Woodside Retained Earnings vs Total Current Liabilities 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 Retained Earnings and its Total Current Liabilities 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.

Retained Earnings vs Total Current Liabilities

Retained Earnings vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Woodside Energy Group Retained Earnings account and Total Current Liabilities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Woodside Energy's Retained Earnings and Total Current Liabilities is -0.44. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current Liabilities 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 Retained Earnings and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Woodside Energy Group are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings i.e., Woodside Energy's Retained Earnings and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Liabilities

Total Current Liabilities is an item on Woodside Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Woodside Energy Group are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
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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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.