Australia Total Current Assets vs Net Debt Analysis

ANZ Stock

30.22 0.07 0.23%

Australia financial indicator trend analysis is way more than just evaluating Australia and New prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Australia and New is a good investment. Please check the relationship between Australia Total Current Assets and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Australia and New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Current Assets vs Net Debt

Total Current Assets vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australia and New Total Current Assets account and Net Debt. At this time, the significance of the direction appears to have very week relationship.

The correlation between Australia's Total Current Assets and Net Debt is 0.2. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Debt in the same time period over historical financial statements of Australia and New, assuming nothing else is changed. The correlation between historical values of Australia's Total Current Assets and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Australia and New are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Current Assets i.e., Australia's Total Current Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Australia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Australia and New 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Australia and New. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Selling General Administrative is likely to gain to about 7.8 B in 2025, whereas Tax Provision is likely to drop slightly above 3 B in 2025.

	2022	2024	2025 (projected)
Operating Income	10.0B	11.5B	7.8B
Other Operating Expenses	44.6B	643M	610.9M

Operating Income Other Operating Expenses

Australia fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Short Term Investments	Current Deferred Revenue
Total Assets		0.62	-0.2	0.31	0.99	0.41	0.17	0.98	0.56	0.04	0.36	0.91	0.17	-0.08	0.6	0.72	0.21	-0.36	0.8	0.43	0.53	0.28	0.93	-0.57	-0.3	0.36
Short Long Term Debt Total	0.62		-0.28	0.19	0.61	0.23	0.3	0.56	0.31	0.04	0.3	0.46	-0.07	-0.25	0.58	0.69	0.05	-0.13	0.57	0.15	0.26	0.61	0.57	-0.45	-0.06	0.13
Other Current Liab	-0.2	-0.28		0.67	-0.24	0.3	-0.69	-0.12	0.62	0.7	-0.07	-0.39	0.51	-0.29	0.27	0.11	0.76	-0.45	-0.26	0.55	0.27	-0.49	-0.35	0.24	-0.68	0.5
Total Current Liabilities	0.31	0.19	0.67		0.23	0.61	-0.47	0.36	0.76	0.73	0.28	0.1	0.23	-0.38	0.46	0.42	0.87	-0.64	0.21	0.75	0.63	-0.26	0.07	0.04	-0.85	0.74
Total Stockholder Equity	0.99	0.61	-0.24	0.23		0.37	0.24	0.97	0.53	-0.06	0.37	0.9	0.18	-0.05	0.59	0.69	0.11	-0.3	0.76	0.36	0.51	0.33	0.96	-0.6	-0.22	0.32
Property Plant And Equipment Net	0.41	0.23	0.3	0.61	0.37		0.03	0.37	0.47	0.31	0.28	0.2	-0.09	0.0	0.5	0.59	0.42	-0.09	0.13	0.78	0.68	-0.37	0.3	-0.42	-0.57	0.6
Net Debt	0.17	0.3	-0.69	-0.47	0.24	0.03		0.08	-0.49	-0.66	0.51	0.13	-0.66	0.28	-0.13	-0.02	-0.59	0.54	0.22	-0.38	0.2	0.3	0.37	-0.35	0.54	-0.31
