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 Total Stockholder Equity and its Net Tangible Assets 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.
Total Stockholder Equity vs Net Tangible Assets
Total Stockholder Equity vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bandhan Bank Limited Total Stockholder Equity account and
Net Tangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Bandhan Bank's Total Stockholder Equity and Net Tangible Assets is 1.0. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Tangible Assets 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 Total Stockholder Equity and Net Tangible Assets 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 Stockholder Equity of Bandhan Bank Limited are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Stockholder Equity i.e., Bandhan Bank's Total Stockholder Equity and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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.
Bandhan Bank fundamental ratios Correlations
Click cells to compare fundamentals
Bandhan Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bandhan Bank fundamental ratios Accounts
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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.