firm's financial worth. ICICI Bank Limited is currently regarded as number one stock in gross profit category among its peers. It also is considered the number one company in total debt category among its peers making up about 1.56 of Total Debt per Gross Profit. At present, ICICI Bank's Gross Profit is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value ICICI Bank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ICICI Bank's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.ICICI Total Debt vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
ICICI Bank |
| = | 1.29 T |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
ICICI Bank |
| = | 2.01 T |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
ICICI Total Debt vs Competition
ICICI Bank Limited is considered the number one company in total debt category among its peers. Total debt of Financials industry is currently estimated at about 2.22 Trillion. ICICI Bank totals roughly 2.01 Trillion in total debt claiming about 91% of equities under Financials industry.
ICICI Bank Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ICICI Bank, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ICICI Bank will eventually generate negative long term returns. The profitability progress is the general direction of ICICI Bank's change in net profit over the period of time. It can combine multiple indicators of ICICI Bank, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.1 T | 749.1 B | |
| Operating Income | 1.1 T | 1.1 T | |
| Income Before Tax | 615.1 B | 645.8 B | |
| Total Other Income Expense Net | -451 B | -428.5 B | |
| Net Income | 442.6 B | 464.7 B | |
| Income Tax Expense | 154.3 B | 162 B | |
| Net Income From Continuing Ops | 460.8 B | 483.8 B | |
| Net Income Applicable To Common Shares | 391.4 B | 411 B | |
| Net Interest Income | 854.1 B | 499.8 B | |
| Interest Income | 1.6 T | 1 T | |
| Change To Netincome | 110.8 B | 114.2 B |
ICICI Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ICICI Bank. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ICICI Bank position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ICICI Bank's important profitability drivers and their relationship over time.
Use ICICI Bank in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ICICI Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ICICI Bank will appreciate offsetting losses from the drop in the long position's value.ICICI Bank Pair Trading
ICICI Bank Limited Pair Trading Analysis
The ability to find closely correlated positions to ICICI Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ICICI Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ICICI Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ICICI Bank Limited to buy it.
The correlation of ICICI Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ICICI Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ICICI Bank Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ICICI Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ICICI Bank position
In addition to having ICICI Bank in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Asset Management Thematic Idea Now
Asset Management
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Asset Management theme has 7 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Asset Management Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
To fully project ICICI Bank's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ICICI Bank Limited at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ICICI Bank's income statement, its balance sheet, and the statement of cash flows.