Commonwealth Net Income From Continuing Ops vs Reconciled Depreciation Analysis

CBAPM Stock

105.80 0.16 0.15%

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

Net Income From Continuing Ops vs Reconciled Depreciation

Net Income From Continuing Ops vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commonwealth Bank Net Income From Continuing Ops account and Reconciled Depreciation. At this time, the significance of the direction appears to have pay attention.

The correlation between Commonwealth Bank's Net Income From Continuing Ops and Reconciled Depreciation is -0.97. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Commonwealth Bank of, assuming nothing else is changed. The correlation between historical values of Commonwealth Bank's Net Income From Continuing Ops and Reconciled Depreciation 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 Income From Continuing Ops of Commonwealth Bank of are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Net Income From Continuing Ops i.e., Commonwealth Bank's Net Income From Continuing Ops and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

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Net Income From Continuing Ops

Reconciled Depreciation

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

As of November 30, 2024, Tax Provision is expected to decline to about 4 B. In addition to that, Selling General Administrative is expected to decline to about 615.4 M

	2021	2022	2023	2024 (projected)
Net Interest Income	19.5B	23.1B	26.5B	22.2B
Tax Provision	4.0B	4.2B	4.8B	4.0B

Net Interest Income Tax Provision

Commonwealth Bank fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Good Will	Common Stock Shares Outstanding	Short Term Investments	Total Liab	Net Invested Capital	Long Term Investments	Property Plant And Equipment Gross	Short Long Term Debt	Capital Stock	Intangible Assets
Total Assets		-0.56	-0.92	-0.86	0.98	0.93	0.92	-0.64	0.82	-0.82	-0.64	1.0	-0.77	-0.94	0.89	-0.64	-0.89	0.91
Total Stockholder Equity	-0.56		0.72	0.24	-0.49	-0.49	-0.31	0.91	-0.79	0.89	0.91	-0.56	0.67	0.69	-0.75	0.91	0.85	-0.57
Property Plant And Equipment Net	-0.92	0.72		0.85	-0.91	-0.76	-0.87	0.85	-0.82	0.95	0.85	-0.91	0.94	0.99	-0.82	0.85	0.95	-0.76
Net Debt	-0.86	0.24	0.85		-0.89	-0.7	-0.99	0.47	-0.53	0.65	0.47	-0.86	0.79	0.86	-0.56	0.47	0.68	-0.61
Retained Earnings	0.98	-0.49	-0.91	-0.89		0.9	0.93	-0.64	0.81	-0.8	-0.64	0.98	-0.8	-0.94	0.86	-0.64	-0.87	0.9
Accounts Payable	0.93	-0.49	-0.76	-0.7	0.9		0.8	-0.47	0.71	-0.68	-0.47	0.93	-0.52	-0.81	0.84	-0.47	-0.81	0.96
Cash	0.92	-0.31	-0.87	-0.99	0.93	0.8		-0.49	0.61	-0.68	-0.49	0.92	-0.76	-0.89	0.66	-0.49	-0.74	0.72
Long Term Debt	-0.64	0.91	0.85	0.47	-0.64	-0.47	-0.49		-0.85	0.96	1.0	-0.64	0.89	0.82	-0.78	1.0	0.89	-0.57
Good Will	0.82	-0.79	-0.82	-0.53	0.81	0.71	0.61	-0.85		-0.89	-0.85	0.82	-0.79	-0.83	0.97	-0.85	-0.89	0.82
Common Stock Shares Outstanding	-0.82	0.89	0.95	0.65	-0.8	-0.68	-0.68	0.96	-0.89		0.96	-0.82	0.91	0.94	-0.86	0.96	0.98	-0.74
Short Term Investments	-0.64	0.91	0.85	0.47	-0.64	-0.47	-0.49	1.0	-0.85	0.96		-0.64	0.89	0.82	-0.78	1.0	0.89	-0.57
Total Liab	1.0	-0.56	-0.91	-0.86	0.98	0.93	0.92	-0.64	0.82	-0.82	-0.64		-0.76	-0.94	0.88	-0.64	-0.89	0.91
Net Invested Capital	-0.77	0.67	0.94	0.79	-0.8	-0.52	-0.76	0.89	-0.79	0.91	0.89	-0.76		0.92	-0.72	0.89	0.86	-0.58
Long Term Investments	-0.94	0.69	0.99	0.86	-0.94	-0.81	-0.89	0.82	-0.83	0.94	0.82	-0.94	0.92		-0.85	0.82	0.96	-0.81
Property Plant And Equipment Gross	0.89	-0.75	-0.82	-0.56	0.86	0.84	0.66	-0.78	0.97	-0.86	-0.78	0.88	-0.72	-0.85		-0.78	-0.91	0.93
Short Long Term Debt	-0.64	0.91	0.85	0.47	-0.64	-0.47	-0.49	1.0	-0.85	0.96	1.0	-0.64	0.89	0.82	-0.78		0.89	-0.57
Capital Stock	-0.89	0.85	0.95	0.68	-0.87	-0.81	-0.74	0.89	-0.89	0.98	0.89	-0.89	0.86	0.96	-0.91	0.89		-0.85
Intangible Assets	0.91	-0.57	-0.76	-0.61	0.9	0.96	0.72	-0.57	0.82	-0.74	-0.57	0.91	-0.58	-0.81	0.93	-0.57	-0.85

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Other Information on Investing in Commonwealth Stock

Balance Sheet is a snapshot of the financial position of Commonwealth Bank at a specified time, usually calculated after every quarter, six months, or one year. Commonwealth Bank Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Commonwealth Bank 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 Commonwealth currently owns. An asset can also be divided into two categories, current and non-current.

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Commonwealth Net Income From Continuing Ops vs Reconciled Depreciation Analysis

Net Income From Continuing Ops vs Reconciled Depreciation

Net Income From Continuing Ops vs Reconciled Depreciation Correlation Analysis

Correlation Coefficient

Net Income From Continuing Ops

Reconciled Depreciation

Commonwealth Bank fundamental ratios Correlations

Commonwealth Bank Account Relationship Matchups

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Other Information on Investing in Commonwealth Stock

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Total Liab	+ 1.0	Total Assets
Short Term Investments	+ 1.0	Long Term Debt
Short Long Term Debt	+ 1.0	Long Term Debt
Short Long Term Debt	+ 1.0	Short Term Investments
Long Term Investments	+ 0.99	Property Plant And Equipment Net
Retained Earnings	+ 0.98	Total Assets

Cash	- 0.99	Net Debt
Long Term Investments	- 0.94	Total Liab
Long Term Investments	- 0.94	Retained Earnings
Long Term Investments	- 0.94	Total Assets
Property Plant And Equipment Net	- 0.92	Total Assets
Capital Stock	- 0.91	Property Plant And Equipment Gross