Treasury Net Income vs Extraordinary Items Analysis

TWE Stock   11.28  0.14  1.26%   
Treasury Wine financial indicator trend analysis is much more than just breaking down Treasury Wine Estates prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Treasury Wine Estates is a good investment. Please check the relationship between Treasury Wine Net Income and its Extraordinary Items accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Treasury Wine Estates. 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 Income vs Extraordinary Items

Net Income vs Extraordinary Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Treasury Wine Estates Net Income account and Extraordinary Items. At this time, the significance of the direction appears to have very week relationship.
The correlation between Treasury Wine's Net Income and Extraordinary Items is 0.22. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Extraordinary Items in the same time period over historical financial statements of Treasury Wine Estates, assuming nothing else is changed. The correlation between historical values of Treasury Wine's Net Income and Extraordinary 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 Net Income of Treasury Wine Estates are associated (or correlated) with its Extraordinary Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Extraordinary Items has no effect on the direction of Net Income i.e., Treasury Wine's Net Income and Extraordinary Items go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Treasury Wine Estates financial statement analysis. It represents the amount of money remaining after all of Treasury Wine Estates operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Extraordinary Items

Most indicators from Treasury Wine's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Treasury Wine Estates 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Treasury Wine Estates. 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.
Tax Provision is likely to gain to about 86.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 145.9 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses2.0B1.9B2.2B2.1B
Gross Profit1.0B1.1B1.2B969.5M

Treasury Wine fundamental ratios Correlations

0.920.390.960.950.890.980.910.540.920.890.220.660.830.920.670.770.720.850.860.860.670.990.830.95-0.46
0.920.260.890.840.90.930.990.60.870.840.320.560.920.90.640.870.610.850.950.80.60.930.760.89-0.52
0.390.260.440.50.510.40.23-0.30.350.16-0.160.190.350.350.230.30.570.50.220.340.690.320.460.43-0.36
0.960.890.440.880.870.970.870.510.920.820.180.660.760.920.560.680.660.810.820.860.720.970.810.95-0.36
0.950.840.50.880.90.890.830.360.810.820.20.670.870.820.670.830.870.920.810.840.620.880.790.88-0.63
0.890.90.510.870.90.870.880.460.830.690.130.570.880.860.730.830.810.930.840.840.740.850.690.92-0.52
0.980.930.40.970.890.870.920.560.940.860.210.630.810.940.630.740.640.80.850.820.690.990.830.94-0.4
0.910.990.230.870.830.880.920.610.820.820.30.580.930.850.620.880.590.840.940.80.570.910.740.86-0.54
0.540.6-0.30.510.360.460.560.610.560.37-0.130.410.390.560.50.30.170.410.430.650.350.610.140.620.17
0.920.870.350.920.810.830.940.820.560.830.280.50.691.00.640.630.570.720.810.730.690.940.830.95-0.28
0.890.840.160.820.820.690.860.820.370.830.590.520.770.830.520.750.530.670.890.630.350.880.910.75-0.52
0.220.32-0.160.180.20.130.210.3-0.130.280.59-0.040.340.30.090.420.080.130.56-0.06-0.310.220.530.08-0.43
0.660.560.190.660.670.570.630.580.410.50.52-0.040.580.50.130.50.530.550.460.740.390.620.370.57-0.4
0.830.920.350.760.870.880.810.930.390.690.770.340.580.730.610.970.710.90.920.760.470.790.720.76-0.78
0.920.90.350.920.820.860.940.850.561.00.830.30.50.730.650.680.590.750.840.740.690.940.820.95-0.32
0.670.640.230.560.670.730.630.620.50.640.520.090.130.610.650.560.630.690.590.570.410.640.490.72-0.25
0.770.870.30.680.830.830.740.880.30.630.750.420.50.970.680.560.730.870.90.640.410.710.680.68-0.83
0.720.610.570.660.870.810.640.590.170.570.530.080.530.710.590.630.730.880.590.70.530.610.50.7-0.58
0.850.850.50.810.920.930.80.840.410.720.670.130.550.90.750.690.870.880.820.870.620.790.650.85-0.62
0.860.950.220.820.810.840.850.940.430.810.890.560.460.920.840.590.90.590.820.690.440.850.830.79-0.62
0.860.80.340.860.840.840.820.80.650.730.63-0.060.740.760.740.570.640.70.870.690.660.840.540.89-0.33
0.670.60.690.720.620.740.690.570.350.690.35-0.310.390.470.690.410.410.530.620.440.660.670.480.79-0.11
0.990.930.320.970.880.850.990.910.610.940.880.220.620.790.940.640.710.610.790.850.840.670.820.95-0.36
0.830.760.460.810.790.690.830.740.140.830.910.530.370.720.820.490.680.50.650.830.540.480.820.74-0.56
0.950.890.430.950.880.920.940.860.620.950.750.080.570.760.950.720.680.70.850.790.890.790.950.74-0.3
-0.46-0.52-0.36-0.36-0.63-0.52-0.4-0.540.17-0.28-0.52-0.43-0.4-0.78-0.32-0.25-0.83-0.58-0.62-0.62-0.33-0.11-0.36-0.56-0.3
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Treasury Wine Account Relationship Matchups

