Axis Total Revenue vs Reconciled Depreciation Analysis

AXB Stock   67.80  0.80  1.17%   
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 Total Revenue and its Reconciled Depreciation 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 bureau of economic analysis.

Total Revenue vs Reconciled Depreciation

Total Revenue vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axis Bank Total Revenue account and Reconciled Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between Axis Bank's Total Revenue and Reconciled Depreciation is 0.39. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Reconciled Depreciation 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 Total Revenue and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Axis Bank Ltd are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Revenue i.e., Axis Bank's Total Revenue and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.39
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Revenue

Total revenue comprises all receipts Axis Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Reconciled Depreciation

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 bureau of economic analysis.
As of December 11, 2024, Selling General Administrative is expected to decline to about 1.2 B. In addition to that, Tax Provision is expected to decline to about 46.9 B
 2021 2022 2023 2024 (projected)
Interest Expense349.2B433.9B613.9B644.6B
Depreciation And Amortization10.5B131.5B13.9B12.2B

Axis Bank fundamental ratios Correlations

0.97-0.640.781.00.78-0.390.730.930.43-0.420.950.660.770.80.850.991.00.880.610.780.790.230.960.970.88
0.97-0.680.820.960.81-0.290.790.90.44-0.430.910.70.750.780.880.940.980.840.650.770.760.350.940.920.83
-0.64-0.68-0.69-0.6-0.6-0.2-0.72-0.580.08-0.09-0.73-0.2-0.53-0.61-0.73-0.61-0.64-0.56-0.14-0.57-0.74-0.34-0.56-0.58-0.64
0.780.82-0.690.740.90.060.980.760.0-0.010.850.30.830.850.960.760.780.490.240.830.880.610.660.660.8
1.00.96-0.60.740.75-0.450.690.920.48-0.460.930.680.750.780.810.990.990.890.630.760.770.160.970.970.88
0.780.81-0.60.90.750.00.860.770.14-0.150.80.410.950.930.960.760.780.520.360.930.780.50.660.660.81
-0.39-0.29-0.20.06-0.450.00.18-0.38-0.780.77-0.17-0.6-0.070.01-0.01-0.4-0.39-0.54-0.630.020.00.46-0.55-0.51-0.29
0.730.79-0.720.980.690.860.180.74-0.110.110.840.210.780.830.930.730.740.410.140.810.880.680.590.60.73
0.930.9-0.580.760.920.77-0.380.740.29-0.270.920.490.760.790.820.940.930.710.450.790.810.350.860.880.83
0.430.440.080.00.480.14-0.78-0.110.29-1.00.120.910.150.090.120.380.430.60.940.08-0.07-0.340.60.480.2
-0.42-0.43-0.09-0.01-0.46-0.150.770.11-0.27-1.0-0.1-0.9-0.17-0.09-0.13-0.37-0.41-0.59-0.94-0.090.080.34-0.58-0.46-0.21
0.950.91-0.730.850.930.8-0.170.840.920.12-0.10.390.790.840.880.960.950.750.330.830.90.370.850.890.9
0.660.7-0.20.30.680.41-0.60.210.490.91-0.90.390.370.350.420.590.650.751.00.330.16-0.140.790.670.41
0.770.75-0.530.830.750.95-0.070.780.760.15-0.170.790.370.980.90.780.770.520.330.980.780.350.640.630.81
0.80.78-0.610.850.780.930.010.830.790.09-0.090.840.350.980.90.810.80.530.290.990.810.380.650.650.79
0.850.88-0.730.960.810.96-0.010.930.820.12-0.130.880.420.90.90.830.850.610.360.890.870.530.740.750.88
0.990.94-0.610.760.990.76-0.40.730.940.38-0.370.960.590.780.810.830.990.850.540.80.820.220.940.950.9
1.00.98-0.640.780.990.78-0.390.740.930.43-0.410.950.650.770.80.850.990.880.60.780.790.240.960.960.88
0.880.84-0.560.490.890.52-0.540.410.710.6-0.590.750.750.520.530.610.850.880.720.50.52-0.130.940.940.79
0.610.65-0.140.240.630.36-0.630.140.450.94-0.940.331.00.330.290.360.540.60.720.280.11-0.170.750.620.36
0.780.77-0.570.830.760.930.020.810.790.08-0.090.830.330.980.990.890.80.780.50.280.80.410.630.630.77
0.790.76-0.740.880.770.780.00.880.81-0.070.080.90.160.780.810.870.820.790.520.110.80.440.660.70.86
0.230.35-0.340.610.160.50.460.680.35-0.340.340.37-0.140.350.380.530.220.24-0.13-0.170.410.440.050.10.19
0.960.94-0.560.660.970.66-0.550.590.860.6-0.580.850.790.640.650.740.940.960.940.750.630.660.050.970.83
0.970.92-0.580.660.970.66-0.510.60.880.48-0.460.890.670.630.650.750.950.960.940.620.630.70.10.970.88
0.880.83-0.640.80.880.81-0.290.730.830.2-0.210.90.410.810.790.880.90.880.790.360.770.860.190.830.88
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Axis Bank Account Relationship Matchups

