HDFC Common Stock vs Net Receivables Analysis

HDB Stock  USD 56.04  0.38  0.68%   
HDFC Bank financial indicator trend analysis is much more than just examining HDFC Bank Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HDFC Bank Limited is a good investment. Please check the relationship between HDFC Bank Common Stock and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HDFC Bank Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Common Stock vs Net Receivables

Common Stock vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HDFC Bank Limited Common Stock account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between HDFC Bank's Common Stock and Net Receivables is 0.55. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Receivables in the same time period over historical financial statements of HDFC Bank Limited, assuming nothing else is changed. The correlation between historical values of HDFC Bank's Common Stock and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of HDFC Bank Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Common Stock i.e., HDFC Bank's Common Stock and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock

Net Receivables

Most indicators from HDFC Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HDFC Bank Limited 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HDFC Bank Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
At present, HDFC Bank's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 40.3 T, whereas Tax Provision is forecasted to decline to about 112.4 B.
 2021 2022 2023 2024 (projected)
Gross Profit1.0T1.2T2.3T2.4T
Total Revenue1.0T1.2T2.3T2.4T

HDFC Bank fundamental ratios Correlations

1.00.910.980.960.950.980.970.380.410.540.950.97-0.870.940.830.910.890.780.40.890.520.880.950.940.92
1.00.920.980.960.950.980.970.380.430.540.950.96-0.860.940.840.890.880.760.420.890.520.870.960.930.93
0.910.920.950.940.880.950.940.330.650.510.910.8-0.850.860.90.70.680.510.640.880.550.650.970.750.94
0.980.980.950.970.980.990.990.360.560.530.960.91-0.90.940.910.810.790.650.560.90.530.770.980.860.94
0.960.960.940.970.950.970.960.520.570.650.930.88-0.910.930.880.780.760.620.570.860.640.760.970.830.94
0.950.950.880.980.950.970.960.40.550.540.930.89-0.920.940.890.780.770.630.540.830.530.750.930.840.89
0.980.980.950.990.970.970.980.40.580.570.960.91-0.930.950.90.810.790.640.560.910.570.770.980.860.96
0.970.970.940.990.960.960.980.340.540.510.970.91-0.90.940.880.820.80.660.530.870.520.780.970.860.93
0.380.380.330.360.520.40.40.340.390.940.390.3-0.450.410.370.240.230.130.40.390.90.290.450.270.53
0.410.430.650.560.570.550.580.540.390.480.570.18-0.620.460.780.0-0.04-0.261.00.570.6-0.070.640.070.66
0.540.540.510.530.650.540.570.510.940.480.560.45-0.60.560.520.390.370.250.480.550.980.410.610.410.67
0.950.950.910.960.930.930.960.970.390.570.560.88-0.90.930.860.790.760.610.560.870.570.740.960.820.94
0.970.960.80.910.880.890.910.910.30.180.450.88-0.810.930.670.980.970.90.170.790.40.960.850.990.81
-0.87-0.86-0.85-0.9-0.91-0.92-0.93-0.9-0.45-0.62-0.6-0.9-0.81-0.97-0.8-0.7-0.64-0.5-0.6-0.8-0.61-0.63-0.88-0.73-0.87
0.940.940.860.940.930.940.950.940.410.460.560.930.93-0.970.770.850.810.690.430.820.540.80.90.870.88
0.830.840.90.910.880.890.90.880.370.780.520.860.67-0.80.770.530.520.340.780.880.560.490.930.610.89
0.910.890.70.810.780.780.810.820.240.00.390.790.98-0.70.850.530.990.96-0.020.720.310.990.750.990.71
0.890.880.680.790.760.770.790.80.23-0.040.370.760.97-0.640.810.520.990.98-0.050.690.281.00.730.990.68
0.780.760.510.650.620.630.640.660.13-0.260.250.610.9-0.50.690.340.960.98-0.270.540.140.980.570.940.51
0.40.420.640.560.570.540.560.530.41.00.480.560.17-0.60.430.78-0.02-0.05-0.270.540.6-0.080.630.060.65
0.890.890.880.90.860.830.910.870.390.570.550.870.79-0.80.820.880.720.690.540.540.560.680.910.750.92
0.520.520.550.530.640.530.570.520.90.60.980.570.4-0.610.540.560.310.280.140.60.560.320.630.340.7
0.880.870.650.770.760.750.770.780.29-0.070.410.740.96-0.630.80.490.991.00.98-0.080.680.320.720.980.68
0.950.960.970.980.970.930.980.970.450.640.610.960.85-0.880.90.930.750.730.570.630.910.630.720.80.98
0.940.930.750.860.830.840.860.860.270.070.410.820.99-0.730.870.610.990.990.940.060.750.340.980.80.75
0.920.930.940.940.940.890.960.930.530.660.670.940.81-0.870.880.890.710.680.510.650.920.70.680.980.75
Click cells to compare fundamentals

