SBI Research Development vs Net Income 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 Research Development and its Net Income 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.

Research Development vs Net Income

Research Development vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SBI Cards Research Development account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between SBI Cards' Research Development and Net Income is 0.71. Overlapping area represents the amount of variation of Research Development that can explain the historical movement of Net Income 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' Research Development and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Research Development of SBI Cards and are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Research Development i.e., SBI Cards' Research Development and Net Income go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Research Development

Net Income

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