Axis Invested Capital vs Dividend Yield Analysis
AXB Stock | USD 70.20 0.60 0.85% |
Axis Bank financial indicator trend analysis is way more than just evaluating Axis Bank prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axis Bank is a good investment. Please check the relationship between Axis Bank Invested Capital and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Invested Capital vs Dividend Yield
Invested Capital vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Axis Bank Invested Capital account and Dividend Yield. At this time, the significance of the direction appears to have very week relationship.
The correlation between Axis Bank's Invested Capital and Dividend Yield is 0.27. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Axis Bank Ltd, assuming nothing else is changed. The correlation between historical values of Axis Bank's Invested Capital and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Axis Bank Ltd are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Invested Capital i.e., Axis Bank's Invested Capital and Dividend Yield go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Axis Bank Ltd. There are two different methods for calculating Axis Bank invested capital: operating approach and financing approach. Understanding Axis Bank invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Dividend Yield
Dividend Yield is Axis Bank Ltd dividend as a percentage of Axis Bank stock price. Axis Bank dividend yield is a measure of Axis Bank stock productivity, which can be interpreted as interest rate earned on an Axis Bank investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Axis Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axis 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. At this time, Axis Bank's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 12.42 this year, although the value of Selling General Administrative will most likely fall to about 3.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Net Interest Income | 339.2B | 440.6B | 513.7B | 355.2B | Tax Provision | 47.7B | 77.7B | 87.5B | 46.9B |
Axis Bank fundamental ratios Correlations
Click cells to compare fundamentals
Axis Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axis Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.3T | 10.1T | 12.0T | 13.4T | 15.2T | 11.8T | |
Other Current Liab | 37.9B | 36.9B | 70.3B | 85.0B | 97.7B | 61.4B | |
Total Current Liabilities | 6.5T | 7.1T | 8.3T | 9.5T | 10.9T | 7.6T | |
Total Stockholder Equity | 863.4B | 1.0T | 1.2T | 1.3T | 1.6T | 1.1T | |
Other Liab | 369.8B | 357.5B | 431.5B | 622.0B | 715.4B | 409.9B | |
Net Tangible Assets | 860.5B | 1.0T | 1.2T | 1.3T | 1.5T | 1.0T | |
Net Debt | 29.9B | 308.7B | 874.3B | 975.1B | 1.1T | 789.4B | |
Retained Earnings | 418.3B | 482.0B | 617.3B | 477.7B | 549.3B | 502.9B | |
Accounts Payable | 6.4T | 7.0T | 8.2T | 9.5T | 10.9T | 7.5T | |
Cash | 1.4T | 1.1T | 1.1T | 1.1T | 1.2T | 1.1T | |
Other Assets | 6.5T | 6.9T | 8.1T | 9.4T | 10.8T | 7.6T | |
Common Stock Shares Outstanding | 2.8B | 3.1B | 3.1B | 3.1B | 3.1B | 3.2B | |
Other Current Assets | 397.4B | 859.0B | 482.4B | 935.4B | 1.1T | 671.4B | |
Other Stockholder Equity | 27.8B | 35.1B | 43.7B | 1.3T | 1.5T | 1.6T | |
Total Liab | 8.4T | 9.1T | 10.8T | 12.1T | 13.6T | 10.7T | |
Net Invested Capital | 2.3T | 2.4T | 3.2T | 3.4T | 3.9T | 3.1T | |
Long Term Investments | 1.2T | 1.9T | 2.7T | 2.9T | 3.3T | 2.4T | |
Total Current Assets | 1.5T | 1.2T | 1.6T | 1.1T | 1.3T | 1.3T | |
Common Stock | 5.6B | 6.1B | 6.1B | 6.2B | 7.1B | 6.3B | |
Property Plant Equipment | 43.9B | 43.3B | 46.8B | 48.5B | 55.8B | 48.5B | |
Capital Stock | 5.6B | 6.1B | 6.1B | 6.2B | 6.2B | 6.5B |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Axis Bank using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axis Bank Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Axis Bank information on this page should be used as a complementary analysis to other Axis Bank's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Axis Stock analysis
When running Axis Bank's price analysis, check to measure Axis Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axis Bank is operating at the current time. Most of Axis Bank's value examination focuses on studying past and present price action to predict the probability of Axis Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axis Bank's price. Additionally, you may evaluate how the addition of Axis Bank to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
FinTech Suite Use AI to screen and filter profitable investment opportunities |