Axis Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.3T10.1T12.0T13.4T15.2T15.9T
Short Long Term Debt Total1.4T1.3T1.8T2.1T2.3T2.4T
Other Current Liab(34.1B)(43K)(93.2B)(82.0B)(36.6B)(38.4B)
Total Current Liabilities34.1B39.0B46.6B41.0B47.1B25.1B
Total Stockholder Equity863.4B1.0T1.2T1.3T1.6T1.6T
Property Plant And Equipment Net43.9B43.3B46.8B48.5B58.4B29.9B
Net Debt(7.0B)238.4B493.0B975.1B(1.4T)(1.3T)
Accounts Payable34.1B39.0B46.6B41.0B36.6B24.8B
Cash1.4T1.1T1.3T1.1T1.4T1.4T
Non Current Assets Total46.8B46.2B49.7B51.4B3.4T3.6T
Non Currrent Assets Other(46.8B)(46.2B)(49.7B)(51.4B)(3.4T)(3.2T)
Other Assets9.0T9.8T11.6T12.9T10.3T10.9T
Cash And Short Term Investments208.3B242.9B281.5B522.6B1.2T1.2T
Common Stock Total Equity5.1B5.1B5.6B6.1B7.0B4.6B
Common Stock Shares Outstanding545.0M596.5M615.1M617.6M620.8M487.8M
Liabilities And Stockholders Equity9.3T10.1T12.0T13.4T15.2T15.9T
Non Current Liabilities Total1.6T1.5T2.0T2.1T2.3T1.2T
Other Stockholder Equity586.5B715.1B770.4B814.0B911.3B956.8B
Total Liab8.4T9.1T10.8T12.1T13.6T14.3T
Property Plant And Equipment Gross43.9B43.3B113.5B244.6B264.8B278.1B
Total Current Assets208.3B242.9B281.5B522.6B1.4T1.5T
Common Stock5.6B6.1B6.1B6.2B6.2B4.9B
Net Receivables217.8B306.1B441.3B287.1B281.5B197.7B
Other Current Assets16.7B9.4B7.8B7.5B2.0B1.9B
Accumulated Other Comprehensive Income27.8B35.1B43.7B49.1B1.6T1.6T
Retained Earnings271.3B314.7B406.0B477.7B652.8B685.5B
Other Liab369.8B357.5B431.5B622.0B715.4B751.1B
Net Tangible Assets860.5B1.0T1.2T1.3T1.5T883.8B
Short Term Investments(1.2T)(860.2B)(1.0T)(564.5B)(215.6B)(226.3B)
Long Term Investments1.2T1.9T2.7T2.9T3.3T2.0T
Property Plant Equipment43.9B43.3B46.8B48.5B55.8B44.5B
Net Invested Capital2.3T2.4T3.2T3.4T3.9T3.1T
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.