Edelweiss Change In Cash vs Net Income Analysis

EDELWEISS   128.33  2.33  1.85%   
Edelweiss Financial financial indicator trend analysis is much more than just examining Edelweiss Financial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Edelweiss Financial is a good investment. Please check the relationship between Edelweiss Financial Change In Cash and its Net Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edelweiss Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Change In Cash vs Net Income

Change In Cash vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Edelweiss Financial Change In Cash account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Edelweiss Financial's Change In Cash and Net Income is -0.3. Overlapping area represents the amount of variation of Change In Cash that can explain the historical movement of Net Income in the same time period over historical financial statements of Edelweiss Financial Services, assuming nothing else is changed. The correlation between historical values of Edelweiss Financial's Change In Cash and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change In Cash of Edelweiss Financial Services are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Change In Cash i.e., Edelweiss Financial's Change In Cash and Net Income go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change In Cash

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Edelweiss Financial financial statement analysis. It represents the amount of money remaining after all of Edelweiss Financial Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Edelweiss Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Edelweiss Financial 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edelweiss Financial Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
The Edelweiss Financial's current Selling General Administrative is estimated to increase to about 12.7 B, while Tax Provision is forecasted to increase to (861.2 M).
 2021 2022 2023 2024 (projected)
Net Interest Income613.7M3.7B672.9M639.3M
Interest Income28.9B29.5B28.5B32.6B

Edelweiss Financial fundamental ratios Correlations

0.97-0.390.10.930.590.770.660.130.120.510.660.820.690.2-0.660.131.00.090.74-0.140.340.50.070.520.89
0.97-0.43-0.040.90.520.860.70.010.250.520.720.750.780.16-0.650.060.970.150.7-0.010.430.510.040.610.82
-0.39-0.430.01-0.130.15-0.54-0.19-0.2-0.3-0.29-0.77-0.07-0.66-0.150.5-0.04-0.42-0.4-0.23-0.3-0.5-0.91-0.51-0.01-0.04
0.1-0.040.010.040.06-0.47-0.10.97-0.850.05-0.120.42-0.390.44-0.040.140.11-0.050.14-0.83-0.360.160.31-0.710.2
0.930.9-0.130.040.690.660.630.00.160.440.440.850.510.21-0.60.10.90.020.77-0.250.30.24-0.080.60.88
0.590.520.150.060.690.290.26-0.01-0.030.46-0.090.720.060.36-0.420.650.56-0.050.68-0.36-0.34-0.17-0.080.370.65
0.770.86-0.54-0.470.660.290.65-0.380.60.450.810.350.95-0.13-0.51-0.030.790.230.490.490.590.54-0.010.780.56
0.660.7-0.19-0.10.630.260.65-0.10.150.760.570.350.68-0.24-0.13-0.10.660.470.670.180.450.320.060.460.55
0.130.01-0.20.970.0-0.01-0.38-0.1-0.810.130.030.35-0.260.45-0.060.180.140.040.16-0.72-0.260.350.48-0.750.13
0.120.25-0.3-0.850.16-0.030.60.15-0.81-0.050.35-0.190.51-0.36-0.37-0.150.120.13-0.10.710.420.09-0.40.770.03
0.510.52-0.290.050.440.460.450.760.13-0.050.440.250.47-0.11-0.030.490.520.680.730.060.060.350.390.110.38
0.660.72-0.77-0.120.44-0.090.810.570.030.350.440.20.91-0.23-0.38-0.110.690.40.340.40.660.870.240.360.43
0.820.75-0.070.420.850.720.350.350.35-0.190.250.20.210.57-0.670.190.8-0.20.65-0.6-0.020.17-0.030.270.84
0.690.78-0.66-0.390.510.060.950.68-0.260.510.470.910.21-0.19-0.39-0.150.710.360.450.560.710.70.160.60.42
0.20.16-0.150.440.210.36-0.13-0.240.45-0.36-0.11-0.230.57-0.19-0.430.10.19-0.260.31-0.61-0.110.070.4-0.250.07
-0.66-0.650.5-0.04-0.6-0.42-0.51-0.13-0.06-0.37-0.03-0.38-0.67-0.39-0.43-0.07-0.650.22-0.30.16-0.12-0.360.16-0.41-0.59
0.130.06-0.040.140.10.65-0.03-0.10.18-0.150.49-0.110.19-0.150.1-0.070.120.230.28-0.18-0.62-0.010.16-0.130.18
1.00.97-0.420.110.90.560.790.660.140.120.520.690.80.710.19-0.650.120.10.73-0.110.350.530.090.510.88
0.090.15-0.4-0.050.02-0.050.230.470.040.130.680.4-0.20.36-0.260.220.230.10.330.270.230.420.42-0.05-0.08
0.740.7-0.230.140.770.680.490.670.16-0.10.730.340.650.450.31-0.30.280.730.33-0.210.280.320.40.240.56
-0.14-0.01-0.3-0.83-0.25-0.360.490.18-0.720.710.060.4-0.60.56-0.610.16-0.18-0.110.27-0.210.450.21-0.120.46-0.3
0.340.43-0.5-0.360.3-0.340.590.45-0.260.420.060.66-0.020.71-0.11-0.12-0.620.350.230.280.450.570.280.380.02
0.50.51-0.910.160.24-0.170.540.320.350.090.350.870.170.70.07-0.36-0.010.530.420.320.210.570.55-0.040.19
0.070.04-0.510.31-0.08-0.08-0.010.060.48-0.40.390.24-0.030.160.40.160.160.090.420.4-0.120.280.55-0.51-0.27
0.520.61-0.01-0.710.60.370.780.46-0.750.770.110.360.270.6-0.25-0.41-0.130.51-0.050.240.460.38-0.04-0.510.51
0.890.82-0.040.20.880.650.560.550.130.030.380.430.840.420.07-0.590.180.88-0.080.56-0.30.020.19-0.270.51
Click cells to compare fundamentals

