Woolworths Capital Expenditures vs Other Non Cash Items Analysis

WOW Stock   30.34  0.10  0.33%   
Woolworths financial indicator trend analysis is more than just analyzing Woolworths current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Woolworths is a good investment. Please check the relationship between Woolworths Capital Expenditures and its Other Non Cash Items accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woolworths. 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.

Capital Expenditures vs Other Non Cash Items

Capital Expenditures vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Woolworths Capital Expenditures account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Woolworths' Capital Expenditures and Other Non Cash Items is -0.05. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Woolworths, assuming nothing else is changed. The correlation between historical values of Woolworths' Capital Expenditures and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Woolworths are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Capital Expenditures i.e., Woolworths' Capital Expenditures and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Woolworths to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Woolworths operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Other Non Cash Items

Most indicators from Woolworths' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Woolworths 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 Woolworths. 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.
Discontinued Operations is likely to gain to about 7.7 B in 2024, whereas Selling General Administrative is likely to drop slightly above 2.9 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense613M705M740M777M
Depreciation And Amortization2.4B2.6B2.5B2.6B

Woolworths fundamental ratios Correlations

0.70.580.860.080.77-0.030.690.420.820.730.82-0.720.730.410.710.52-0.220.70.50.41-0.720.810.60.710.64
0.70.330.59-0.340.970.31.00.550.410.480.93-0.510.480.80.630.17-0.470.980.010.18-0.40.940.920.330.9
0.580.330.9-0.360.34-0.030.34-0.060.260.180.29-0.420.170.010.330.28-0.330.310.040.97-0.330.60.340.940.22
0.860.590.9-0.220.620.040.590.140.570.50.61-0.610.50.250.580.42-0.360.570.230.8-0.520.80.540.930.51
0.08-0.34-0.36-0.22-0.16-0.58-0.380.120.540.42-0.020.050.42-0.310.280.660.65-0.380.85-0.39-0.49-0.32-0.41-0.07-0.17
0.770.970.340.62-0.160.190.970.630.570.570.98-0.490.570.790.770.37-0.370.950.20.17-0.570.940.910.40.88
-0.030.3-0.030.04-0.580.190.32-0.07-0.23-0.270.15-0.09-0.270.280.0-0.29-0.860.36-0.560.030.240.230.34-0.160.05
0.691.00.340.59-0.380.970.320.560.390.440.92-0.50.440.810.620.15-0.490.99-0.020.18-0.380.940.930.330.88
0.420.55-0.060.140.120.63-0.070.560.460.120.68-0.030.120.730.620.32-0.020.610.29-0.23-0.530.520.73-0.010.39
0.820.410.260.570.540.57-0.230.390.460.730.68-0.410.730.320.810.790.090.410.810.1-0.830.510.350.50.4
0.730.480.180.50.420.57-0.270.440.120.730.61-0.591.00.150.560.510.190.390.620.03-0.550.460.230.390.7
0.820.930.290.61-0.020.980.150.920.680.680.61-0.540.610.760.820.47-0.310.920.320.11-0.650.910.870.390.84
-0.72-0.51-0.42-0.610.05-0.49-0.09-0.5-0.03-0.41-0.59-0.54-0.58-0.09-0.26-0.180.25-0.51-0.14-0.350.32-0.56-0.29-0.47-0.55
0.730.480.170.50.420.57-0.270.440.120.731.00.61-0.580.160.560.510.190.390.620.02-0.550.460.230.380.7
0.410.80.010.25-0.310.790.280.810.730.320.150.76-0.090.160.490.02-0.370.85-0.09-0.11-0.330.70.860.010.62
0.710.630.330.580.280.770.00.620.620.810.560.82-0.260.560.490.82-0.120.60.590.17-0.760.730.670.490.56
0.520.170.280.420.660.37-0.290.150.320.790.510.47-0.180.510.020.820.190.130.80.19-0.820.340.170.510.17
-0.22-0.47-0.33-0.360.65-0.37-0.86-0.49-0.020.090.19-0.310.250.19-0.37-0.120.19-0.520.49-0.37-0.02-0.48-0.49-0.2-0.16
0.70.980.310.57-0.380.950.360.990.610.410.390.92-0.510.390.850.60.13-0.52-0.040.16-0.40.930.940.30.83
0.50.010.040.230.850.2-0.56-0.020.290.810.620.32-0.140.62-0.090.590.80.49-0.04-0.08-0.720.1-0.060.330.11
0.410.180.970.8-0.390.170.030.18-0.230.10.030.11-0.350.02-0.110.170.19-0.370.16-0.08-0.210.460.190.90.05
-0.72-0.4-0.33-0.52-0.49-0.570.24-0.38-0.53-0.83-0.55-0.650.32-0.55-0.33-0.76-0.82-0.02-0.4-0.72-0.21-0.53-0.38-0.54-0.3
0.810.940.60.8-0.320.940.230.940.520.510.460.91-0.560.460.70.730.34-0.480.930.10.46-0.530.90.610.8
0.60.920.340.54-0.410.910.340.930.730.350.230.87-0.290.230.860.670.17-0.490.94-0.060.19-0.380.90.290.73
0.710.330.940.93-0.070.4-0.160.33-0.010.50.390.39-0.470.380.010.490.51-0.20.30.330.9-0.540.610.290.26
0.640.90.220.51-0.170.880.050.880.390.40.70.84-0.550.70.620.560.17-0.160.830.110.05-0.30.80.730.26
Click cells to compare fundamentals

