CREDITACCESS Net Income vs Issuance Of Capital Stock Analysis

CREDITACC   999.55  29.55  2.87%   
CREDITACCESS GRAMEEN financial indicator trend analysis is way more than just evaluating CREDITACCESS GRAMEEN prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CREDITACCESS GRAMEEN is a good investment. Please check the relationship between CREDITACCESS GRAMEEN Net Income and its Issuance Of Capital Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CREDITACCESS GRAMEEN 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 gross domestic product.

Net Income vs Issuance Of Capital Stock

Net Income vs Issuance Of Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CREDITACCESS GRAMEEN Net Income account and Issuance Of Capital Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between CREDITACCESS GRAMEEN's Net Income and Issuance Of Capital Stock is -0.78. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Issuance Of Capital Stock in the same time period over historical financial statements of CREDITACCESS GRAMEEN LIMITED, assuming nothing else is changed. The correlation between historical values of CREDITACCESS GRAMEEN's Net Income and Issuance Of Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of CREDITACCESS GRAMEEN LIMITED are associated (or correlated) with its Issuance Of Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Issuance Of Capital Stock has no effect on the direction of Net Income i.e., CREDITACCESS GRAMEEN's Net Income and Issuance Of Capital Stock go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in CREDITACCESS GRAMEEN financial statement analysis. It represents the amount of money remaining after all of CREDITACCESS GRAMEEN LIMITED operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Issuance Of Capital Stock

Most indicators from CREDITACCESS GRAMEEN's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CREDITACCESS GRAMEEN 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 CREDITACCESS GRAMEEN 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 gross domestic product.
At present, CREDITACCESS GRAMEEN's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 6 B, whereas Issuance Of Capital Stock is forecasted to decline to about 128.8 M.
 2022 2023 2024 2025 (projected)
Interest Expense230.8M2.2B2.5B2.6B
Depreciation And Amortization11.6B511.5M588.2M558.8M

CREDITACCESS GRAMEEN fundamental ratios Correlations

0.970.720.911.00.971.00.970.660.890.890.960.840.830.890.840.891.00.970.910.710.790.90.95-0.831.0
0.970.760.880.970.990.960.890.770.820.810.950.880.750.820.740.870.970.930.880.830.860.760.85-0.720.97
0.720.760.630.730.70.710.650.560.610.590.680.590.370.610.50.710.710.690.630.550.720.540.61-0.530.72
0.910.880.630.910.90.90.820.690.650.650.880.830.720.640.60.680.910.981.00.740.780.870.92-0.60.91
1.00.970.730.910.960.990.960.670.880.880.970.850.830.880.820.91.00.980.910.70.810.890.95-0.821.0
0.970.990.70.90.960.960.890.760.820.810.950.890.790.810.760.830.970.940.90.850.810.790.86-0.720.97
1.00.960.710.90.990.960.980.610.910.910.950.820.840.90.860.891.00.970.90.680.760.910.96-0.851.0
0.970.890.650.820.960.890.980.490.970.960.910.740.880.960.930.90.970.920.820.540.650.930.96-0.930.97
0.660.770.560.690.670.760.610.490.380.380.790.80.450.390.250.490.650.670.690.850.780.390.5-0.280.65
0.890.820.610.650.880.820.910.970.381.00.840.630.841.00.970.910.90.790.650.440.550.840.85-0.970.9
0.890.810.590.650.880.810.910.960.381.00.840.630.851.00.970.90.890.790.640.440.530.840.85-0.970.89
0.960.950.680.880.970.950.950.910.790.840.840.840.820.840.750.830.960.940.880.730.770.830.9-0.770.96
0.840.880.590.830.850.890.820.740.80.630.630.840.710.630.570.730.830.840.830.850.870.640.74-0.550.84
0.830.750.370.720.830.790.840.880.450.840.850.820.710.830.830.730.840.80.720.50.450.840.86-0.820.84
0.890.820.610.640.880.810.90.960.391.01.00.840.630.830.970.910.890.780.640.440.550.830.84-0.970.89
0.840.740.50.60.820.760.860.930.250.970.970.750.570.830.970.880.840.740.60.40.460.820.82-0.960.84
0.890.870.710.680.90.830.890.90.490.910.90.830.730.730.910.880.880.80.680.550.760.740.8-0.840.89
1.00.970.710.911.00.971.00.970.650.90.890.960.830.840.890.840.880.970.910.710.780.90.95-0.831.0
0.970.930.690.980.980.940.970.920.670.790.790.940.840.80.780.740.80.970.980.710.790.920.97-0.740.97
0.910.880.631.00.910.90.90.820.690.650.640.880.830.720.640.60.680.910.980.740.780.870.92-0.590.91
0.710.830.550.740.70.850.680.540.850.440.440.730.850.50.440.40.550.710.710.740.80.440.54-0.330.71
0.790.860.720.780.810.810.760.650.780.550.530.770.870.450.550.460.760.780.790.780.80.550.66-0.460.78
0.90.760.540.870.890.790.910.930.390.840.840.830.640.840.830.820.740.90.920.870.440.550.99-0.850.9
0.950.850.610.920.950.860.960.960.50.850.850.90.740.860.840.820.80.950.970.920.540.660.99-0.840.95
-0.83-0.72-0.53-0.6-0.82-0.72-0.85-0.93-0.28-0.97-0.97-0.77-0.55-0.82-0.97-0.96-0.84-0.83-0.74-0.59-0.33-0.46-0.85-0.84-0.83
1.00.970.720.911.00.971.00.970.650.90.890.960.840.840.890.840.891.00.970.910.710.780.90.95-0.83
Click cells to compare fundamentals

