Westpac Other Stockholder Equity vs Long Term Debt Total Analysis

WBCPJ Stock   104.90  0.10  0.1%   
Westpac Banking financial indicator trend analysis is more than just analyzing Westpac Banking current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westpac Banking is a good investment. Please check the relationship between Westpac Banking Other Stockholder Equity and its Long Term Debt Total accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westpac Banking. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Other Stockholder Equity vs Long Term Debt Total

Other Stockholder Equity vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westpac Banking Other Stockholder Equity account and Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Westpac Banking's Other Stockholder Equity and Long Term Debt Total is 0.36. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Westpac Banking, assuming nothing else is changed. The correlation between historical values of Westpac Banking's Other Stockholder Equity and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Westpac Banking are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Other Stockholder Equity i.e., Westpac Banking's Other Stockholder Equity and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.36
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Stockholder Equity

Long Term Debt Total

Most indicators from Westpac Banking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westpac Banking 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 Westpac Banking. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
As of November 30, 2024, Tax Provision is expected to decline to about 2.4 B. In addition to that, Selling General Administrative is expected to decline to about 6.2 B
 2021 2022 2023 2024 (projected)
Net Interest Income16.9B17.2B18.3B18.3B
Tax Provision3.0B2.8B3.1B2.4B

Westpac Banking fundamental ratios Correlations

-0.850.940.92-0.05-0.31-0.910.261.0-0.850.750.940.630.40.860.920.460.93-0.88-0.880.910.720.730.73-0.7-0.91
-0.85-0.81-0.880.30.620.920.04-0.850.67-0.49-0.83-0.66-0.17-0.57-0.84-0.07-0.820.930.93-0.88-0.77-0.66-0.570.940.86
0.94-0.810.930.13-0.26-0.870.450.93-0.940.650.940.660.40.930.880.530.92-0.83-0.820.820.50.830.85-0.59-0.93
0.92-0.880.93-0.1-0.39-0.890.190.91-0.80.60.90.530.230.820.890.480.9-0.86-0.910.860.630.750.65-0.73-0.9
-0.050.30.13-0.10.80.320.94-0.07-0.20.190.04-0.10.130.31-0.060.520.010.330.4-0.27-0.430.020.190.580.0
-0.310.62-0.26-0.390.80.640.64-0.310.220.17-0.21-0.40.120.04-0.240.44-0.20.640.65-0.47-0.37-0.41-0.220.790.38
-0.910.92-0.87-0.890.320.640.01-0.910.77-0.56-0.81-0.63-0.34-0.67-0.82-0.26-0.820.910.94-0.85-0.66-0.84-0.70.850.88
0.260.040.450.190.940.640.010.24-0.50.410.350.190.330.610.240.630.320.030.110.02-0.250.30.50.36-0.31
1.0-0.850.930.91-0.07-0.31-0.910.24-0.840.760.930.630.40.840.920.450.93-0.88-0.880.910.740.710.71-0.7-0.9
-0.850.67-0.94-0.8-0.20.220.77-0.5-0.84-0.48-0.84-0.63-0.36-0.89-0.71-0.47-0.770.780.75-0.76-0.33-0.77-0.880.430.8
0.75-0.490.650.60.190.17-0.560.410.76-0.480.750.480.70.720.830.580.82-0.42-0.410.530.610.480.54-0.35-0.68
0.94-0.830.940.90.04-0.21-0.810.350.93-0.840.750.760.460.890.970.390.99-0.84-0.810.880.690.660.78-0.66-0.91
0.63-0.660.660.53-0.1-0.4-0.630.190.63-0.630.480.760.560.590.72-0.120.73-0.72-0.550.660.460.530.8-0.59-0.76
0.4-0.170.40.230.130.12-0.340.330.4-0.360.70.460.560.460.530.280.52-0.14-0.110.140.150.510.68-0.1-0.38
0.86-0.570.930.820.310.04-0.670.610.84-0.890.720.890.590.460.820.690.88-0.66-0.630.720.380.670.81-0.32-0.84
0.92-0.840.880.89-0.06-0.24-0.820.240.92-0.710.830.970.720.530.820.390.99-0.8-0.790.840.760.650.7-0.71-0.9
0.46-0.070.530.480.520.44-0.260.630.45-0.470.580.39-0.120.280.690.390.44-0.07-0.180.17-0.010.460.350.17-0.38
0.93-0.820.920.90.01-0.2-0.820.320.93-0.770.820.990.730.520.880.990.44-0.81-0.780.850.70.670.75-0.66-0.92
-0.880.93-0.83-0.860.330.640.910.03-0.880.78-0.42-0.84-0.72-0.14-0.66-0.8-0.07-0.810.96-0.96-0.72-0.62-0.640.860.86
-0.880.93-0.82-0.910.40.650.940.11-0.880.75-0.41-0.81-0.55-0.11-0.63-0.79-0.18-0.780.96-0.93-0.73-0.67-0.570.870.8
0.91-0.880.820.86-0.27-0.47-0.850.020.91-0.760.530.880.660.140.720.840.170.85-0.96-0.930.820.50.57-0.79-0.82
0.72-0.770.50.63-0.43-0.37-0.66-0.250.74-0.330.610.690.460.150.380.76-0.010.7-0.72-0.730.820.190.19-0.8-0.57
0.73-0.660.830.750.02-0.41-0.840.30.71-0.770.480.660.530.510.670.650.460.67-0.62-0.670.50.190.84-0.52-0.79
0.73-0.570.850.650.19-0.22-0.70.50.71-0.880.540.780.80.680.810.70.350.75-0.64-0.570.570.190.84-0.38-0.79
-0.70.94-0.59-0.730.580.790.850.36-0.70.43-0.35-0.66-0.59-0.1-0.32-0.710.17-0.660.860.87-0.79-0.8-0.52-0.380.71
-0.910.86-0.93-0.90.00.380.88-0.31-0.90.8-0.68-0.91-0.76-0.38-0.84-0.9-0.38-0.920.860.8-0.82-0.57-0.79-0.790.71
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Westpac Banking Account Relationship Matchups