HDFC Bank Account Relationship Matchups

HDFC Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.0T18.0T21.1T25.8T40.3T42.3T
Total Stockholder Equity1.9T2.2T2.5T2.9T4.6T4.8T
Other Liab546.9B776.5B685.8B777.4B894.0B938.7B
Retained Earnings713.3B897.9B1.2T1.4T1.7T1.7T
Accounts Payable259.3B346.0B365.7B437.3B502.9B528.0B
Cash726.7B1.0T1.6T2.4T2.3T2.4T
Other Assets7.5T7.9T10.2T12.9T14.9T15.6T
Long Term Debt1.0T1.8T1.6T2.6T3.0T3.1T
Total Liab14.1T15.8T18.6T22.8T7.3T6.3T
Common Stock5.5B5.5B5.5B5.6B7.6B4.7B
Property Plant Equipment46.3B51.0B62.8B82.8B95.2B100.0B
Short Long Term Debt Total1.5T1.5T2.2T3.2T7.3T7.7T
Other Current Liab(636.7B)(585.3B)(919.8B)(1.5T)(1.4T)(1.3T)
Total Current Liabilities636.7B585.3B919.8B1.5T1.8T1.8T
Property Plant And Equipment Net109.1B117.6B137.4B177.6B126.0B132.3B
Net Debt742.8B443.1B587.4B878.1B5.0T5.3T
Non Current Assets Total3.9T4.6T4.7T5.3T38.0T39.9T
Non Currrent Assets Other(3.9T)(4.6T)(4.7T)(5.3T)37.9T39.8T
Cash And Short Term Investments4.1T5.3T6.0T7.2T2.3T2.0T
Net Receivables405.5B204.4B230.5B330.8B380.4B399.4B
Common Stock Total Equity5.2B5.4B5.5B5.5B6.3B4.6B
Common Stock Shares Outstanding1.8B1.8B1.9B1.9B7.1B7.5B
Short Term Investments3.4T4.3T4.4T4.9T5.6T5.9T
Liabilities And Stockholders Equity16.0T18.0T21.1T25.8T12.0T7.6T
Non Current Liabilities Total1.1T1.2T1.6T2.2T7.3T7.7T
Other Stockholder Equity765.9B794.2B834.6B883.4B1.0T1.1T
Property Plant And Equipment Gross109.1B117.6B247.0B304.1B349.8B367.2B
Total Current Assets4.5T5.5T6.2T7.6T2.3T2.1T
Accumulated Other Comprehensive Income408.4B462.0B511.5B575.5B4.6T4.8T
Short Term Debt377.4B239.3B554.2B1.1T1.3T1.3T
Other Current Assets7.5T7.9T10.2T1.3T1.5T1.4T
Net Tangible Assets1.8T2.1T2.5T2.9T3.3T3.5T
Long Term Investments3.7T4.4T4.4T5.0T5.8T6.1T
Short Long Term Debt377.4B239.3B554.2B1.1T1.3T1.3T
Long Term Debt Total1.0T1.2T1.6T2.6T3.0T3.1T
Capital Surpluse765.9B794.2B834.6B665.4B765.2B674.5B
Capital Lease Obligations65.6B70.4B78.1B97.7B112.3B117.9B

Also Currently Popular

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.
When determining whether HDFC Bank Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HDFC Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hdfc Bank Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hdfc Bank Limited Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HDFC Bank Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the HDFC Bank Limited information on this page should be used as a complementary analysis to other HDFC 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for HDFC Stock analysis

When running HDFC Bank's price analysis, check to measure HDFC 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 HDFC Bank is operating at the current time. Most of HDFC Bank's value examination focuses on studying past and present price action to predict the probability of HDFC 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 HDFC Bank's price. Additionally, you may evaluate how the addition of HDFC Bank to your portfolios can decrease your overall portfolio volatility.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Is HDFC Bank's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HDFC Bank. If investors know HDFC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HDFC Bank listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.029
Dividend Share
19.5
Earnings Share
3.18
Revenue Per Share
193.7952
Quarterly Revenue Growth
1.132
The market value of HDFC Bank Limited is measured differently than its book value, which is the value of HDFC that is recorded on the company's balance sheet. Investors also form their own opinion of HDFC Bank's value that differs from its market value or its book value, called intrinsic value, which is HDFC Bank's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HDFC Bank's market value can be influenced by many factors that don't directly affect HDFC Bank's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HDFC Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if HDFC Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HDFC Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.