SBI Depreciation vs Capital Expenditures Analysis

SBICARD Stock   734.70  21.15  2.96%   
SBI Cards financial indicator trend analysis is much more than just breaking down SBI Cards prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SBI Cards is a good investment. Please check the relationship between SBI Cards Depreciation and its Capital Expenditures accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBI Cards and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBI Cards Depreciation account and Capital Expenditures. At this time, the significance of the direction appears to have very strong relationship.
The correlation between SBI Cards' Depreciation and Capital Expenditures is 0.8. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of SBI Cards and, assuming nothing else is changed. The correlation between historical values of SBI Cards' Depreciation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of SBI Cards and are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., SBI Cards' Depreciation and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation

Depreciation indicates how much of SBI Cards value has been used up. For tax purposes SBI Cards can deduct the cost of the tangible assets it purchases as business expenses. However, SBI Cards and must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Capital Expenditures

Capital Expenditures are funds used by SBI Cards to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of SBI Cards operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from SBI Cards' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SBI Cards 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SBI Cards and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 9.8 B, whereas Tax Provision is forecasted to decline to about 5.4 B.
 2022 2023 2024 2025 (projected)
Gross Profit87.7B66.6B76.6B45.3B
Total Revenue112.7B110.9B127.6B133.9B

SBI Cards fundamental ratios Correlations

1.00.991.00.970.041.00.970.82-0.85-0.040.950.840.860.821.00.950.890.56-0.830.79-0.70.370.980.930.85
1.00.990.990.970.070.990.960.8-0.86-0.020.940.860.850.811.00.940.880.6-0.820.81-0.730.340.970.910.85
0.990.990.990.990.150.990.950.75-0.840.070.910.830.80.760.990.90.890.58-0.770.8-0.710.360.940.90.88
1.00.990.990.970.081.00.960.8-0.840.00.930.830.840.821.00.930.910.55-0.810.78-0.690.40.960.920.87
0.970.970.990.970.230.970.910.68-0.880.150.860.870.740.70.970.860.880.67-0.70.86-0.780.260.90.870.89
0.040.070.150.080.230.05-0.17-0.53-0.150.99-0.270.29-0.46-0.40.03-0.270.210.610.490.45-0.49-0.13-0.17-0.110.39
1.00.990.991.00.970.050.970.81-0.84-0.020.940.820.850.821.00.940.90.54-0.820.77-0.680.410.970.930.86
0.970.960.950.960.91-0.170.970.92-0.8-0.240.990.760.940.870.980.990.810.42-0.920.68-0.580.370.990.950.74
0.820.80.750.80.68-0.530.810.92-0.61-0.60.950.530.990.910.830.950.620.11-0.980.4-0.30.390.920.850.49
-0.85-0.86-0.84-0.84-0.88-0.15-0.84-0.8-0.61-0.05-0.78-0.9-0.69-0.7-0.85-0.79-0.77-0.790.68-0.910.88-0.11-0.81-0.71-0.77
-0.04-0.020.070.00.150.99-0.02-0.24-0.6-0.05-0.350.19-0.54-0.46-0.05-0.350.150.520.560.35-0.39-0.12-0.25-0.180.33
0.950.940.910.930.86-0.270.940.990.95-0.78-0.350.730.970.910.951.00.770.37-0.950.63-0.540.360.990.920.69
0.840.860.830.830.870.290.820.760.53-0.90.190.730.620.620.840.740.860.85-0.570.94-0.920.090.760.660.82
0.860.850.80.840.74-0.460.850.940.99-0.69-0.540.970.620.910.870.970.660.23-0.980.49-0.40.380.950.870.54
0.820.810.760.820.7-0.40.820.870.91-0.7-0.460.910.620.910.830.90.730.24-0.910.51-0.420.290.890.730.6
1.01.00.991.00.970.031.00.980.83-0.85-0.050.950.840.870.830.950.880.56-0.840.79-0.70.360.980.930.84
0.950.940.90.930.86-0.270.940.990.95-0.79-0.351.00.740.970.90.950.760.39-0.950.65-0.560.350.990.910.68
0.890.880.890.910.880.210.90.810.62-0.770.150.770.860.660.730.880.760.56-0.640.75-0.670.30.820.750.95
0.560.60.580.550.670.610.540.420.11-0.790.520.370.850.230.240.560.390.56-0.190.95-0.98-0.110.420.330.64
-0.83-0.82-0.77-0.81-0.70.49-0.82-0.92-0.980.680.56-0.95-0.57-0.98-0.91-0.84-0.95-0.64-0.19-0.460.37-0.37-0.93-0.85-0.55
0.790.810.80.780.860.450.770.680.4-0.910.350.630.940.490.510.790.650.750.95-0.46-0.990.010.680.580.79
-0.7-0.73-0.71-0.69-0.78-0.49-0.68-0.58-0.30.88-0.39-0.54-0.92-0.4-0.42-0.7-0.56-0.67-0.980.37-0.990.08-0.58-0.48-0.72
0.370.340.360.40.26-0.130.410.370.39-0.11-0.120.360.090.380.290.360.350.3-0.11-0.370.010.080.380.460.35
0.980.970.940.960.9-0.170.970.990.92-0.81-0.250.990.760.950.890.980.990.820.42-0.930.68-0.580.380.940.75
0.930.910.90.920.87-0.110.930.950.85-0.71-0.180.920.660.870.730.930.910.750.33-0.850.58-0.480.460.940.7
0.850.850.880.870.890.390.860.740.49-0.770.330.690.820.540.60.840.680.950.64-0.550.79-0.720.350.750.7
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SBI Cards Account Relationship Matchups

