Bandhan Gross Profit vs Income Tax Expense Analysis

BANDHANBNK   170.96  0.36  0.21%   
Bandhan Bank financial indicator trend analysis is way more than just evaluating Bandhan Bank Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bandhan Bank Limited is a good investment. Please check the relationship between Bandhan Bank Gross Profit and its Income Tax Expense accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bandhan 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 rate.

Gross Profit vs Income Tax Expense

Gross Profit vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bandhan Bank Limited Gross Profit account and Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Bandhan Bank's Gross Profit and Income Tax Expense is 0.51. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Bandhan Bank Limited, assuming nothing else is changed. The correlation between historical values of Bandhan Bank's Gross Profit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Bandhan Bank Limited are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Gross Profit i.e., Bandhan Bank's Gross Profit and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Bandhan Bank Limited minus its cost of goods sold. It is profit before Bandhan Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Tax Expense

Most indicators from Bandhan Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bandhan 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Bandhan 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 rate.
As of the 29th of November 2024, Issuance Of Capital Stock is likely to grow to about 37.7 M, while Selling General Administrative is likely to drop about 141.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit115.4B117.3B210.3B220.9B
Total Revenue115.4B117.3B207.6B218.0B

Bandhan Bank fundamental ratios Correlations

0.460.470.980.920.970.840.630.990.740.46-0.970.60.340.880.93-0.690.520.471.00.470.910.880.81-0.410.72
0.461.00.420.680.360.83-0.10.460.891.0-0.53-0.38-0.020.780.41-0.94-0.240.660.470.240.350.760.170.230.36
0.471.00.430.680.370.83-0.090.470.91.0-0.54-0.37-0.020.780.42-0.94-0.240.660.480.250.360.770.180.230.37
0.980.420.430.871.00.80.590.990.730.42-0.950.630.390.840.93-0.660.550.390.970.50.950.840.76-0.340.75
0.920.680.680.870.840.950.570.890.870.68-0.970.410.260.990.89-0.840.380.630.920.420.810.970.79-0.360.62
0.970.360.371.00.840.740.590.980.680.36-0.920.660.410.790.92-0.610.570.340.960.510.950.790.73-0.320.77
0.840.830.830.80.950.740.370.820.950.83-0.90.180.190.980.77-0.940.210.690.840.40.740.990.63-0.220.56
0.63-0.1-0.090.590.570.590.370.630.12-0.11-0.650.81-0.020.450.75-0.150.450.150.64-0.060.520.450.92-0.750.55
0.990.460.470.990.890.980.820.630.730.46-0.960.60.290.860.94-0.70.490.430.990.420.90.870.79-0.370.76
0.740.890.90.730.870.680.950.120.730.9-0.790.010.320.920.68-0.950.170.630.740.540.710.920.430.030.53
0.461.01.00.420.680.360.83-0.110.460.9-0.53-0.380.010.770.4-0.94-0.240.670.470.270.360.760.170.240.36
-0.97-0.53-0.54-0.95-0.97-0.92-0.9-0.65-0.96-0.79-0.53-0.58-0.35-0.93-0.930.73-0.47-0.57-0.97-0.48-0.9-0.94-0.820.4-0.69
0.6-0.38-0.370.630.410.660.180.810.60.01-0.38-0.580.340.280.650.080.78-0.090.590.230.640.290.75-0.680.41
0.34-0.02-0.020.390.260.410.19-0.020.290.320.01-0.350.340.220.21-0.020.50.290.340.960.580.230.090.030.14
0.880.780.780.840.990.790.980.450.860.920.77-0.930.280.220.84-0.910.290.660.880.410.760.980.7-0.260.58
0.930.410.420.930.890.920.770.750.940.680.4-0.930.650.210.84-0.660.50.310.930.310.870.820.86-0.40.83
-0.69-0.94-0.94-0.66-0.84-0.61-0.94-0.15-0.7-0.95-0.940.730.08-0.02-0.91-0.66-0.03-0.57-0.7-0.27-0.58-0.9-0.43-0.01-0.53
0.52-0.24-0.240.550.380.570.210.450.490.17-0.24-0.470.780.50.290.5-0.03-0.210.510.410.60.290.59-0.650.1
0.470.660.660.390.630.340.690.150.430.630.67-0.57-0.090.290.660.31-0.57-0.210.480.460.340.660.28-0.020.24
1.00.470.480.970.920.960.840.640.990.740.47-0.970.590.340.880.93-0.70.510.480.460.90.880.82-0.420.71
0.470.240.250.50.420.510.4-0.060.420.540.27-0.480.230.960.410.31-0.270.410.460.460.660.420.130.10.24
0.910.350.360.950.810.950.740.520.90.710.36-0.90.640.580.760.87-0.580.60.340.90.660.790.68-0.280.71
0.880.760.770.840.970.790.990.450.870.920.76-0.940.290.230.980.82-0.90.290.660.880.420.790.7-0.30.57
0.810.170.180.760.790.730.630.920.790.430.17-0.820.750.090.70.86-0.430.590.280.820.130.680.7-0.790.54
-0.410.230.23-0.34-0.36-0.32-0.22-0.75-0.370.030.240.4-0.680.03-0.26-0.4-0.01-0.65-0.02-0.420.1-0.28-0.3-0.790.03
0.720.360.370.750.620.770.560.550.760.530.36-0.690.410.140.580.83-0.530.10.240.710.240.710.570.540.03
Click cells to compare fundamentals

