KOTAKBANK | | | 1,806 32.65 1.84% |
Kotak Mahindra financial indicator trend analysis is infinitely more than just investigating Kotak Mahindra Bank recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Kotak Mahindra Bank is a good investment. Please check the relationship between Kotak Mahindra Long Term Debt and its Other Stockholder Equity accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kotak Mahindra Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
Long Term Debt vs Other Stockholder Equity
Long Term Debt vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Kotak Mahindra Bank Long Term Debt account and
Other Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Kotak Mahindra's Long Term Debt and Other Stockholder Equity is 0.19. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Kotak Mahindra Bank, assuming nothing else is changed. The correlation between historical values of Kotak Mahindra's Long Term Debt and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Kotak Mahindra Bank are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Long Term Debt i.e., Kotak Mahindra's Long Term Debt and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.19 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Long Term Debt
Long-term debt is a debt that Kotak Mahindra Bank has held for over one year. Long-term debt appears on Kotak Mahindra Bank balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Kotak Mahindra Bank balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Other Stockholder Equity
Most indicators from Kotak Mahindra's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Kotak Mahindra 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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kotak Mahindra Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in industry.
The current year's
Selling General Administrative is expected to grow to about 14.5
B, whereas
Tax Provision is forecasted to decline to about 38.2
B.
Kotak Mahindra fundamental ratios Correlations
Click cells to compare fundamentals
Kotak Mahindra Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Kotak Mahindra 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 Kotak Stock
Balance Sheet is a snapshot of the
financial position of Kotak Mahindra Bank at a specified time, usually calculated after every quarter, six months, or one year. Kotak Mahindra Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Kotak Mahindra 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 Kotak currently owns. An asset can also be divided into two categories, current and non-current.