Wesfarmers Depreciation And Amortization vs Net Interest Income Analysis

WES Stock

72.06 0.43 0.60%

Wesfarmers financial indicator trend analysis is more than just analyzing Wesfarmers current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wesfarmers is a good investment. Please check the relationship between Wesfarmers Depreciation And Amortization and its Net Interest Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wesfarmers. 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.

Depreciation And Amortization vs Net Interest Income

Depreciation And Amortization vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wesfarmers Depreciation And Amortization account and Net Interest Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Wesfarmers' Depreciation And Amortization and Net Interest Income is -0.78. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Wesfarmers, assuming nothing else is changed. The correlation between historical values of Wesfarmers' Depreciation And Amortization and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Wesfarmers are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Depreciation And Amortization i.e., Wesfarmers' Depreciation And Amortization and Net Interest Income go up and down completely randomly.

Correlation Coefficient

-0.78

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from Wesfarmers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wesfarmers 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 Wesfarmers. 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.

Selling General Administrative is likely to drop to about 7.5 B in 2024. Discontinued Operations is likely to drop to about 81.9 M in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	313M	354M	402M	250.2M
Depreciation And Amortization	1.6B	1.7B	1.8B	1.9B

Interest Expense Depreciation And Amortization

Wesfarmers fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.09	0.91	0.95	0.91	0.62	-0.51	0.05	0.36	0.92	0.2	0.99	0.05	0.37	0.54	0.88	0.96	0.72	0.07	0.79	0.63	0.01	0.71	0.07	0.89	0.39
Short Long Term Debt Total	0.09		-0.21	0.27	-0.26	0.81	0.54	0.97	-0.48	0.23	0.28	0.02	-0.47	0.16	0.5	-0.29	0.06	0.42	0.97	0.38	-0.04	0.34	0.65	0.93	0.41	0.55
Other Current Liab	0.91	-0.21		0.81	0.96	0.34	-0.7	-0.19	0.57	0.8	-0.1	0.93	0.26	0.11	0.31	0.96	0.86	0.49	-0.25	0.63	0.72	-0.07	0.42	-0.2	0.66	0.23
Total Current Liabilities	0.95	0.27	0.81		0.76	0.7	-0.41	0.24	0.13	0.96	0.18	0.91	-0.15	0.31	0.64	0.72	0.94	0.82	0.23	0.9	0.59	0.08	0.85	0.22	0.95	0.58
Total Stockholder Equity	0.91	-0.26	0.96	0.76		0.34	-0.66	-0.29	0.61	0.74	0.07	0.94	0.32	0.29	0.28	0.99	0.86	0.46	-0.27	0.55	0.62	-0.08	0.36	-0.23	0.65	0.13
