Australia Net Receivables vs Total Revenue Analysis

ANZ Stock   32.26  0.01  0.03%   
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 Net Receivables and its Total Revenue 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.

Net Receivables vs Total Revenue

Net Receivables vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Australia and New Net Receivables account and Total Revenue. At this time, the significance of the direction appears to have no relationship.
The correlation between Australia's Net Receivables and Total Revenue is 0.06. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Revenue 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 Net Receivables and Total Revenue 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 Receivables of Australia and New are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Receivables i.e., Australia's Net Receivables and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Total Revenue

Total revenue comprises all receipts Australia and New generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 7.4 B in 2024, whereas Tax Provision is likely to drop slightly above 2.2 B in 2024.
 2021 2022 2023 2024 (projected)
Operating Income18.8B10.0B11.5B7.8B
Other Operating Expenses9.5B44.6B20.4B643M

Australia fundamental ratios Correlations

0.710.040.450.990.540.070.980.650.260.30.920.26-0.130.730.940.36-0.40.790.730.560.280.93-0.52-0.390.48
0.71-0.190.20.710.220.320.650.320.080.30.6-0.06-0.30.590.720.06-0.150.640.170.250.680.68-0.41-0.080.13
0.04-0.190.74-0.020.45-0.380.10.580.640.41-0.150.11-0.410.20.00.77-0.46-0.070.480.59-0.54-0.180.13-0.810.46
0.450.20.740.360.56-0.440.490.740.740.370.310.17-0.360.460.360.87-0.660.320.730.64-0.180.17-0.05-0.850.74
0.990.71-0.020.360.520.140.970.620.150.310.90.29-0.10.70.950.25-0.350.750.670.540.330.96-0.53-0.310.43
0.540.220.450.560.520.170.50.450.240.370.36-0.150.020.470.550.35-0.070.210.710.7-0.250.46-0.45-0.550.56
0.070.32-0.38-0.440.140.17-0.02-0.46-0.560.45-0.05-0.620.25-0.130.17-0.550.550.15-0.290.230.330.29-0.210.47-0.3
0.980.650.10.490.970.5-0.020.730.270.340.920.34-0.230.650.880.41-0.510.730.780.580.240.87-0.39-0.480.45
0.650.320.580.740.620.45-0.460.730.460.240.490.62-0.370.60.580.69-0.690.340.720.520.040.46-0.23-0.790.55
0.260.080.640.740.150.24-0.560.270.460.20.230.08-0.330.460.20.83-0.480.330.520.43-0.37-0.02-0.01-0.670.55
0.30.30.410.370.310.370.450.340.240.20.16-0.41-0.34-0.030.230.27-0.210.270.350.840.040.210.18-0.440.06
0.920.6-0.150.310.90.36-0.050.920.490.230.160.23-0.170.530.780.28-0.410.740.710.370.190.82-0.29-0.310.31
0.26-0.060.110.170.29-0.15-0.620.340.620.08-0.410.23-0.030.370.260.21-0.410.060.23-0.150.070.25-0.21-0.170.35
-0.13-0.3-0.41-0.36-0.10.020.25-0.23-0.37-0.33-0.34-0.17-0.030.070.09-0.420.35-0.03-0.23-0.150.160.14-0.540.540.04
0.730.590.20.460.70.47-0.130.650.60.46-0.030.530.370.070.860.4-0.240.60.440.350.230.7-0.81-0.270.63
0.940.720.00.360.950.550.170.880.580.20.230.780.260.090.860.24-0.260.750.570.520.380.95-0.75-0.240.5
0.360.060.770.870.250.35-0.550.410.690.830.270.280.21-0.420.40.24-0.730.420.670.53-0.350.070.04-0.830.54
-0.4-0.15-0.46-0.66-0.35-0.070.55-0.51-0.69-0.48-0.21-0.41-0.410.35-0.24-0.26-0.73-0.36-0.55-0.35-0.06-0.19-0.140.68-0.27
0.790.64-0.070.320.750.210.150.730.340.330.270.740.06-0.030.60.750.42-0.360.440.440.290.76-0.43-0.130.33
0.730.170.480.730.670.71-0.290.780.720.520.350.710.23-0.230.440.570.67-0.550.440.7-0.320.51-0.14-0.780.6
0.560.250.590.640.540.70.230.580.520.430.840.37-0.15-0.150.350.520.53-0.350.440.7-0.150.45-0.18-0.640.48
0.280.68-0.54-0.180.33-0.250.330.240.04-0.370.040.190.070.160.230.38-0.35-0.060.29-0.32-0.150.42-0.330.35-0.2
0.930.68-0.180.170.960.460.290.870.46-0.020.210.820.250.140.70.950.07-0.190.760.510.450.42-0.68-0.070.36
-0.52-0.410.13-0.05-0.53-0.45-0.21-0.39-0.23-0.010.18-0.29-0.21-0.54-0.81-0.750.04-0.14-0.43-0.14-0.18-0.33-0.68-0.14-0.44
-0.39-0.08-0.81-0.85-0.31-0.550.47-0.48-0.79-0.67-0.44-0.31-0.170.54-0.27-0.24-0.830.68-0.13-0.78-0.640.35-0.07-0.14-0.42
0.480.130.460.740.430.56-0.30.450.550.550.060.310.350.040.630.50.54-0.270.330.60.48-0.20.36-0.44-0.42
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Australia Account Relationship Matchups

