Axis Payout Ratio vs Income Quality 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 Payout Ratio and its Income Quality 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.
Payout Ratio vs Income Quality
Payout Ratio vs Income Quality Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axis Bank Payout Ratio account and Income Quality. At this time, the significance of the direction appears to have pay attention.
The correlation between Axis Bank's Payout Ratio and Income Quality is -0.98. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Income Quality 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 Payout Ratio and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of Axis Bank Ltd are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Payout Ratio i.e., Axis Bank's Payout Ratio and Income Quality go up and down completely randomly.
Correlation Coefficient | -0.98 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Payout Ratio
Payout Ratio is the proportion of Axis Bank Ltd earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Axis Bank dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Axis Bank is paying out more in dividends than it makes in net income.Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.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 Income | 339.2B | 440.6B | 513.7B | 355.2B | Tax Provision | 47.7B | 77.7B | 87.5B | 46.9B |
Axis Bank fundamental ratios Correlations
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Axis Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axis Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3T | 10.1T | 12.0T | 13.4T | 15.2T | 11.8T | |
Other Current Liab | 37.9B | 36.9B | 70.3B | 85.0B | 97.7B | 61.4B | |
Total Current Liabilities | 6.5T | 7.1T | 8.3T | 9.5T | 10.9T | 7.6T | |
Total Stockholder Equity | 863.4B | 1.0T | 1.2T | 1.3T | 1.6T | 1.1T | |
Other Liab | 369.8B | 357.5B | 431.5B | 622.0B | 715.4B | 409.9B | |
Net Tangible Assets | 860.5B | 1.0T | 1.2T | 1.3T | 1.5T | 1.0T | |
Net Debt | 29.9B | 308.7B | 874.3B | 975.1B | 901.5B | 755.5B | |
Retained Earnings | 418.3B | 482.0B | 617.3B | 477.7B | 652.8B | 533.7B | |
Accounts Payable | 6.4T | 7.0T | 8.2T | 9.5T | 36.6B | 34.8B | |
Cash | 1.4T | 1.1T | 1.1T | 1.1T | 1.4T | 1.2T | |
Other Assets | 6.5T | 6.9T | 8.1T | 9.4T | 10.8T | 7.6T | |
Common Stock Shares Outstanding | 2.8B | 3.1B | 3.1B | 3.1B | 3.1B | 3.2B | |
Other Current Assets | 397.4B | 859.0B | 482.4B | 935.4B | 1.1T | 671.4B | |
Other Stockholder Equity | 27.8B | 35.1B | 43.7B | 1.3T | 1.5T | 1.6T | |
Total Liab | 8.4T | 9.1T | 10.8T | 12.1T | 13.6T | 10.7T | |
Net Invested Capital | 2.3T | 2.4T | 3.2T | 3.4T | 3.9T | 3.1T | |
Long Term Investments | 1.2T | 1.9T | 2.7T | 2.9T | 2.3T | 2.2T | |
Total Current Assets | 1.5T | 1.2T | 1.6T | 1.1T | 1.3T | 1.3T | |
Common Stock | 5.6B | 6.1B | 6.1B | 6.2B | 7.1B | 6.3B | |
Property Plant Equipment | 43.9B | 43.3B | 46.8B | 48.5B | 55.8B | 48.5B | |
Capital Stock | 5.6B | 6.1B | 6.1B | 6.2B | 6.2B | 6.5B |
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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.