Bandhan Bank Account Relationship Matchups

Bandhan Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets917.2B1.1T1.4T1.6T1.8T913.5B
Other Current Liab(2.8B)(7.1B)(1.1B)(1.2B)488.7B513.2B
Total Current Liabilities2.8B4.2B1.1B1.2B491.5B516.1B
Total Stockholder Equity152.0B174.1B173.8B195.8B216.1B132.0B
Other Liab8.4B19.7B26.5B43.8B50.3B52.9B
Net Tangible Assets112.0B152.0B174.1B173.8B199.9B108.4B
Property Plant And Equipment Net3.7B4.9B5.9B8.5B11.7B12.3B
Net Debt58.4B110.4B106.0B164.6B2.0B1.9B
Retained Earnings47.6B61.7B60.1B74.5B86.8B43.6B
Cash83.5B61.9B93.2B82.5B224.2B235.4B
Non Current Assets Total3.7B4.9B5.9B8.5B1.9T2.0T
Non Currrent Assets Other(153.5B)(251.6B)(290.8B)(323.7B)(304.6B)(289.4B)
Other Assets887.9B1.1T1.3T1.5T(136.3B)(129.5B)
Cash And Short Term Investments25.6B36.6B55.5B21.4B22.2B27.9B
Net Receivables4.7B5.4B10.4B9.7B14.4B15.1B
Common Stock Shares Outstanding1.6B1.6B1.6B1.6B1.6B1.5B
Short Term Investments(57.9B)(25.4B)(37.7B)(61.1B)(201.9B)(191.8B)
Liabilities And Stockholders Equity917.2B1.1T1.4T1.6T1.8T913.5B
Other Current Assets88.9B2.4B104.6B96.8B7.2B6.8B
Other Stockholder Equity(96.9B)54.1B54.2B54.2B113.2B118.9B
Total Liab765.2B975.8B1.2T1.4T1.6T781.5B
Total Current Assets25.6B36.6B55.5B21.4B43.8B41.1B
Accumulated Other Comprehensive Income(3.6B)42.1B43.4B51.0B59.0B61.9B
Common Stock16.1B16.1B16.1B16.1B16.1B14.4B
Property Plant Equipment3.7B4.9B5.9B8.5B9.8B10.3B
Short Long Term Debt Total200.7B172.3B263.8B387.4B163.7B154.4B
Current Deferred Revenue(34.2B)2.9B(63.5B)(139.1B)(2.8B)(2.9B)
Accounts Payable2.8B4.2B1.1B1.2B2.8B1.6B
Long Term Debt163.8B169.6B199.2B247.1B284.2B298.4B
Long Term Debt Total163.8B169.6B199.2B247.1B284.2B298.4B
Non Current Liabilities Total134.3B64.1B119.2B109.7B1.7T1.8T
Capital Surpluse54.1B54.1B54.2B54.2B62.3B50.2B
Inventory(93.5B)(76.4B)(115.0B)(106.5B)(176.1B)(167.3B)
Long Term Investments153.5B251.6B290.8B323.7B292.9B194.2B
Short Term Debt37.0B1.2B64.6B140.3B163.1B171.3B
Earning Assets104.1B113.4B167.8B251.6B289.3B303.8B
Net Invested Capital293.9B343.7B373.0B442.9B379.8B321.9B
Capital Stock16.1B16.1B16.1B16.1B16.1B17.0B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Bandhan Stock

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