ANZ Net Debt vs Retained Earnings Analysis

AN3PI Stock

103.37 0.13 0.13%

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

Net Debt vs Retained Earnings

Net Debt vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANZ Group Holdings Net Debt account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between ANZ Group's Net Debt and Retained Earnings is -0.56. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of ANZ Group Holdings, assuming nothing else is changed. The correlation between historical values of ANZ Group's Net Debt and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of ANZ Group Holdings are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Debt i.e., ANZ Group's Net Debt and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from ANZ Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANZ Group Holdings 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 ANZ Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

The current year's Selling General Administrative is expected to grow to about 929.8 M, whereas Tax Provision is forecasted to decline to about 2.9 B.

	2022	2023	2024	2025 (projected)
Interest Expense	33.3B	44.6B	51.3B	53.8B
Depreciation And Amortization	915M	926M	1.1B	563.7M

Interest Expense Depreciation And Amortization

ANZ Group 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 Shares Outstanding	Non Current Liabilities Total	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Short Term Investments	Other Stockholder Equity	Current Deferred Revenue	Good Will	Inventory
Total Assets		0.65	0.21	0.74	0.99	0.51	-0.47	0.99	0.81	0.77	-0.03	0.73	0.45	-0.29	0.72	0.74	0.85	0.41	0.18	0.91	-0.47	-0.63	-0.55	0.74	0.1	-0.54
Short Long Term Debt Total	0.65		0.16	0.53	0.67	0.71	0.16	0.6	0.46	0.39	0.46	0.3	-0.12	-0.18	0.85	0.44	0.56	0.71	-0.08	0.66	-0.41	-0.5	-0.52	0.48	0.09	-0.03
Other Current Liab	0.21	0.16		0.27	0.21	-0.07	-0.19	0.3	0.39	0.38	0.43	-0.3	0.22	-0.32	0.07	0.46	0.28	0.48	-0.26	0.08	0.23	-0.42	-0.28	0.19	-0.32	-0.21
Total Current Liabilities	0.74	0.53	0.27		0.7	0.61	-0.47	0.78	0.79	0.73	0.28	0.48	0.23	-0.44	0.42	0.87	0.58	0.63	0.18	0.53	-0.08	-0.86	-0.84	0.81	-0.39	-0.19
Total Stockholder Equity	0.99	0.67	0.21	0.7		0.51	-0.41	0.98	0.83	0.7	0.0	0.67	0.48	-0.26	0.77	0.68	0.81	0.43	0.21	0.95	-0.53	-0.6	-0.53	0.73	0.15	-0.57
Property Plant And Equipment Net	0.51	0.71	-0.07	0.61	0.51		0.03	0.48	0.46	0.31	0.28	0.36	-0.09	0.0	0.59	0.42	0.23	0.68	0.03	0.49	-0.45	-0.47	-0.58	0.63	0.02	0.12
Net Debt	-0.47	0.16	-0.19	-0.47	-0.41	0.03		-0.56	-0.56	-0.66	0.51	-0.59	-0.66	0.37	-0.02	-0.59	-0.35	0.2	-0.28	-0.22	-0.23	0.45	0.27	-0.38	0.27	0.57
Retained Earnings	0.99	0.6	0.3	0.78	0.98	0.48	-0.56		0.88	0.79	-0.01	0.69	0.52	-0.37	0.67	0.79	0.8	0.42	0.18	0.86	-0.37	-0.71	-0.61	0.74	-0.03	-0.58
Cash	0.81	0.46	0.39	0.79	0.83	0.46	-0.56	0.88		0.56	0.11	0.42	0.65	-0.43	0.56	0.75	0.53	0.47	0.21	0.69	-0.27	-0.78	-0.71	0.66	-0.27	-0.63
Non Current Assets Total	0.77	0.39	0.38	0.73	0.7	0.31	-0.66	0.79	0.56		-0.01	0.66	0.21	-0.41	0.3	0.83	0.76	0.34	0.05	0.52	0.07	-0.62	-0.44	0.62	-0.19	-0.21
Non Currrent Assets Other	-0.03	0.46	0.43	0.28	0.0	0.28	0.51	-0.01	0.11	-0.01		-0.52	-0.45	-0.23	0.13	0.16	-0.04	0.8	-0.23	-0.04	0.13	-0.32	-0.36	0.04	-0.41	0.45
Other Assets	0.73	0.3	-0.3	0.48	0.67	0.36	-0.59	0.69	0.42	0.66	-0.52		0.24	-0.23	0.36	0.51	0.63	-0.14	0.12	0.58	-0.27	-0.36	-0.29	0.47	0.13	-0.32
Cash And Short Term Investments	0.45	-0.12	0.22	0.23	0.48	-0.09	-0.66	0.52	0.65	0.21	-0.45	0.24		-0.06	0.29	0.29	0.25	-0.15	0.45	0.45	-0.24	-0.22	-0.15	0.39	0.1	-0.92
Net Receivables	-0.29	-0.18	-0.32	-0.44	-0.26	0.0	0.37	-0.37	-0.43	-0.41	-0.23	-0.23	-0.06		0.06	-0.47	-0.19	-0.11	0.29	0.01	-0.53	0.62	0.52	-0.08	0.71	0.0
Common Stock Shares Outstanding	0.72	0.85	0.07	0.42	0.77	0.59	-0.02	0.67	0.56	0.3	0.13	0.36	0.29	0.06		0.33	0.57	0.5	0.27	0.84	-0.66	-0.34	-0.35	0.53	0.39	-0.45
Non Current Liabilities Total	0.74	0.44	0.46	0.87	0.68	0.42	-0.59	0.79	0.75	0.83	0.16	0.51	0.29	-0.47	0.33		0.74	0.52	0.09	0.5	0.02	-0.74	-0.63	0.64	-0.37	-0.26
Total Liab	0.85	0.56	0.28	0.58	0.81	0.23	-0.35	0.8	0.53	0.76	-0.04	0.63	0.25	-0.19	0.57	0.74		0.31	0.15	0.79	-0.35	-0.4	-0.28	0.55	0.21	-0.39
Total Current Assets	0.41	0.71	0.48	0.63	0.43	0.68	0.2	0.42	0.47	0.34	0.8	-0.14	-0.15	-0.11	0.5	0.52	0.31		-0.03	0.39	-0.2	-0.54	-0.57	0.53	-0.2	0.16
Short Term Debt	0.18	-0.08	-0.26	0.18	0.21	0.03	-0.28	0.18	0.21	0.05	-0.23	0.12	0.45	0.29	0.27	0.09	0.15	-0.03		0.33	-0.28	0.22	0.21	0.26	0.36	-0.38
Common Stock	0.91	0.66	0.08	0.53	0.95	0.49	-0.22	0.86	0.69	0.52	-0.04	0.58	0.45	0.01	0.84	0.5	0.79	0.39	0.33		-0.74	-0.36	-0.33	0.67	0.43	-0.58
Accounts Payable	-0.47	-0.41	0.23	-0.08	-0.53	-0.45	-0.23	-0.37	-0.27	0.07	0.13	-0.27	-0.24	-0.53	-0.66	0.02	-0.35	-0.2	-0.28	-0.74		-0.08	0.03	-0.39	-0.72	0.4
Short Term Investments	-0.63	-0.5	-0.42	-0.86	-0.6	-0.47	0.45	-0.71	-0.78	-0.62	-0.32	-0.36	-0.22	0.62	-0.34	-0.74	-0.4	-0.54	0.22	-0.36	-0.08		0.95	-0.62	0.61	0.24
Other Stockholder Equity	-0.55	-0.52	-0.28	-0.84	-0.53	-0.58	0.27	-0.61	-0.71	-0.44	-0.36	-0.29	-0.15	0.52	-0.35	-0.63	-0.28	-0.57	0.21	-0.33	0.03	0.95		-0.67	0.55	0.16
Current Deferred Revenue	0.74	0.48	0.19	0.81	0.73	0.63	-0.38	0.74	0.66	0.62	0.04	0.47	0.39	-0.08	0.53	0.64	0.55	0.53	0.26	0.67	-0.39	-0.62	-0.67		0.07	-0.34
Good Will	0.1	0.09	-0.32	-0.39	0.15	0.02	0.27	-0.03	-0.27	-0.19	-0.41	0.13	0.1	0.71	0.39	-0.37	0.21	-0.2	0.36	0.43	-0.72	0.61	0.55	0.07		-0.23
Inventory	-0.54	-0.03	-0.21	-0.19	-0.57	0.12	0.57	-0.58	-0.63	-0.21	0.45	-0.32	-0.92	0.0	-0.45	-0.26	-0.39	0.16	-0.38	-0.58	0.4	0.24	0.16	-0.34	-0.23

