Woodside Accounts Payable vs Total Assets Analysis

WDS Stock   1,260  8.00  0.64%   
Woodside Energy financial indicator trend analysis is more than just analyzing Woodside Energy Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Woodside Energy Group is a good investment. Please check the relationship between Woodside Energy Accounts Payable and its Total Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Accounts Payable vs Total Assets

Accounts Payable vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Woodside Energy Group Accounts Payable account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Woodside Energy's Accounts Payable and Total Assets is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Assets in the same time period over historical financial statements of Woodside Energy Group, assuming nothing else is changed. The correlation between historical values of Woodside Energy's Accounts Payable and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Woodside Energy Group are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Accounts Payable i.e., Woodside Energy's Accounts Payable and Total Assets go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Woodside Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Woodside Energy Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Total Assets

Total assets refers to the total amount of Woodside Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Woodside Energy Group books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Woodside Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Woodside Energy Group 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Selling General Administrative is expected to grow to about 272.9 M, whereas Tax Provision is forecasted to decline to about 1.1 B.
 2021 2022 2023 2024 (projected)
Other Operating Expenses3.6B8.5B8.8B9.2B
Interest Expense133M167M258M270.9M

Woodside Energy fundamental ratios Correlations

0.420.780.920.990.990.16-0.360.430.990.890.450.950.950.970.980.790.020.960.940.690.80.670.90.94-0.61
0.420.50.350.330.40.36-0.160.50.390.170.520.210.610.260.550.490.070.310.230.110.340.520.450.220.15
0.780.50.870.740.750.15-0.330.460.760.650.490.730.760.780.830.740.170.740.710.610.860.730.720.71-0.42
0.920.350.870.90.870.0-0.440.50.890.860.530.930.830.950.920.840.260.90.860.620.840.770.880.93-0.52
0.990.330.740.90.980.11-0.30.40.990.890.420.960.920.970.950.770.020.960.940.680.770.630.870.94-0.61
0.990.40.750.870.980.27-0.290.311.00.870.330.940.940.940.950.7-0.010.940.940.710.750.590.850.9-0.62
0.160.360.150.00.110.27-0.26-0.550.240.19-0.530.160.340.050.24-0.31-0.280.20.270.470.15-0.150.080.06-0.35
-0.36-0.16-0.33-0.44-0.3-0.29-0.26-0.05-0.35-0.66-0.08-0.44-0.44-0.41-0.46-0.310.11-0.56-0.53-0.61-0.62-0.4-0.54-0.510.51
0.430.50.460.50.40.31-0.55-0.050.330.211.00.260.430.390.470.870.330.320.2-0.110.350.680.490.350.12
0.990.390.760.890.991.00.24-0.350.330.90.360.960.950.960.970.73-0.020.960.950.730.780.620.880.93-0.64
0.890.170.650.860.890.870.19-0.660.210.90.240.950.830.930.870.65-0.050.980.970.830.830.560.850.95-0.75
0.450.520.490.530.420.33-0.53-0.081.00.360.240.290.450.420.50.890.310.350.22-0.090.390.720.530.380.12
0.950.210.730.930.960.940.16-0.440.260.960.950.290.850.980.910.680.030.960.960.740.790.610.860.98-0.66
0.950.610.760.830.920.940.34-0.440.430.950.830.450.850.870.980.76-0.090.920.880.690.790.680.890.85-0.58
0.970.260.780.950.970.940.05-0.410.390.960.930.420.980.870.930.780.060.960.950.710.830.670.890.98-0.62
0.980.550.830.920.950.950.24-0.460.470.970.870.50.910.980.930.820.020.950.910.690.840.730.920.91-0.58
0.790.490.740.840.770.7-0.31-0.310.870.730.650.890.680.760.780.820.230.740.640.340.70.820.810.74-0.29
0.020.070.170.260.02-0.01-0.280.110.33-0.02-0.050.310.03-0.090.060.020.23-0.03-0.01-0.17-0.130.02-0.13-0.010.09
0.960.310.740.90.960.940.2-0.560.320.960.980.350.960.920.960.950.74-0.030.980.810.850.630.90.96-0.71
0.940.230.710.860.940.940.27-0.530.20.950.970.220.960.880.950.910.64-0.010.980.870.810.50.820.93-0.78
0.690.110.610.620.680.710.47-0.61-0.110.730.83-0.090.740.690.710.690.34-0.170.810.870.760.240.570.68-0.81
0.80.340.860.840.770.750.15-0.620.350.780.830.390.790.790.830.840.7-0.130.850.810.760.760.850.82-0.57
0.670.520.730.770.630.59-0.15-0.40.680.620.560.720.610.680.670.730.820.020.630.50.240.760.870.7-0.1
0.90.450.720.880.870.850.08-0.540.490.880.850.530.860.890.890.920.81-0.130.90.820.570.850.870.92-0.46
0.940.220.710.930.940.90.06-0.510.350.930.950.380.980.850.980.910.74-0.010.960.930.680.820.70.92-0.61
-0.610.15-0.42-0.52-0.61-0.62-0.350.510.12-0.64-0.750.12-0.66-0.58-0.62-0.58-0.290.09-0.71-0.78-0.81-0.57-0.1-0.46-0.61
Click cells to compare fundamentals

Woodside Energy Account Relationship Matchups

Woodside Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.4B24.6B26.5B59.3B55.4B58.1B
Short Long Term Debt Total6.9B7.6B6.7B6.8B6.5B3.6B
Other Current Liab749.0M1.1B2.2B2.2B1.9B2.0B
Total Current Liabilities1.1B2.1B2.6B6.6B5.0B5.2B
Total Stockholder Equity16.6B12.1B13.4B36.3B34.4B36.1B
Property Plant And Equipment Net23.2B18.5B20.3B42.0B42.7B44.8B
Net Debt2.8B4.0B3.7B583M4.8B5.0B
Retained Earnings6.7B1.4B3.4B3.3B186M176.7M
Cash4.1B3.6B3.0B6.2B1.7B1.3B
Non Current Assets Total24.7B20.4B22.2B50.0B50.2B52.8B
Non Currrent Assets Other21M95M53M1.1B1.5B1.5B
Cash And Short Term Investments4.1B3.8B3.3B6.9B1.9B1.3B
Net Receivables343M303M368M1.7B1.6B1.7B
Liabilities And Stockholders Equity28.6B23.8B26.5B59.3B55.4B58.1B
Non Current Liabilities Total10.8B9.7B9.6B15.6B15.2B16.0B
Inventory176M125M202M678M616M646.8M
Total Liab11.9B11.7B12.2B22.2B20.2B21.2B
Total Current Assets4.6B4.3B4.3B9.3B5.1B5.4B
Accumulated Other Comprehensive Income953M1.4B653M3.8B5.0B5.2B
Short Term Debt158M907M191M504M298M310.1M
Common Stock9.0B9.3B9.4B29.0B33.4B35.0B
Other Current Assets42.0M48M363M95M918M963.9M
Short Term Investments28M172M320M677M209M167.9M
Current Deferred Revenue715.0M951M1.3B4.4B2.7B2.8B
Accounts Payable224M100M191M2.0B1.7B1.7B

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When determining whether Woodside Energy Group is a strong investment it is important to analyze Woodside Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Woodside Energy's future performance. For an informed investment choice regarding Woodside Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Please note, there is a significant difference between Woodside Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woodside Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woodside Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.