Retained Earnings	0.98	0.56	-0.12	0.36	0.97	0.37	0.08		0.64	0.05	0.4	0.91	0.24	-0.18	0.53	0.66	0.26	-0.47	0.74	0.47	0.55	0.25	0.88	-0.45	-0.39	0.34
Cash	0.56	0.31	0.62	0.76	0.53	0.47	-0.49	0.64		0.49	0.16	0.35	0.64	-0.38	0.6	0.58	0.71	-0.7	0.28	0.72	0.51	0.01	0.37	-0.17	-0.79	0.57
Non Current Assets Total	0.04	0.04	0.7	0.73	-0.06	0.31	-0.66	0.05	0.49		-0.01	-0.09	0.21	-0.31	0.43	0.3	0.83	-0.45	0.13	0.55	0.34	-0.43	-0.2	0.15	-0.69	0.55
Non Currrent Assets Other	0.36	0.3	-0.07	0.28	0.37	0.28	0.51	0.4	0.16	-0.01		0.27	-0.45	-0.3	-0.05	0.13	0.16	-0.17	0.32	0.25	0.8	-0.01	0.29	0.08	-0.32	0.01
Other Assets	0.91	0.46	-0.39	0.1	0.9	0.2	0.13	0.91	0.35	-0.09	0.27		0.09	-0.11	0.31	0.51	0.04	-0.33	0.74	0.3	0.33	0.24	0.83	-0.37	-0.18	0.11
Cash And Short Term Investments	0.17	-0.07	0.51	0.23	0.18	-0.09	-0.66	0.24	0.64	0.21	-0.45	0.09		-0.01	0.4	0.29	0.29	-0.42	0.0	0.27	-0.15	0.12	0.14	-0.13	-0.23	0.38
Net Receivables	-0.08	-0.25	-0.29	-0.38	-0.05	0.0	0.28	-0.18	-0.38	-0.31	-0.3	-0.11	-0.01		0.15	0.07	-0.41	0.34	0.01	-0.25	-0.14	0.14	0.2	-0.6	0.55	0.06
Common Stock Total Equity	0.6	0.58	0.27	0.46	0.59	0.5	-0.13	0.53	0.6	0.43	-0.05	0.31	0.4	0.15		0.85	0.39	-0.2	0.5	0.43	0.36	0.21	0.6	-0.75	-0.27	0.63
Common Stock Shares Outstanding	0.72	0.69	0.11	0.42	0.69	0.59	-0.02	0.66	0.58	0.3	0.13	0.51	0.29	0.07	0.85		0.33	-0.28	0.59	0.65	0.5	0.24	0.67	-0.7	-0.31	0.53
Non Current Liabilities Total	0.21	0.05	0.76	0.87	0.11	0.42	-0.59	0.26	0.71	0.83	0.16	0.04	0.29	-0.41	0.39	0.33		-0.7	0.29	0.69	0.52	-0.4	-0.05	0.15	-0.84	0.55
Other Stockholder Equity	-0.36	-0.13	-0.45	-0.64	-0.3	-0.09	0.54	-0.47	-0.7	-0.45	-0.17	-0.33	-0.42	0.34	-0.2	-0.28	-0.7		-0.33	-0.5	-0.35	-0.05	-0.15	-0.18	0.69	-0.25
Total Liab	0.8	0.57	-0.26	0.21	0.76	0.13	0.22	0.74	0.28	0.13	0.32	0.74	0.0	0.01	0.5	0.59	0.29	-0.33		0.22	0.43	0.28	0.77	-0.47	-0.08	0.24
Property Plant And Equipment Gross	0.43	0.15	0.55	0.75	0.36	0.78	-0.38	0.47	0.72	0.55	0.25	0.3	0.27	-0.25	0.43	0.65	0.69	-0.5	0.22		0.69	-0.39	0.2	-0.13	-0.8	0.61
Total Current Assets	0.53	0.26	0.27	0.63	0.51	0.68	0.2	0.55	0.51	0.34	0.8	0.33	-0.15	-0.14	0.36	0.5	0.52	-0.35	0.43	0.69		-0.24	0.41	-0.2	-0.61	0.49
Short Term Debt	0.28	0.61	-0.49	-0.26	0.33	-0.37	0.3	0.25	0.01	-0.43	-0.01	0.24	0.12	0.14	0.21	0.24	-0.4	-0.05	0.28	-0.39	-0.24		0.41	-0.37	0.42	-0.23
Common Stock	0.93	0.57	-0.35	0.07	0.96	0.3	0.37	0.88	0.37	-0.2	0.29	0.83	0.14	0.2	0.6	0.67	-0.05	-0.15	0.77	0.2	0.41	0.41		-0.75	0.01	0.26
Accounts Payable	-0.57	-0.45	0.24	0.04	-0.6	-0.42	-0.35	-0.45	-0.17	0.15	0.08	-0.37	-0.13	-0.6	-0.75	-0.7	0.15	-0.18	-0.47	-0.13	-0.2	-0.37	-0.75		-0.22	-0.36
Short Term Investments	-0.3	-0.06	-0.68	-0.85	-0.22	-0.57	0.54	-0.39	-0.79	-0.69	-0.32	-0.18	-0.23	0.55	-0.27	-0.31	-0.84	0.69	-0.08	-0.8	-0.61	0.42	0.01	-0.22		-0.44
Current Deferred Revenue	0.36	0.13	0.5	0.74	0.32	0.6	-0.31	0.34	0.57	0.55	0.01	0.11	0.38	0.06	0.63	0.53	0.55	-0.25	0.24	0.61	0.49	-0.23	0.26	-0.36	-0.44