CREDITACCESS GRAMEEN Account Relationship Matchups

CREDITACCESS GRAMEEN fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets150.6B173.9B218.6B288.5B331.7B348.3B
Short Long Term Debt Total172.4B200.5B163.1B218.4B251.2B263.7B
Other Current Liab1.7B2.2B789M2.9B3.3B3.5B
Total Current Liabilities64.5B74.2B166.9B102.0B117.2B123.1B
Total Stockholder Equity36.9B39.8B51.1B65.7B75.6B79.3B
Property Plant And Equipment Net916.5M1.1B968.1M1.2B1.4B1.5B
Net Debt86.6B114.3B149.7B207.3B238.4B250.4B
Retained Earnings9.2B12.1B18.6B38.4B44.1B46.3B
Cash23.6B15.8B13.4B11.1B12.7B8.1B
Non Current Assets Total50.7B67.0B7.4B277.4B319.0B334.9B
Non Currrent Assets Other44.7B60.5B2.7B269.9B310.4B325.9B
Cash And Short Term Investments24.7B16.8B20.4B26.4B30.4B31.9B
Common Stock Shares Outstanding150.5M159.0M159.4M159.9M183.9M138.3M
Short Term Investments1.1B992.1M7.0B15.4B17.7B18.5B
Liabilities And Stockholders Equity150.6B173.9B218.6B288.5B331.7B348.3B
Non Current Liabilities Total48.1B59.0B562.6M222.8B256.2B269.0B
Other Current Assets123.3M99.4M186.3M154.3B177.4B186.3B
Other Stockholder Equity13.4B8.7B6.2B25.0B28.7B30.2B
Total Liab112.6B133.2B167.5B222.8B256.2B269.0B
Total Current Assets99.9B107.0B211.2B180.7B207.8B218.2B
Accumulated Other Comprehensive Income3.5B3.4B6.1B764.8M879.5M1.2B
Short Term Debt62.2B71.3B163.1B98.7B113.5B119.2B
Intangible Assets1.6B1.5B1.3B1.2B1.3B705.0M
Common Stock1.6B1.6B1.6B1.6B1.8B1.3B
Other Liab115.7M151.6M86.3M4.0B4.6B4.9B
Net Tangible Assets22.4B32.1B35.1B138.0B158.7B166.7B
Other Assets1.0B(100K)809.3M(169.6B)(152.6B)(145.0B)
Long Term Debt109.4B129.2B163.1B218.4B251.2B263.7B
Net Receivables1.1B941M1.2B785.5M707.0M671.6M
Short Long Term Debt62.1B71.2B163.1B98.7B113.5B58.4B
Property Plant Equipment862.9M916.5M1.1B968.3M1.1B1.2B
Long Term Debt Total95.9B110.2B129.2B163.1B187.6B197.0B
Capital Surpluse14.8B22.6B22.7B24.8B28.5B15.7B
Inventory74.0B89.1B189.4B264.0B303.6B318.7B
Accounts Payable625.5M404.6M440.5M365.2M420.0M322.8M
Cash And Equivalents4.4B21.3B14.7B13.4B15.4B9.3B
Net Invested Capital146.3B169.0B214.2B284.1B326.7B166.4B
Net Working Capital140.3B162.9B44.2B262.2B301.5B316.6B
Capital Stock1.6B1.6B1.6B1.6B1.8B1.7B

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Other Information on Investing in CREDITACCESS Stock

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