Woolworths Account Relationship Matchups

Woolworths fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets38.5B39.2B33.3B37.2B33.9B17.7B
Short Long Term Debt Total18.9B14.9B16.8B15.7B16.7B17.6B
Other Current Liab3.5B16.1B3.2B3.4B3.9B2.1B
Total Current Liabilities13.5B23.1B10.8B11.9B12.8B7.0B
Total Stockholder Equity8.7B1.4B6.0B6.4B5.4B5.4B
Property Plant And Equipment Net20.8B17.0B18.2B18.3B19.3B20.2B
Current Deferred Revenue250M364M436M491M485M509.3M
Net Debt16.6B13.9B15.7B14.6B15.4B16.2B
Retained Earnings2.3B3.1B8.2B8.6B7.4B7.8B
Accounts Payable5.8B4.8B5.2B5.6B5.8B3.8B
Cash2.1B1.0B1.0B1.1B1.3B761.7M
Non Current Assets Total30.3B23.5B27.2B30.8B26.9B28.3B
Non Currrent Assets Other(4.0B)(2.8B)(2.8B)(3.1B)336M352.8M
Cash And Short Term Investments2.1B1.0B1.0B1.1B1.3B775.3M
Net Receivables548M480M856M1.0B1.1B1.1B
Common Stock Shares Outstanding1.3B1.3B1.2B1.2B1.2B1.3B
Short Term Investments12M(62M)(11M)(3M)(3.5M)(3.3M)
Liabilities And Stockholders Equity38.5B39.2B33.3B37.2B33.9B17.8B
Non Current Liabilities Total16.0B14.4B16.4B18.7B15.5B16.3B
Inventory4.4B3.1B3.6B3.7B4.2B3.1B
Other Current Assets1.1B11.2B629M526M444M421.8M
Other Stockholder Equity(175M)(213M)(172M)(150M)(61M)(58.0M)
Total Liab29.4B37.5B27.2B30.6B28.4B29.8B
Property Plant And Equipment Gross20.8B33.0B35.6B37.4B40.2B42.2B
Total Current Assets8.1B15.8B6.1B6.4B7.0B5.2B
Accumulated Other Comprehensive Income391M(7.0B)(7.4B)(7.6B)(7.6B)(7.2B)
Short Term Debt3.9B1.6B1.9B2.1B2.3B2.4B
Intangible Assets7.7B4.7B5.3B5.7B2.4B2.8B
Common Stock6.2B5.5B5.4B5.6B5.7B3.3B
Good Will4.2B2.9B3.2B3.5B2.5B2.4B
Other Liab1.2B1.1B1.6B1.6B1.8B1.2B
Other Assets1.7B1.7B60.4B1.9B2.2B3.6B
Long Term Debt1.9B2.8B3.9B3.3B3.9B3.0B
Property Plant Equipment20.8B17.0B18.2B16.8B19.3B20.2B
Treasury Stock(146M)(205M)(175M)(213M)(191.7M)(201.3M)
Net Tangible Assets1.0B(3.3B)702M732M658.8M625.9M
Long Term Investments139M125M1.8B1.2B641M472.4M
Short Long Term Debt2.0B119M354M466M712M1.0B
Long Term Debt Total15.1B13.3B14.8B13.6B15.7B8.8B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Woolworths Stock Analysis

When running Woolworths' price analysis, check to measure Woolworths' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Woolworths is operating at the current time. Most of Woolworths' value examination focuses on studying past and present price action to predict the probability of Woolworths' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woolworths' price. Additionally, you may evaluate how the addition of Woolworths to your portfolios can decrease your overall portfolio volatility.