WDS Stock | | | USD 14.81 0.44 3.06% |
Woodside Energy financial indicator trend analysis is more than just analyzing Woodside Energy Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Woodside Energy Group is a good investment. Please check the relationship between Woodside Energy Selling And Marketing Expenses and its Tax Provision accounts. Check out
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woodside Energy Group. 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.
Selling And Marketing Expenses vs Tax Provision
Selling And Marketing Expenses vs Tax Provision Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Woodside Energy Group Selling And Marketing Expenses account and
Tax Provision. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Woodside Energy's Selling And Marketing Expenses and Tax Provision is -0.03. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Woodside Energy Group, assuming nothing else is changed. The correlation between historical values of Woodside Energy's Selling And Marketing Expenses and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Woodside Energy Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Selling And Marketing Expenses i.e., Woodside Energy's Selling And Marketing Expenses and Tax Provision go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Selling And Marketing Expenses
Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from Woodside Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Woodside Energy Group 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
Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woodside Energy Group. 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.
At this time, Woodside Energy's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 5.46 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 19.7
M in 2024.
Woodside Energy fundamental ratios Correlations
Click cells to compare fundamentals
Woodside Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Woodside Energy fundamental ratios Accounts
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