CSBBANK Stock | | | 310.70 6.30 1.99% |
CSB Bank financial indicator trend analysis is way more than just evaluating CSB Bank Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CSB Bank Limited is a good investment. Please check the relationship between CSB Bank Cash And Short Term Investments and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CSB Bank Limited. 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.
Cash And Short Term Investments vs Inventory
Cash And Short Term Investments vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CSB Bank Limited Cash And Short Term Investments account and
Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between CSB Bank's Cash And Short Term Investments and Inventory is 0.14. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of CSB Bank Limited, assuming nothing else is changed. The correlation between historical values of CSB Bank's Cash And Short Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of CSB Bank Limited are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash And Short Term Investments i.e., CSB Bank's Cash And Short Term Investments and Inventory go up and down completely randomly.
Correlation Coefficient | 0.14 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of CSB Bank Limited balance sheet. This account contains CSB Bank investments that will expire within one year. These investments include stocks and bonds that can be liquidated by CSB Bank Limited fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Inventory
Most indicators from CSB Bank's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CSB 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in CSB Bank Limited. 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.
Selling General Administrative is expected to rise to about 61.4
M this year.
Tax Provision is expected to rise to about 2
B this year
CSB Bank fundamental ratios Correlations
Click cells to compare fundamentals
CSB Bank Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CSB Bank fundamental ratios Accounts
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.
Other Information on Investing in CSB Stock
Balance Sheet is a snapshot of the
financial position of CSB Bank Limited at a specified time, usually calculated after every quarter, six months, or one year. CSB Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CSB Bank 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 CSB currently owns. An asset can also be divided into two categories, current and non-current.