Wesfarmers Cash vs Other Stockholder Equity Analysis

WES Stock

71.83 0.17 0.24%

Wesfarmers financial indicator trend analysis is more than just analyzing Wesfarmers current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wesfarmers is a good investment. Please check the relationship between Wesfarmers Cash and its Other Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wesfarmers. 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.

Cash vs Other Stockholder Equity

Cash vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wesfarmers Cash account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Wesfarmers' Cash and Other Stockholder Equity is -0.36. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Wesfarmers, assuming nothing else is changed. The correlation between historical values of Wesfarmers' Cash and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Wesfarmers are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash i.e., Wesfarmers' Cash and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

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Cash

Cash refers to the most liquid asset of Wesfarmers, which is listed under current asset account on Wesfarmers balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Wesfarmers customers. The amounts must be unrestricted with restricted cash listed in a different Wesfarmers account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Other Stockholder Equity

Most indicators from Wesfarmers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wesfarmers 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 Wesfarmers. 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 drop to about 7.5 B in 2024. Discontinued Operations is likely to drop to about 81.9 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	313M	354M	402M	250.2M
Depreciation And Amortization	1.6B	1.7B	1.8B	1.9B

Interest Expense Depreciation And Amortization

Wesfarmers fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.09	0.91	0.95	0.91	0.62	-0.51	0.05	0.36	0.92	0.2	0.99	0.05	0.37	0.54	0.88	0.96	0.72	0.07	0.79	0.63	0.01	0.71	0.07	0.89	0.39
Short Long Term Debt Total	0.09		-0.21	0.27	-0.26	0.81	0.54	0.97	-0.48	0.23	0.28	0.02	-0.47	0.16	0.5	-0.29	0.06	0.42	0.97	0.38	-0.04	0.34	0.65	0.93	0.41	0.55
Other Current Liab	0.91	-0.21		0.81	0.96	0.34	-0.7	-0.19	0.57	0.8	-0.1	0.93	0.26	0.11	0.31	0.96	0.86	0.49	-0.25	0.63	0.72	-0.07	0.42	-0.2	0.66	0.23
Total Current Liabilities	0.95	0.27	0.81		0.76	0.7	-0.41	0.24	0.13	0.96	0.18	0.91	-0.15	0.31	0.64	0.72	0.94	0.82	0.23	0.9	0.59	0.08	0.85	0.22	0.95	0.58
Total Stockholder Equity	0.91	-0.26	0.96	0.76		0.34	-0.66	-0.29	0.61	0.74	0.07	0.94	0.32	0.29	0.28	0.99	0.86	0.46	-0.27	0.55	0.62	-0.08	0.36	-0.23	0.65	0.13
Property Plant And Equipment Net	0.62	0.81	0.34	0.7	0.34		0.17	0.75	-0.08	0.65	0.38	0.58	-0.26	0.38	0.63	0.29	0.57	0.68	0.78	0.67	0.27	0.24	0.84	0.77	0.77	0.57