Treasury Wine fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B6.3B6.7B7.1B8.1B5.9B
Short Long Term Debt Total1.9B1.5B1.7B1.9B2.2B2.3B
Other Current Liab54.7M482.2M447.5M470.4M478.7M342.7M
Total Current Liabilities983M878.5M1.0B1.1B1.0B835.0M
Total Stockholder Equity3.6B3.6B3.8B3.9B4.6B3.8B
Other Liab363.2M339.8M359.4M427.1M491.2M515.7M
Property Plant And Equipment Net1.9B1.8B2.0B2.0B2.2B1.6B
Net Debt1.5B1.1B1.3B1.4B1.7B1.8B
Accounts Payable682.1M322.1M314.9M339.9M314M367.4M
Cash449.1M448.1M430.5M565.8M458.1M269.7M
Non Current Assets Total4.5B4.2B4.7B4.9B5.9B3.6B
Non Currrent Assets Other1.1B1.1B1.1B1.2B1.4B1.4B
Other Assets1.3B1.01.3B1.4B1.6B938.7M
Long Term Debt1.1B916.9M1.5B1.2B2.1B2.2B
Cash And Short Term Investments449.1M448.1M430.5M565.8M458.1M326.1M
Net Receivables543.2M513.8M585M515.1M440.9M530.5M
Good Will283.3M277.5M337M363.8M785.7M825.0M
Common Stock Shares Outstanding728.8M730.9M732.6M733.0M782.3M779.9M
Liabilities And Stockholders Equity6.6B6.3B6.7B7.1B8.1B5.9B
Non Current Liabilities Total2.1B1.8B1.9B2.1B2.5B2.6B
Inventory1.0B1.0B839.7M990.3M1.0B956.7M
Other Current Assets120M184.5M96.2M240.2M161M130.1M
Total Liab3.0B2.7B2.9B3.2B3.5B2.2B
Property Plant And Equipment Gross1.9B3.5B3.8B3.7B4.0B2.0B
Total Current Assets2.1B2.1B2.0B2.2B2.2B1.9B
Short Term Debt223.3M53.1M(279.3M)(137.8M)(550M)(522.5M)
Intangible Assets1.3B1.2B1.4B1.4B1.4B1.2B
Common Stock3.2B3.2B3.3B3.3B4.2B3.6B
Property Plant Equipment1.9B1.8B2.0B2.0B2.3B1.6B
Current Deferred Revenue22.9M21.1M8.5M18.7M77M80.9M
Retained Earnings310.2M394.4M455.5M464.6M302.9M250.5M
Accumulated Other Comprehensive Income12M(88M)48.7M116.4M82.2M86.3M
Other Stockholder Equity(3.6B)(3.7B)(3.7B)(18.1M)(16.3M)(17.1M)
Net Tangible Assets2.3B2.4B2.4B2.4B2.8B2.6B
Short Long Term Debt223.3M53.1M161.5M250.7M83.8M106.7M
Long Term Debt Total1.7B1.5B1.5B1.7B1.9B1.4B
Non Current Liabilities Other29M1.8B20.7M43.9M68.7M65.3M

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