Axis Book Value Per Share vs Capex To Revenue Analysis

AXB Stock  USD 67.40  0.20  0.30%   
Axis Bank financial indicator trend analysis is way more than just evaluating Axis Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axis Bank is a good investment. Please check the relationship between Axis Bank Book Value Per Share and its Capex To Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Book Value Per Share vs Capex To Revenue

Book Value Per Share vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axis Bank Book Value Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Axis Bank's Book Value Per Share and Capex To Revenue is -0.41. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Axis Bank Ltd, assuming nothing else is changed. The correlation between historical values of Axis Bank's Book Value Per Share and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Axis Bank Ltd are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Book Value Per Share i.e., Axis Bank's Book Value Per Share and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
Most indicators from Axis Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axis 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is expected to rise to about 3.9 T this year, although the value of Tax Provision will most likely fall to about 46.9 B.
 2021 2022 2023 2024 (projected)
Net Interest Income339.2B440.6B513.7B355.2B
Tax Provision47.7B77.7B87.5B46.9B

Axis Bank fundamental ratios Correlations

0.871.00.990.980.99-0.070.93-0.060.830.990.660.92-0.820.920.821.00.970.830.730.970.970.910.840.89-0.53
0.870.880.90.850.910.210.860.010.570.890.60.78-0.520.750.660.870.910.860.470.860.840.770.730.8-0.33
1.00.880.990.990.99-0.090.93-0.020.841.00.660.9-0.820.930.781.00.970.820.730.960.960.880.820.88-0.47
0.990.90.990.981.0-0.080.94-0.080.840.990.680.92-0.790.910.80.990.970.820.720.980.970.910.840.88-0.53
0.980.850.990.980.98-0.080.87-0.030.830.990.680.85-0.780.930.810.980.960.780.670.940.960.840.820.92-0.44
0.990.910.991.00.98-0.090.93-0.010.830.990.640.92-0.790.920.760.990.960.830.720.970.950.90.80.86-0.46
-0.070.21-0.09-0.08-0.08-0.09-0.08-0.18-0.57-0.050.12-0.270.45-0.20.16-0.070.120.29-0.53-0.17-0.02-0.260.180.2-0.03
0.930.860.930.940.870.93-0.08-0.140.80.910.660.89-0.780.860.660.930.920.780.80.950.920.890.80.72-0.54
-0.060.01-0.02-0.08-0.03-0.01-0.18-0.14-0.03-0.05-0.680.0-0.140.07-0.42-0.06-0.150.20.15-0.19-0.27-0.04-0.56-0.230.74
0.830.570.840.840.830.83-0.570.8-0.030.820.510.86-0.840.890.590.830.740.490.890.860.820.850.630.61-0.46
0.990.891.00.990.990.99-0.050.91-0.050.820.690.88-0.780.930.80.990.980.810.690.960.970.870.840.91-0.48
0.660.60.660.680.680.640.120.66-0.680.510.690.45-0.340.560.690.660.720.310.270.720.810.450.90.73-0.62
0.920.780.90.920.850.92-0.270.890.00.860.880.45-0.840.820.730.920.850.790.810.930.851.00.690.72-0.58
-0.82-0.52-0.82-0.79-0.78-0.790.45-0.78-0.14-0.84-0.78-0.34-0.84-0.77-0.54-0.82-0.68-0.63-0.89-0.78-0.73-0.83-0.52-0.560.4
0.920.750.930.910.930.92-0.20.860.070.890.930.560.82-0.770.660.920.90.710.810.870.90.80.720.77-0.36
0.820.660.780.80.810.760.160.66-0.420.590.80.690.73-0.540.660.820.840.670.370.780.860.740.910.94-0.79
1.00.871.00.990.980.99-0.070.93-0.060.830.990.660.92-0.820.920.820.970.840.730.960.970.910.840.89-0.53
0.970.910.970.970.960.960.120.92-0.150.740.980.720.85-0.680.90.840.970.850.630.940.970.850.90.92-0.56
0.830.860.820.820.780.830.290.780.20.490.810.310.79-0.630.710.670.840.850.540.730.730.780.610.74-0.34
0.730.470.730.720.670.72-0.530.80.150.890.690.270.81-0.890.810.370.730.630.540.730.660.80.450.38-0.36
0.970.860.960.980.940.97-0.170.95-0.190.860.960.720.93-0.780.870.780.960.940.730.730.960.930.850.83-0.6
0.970.840.960.970.960.95-0.020.92-0.270.820.970.810.85-0.730.90.860.970.970.730.660.960.840.930.91-0.63
0.910.770.880.910.840.9-0.260.89-0.040.850.870.451.0-0.830.80.740.910.850.780.80.930.840.70.71-0.62
0.840.730.820.840.820.80.180.8-0.560.630.840.90.69-0.520.720.910.840.90.610.450.850.930.70.89-0.79
0.890.80.880.880.920.860.20.72-0.230.610.910.730.72-0.560.770.940.890.920.740.380.830.910.710.89-0.56
-0.53-0.33-0.47-0.53-0.44-0.46-0.03-0.540.74-0.46-0.48-0.62-0.580.4-0.36-0.79-0.53-0.56-0.34-0.36-0.6-0.63-0.62-0.79-0.56
Click cells to compare fundamentals

Axis Bank Account Relationship Matchups

Axis Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3T10.1T12.0T13.4T15.2T11.8T
Other Current Liab37.9B36.9B70.3B85.0B97.7B61.4B
Total Current Liabilities6.5T7.1T8.3T9.5T10.9T7.6T
Total Stockholder Equity863.4B1.0T1.2T1.3T1.6T1.1T
Other Liab369.8B357.5B431.5B622.0B715.4B409.9B
Net Tangible Assets860.5B1.0T1.2T1.3T1.5T1.0T
Net Debt29.9B308.7B874.3B975.1B901.5B755.5B
Retained Earnings418.3B482.0B617.3B477.7B652.8B533.7B
Accounts Payable6.4T7.0T8.2T9.5T36.6B34.8B
Cash1.4T1.1T1.1T1.1T1.4T1.2T
Other Assets6.5T6.9T8.1T9.4T10.8T7.6T
Common Stock Shares Outstanding2.8B3.1B3.1B3.1B3.1B3.2B
Other Current Assets397.4B859.0B482.4B935.4B1.1T671.4B
Other Stockholder Equity27.8B35.1B43.7B1.3T1.5T1.6T
Total Liab8.4T9.1T10.8T12.1T13.6T10.7T
Net Invested Capital2.3T2.4T3.2T3.4T3.9T3.1T
Long Term Investments1.2T1.9T2.7T2.9T2.3T2.2T
Total Current Assets1.5T1.2T1.6T1.1T1.3T1.3T
Common Stock5.6B6.1B6.1B6.2B7.1B6.3B
Property Plant Equipment43.9B43.3B46.8B48.5B55.8B48.5B
Capital Stock5.6B6.1B6.1B6.2B6.2B6.5B

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Other Information on Investing in Axis Stock

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