Current Deferred Revenue	-0.51	0.54	-0.7	-0.41	-0.66	0.17		0.53	-0.37	-0.44	0.13	-0.53	-0.02	0.17	0.3	-0.65	-0.48	-0.15	0.66	-0.31	-0.79	0.25	-0.02	0.61	-0.2	-0.21
Net Debt	0.05	0.97	-0.19	0.24	-0.29	0.75	0.53		-0.46	0.22	0.04	-0.02	-0.41	-0.05	0.52	-0.29	0.01	0.36	0.93	0.38	0.01	0.44	0.6	0.94	0.35	0.51
Retained Earnings	0.36	-0.48	0.57	0.13	0.61	-0.08	-0.37	-0.46		0.14	-0.18	0.42	0.8	0.02	-0.09	0.65	0.33	-0.05	-0.47	-0.05	0.25	-0.33	-0.24	-0.41	0.02	-0.36
Accounts Payable	0.92	0.23	0.8	0.96	0.74	0.65	-0.44	0.22	0.14		0.09	0.88	-0.16	0.15	0.59	0.7	0.94	0.84	0.18	0.95	0.61	0.1	0.82	0.21	0.91	0.46
Cash	0.2	0.28	-0.1	0.18	0.07	0.38	0.13	0.04	-0.18	0.09		0.17	-0.35	0.85	0.02	-0.05	0.23	0.37	0.3	0.05	-0.18	-0.36	0.33	0.11	0.33	0.27
Non Current Assets Total	0.99	0.02	0.93	0.91	0.94	0.58	-0.53	-0.02	0.42	0.88	0.17		0.12	0.37	0.5	0.92	0.94	0.65	0.01	0.73	0.63	-0.01	0.64	0.01	0.84	0.33
Non Currrent Assets Other	0.05	-0.47	0.26	-0.15	0.32	-0.26	-0.02	-0.41	0.8	-0.16	-0.35	0.12		-0.03	0.04	0.39	0.03	-0.28	-0.39	-0.3	-0.11	0.04	-0.44	-0.26	-0.19	-0.58
Cash And Short Term Investments	0.37	0.16	0.11	0.31	0.29	0.38	0.17	-0.05	0.02	0.15	0.85	0.37	-0.03		0.32	0.21	0.36	0.35	0.27	0.04	-0.24	-0.31	0.35	0.04	0.45	0.15
Net Receivables	0.54	0.5	0.31	0.64	0.28	0.63	0.3	0.52	-0.09	0.59	0.02	0.5	0.04	0.32		0.28	0.54	0.61	0.6	0.61	-0.02	0.34	0.75	0.53	0.75	0.27
Good Will	0.88	-0.29	0.96	0.72	0.99	0.29	-0.65	-0.29	0.65	0.7	-0.05	0.92	0.39	0.21	0.28		0.8	0.35	-0.3	0.49	0.61	-0.03	0.3	-0.24	0.58	0.09
Common Stock Total Equity	0.96	0.06	0.86	0.94	0.86	0.57	-0.48	0.01	0.33	0.94	0.23	0.94	0.03	0.36	0.54	0.8		0.84	0.05	0.84	0.58	-0.07	0.71	0.04	0.91	0.35
Common Stock Shares Outstanding	0.72	0.42	0.49	0.82	0.46	0.68	-0.15	0.36	-0.05	0.84	0.37	0.65	-0.28	0.35	0.61	0.35	0.84		0.39	0.89	0.37	-0.04	0.85	0.35	0.91	0.49
Non Current Liabilities Total	0.07	0.97	-0.25	0.23	-0.27	0.78	0.66	0.93	-0.47	0.18	0.3	0.01	-0.39	0.27	0.6	-0.3	0.05	0.39		0.31	-0.19	0.32	0.64	0.91	0.41	0.41
Inventory	0.79	0.38	0.63	0.9	0.55	0.67	-0.31	0.38	-0.05	0.95	0.05	0.73	-0.3	0.04	0.61	0.49	0.84	0.89	0.31		0.57	0.21	0.86	0.37	0.89	0.52
Other Current Assets	0.63	-0.04	0.72	0.59	0.62	0.27	-0.79	0.01	0.25	0.61	-0.18	0.63	-0.11	-0.24	-0.02	0.61	0.58	0.37	-0.19	0.57		0.03	0.37	-0.1	0.44	0.49
Other Stockholder Equity	0.01	0.34	-0.07	0.08	-0.08	0.24	0.25	0.44	-0.33	0.1	-0.36	-0.01	0.04	-0.31	0.34	-0.03	-0.07	-0.04	0.32	0.21	0.03		0.16	0.6	0.11	0.13
Total Liab	0.71	0.65	0.42	0.85	0.36	0.84	-0.02	0.6	-0.24	0.82	0.33	0.64	-0.44	0.35	0.75	0.3	0.71	0.85	0.64	0.86	0.37	0.16		0.55	0.92	0.67
Property Plant And Equipment Gross	0.07	0.93	-0.2	0.22	-0.23	0.77	0.61	0.94	-0.41	0.21	0.11	0.01	-0.26	0.04	0.53	-0.24	0.04	0.35	0.91	0.37	-0.1	0.6	0.55		0.36	0.39
Total Current Assets	0.89	0.41	0.66	0.95	0.65	0.77	-0.2	0.35	0.02	0.91	0.33	0.84	-0.19	0.45	0.75	0.58	0.91	0.91	0.41	0.89	0.44	0.11	0.92	0.36		0.53
Short Term Debt	0.39	0.55	0.23	0.58	0.13	0.57	-0.21	0.51	-0.36	0.46	0.27	0.33	-0.58	0.15	0.27	0.09	0.35	0.49	0.41	0.52	0.49	0.13	0.67	0.39	0.53

