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 Direction | Positive |
Relationship Strength | Weak |
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 Profit | 1.0T | 1.2T | 2.3T | 2.4T | Total Revenue | 1.0T | 1.2T | 2.3T | 2.4T |
HDFC Bank fundamental ratios Correlations
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HDFC Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HDFC Bank fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.0T | 18.0T | 21.1T | 25.8T | 40.3T | 42.3T | |
Total Stockholder Equity | 1.9T | 2.2T | 2.5T | 2.9T | 4.6T | 4.8T | |
Other Liab | 546.9B | 776.5B | 685.8B | 777.4B | 894.0B | 938.7B | |
Retained Earnings | 713.3B | 897.9B | 1.2T | 1.4T | 1.7T | 1.7T | |
Accounts Payable | 259.3B | 346.0B | 365.7B | 437.3B | 502.9B | 528.0B | |
Cash | 726.7B | 1.0T | 1.6T | 2.4T | 2.3T | 2.4T | |
Other Assets | 7.5T | 7.9T | 10.2T | 12.9T | 14.9T | 15.6T | |
Long Term Debt | 1.0T | 1.8T | 1.6T | 2.6T | 3.0T | 3.1T | |
Total Liab | 14.1T | 15.8T | 18.6T | 22.8T | 7.3T | 6.3T | |
Common Stock | 5.5B | 5.5B | 5.5B | 5.6B | 7.6B | 4.7B | |
Property Plant Equipment | 46.3B | 51.0B | 62.8B | 82.8B | 95.2B | 100.0B | |
Short Long Term Debt Total | 1.5T | 1.5T | 2.2T | 3.2T | 7.3T | 7.7T | |
Other Current Liab | (636.7B) | (585.3B) | (919.8B) | (1.5T) | (1.4T) | (1.3T) | |
Total Current Liabilities | 636.7B | 585.3B | 919.8B | 1.5T | 1.8T | 1.8T | |
Property Plant And Equipment Net | 109.1B | 117.6B | 137.4B | 177.6B | 126.0B | 132.3B | |
Net Debt | 742.8B | 443.1B | 587.4B | 878.1B | 5.0T | 5.3T | |
Non Current Assets Total | 3.9T | 4.6T | 4.7T | 5.3T | 38.0T | 39.9T | |
Non Currrent Assets Other | (3.9T) | (4.6T) | (4.7T) | (5.3T) | 37.9T | 39.8T | |
Cash And Short Term Investments | 4.1T | 5.3T | 6.0T | 7.2T | 2.3T | 2.0T | |
Net Receivables | 405.5B | 204.4B | 230.5B | 330.8B | 380.4B | 399.4B | |
Common Stock Total Equity | 5.2B | 5.4B | 5.5B | 5.5B | 6.3B | 4.6B | |
Common Stock Shares Outstanding | 1.8B | 1.8B | 1.9B | 1.9B | 7.1B | 7.5B | |
Short Term Investments | 3.4T | 4.3T | 4.4T | 4.9T | 5.6T | 5.9T | |
Liabilities And Stockholders Equity | 16.0T | 18.0T | 21.1T | 25.8T | 12.0T | 7.6T | |
Non Current Liabilities Total | 1.1T | 1.2T | 1.6T | 2.2T | 7.3T | 7.7T | |
Other Stockholder Equity | 765.9B | 794.2B | 834.6B | 883.4B | 1.0T | 1.1T | |
Property Plant And Equipment Gross | 109.1B | 117.6B | 247.0B | 304.1B | 349.8B | 367.2B | |
Total Current Assets | 4.5T | 5.5T | 6.2T | 7.6T | 2.3T | 2.1T | |
Accumulated Other Comprehensive Income | 408.4B | 462.0B | 511.5B | 575.5B | 4.6T | 4.8T | |
Short Term Debt | 377.4B | 239.3B | 554.2B | 1.1T | 1.3T | 1.3T | |
Other Current Assets | 7.5T | 7.9T | 10.2T | 1.3T | 1.5T | 1.4T | |
Net Tangible Assets | 1.8T | 2.1T | 2.5T | 2.9T | 3.3T | 3.5T | |
Long Term Investments | 3.7T | 4.4T | 4.4T | 5.0T | 5.8T | 6.1T | |
Short Long Term Debt | 377.4B | 239.3B | 554.2B | 1.1T | 1.3T | 1.3T | |
Long Term Debt Total | 1.0T | 1.2T | 1.6T | 2.6T | 3.0T | 3.1T | |
Capital Surpluse | 765.9B | 794.2B | 834.6B | 665.4B | 765.2B | 674.5B | |
Capital Lease Obligations | 65.6B | 70.4B | 78.1B | 97.7B | 112.3B | 117.9B |
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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.
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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.
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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.