HDFC Non Currrent Assets Other vs Total Assets Analysis

HDB Stock  USD 66.62  0.81  1.20%   
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 Non Currrent Assets Other and its Total Assets 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 closely tied with the direction of predictive economic indicators such as signals in unemployment.

Non Currrent Assets Other vs Total Assets

Non Currrent Assets Other vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HDFC Bank Limited Non Currrent Assets Other account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between HDFC Bank's Non Currrent Assets Other and Total Assets is -0.99. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Total Assets 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 Non Currrent Assets Other and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of HDFC Bank Limited are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Non Currrent Assets Other i.e., HDFC Bank's Non Currrent Assets Other and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.99
Relationship DirectionNegative 
Relationship StrengthSignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Total Assets

Total assets refers to the total amount of HDFC Bank assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in HDFC Bank Limited books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 closely tied with the direction of predictive economic indicators such as signals in unemployment.
The current year's Selling General Administrative is expected to grow to about 1.1 T. The current year's Tax Provision is expected to grow to about 113.4 B
 2021 2022 2023 2024 (projected)
Gross Profit1.0T1.2T2.0T2.1T
Total Revenue1.0T1.2T2.5T2.7T

HDFC Bank fundamental ratios Correlations

1.00.910.990.960.95-0.430.96-0.511.00.540.950.97-0.870.260.830.910.88-0.990.40.890.520.880.950.860.97
1.00.920.980.960.95-0.410.95-0.51.00.540.950.96-0.860.260.840.890.87-0.990.420.890.520.870.960.850.98
0.910.920.850.940.88-0.110.79-0.320.910.510.910.81-0.850.460.90.70.66-0.890.640.880.550.650.970.620.93
0.990.980.850.910.92-0.560.99-0.620.990.470.90.99-0.810.130.760.950.94-0.990.260.830.420.930.90.920.93
0.960.960.940.910.95-0.230.86-0.290.960.650.930.89-0.910.440.880.780.75-0.940.570.860.640.760.970.720.95
0.950.950.880.920.95-0.250.86-0.370.950.540.930.91-0.920.440.890.780.75-0.920.540.830.530.750.930.730.91
-0.43-0.41-0.11-0.56-0.23-0.25-0.670.8-0.43-0.01-0.23-0.60.10.670.08-0.75-0.810.490.65-0.180.12-0.8-0.17-0.83-0.3
0.960.950.790.990.860.86-0.67-0.690.960.420.860.99-0.760.020.650.980.98-0.970.120.770.360.970.840.970.89
-0.51-0.5-0.32-0.62-0.29-0.370.8-0.69-0.510.29-0.36-0.640.230.45-0.14-0.73-0.760.540.4-0.30.35-0.7-0.3-0.77-0.36
1.01.00.910.990.960.95-0.430.96-0.510.540.950.97-0.870.260.830.910.88-0.990.40.890.520.880.950.860.97
0.540.540.510.470.650.54-0.010.420.290.540.560.46-0.60.380.520.390.35-0.560.480.550.980.410.610.330.64
0.950.950.910.90.930.93-0.230.86-0.360.950.560.88-0.90.440.860.790.74-0.930.560.870.570.740.960.710.95
0.970.960.810.990.890.91-0.60.99-0.640.970.460.88-0.830.130.690.970.95-0.970.190.80.40.950.860.940.9
-0.87-0.86-0.85-0.81-0.91-0.920.1-0.760.23-0.87-0.6-0.9-0.83-0.65-0.8-0.7-0.630.83-0.6-0.8-0.61-0.63-0.88-0.6-0.87