Westpac Banking fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets906.6B911.9B935.9B1.0T1.0T1.0T
Short Long Term Debt Total162.2B177.4B156.5B135.2B121.7B126.3B
Total Stockholder Equity65.5B68.0B72.0B70.5B72.5B73.2B
Retained Earnings27.2B26.5B30.6B29.1B31.4B30.9B
Other Assets723.9B729.9B703.8B6.6B7.6B7.2B
Long Term Debt213.2B179.3B135.2B146.9B167.1B137.9B
Good Will8.9B8.4B7.6B7.4B7.4B6.6B
Other Stockholder Equity1.1B1.3B1.5B(45M)(51.8M)(49.2M)
Total Liab841.1B843.9B863.8B943.7B957.2B940.0B
Treasury Stock(493M)(553M)(563M)(606M)(545.4M)(572.7M)
Intangible Assets3.1B3.1B2.5B2.9B3.5B3.2B
Common Stock36.1B37.5B40.5B41.6B47.8B41.1B
Property Plant Equipment1.3B1.2B3.9B2.9B3.3B2.3B
Earning Assets122.5B152.8B166.9B132.2B152.0B153.6B
Net Debt193.1B149.1B90.6B70.4B86.8B106.4B
Accounts Payable564.4B592.4B2.3B2.8B6.3B6.0B
Cash20.1B30.1B71.4B105.7B103.0B59.3B
Net Receivables1.2B1.2B1.3B1.9B2.3B1.6B
Common Stock Shares Outstanding3.5B3.6B3.7B3.5B3.5B3.9B
Short Term Investments72.6B90.6B82.5B75.3B73.9B81.2B
Long Term Debt Total162.2B177.4B156.5B135.2B121.7B125.4B
Net Invested Capital278.6B247.3B234.0B246.6B262.2B202.2B
Long Term Investments101.0B115.0B105.9B94.5B96.9B106.4B
Short Long Term Debt25.8B16.5B19.6B29.3B22.7B22.1B
Capital Stock37.5B40.5B41.6B39.7B39.8B43.1B

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Other Information on Investing in Westpac Stock

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