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Wesfarmers Account Relationship Matchups

Wesfarmers fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	26.0B	26.9B	28.0B	27.1B	27.3B	20.3B
Short Long Term Debt Total	9.9B	10.1B	12.1B	11.2B	11.3B	11.8B
Other Current Liab	1.3B	1.1B	1.5B	1.5B	1.6B	1.6B
Total Current Liabilities	7.3B	7.9B	8.9B	7.9B	8.2B	5.3B
Total Stockholder Equity	9.3B	9.7B	8.0B	8.3B	8.6B	10.7B
Property Plant And Equipment Net	10.6B	10.4B	10.8B	11.0B	11.2B	11.7B
Current Deferred Revenue	392M	349M	6M	1.1B	1.3B	1.4B
Net Debt	7.0B	7.1B	11.4B	10.5B	10.4B	11.0B
Retained Earnings	(245M)	(5.8B)	(5.4B)	(5.0B)	1.2B	1.2B
Accounts Payable	4.0B	4.2B	5.4B	5.3B	5.4B	3.0B
Cash	2.9B	3.0B	705M	673M	835M	718.5M
Non Current Assets Total	18.0B	17.8B	18.4B	18.0B	17.9B	14.4B
Non Currrent Assets Other	(3.0B)	(2.9B)	(3.3B)	(3.3B)	115M	120.8M
Cash And Short Term Investments	2.9B	3.0B	705M	673M	835M	947.3M
Net Receivables	1.0B	1.2B	2.1B	1.8B	2.2B	1.2B
Good Will	3.0B	3.0B	3.3B	3.4B	3.6B	6.1B
Liabilities And Stockholders Equity	26.0B	26.9B	28.0B	27.1B	27.3B	20.4B
Non Current Liabilities Total	9.4B	9.3B	11.2B	11.0B	10.5B	11.0B
Inventory	3.8B	4.5B	6.1B	6.0B	6.1B	3.1B
Other Current Assets	270M	324M	716M	613M	267M	253.7M
Other Stockholder Equity	301M	(5.6B)	(15.6B)	5.9B	5.3B	5.5B
Total Liab	16.7B	17.2B	20.1B	18.9B	18.7B	9.6B
Property Plant And Equipment Gross	9.8B	17.6B	19.2B	20.9B	22.5B	23.6B
Total Current Assets	8.1B	9.1B	9.6B	9.2B	9.4B	5.7B
Accumulated Other Comprehensive Income	(6.2B)	(311M)	(218M)	(251M)	(6.2B)	(5.9B)
Short Term Debt	1.5B	1.9B	2.1B	1.1B	1.2B	847.2M
Intangible Assets	3.8B	3.9B	4.7B	4.7B	1.5B	2.6B
Common Stock	15.8B	15.8B	15.8B	13.6B	15.6B	10.8B
Other Liab	435M	376M	404M	374M	430.1M	408.6M
Other Assets	1.1B	920M	621M	701M	2.3B	2.4B
Long Term Debt	2.2B	2.1B	4.0B	4.4B	4.8B	3.6B
Property Plant Equipment	10.6B	10.4B	10.8B	11.0B	12.7B	7.3B
Net Tangible Assets	5.5B	5.8B	3.3B	3.6B	3.2B	4.0B
Long Term Investments	1.8B	1.9B	1.6B	958M	938M	1.4B
Short Long Term Debt	356M	503M	950M	988M	889.2M	1.2B
Long Term Debt Total	8.4B	8.2B	10.0B	10.0B	11.5B	6.9B
Treasury Stock	(43M)	(81M)	(89M)	(102M)	(91.8M)	(87.2M)

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