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ANZ Group Account Relationship Matchups

ANZ Group fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	978.9B	1.1T	1.1T	1.2T	1.4T	1.5T
Short Long Term Debt Total	217.1B	126.7B	134.0B	150.1B	172.6B	88.2B
Other Current Liab	(54.9B)	(5.6B)	199.7B	(360M)	(414M)	(434.7M)
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	80.3B	84.4B
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	50.0B	52.5B
Cash	141.9B	157.5B	146.4B	113.0B	129.9B	136.4B
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)
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	4.0B	3.8B
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
Total Liab	126.7B	1.0T	1.0T	1.2T	1.3T	1.4T
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	9.1B	48.3B	64.4B	54.9B	63.1B	52.7B
Common Stock	26.0B	28.8B	29.1B	28.2B	32.4B	34.0B
Accounts Payable	8.8B	6.2B	4.8B	15.0B	13.5B	6.9B
Good Will	3.1B	2.9B	3.1B	4.4B	5.1B	4.5B
Inventory	81.0B	(251.5B)	(311.2B)	(283.9B)	(255.5B)	(268.3B)
Other Current Assets	251.5B	311.2B	283.9B	(4.4B)	(5.1B)	(4.8B)
Intangible Assets	1.0B	971M	1.0B	1.1B	1.3B	2.1B

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Other Information on Investing in ANZ Stock

Balance Sheet is a snapshot of the financial position of ANZ Group Holdings at a specified time, usually calculated after every quarter, six months, or one year. ANZ Group Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ANZ Group and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which ANZ currently owns. An asset can also be divided into two categories, current and non-current.

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