Net Change in Deposits

The "Net Change in Deposits" for a company is a financial metric that refers to the difference in the amount of deposits a company has between two points in time. This metric takes into consideration the deposits made into the company's accounts (such as customer deposits, loans or financing) as well as any withdrawals or repayments made during a specific period.

The Net Change in Deposits can be calculated by subtracting the beginning balance from the ending balance of deposits within a certain period. A positive net change in deposits indicates that a company has more deposits at the end of the period than at the beginning of the period, while a negative net change in deposits indicates the opposite.

This metric is important for investors as it provides insight into a company's cash flows and liquidity, and is also used by analysts to evaluate the effectiveness of the company's marketing and sales efforts.

Additional Details

Metric Name	Type	Default Period Type
net_change_in_deposits		FY

Formatting Details

Data Format	Display Format	Unit
float	financial	usd