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Australia Account Relationship Matchups

Australia fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	978.9B	1.1T	1.1T	1.2T	438.5B	510.5B
Short Long Term Debt Total	217.1B	149.4B	158.2B	150.1B	172.6B	102.3B
Other Current Liab	109.1B	166.5B	199.7B	(360M)	316.2B	332.0B
Total Current Liabilities	246.0B	166.0B	240.8B	200.0B	230.0B	241.5B
Total Stockholder Equity	63.7B	65.9B	69.5B	69.9B	24.1B	32.1B
Property Plant And Equipment Net	2.7B	2.4B	2.1B	2.2B	2.6B	2.1B
Net Debt	(15.2B)	(23.5B)	3.6B	(113.0B)	(101.7B)	(96.6B)
Retained Earnings	36.5B	39.7B	42.2B	43.4B	12.5B	16.3B
Cash	141.9B	157.5B	146.4B	113.0B	114.8B	120.5B
Non Current Assets Total	175.4B	220.1B	821.7B	1.1T	1.3T	1.3T
Non Currrent Assets Other	(2.3B)	(3.4B)	618.4B	(249.9B)	(287.3B)	(273.0B)
Other Assets	655.6B	702.9B	751.2B	1.2T	9.2B	8.7B
Cash And Short Term Investments	141.9B	157.5B	146.4B	113.0B	129.9B	136.4B
Net Receivables	6B	5.2B	4.7B	4.4B	6.8B	8.4B
Common Stock Shares Outstanding	3.1B	3.1B	3.3B	3.2B	3.7B	2.4B
Liabilities And Stockholders Equity	978.9B	1.1T	1.1T	1.2T	1.4T	1.5T
Non Current Liabilities Total	735.0B	126.7B	1.0T	835.6B	960.9B	1.0T
Other Stockholder Equity	1.2B	(2.6B)	(1.7B)	(1.8B)	351M	333.5M
Total Liab	126.7B	1.0T	1.0T	1.2T	414.4B	456.6B
Total Current Assets	147.9B	162.7B	283.9B	113.0B	129.9B	96.3B
Accumulated Other Comprehensive Income	1.5B	1.2B	(2.6B)	(1.7B)	(1.6B)	(1.5B)
Short Term Debt	48.3B	64.4B	54.9B	21.7B	25.0B	23.7B
Common Stock	26.0B	28.8B	29.1B	28.2B	9.7B	14.5B
Accounts Payable	8.8B	8.6B	9.8B	15.0B	13.5B	14.2B
Good Will	3.1B	2.9B	3.1B	4.4B	4.2B	4.3B
Inventory	81.0B	(251.5B)	(311.2B)	(283.9B)	(255.5B)	(242.7B)
Other Current Assets	251.5B	311.2B	283.9B	(4.4B)	(5.1B)	(4.8B)
Other Liab	10.9B	10.2B	11.2B	13.4B	12.1B	11.5B
Long Term Debt	119.7B	101.1B	93.7B	28.7B	33.0B	31.3B
Intangible Assets	1.0B	971M	1.0B	1.1B	1.5B	1.8B
Property Plant Equipment	3.0B	2.7B	2.4B	1.4B	1.6B	2.0B
Net Tangible Assets	56.9B	59.5B	62.0B	18.4B	21.1B	41.0B
Long Term Investments	168.5B	213.7B	197.2B	242.1B	372.5B	197.7B

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