SBI Cards fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets270.1B346.5B455.5B581.7B669.0B702.4B
Short Long Term Debt Total180.7B232.8B311.1B398.9B458.7B481.7B
Total Current Liabilities7.5B11.2B14.0B15.1B17.3B18.2B
Total Stockholder Equity63.0B77.5B98.3B120.8B139.0B145.9B
Property Plant And Equipment Net2.2B3.2B4.5B4.4B5.0B5.3B
Net Debt174.0B225.0B297.6B(23.9B)(27.5B)(26.2B)
Retained Earnings34.2B44.8B60.4B77.3B88.9B93.3B
Cash6.7B7.8B13.5B23.9B27.5B28.9B
Non Current Assets Total3.2B4.5B5.7B593.2B682.2B716.3B
Non Currrent Assets Other(3.2B)(4.5B)(5.7B)(42.0B)(37.8B)(35.9B)
Other Assets260.5B334.4B439.8B(38.8B)(44.6B)(42.4B)
Cash And Short Term Investments6.4B7.6B9.9B27.3B31.4B33.0B
Common Stock Shares Outstanding948.6M949.3M949M949.2M1.1B977.0M
Liabilities And Stockholders Equity270.1B346.5B455.5B581.7B669.0B702.4B
Non Current Liabilities Total46.9B63.5B83.0B825.4B949.2B996.7B
Other Stockholder Equity9.4B9.9B(8.3B)34.1B39.2B41.1B
Total Liab207.1B269.0B357.2B460.9B530.0B556.5B
Total Current Assets6.4B7.6B9.9B27.3B31.4B33.0B
Accumulated Other Comprehensive Income10.8B14.1B18.6B23.2B26.7B28.0B
Common Stock9.4B9.4B9.5B9.5B10.9B9.4B
Other Current Liab(5.0B)(4.4B)(5.3B)(15.1B)(17.3B)(18.2B)
Current Deferred Revenue3.7B4.4B5.3B(383.8B)(345.5B)(328.2B)
Accounts Payable8.8B11.2B14.0B15.1B17.3B18.2B
Net Receivables1.3B5.9B1.4B2.4B2.2B2.1B
Other Current Assets(16.8B)(24.6B)(25.9B)(29.7B)(34.2B)(35.9B)
Short Term Debt132.7B166.9B229.0B398.9B458.7B481.7B
Other Liab1.4B1.3B1.6B15.1B17.4B18.3B
Net Tangible Assets35.1B52.5B62.0B76.2B87.7B48.3B
Good Will4.0B2.2B2.5B3.5B4.1B2.6B
Inventory223.8B15.5B18.7B24.5B22.0B20.9B
Long Term Investments11.8B15.1B25.6B38.5B44.3B46.5B
Intangible Assets992.4M1.3B1.2B1.3B1.4B1.5B
Property Plant Equipment1.4B2.4B2.2B3.2B3.7B1.9B
Short Term Investments(290.4M)(268.3M)(3.6B)3.4B3.0B3.2B
Deferred Long Term Liab4.9B6.5B5.8B6.2B7.1B5.8B
Net Invested Capital243.7B307.4B409.4B519.8B597.7B316.2B
Capital Stock9.4B9.4B9.5B9.5B10.9B10.2B
Property Plant And Equipment Gross4.2B5.7B4.5B4.4B5.0B4.9B

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Other Information on Investing in SBI Stock

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