ICICI Net Interest Income vs Income Before Tax Analysis

ICICIBANK   1,308  10.55  0.81%   
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 Net Interest Income and its Income Before Tax 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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Net Interest Income vs Income Before Tax

Net Interest Income vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ICICI Bank Limited Net Interest Income account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
Net Interest IncomeIncome Before TaxDiversified AwayNet Interest IncomeIncome Before TaxDiversified Away100%
The correlation between ICICI Bank's Net Interest Income and Income Before Tax is 0.86. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Income Before Tax 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 Net Interest Income and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of ICICI Bank Limited are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Net Interest Income i.e., ICICI Bank's Net Interest Income and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on ICICI Bank income statement and is an important metric when analyzing ICICI Bank Limited profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
At present, ICICI Bank's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 162 B, whereas Issuance Of Capital Stock is forecasted to decline to about 11.1 B.
 2021 2022 2023 2024 (projected)
Interest Expense411.7B505.4B741.1B778.1B
Depreciation And Amortization14.8B15.1B20.0B21.0B

ICICI Bank fundamental ratios Correlations

0.350.990.94-0.480.830.960.630.750.270.810.680.73-0.161.00.830.63-0.070.70.420.90.840.230.690.390.84
0.350.30.540.540.220.30.02-0.060.340.13-0.210.02-0.150.360.370.830.18-0.050.060.020.080.79-0.06-0.080.21
0.990.30.91-0.50.830.940.670.770.220.820.740.76-0.130.990.820.59-0.120.730.40.930.880.230.720.430.85
0.940.540.91-0.310.710.930.520.630.340.740.450.61-0.150.940.860.760.030.560.370.730.670.320.550.310.74
-0.480.54-0.5-0.31-0.49-0.6-0.29-0.51-0.16-0.41-0.57-0.380.2-0.48-0.30.110.25-0.41-0.53-0.61-0.430.64-0.41-0.11-0.61
0.830.220.830.71-0.490.770.230.380.610.410.680.37-0.460.830.390.59-0.030.340.530.730.690.070.33-0.020.85
0.960.30.940.93-0.60.770.550.690.330.760.580.64-0.210.960.830.61-0.120.610.570.830.690.090.60.270.81
0.630.020.670.52-0.290.230.550.94-0.570.950.640.980.460.630.790.11-0.220.98-0.050.810.770.30.980.930.39
0.75-0.060.770.63-0.510.380.690.94-0.380.970.690.980.280.740.820.1-0.130.980.090.890.830.080.980.850.56
0.270.340.220.34-0.160.610.33-0.57-0.38-0.32-0.05-0.45-0.750.28-0.120.530.21-0.480.51-0.04-0.06-0.13-0.49-0.750.42
0.810.130.820.74-0.410.410.760.950.97-0.320.640.970.320.810.930.29-0.20.960.090.870.810.240.950.830.56
0.68-0.210.740.45-0.570.680.580.640.69-0.050.640.70.080.670.450.12-0.370.710.360.870.79-0.050.710.480.58
0.730.020.760.61-0.380.370.640.980.98-0.450.970.70.360.720.810.16-0.161.00.030.880.830.241.00.90.5
-0.16-0.15-0.13-0.150.2-0.46-0.210.460.28-0.750.320.080.36-0.160.24-0.21-0.250.37-0.49-0.01-0.030.170.380.64-0.34
1.00.360.990.94-0.480.830.960.630.740.280.810.670.72-0.160.830.64-0.060.690.420.890.830.230.680.380.84
0.830.370.820.86-0.30.390.830.790.82-0.120.930.450.810.240.830.5-0.220.780.140.740.690.310.770.650.55
0.630.830.590.760.110.590.610.110.10.530.290.120.16-0.210.640.50.080.10.320.310.280.60.09-0.090.52
-0.070.18-0.120.030.25-0.03-0.12-0.22-0.130.21-0.2-0.37-0.16-0.25-0.06-0.220.08-0.17-0.07-0.21-0.180.11-0.18-0.19-0.06
0.7-0.050.730.56-0.410.340.610.980.98-0.480.960.711.00.370.690.780.1-0.170.020.880.820.191.00.90.49
0.420.060.40.37-0.530.530.57-0.050.090.510.090.360.03-0.490.420.140.32-0.070.020.360.07-0.20.01-0.330.48
0.90.020.930.73-0.610.730.830.810.89-0.040.870.870.88-0.010.890.740.31-0.210.880.360.920.090.870.610.78
0.840.080.880.67-0.430.690.690.770.83-0.060.810.790.83-0.030.830.690.28-0.180.820.070.920.190.810.630.74
0.230.790.230.320.640.070.090.30.08-0.130.24-0.050.240.170.230.310.60.110.19-0.20.090.190.180.260.0
0.69-0.060.720.55-0.410.330.60.980.98-0.490.950.711.00.380.680.770.09-0.181.00.010.870.810.180.910.48
0.39-0.080.430.31-0.11-0.020.270.930.85-0.750.830.480.90.640.380.65-0.09-0.190.9-0.330.610.630.260.910.16
0.840.210.850.74-0.610.850.810.390.560.420.560.580.5-0.340.840.550.52-0.060.490.480.780.740.00.480.16
Click cells to compare fundamentals

