ICICI Gross Profit vs Minority Interest Analysis

IBN Stock  USD 26.53  0.07  0.26%   
ICICI Bank financial indicator trend analysis is infinitely more than just investigating ICICI Bank Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ICICI Bank Limited is a good investment. Please check the relationship between ICICI Bank Gross Profit and its Minority Interest accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICICI 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 bureau of labor statistics.

Gross Profit vs Minority Interest

Gross Profit vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ICICI Bank Limited Gross Profit account and Minority Interest. At this time, the significance of the direction appears to have strong relationship.
The correlation between ICICI Bank's Gross Profit and Minority Interest is 0.69. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Minority Interest in the same time period over historical financial statements of ICICI Bank Limited, assuming nothing else is changed. The correlation between historical values of ICICI Bank's Gross Profit and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of ICICI Bank Limited are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Gross Profit i.e., ICICI Bank's Gross Profit and Minority Interest go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ICICI Bank Limited minus its cost of goods sold. It is profit before ICICI Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of ICICI Bank Limited whose combined shares represent less than 50% of the total outstanding shares issued by ICICI Bank have a minority interest in ICICI Bank.
Most indicators from ICICI Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ICICI 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 ICICI 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 bureau of labor statistics.
At this time, ICICI Bank's Tax Provision is very stable compared to the past year. As of the 27th of April 2024, Sales General And Administrative To Revenue is likely to grow to 2,058, while Selling General Administrative is likely to drop about 86.8 B.
 2020 2021 2023 2024 (projected)
Interest Expense446.7B411.7B473.4B250.6B
Depreciation And Amortization13.7B14.8B17.0B8.7B

ICICI Bank fundamental ratios Correlations

0.35-0.190.210.990.940.940.95-0.510.94-0.720.970.850.120.930.750.95-0.720.80.62-0.14-0.29-0.740.85-0.861.0
0.350.120.150.30.140.160.540.580.1-0.570.190.21-0.420.420.40.16-0.83-0.040.820.030.71-0.020.06-0.010.36
-0.190.120.89-0.24-0.19-0.25-0.10.33-0.230.17-0.29-0.670.240.190.07-0.420.01-0.4-0.09-0.680.330.37-0.290.14-0.19
0.210.150.890.180.190.150.220.010.17-0.040.12-0.310.470.550.30.0-0.18-0.050.11-0.760.030.070.04-0.260.21
0.990.3-0.240.180.920.940.92-0.550.95-0.70.980.870.170.90.710.96-0.690.790.61-0.09-0.36-0.720.83-0.860.99
0.940.14-0.190.190.920.950.88-0.680.99-0.610.950.790.150.860.770.93-0.540.880.4-0.11-0.41-0.830.91-0.920.94
0.940.16-0.250.150.940.950.88-0.660.96-0.710.960.840.20.840.70.95-0.570.830.51-0.08-0.44-0.760.88-0.880.94
0.950.54-0.10.220.920.880.88-0.310.87-0.80.890.77-0.070.910.850.86-0.850.670.72-0.09-0.03-0.650.76-0.740.95
-0.510.580.330.01-0.55-0.68-0.66-0.31-0.710.14-0.67-0.54-0.44-0.37-0.29-0.66-0.12-0.690.160.120.880.61-0.660.71-0.51
0.940.1-0.230.170.950.990.960.87-0.71-0.580.970.820.250.850.780.96-0.510.860.4-0.06-0.49-0.780.86-0.910.94
-0.72-0.570.17-0.04-0.7-0.61-0.71-0.80.14-0.58-0.66-0.660.31-0.65-0.51-0.620.87-0.47-0.85-0.02-0.140.55-0.610.55-0.72
0.970.19-0.290.120.980.950.960.89-0.670.97-0.660.880.20.860.720.98-0.60.810.51-0.1-0.44-0.730.84-0.860.97
0.850.21-0.67-0.310.870.790.840.77-0.540.82-0.660.88-0.080.60.490.92-0.570.820.550.24-0.36-0.770.81-0.730.85
0.12-0.420.240.470.170.150.2-0.07-0.440.250.310.2-0.080.20.040.210.330.07-0.28-0.3-0.710.14-0.04-0.240.11
0.930.420.190.550.90.860.840.91-0.370.85-0.650.860.60.20.780.79-0.730.630.59-0.39-0.15-0.590.73-0.80.93
0.750.40.070.30.710.770.70.85-0.290.78-0.510.720.490.040.780.71-0.610.490.41-0.02-0.03-0.460.55-0.560.75
0.950.16-0.420.00.960.930.950.86-0.660.96-0.620.980.920.210.790.71-0.550.830.480.06-0.49-0.740.83-0.840.94
-0.72-0.830.01-0.18-0.69-0.54-0.57-0.85-0.12-0.510.87-0.6-0.570.33-0.73-0.61-0.55-0.35-0.910.09-0.370.41-0.480.44-0.72
0.8-0.04-0.4-0.050.790.880.830.67-0.690.86-0.470.810.820.070.630.490.83-0.350.26-0.03-0.51-0.960.97-0.930.8
0.620.82-0.090.110.610.40.510.720.160.4-0.850.510.55-0.280.590.410.48-0.910.26-0.010.32-0.320.39-0.360.62
-0.140.03-0.68-0.76-0.09-0.11-0.08-0.090.12-0.06-0.02-0.10.24-0.3-0.39-0.020.060.09-0.03-0.010.040.03-0.160.24-0.14
-0.290.710.330.03-0.36-0.41-0.44-0.030.88-0.49-0.14-0.44-0.36-0.71-0.15-0.03-0.49-0.37-0.510.320.040.35-0.390.52-0.28
-0.74-0.020.370.07-0.72-0.83-0.76-0.650.61-0.780.55-0.73-0.770.14-0.59-0.46-0.740.41-0.96-0.320.030.35-0.960.9-0.74
0.850.06-0.290.040.830.910.880.76-0.660.86-0.610.840.81-0.040.730.550.83-0.480.970.39-0.16-0.39-0.96-0.930.85
-0.86-0.010.14-0.26-0.86-0.92-0.88-0.740.71-0.910.55-0.86-0.73-0.24-0.8-0.56-0.840.44-0.93-0.360.240.520.9-0.93-0.86
1.00.36-0.190.210.990.940.940.95-0.510.94-0.720.970.850.110.930.750.94-0.720.80.62-0.14-0.28-0.740.85-0.86
Click cells to compare fundamentals