Edelweiss Financial Account Relationship Matchups

Edelweiss Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets542.8B459.8B431.9B440.6B429.2B319.2B
Short Long Term Debt Total381.0B386.9B303.5B303.0B203.6B240.5B
Other Current Liab(12.8B)(4.9B)(12.9B)(14.1B)(18.1B)(19.0B)
Total Current Liabilities12.8B4.9B12.9B14.1B202.5B212.6B
Total Stockholder Equity61.3B65.8B65.4B67.4B47.6B42.7B
Property Plant And Equipment Net15.1B12.3B11.1B10.3B9.7B6.4B
Net Debt316.0B246.1B207.2B180.4B(24.2B)(23.0B)
Cash44.8B38.2B19.9B37.0B24.2B32.4B
Non Current Assets Total19.4B14.5B13.1B12.1B592.2B621.8B
Non Currrent Assets Other(19.4B)(14.5B)(13.1B)(12.1B)(198.5B)(188.5B)
Cash And Short Term Investments49.4B39.0B19.9B27.5B33.3B30.5B
Net Receivables13.1B5.1B4.7B4.1B3.6B3.4B
Common Stock Shares Outstanding888.7M893.8M894.8M898.3M901.0M901.2M
Liabilities And Stockholders Equity542.8B459.8B431.9B440.6B429.2B319.2B
Non Current Liabilities Total243.0B174.6B150.7B120.1B587.6M558.2M
Inventory436.1M109.5B92.5B94.9B109.1B114.5B
Other Current Assets(99.6B)(114.6B)(97.2B)(99.0B)(36.9B)(35.0B)
Other Stockholder Equity60.3B23.1B19.6B18.0B29.6B17.5B
Total Liab470.7B383.0B356.0B362.2B368.7B269.6B
Total Current Assets49.4B39.0B19.9B27.5B33.3B39.4B
Accumulated Other Comprehensive Income(2.0B)27.8B22.9B23.0B14.3B13.2B
Common Stock889.5M890.9M898.2M898.4M898.9M748.6M
Current Deferred Revenue(3.7B)(104.8B)(63.5B)(83.1B)(202.5B)(192.3B)
Retained Earnings(1.6B)6.1B10.0B11.6B2.8B2.6B
Accounts Payable12.8B4.9B12.9B14.1B17.7B18.2B
Short Term Debt16.6B109.7B76.4B97.3B202.5B111.9B
Other Assets474.0B406.2B398.9B401.1B(196.3B)(186.5B)
Intangible Assets2.6B1.6B1.4B1.5B1.7B1.3B
Good Will1.7B1.7B663.4M236.6M212.9M202.3M
Other Liab59.7B81.8B104.8B121.8B140.1B147.1B
Net Tangible Assets57.0B63.5B63.3B65.7B75.5B57.8B
Long Term Debt364.4B284.3B227.1B205.2B236.0B244.9B
Long Term Investments113.7B146.0B153.1B181.6B197.1B144.8B
Property Plant Equipment15.1B12.3B11.1B10.3B11.9B9.3B
Short Term Investments4.6B802.4M10.5B(9.5B)9.6B10.1B
Long Term Debt Total364.4B277.2B227.1B205.7B236.6B289.2B
Net Invested Capital422.1B350.0B292.5B284.8B250.1B306.2B

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Other Information on Investing in Edelweiss Stock

Balance Sheet is a snapshot of the financial position of Edelweiss Financial at a specified time, usually calculated after every quarter, six months, or one year. Edelweiss Financial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Edelweiss Financial 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 Edelweiss currently owns. An asset can also be divided into two categories, current and non-current.