Non-Interest Bearing Deposits
Non-Interest Bearing Deposits (NIBD) is a financial metric that represents the deposits of a company's clients or customers that do not pay interest. These deposits are usually held in checking accounts or similar accounts where the funds are readily available for withdrawal or easy access for transactions. NIBD is an important metric for a company as it represents a source of low-cost funding for the company's operations or investments. Companies with a higher NIBD are generally more efficient as they can utilize these funds for their operations, reducing their reliance on more expensive forms of financing such as debt or equity.
Additional Details
Metric Name |
Type |
Default Period Type |
non_interest_bearing_deposits |
fin_statement |
FY |
Data Format |
Display Format |
Unit |
float |
financial |
usd |