ICICI Bank Account Relationship Matchups

ICICI Bank fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.8T15.7T17.5T19.6T23.6T24.8T
Short Long Term Debt Total2.1T1.4T1.7T2.0T2.0T1.4T
Total Stockholder Equity1.2T1.6T1.8T2.1T2.6T2.7T
Property Plant And Equipment Net104.1B108.1B106.1B109.7B132.4B139.0B
Net Debt860.0B(36.7B)(215.2B)526.1B108.7B103.3B
Retained Earnings695.5B889.4B1.1T1.4T898.3B943.2B
Cash1.3T1.5T1.8T1.4T1.9T2.0T
Non Current Assets Total105.2B109.2B107.1B110.7B21.9T22.9T
Non Currrent Assets Other(105.2B)(109.2B)(107.1B)(110.7B)15.1T15.8T
Other Assets12.6T14.5T16.6T18.7T(51.9B)(49.3B)
Cash And Short Term Investments1.0T1.1T807.2B764.9B3.5T3.7T
Common Stock Shares Outstanding6.6B6.8B7.1B7.1B7.1B7.4B
Liabilities And Stockholders Equity13.8T15.7T17.5T19.6T23.6T24.8T
Non Current Liabilities Total2.1T1.4T1.6T2.0T20.9T22.0T
Other Stockholder Equity(695.4B)489.7B(1.1T)(1.4T)519.4B545.4B
Total Liab12.5T14.1T15.6T17.4T20.9T22.0T
Total Current Assets1.0T1.1T807.2B764.9B1.8T1.9T
Accumulated Other Comprehensive Income1.2T1.6T1.8T2.1T1.1T749.1B
Common Stock12.9B13.8B13.9B14.0B14.0B11.1B
Other Current Liab(32.4B)(24.8B)(90.4B)(98.0B)(211.9B)(201.3B)
Total Current Liabilities30.7B24.8B27.5B33.4B7.8T8.2T
Other Current Assets1.5T1.6T9.9T1.5T1.8T1.4T
Short Term Debt32.4B42.2B90.4B98.0B173.0B181.6B
Net Receivables111.8B110.6B108.4B648.7B709.3B744.8B
Accounts Payable30.7B24.8B27.5B33.4B39.0B34.2B
Short Term Investments(253.4B)(391.6B)(1.0T)(599.7B)1.6T1.7T
Other Liab1.9T2.5T2.7T3.4T3.9T2.0T
Net Tangible Assets1.2T1.6T1.8T2.1T2.5T1.4T
Long Term Debt2.1T1.4T1.6T1.9T2.1T1.6T
Inventory(1.6T)(1.7T)(10.0T)(2.2T)(2.3T)(2.5T)
Long Term Investments4.4T5.4T5.7T6.4T8.3T4.7T
Short Long Term Debt32.4B42.2B90.4B98.0B88.2B83.8B
Property Plant Equipment104.1B108.1B106.1B109.7B126.1B100.5B
Long Term Debt Total2.1T1.4T1.6T1.9T1.7T1.5T
Capital Surpluse335.9B489.7B497.6B507.2B583.3B430.9B
Earning Assets4.1T4.3T5.2T5.4T6.2T4.7T
Net Invested Capital3.2T3.0T3.4T4.0T4.6T3.9T
Capital Stock12.9B13.8B13.9B14.0B14.0B15.0B

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.
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 closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.