ICICI Bank Account Relationship Matchups

ICICI Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab(55.7B)(63.1B)(67.0B)(117.9B)(135.6B)(128.8B)
Total Current Liabilities55.7B63.1B67.0B117.9B135.6B100.7B
Other Liab1.9T3.0T3.1T3.4T3.9T4.1T
Net Tangible Assets1.2T1.6T1.8T2.1T2.5T2.6T
Retained Earnings695.5B889.4B1.1T1.4T1.6T1.7T
Non Current Assets Total4.1T4.5T5.5T5.8T6.6T7.0T
Non Currrent Assets Other(4.1T)(4.5T)(5.5T)(119.9B)(107.9B)(113.3B)
Other Assets7.0T7.8T8.7T9.5T10.9T11.5T
Long Term Debt2.1T1.4T1.6T1.9T2.2T2.3T
Cash And Short Term Investments1.2T1.3T1.5T2.1T2.5T2.6T
Non Current Liabilities Total2.0T2.1T1.4T117.9B135.6B128.8B
Inventory(1.5T)(1.6T)(1.9T)(1.5T)(1.4T)(1.3T)
Other Current Assets1.5T1.6T1.9T1.5T1.7T1.8T
Other Stockholder Equity(695.4B)(889.4B)(1.1T)(1.4T)(1.3T)(1.2T)
Long Term Investments4.4T5.4T5.7T6.4T7.4T7.7T
Property Plant And Equipment Gross104.1B108.1B211.0B223.2B256.7B269.6B
Short Long Term Debt32.4B42.2B90.4B98.0B88.2B124.9B
Total Current Assets1.3T1.4T1.6T2.2T2.6T2.7T
Property Plant Equipment104.1B108.1B106.1B109.7B126.1B132.5B
Long Term Debt Total2.1T1.4T1.5T1.9T2.2T1.9T
Capital Surpluse335.9B489.7B497.6B507.2B583.3B383.0B

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When determining whether ICICI 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 ICICI 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 Icici Bank Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Icici Bank Limited Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ICICI 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 bureau of labor statistics.
Note that the ICICI Bank Limited information on this page should be used as a complementary analysis to other ICICI 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running ICICI Bank's price analysis, check to measure ICICI 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 ICICI Bank is operating at the current time. Most of ICICI Bank's value examination focuses on studying past and present price action to predict the probability of ICICI 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 ICICI Bank's price. Additionally, you may evaluate how the addition of ICICI Bank to your portfolios can decrease your overall portfolio volatility.
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Is ICICI 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 ICICI Bank. If investors know ICICI 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 ICICI 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
0.253
Earnings Share
1.43
Revenue Per Share
394.798
Quarterly Revenue Growth
0.204
Return On Assets
0.0216
The market value of ICICI Bank Limited is measured differently than its book value, which is the value of ICICI that is recorded on the company's balance sheet. Investors also form their own opinion of ICICI Bank's value that differs from its market value or its book value, called intrinsic value, which is ICICI 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 ICICI Bank's market value can be influenced by many factors that don't directly affect ICICI 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 ICICI Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICICI Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICICI 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.