0.260.260.460.130.440.440.670.020.450.260.380.440.13-0.650.55-0.07-0.18-0.180.850.370.47-0.160.44-0.210.34
0.830.840.90.760.880.890.080.65-0.140.830.520.860.69-0.80.550.530.5-0.790.780.880.560.490.930.460.85
0.910.890.70.950.780.78-0.750.98-0.730.910.390.790.97-0.7-0.070.530.99-0.92-0.020.720.310.990.750.990.83
0.880.870.660.940.750.75-0.810.98-0.760.880.350.740.95-0.63-0.180.50.99-0.9-0.080.680.261.00.711.00.8
-0.99-0.99-0.89-0.99-0.94-0.920.49-0.970.54-0.99-0.56-0.93-0.970.83-0.18-0.79-0.92-0.9-0.34-0.88-0.53-0.9-0.94-0.88-0.97
0.40.420.640.260.570.540.650.120.40.40.480.560.19-0.60.850.78-0.02-0.08-0.340.540.6-0.080.63-0.120.5
0.890.890.880.830.860.83-0.180.77-0.30.890.550.870.8-0.80.370.880.720.68-0.880.540.560.680.910.650.92
0.520.520.550.420.640.530.120.360.350.520.980.570.4-0.610.470.560.310.26-0.530.60.560.320.630.230.63
0.880.870.650.930.760.75-0.80.97-0.70.880.410.740.95-0.63-0.160.490.991.0-0.9-0.080.680.320.720.990.8
0.950.960.970.90.970.93-0.170.84-0.30.950.610.960.86-0.880.440.930.750.71-0.940.630.910.630.720.680.98
0.860.850.620.920.720.73-0.830.97-0.770.860.330.710.94-0.6-0.210.460.991.0-0.88-0.120.650.230.990.680.77
0.970.980.930.930.950.91-0.30.89-0.360.970.640.950.9-0.870.340.850.830.8-0.970.50.920.630.80.980.77
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 Earnings713.3B897.9B1.2T1.4T2.9T3.1T
Accounts Payable259.3B346.0B365.7B437.3B502.9B528.0B
Cash726.7B1.0T1.6T2.4T2.3T2.4T
Other Assets7.5T7.9T10.2T12.9T(11.7T)(11.1T)
Long Term Debt1.0T1.8T1.6T2.6T7.3T7.7T
Total Liab14.1T15.8T18.6T22.8T35.6T37.4T
Common Stock5.5B5.5B5.5B5.6B7.6B4.7B
Property Plant Equipment46.3B51.0B62.8B82.8B95.2B100.0B
Short Long Term Debt Total1.5T1.5T2.2T3.7T7.3T7.7T
Other Current Liab(636.7B)(585.3B)(919.8B)(1.5T)(1.4T)(1.3T)
Total Current Liabilities636.7B585.3B919.8B1.5T238.5B410.6B
Property Plant And Equipment Net109.1B117.6B137.4B177.6B126.0B132.3B
Net Debt742.8B443.1B587.4B878.1B5.0T5.3T
Non Current Assets Total3.9T4.6T4.7T5.3T49.7T52.2T
Non Currrent Assets Other(3.9T)(4.6T)(4.7T)(5.3T)(10.2T)(9.7T)
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 Equity16.0T18.0T21.1T25.8T40.3T42.3T
Non Current Liabilities Total1.1T1.2T1.6T2.2T35.4T37.2T
Other Stockholder Equity765.9B794.2B834.6B883.4B1.3T1.3T
Property Plant And Equipment Gross109.1B117.6B247.0B304.1B349.8B367.2B
Total Current Assets4.5T5.5T6.2T7.6T2.3T2.1T
Accumulated Other Comprehensive Income408.4B462.0B511.5B575.5B365.4B383.7B
Short Term Debt377.4B239.3B554.2B1.1T1.3T1.3T
Other Current Assets7.5T9.8B15.0B1.3T1.5T1.4T
Net Tangible Assets1.8T2.1T2.5T2.9T3.3T3.5T
Long Term Investments3.7T4.4T4.4T5.0T10.1T10.6T
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
Earning Assets3.2T3.0T4.0T4.6T5.3T3.3T

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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 closely tied with the direction of predictive economic indicators such as signals in unemployment.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Diversified Banks space 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
0.39
Earnings Share
3.12
Revenue Per Share
217.953
Quarterly Revenue Growth
0.63
Return On Assets
0.0171
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.