Australia fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0T978.9B1.1T1.1T1.2T438.5B
Short Long Term Debt Total217.1B149.4B158.2B150.1B172.6B102.3B
Other Current Liab202.0B109.1B166.5B199.7B(360M)316.2B
Total Current Liabilities246.0B166.0B240.8B200.0B230.0B241.5B
Total Stockholder Equity61.3B63.7B65.9B69.5B69.9B24.1B
Property Plant And Equipment Net3.0B2.7B2.4B2.1B2.2B2.1B
Net Debt136.5B(15.2B)(23.5B)3.6B(113.0B)(107.3B)
Retained Earnings33.3B36.5B39.7B42.2B43.4B12.5B
Cash80.7B141.9B157.5B146.4B113.0B114.8B
Non Current Assets Total730.5B175.4B220.1B821.7B1.1T1.2T
Non Currrent Assets Other710.4B(2.3B)(3.4B)618.4B(249.9B)(237.4B)
Other Assets630.4B655.6B702.9B751.2B1.2T9.2B
Cash And Short Term Investments(87.4B)141.9B157.5B146.4B113.0B118.6B
Net Receivables6.4B6B5.2B4.7B4.4B6.8B
Common Stock Shares Outstanding3.2B3.1B3.1B3.3B3.2B2.4B
Liabilities And Stockholders Equity1.0T978.9B1.1T1.1T1.2T1.3T
Non Current Liabilities Total735.0B126.7B1.0T835.6B960.9B1.0T
Other Stockholder Equity1.5B1.2B(2.6B)(1.7B)(1.8B)351M
Total Liab981.0B126.7B1.0T1.0T1.2T414.4B
Total Current Assets311.7B147.9B162.7B283.9B113.0B96.3B
Accumulated Other Comprehensive Income1.5B1.2B(2.6B)(1.7B)(1.6B)(1.5B)
Short Term Debt34.8B48.3B64.4B54.9B21.7B20.6B
Common Stock26.5B26.0B28.8B29.1B28.2B9.7B
Accounts Payable9.1B8.6B9.8B15.0B13.5B7.4B
Good Will3.3B3.1B2.9B3.1B4.4B4.2B
Inventory81.0B(251.5B)(311.2B)(283.9B)(255.5B)(242.7B)
Other Current Assets311.7B251.5B311.2B283.9B(4.4B)(4.2B)
Other Liab10.9B10.2B11.2B13.4B12.1B11.5B
Long Term Debt119.7B101.1B93.7B28.7B33.0B31.3B
Intangible Assets4.4B1.0B971M1.0B1.1B1.5B
Property Plant Equipment3.0B2.7B2.4B1.4B1.6B2.0B
Net Tangible Assets56.9B59.5B62.0B18.4B21.1B41.0B
Long Term Investments146.5B168.5B213.7B197.2B372.5B193.6B
Short Long Term Debt17.9B11.8B128.8B21.7B25.0B49.8B

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