Property Plant And Equipment Net	0.62	0.81	0.34	0.7	0.34		0.17	0.75	-0.08	0.65	0.38	0.58	-0.26	0.38	0.63	0.29	0.57	0.68	0.78	0.67	0.27	0.24	0.84	0.77	0.77	0.57
Current Deferred Revenue	-0.51	0.54	-0.7	-0.41	-0.66	0.17		0.53	-0.37	-0.44	0.13	-0.53	-0.02	0.17	0.3	-0.65	-0.48	-0.15	0.66	-0.31	-0.79	0.25	-0.02	0.61	-0.2	-0.21
Net Debt	0.05	0.97	-0.19	0.24	-0.29	0.75	0.53		-0.46	0.22	0.04	-0.02	-0.41	-0.05	0.52	-0.29	0.01	0.36	0.93	0.38	0.01	0.44	0.6	0.94	0.35	0.51
Retained Earnings	0.36	-0.48	0.57	0.13	0.61	-0.08	-0.37	-0.46		0.14	-0.18	0.42	0.8	0.02	-0.09	0.65	0.33	-0.05	-0.47	-0.05	0.25	-0.33	-0.24	-0.41	0.02	-0.36
Accounts Payable	0.92	0.23	0.8	0.96	0.74	0.65	-0.44	0.22	0.14		0.09	0.88	-0.16	0.15	0.59	0.7	0.94	0.84	0.18	0.95	0.61	0.1	0.82	0.21	0.91	0.46
Cash	0.2	0.28	-0.1	0.18	0.07	0.38	0.13	0.04	-0.18	0.09		0.17	-0.35	0.85	0.02	-0.05	0.23	0.37	0.3	0.05	-0.18	-0.36	0.33	0.11	0.33	0.27
Non Current Assets Total	0.99	0.02	0.93	0.91	0.94	0.58	-0.53	-0.02	0.42	0.88	0.17		0.12	0.37	0.5	0.92	0.94	0.65	0.01	0.73	0.63	-0.01	0.64	0.01	0.84	0.33
Non Currrent Assets Other	0.05	-0.47	0.26	-0.15	0.32	-0.26	-0.02	-0.41	0.8	-0.16	-0.35	0.12		-0.03	0.04	0.39	0.03	-0.28	-0.39	-0.3	-0.11	0.04	-0.44	-0.27	-0.19	-0.58
Cash And Short Term Investments	0.37	0.16	0.11	0.31	0.29	0.38	0.17	-0.05	0.02	0.15	0.85	0.37	-0.03		0.32	0.21	0.36	0.35	0.27	0.04	-0.24	-0.31	0.35	0.04	0.45	0.15
Net Receivables	0.54	0.5	0.31	0.64	0.28	0.63	0.3	0.52	-0.09	0.59	0.02	0.5	0.04	0.32		0.28	0.54	0.61	0.6	0.61	-0.02	0.34	0.75	0.53	0.75	0.27
Good Will	0.88	-0.29	0.96	0.72	0.99	0.29	-0.65	-0.29	0.65	0.7	-0.05	0.92	0.39	0.21	0.28		0.8	0.35	-0.3	0.49	0.61	-0.03	0.3	-0.24	0.58	0.09
Common Stock Total Equity	0.96	0.06	0.86	0.94	0.86	0.57	-0.48	0.01	0.33	0.94	0.23	0.94	0.03	0.36	0.54	0.8		0.84	0.05	0.84	0.58	-0.07	0.71	0.04	0.91	0.35
Common Stock Shares Outstanding	0.72	0.42	0.49	0.82	0.46	0.68	-0.15	0.36	-0.05	0.84	0.37	0.65	-0.28	0.35	0.61	0.35	0.84		0.39	0.89	0.37	-0.04	0.85	0.35	0.91	0.49
Non Current Liabilities Total	0.07	0.97	-0.25	0.23	-0.27	0.78	0.66	0.93	-0.47	0.18	0.3	0.01	-0.39	0.27	0.6	-0.3	0.05	0.39		0.31	-0.19	0.32	0.64	0.91	0.41	0.41
Inventory	0.79	0.38	0.63	0.9	0.55	0.67	-0.31	0.38	-0.05	0.95	0.05	0.73	-0.3	0.04	0.61	0.49	0.84	0.89	0.31		0.57	0.21	0.86	0.37	0.89	0.52
Other Current Assets	0.63	-0.04	0.72	0.59	0.62	0.27	-0.79	0.01	0.25	0.61	-0.18	0.63	-0.11	-0.24	-0.02	0.61	0.58	0.37	-0.19	0.57		0.03	0.37	-0.1	0.44	0.49
Other Stockholder Equity	0.01	0.34	-0.07	0.08	-0.08	0.24	0.25	0.44	-0.33	0.1	-0.36	-0.01	0.04	-0.31	0.34	-0.03	-0.07	-0.04	0.32	0.21	0.03		0.16	0.6	0.11	0.13
Total Liab	0.71	0.65	0.42	0.85	0.36	0.84	-0.02	0.6	-0.24	0.82	0.33	0.64	-0.44	0.35	0.75	0.3	0.71	0.85	0.64	0.86	0.37	0.16		0.55	0.92	0.67
Property Plant And Equipment Gross	0.07	0.93	-0.2	0.22	-0.23	0.77	0.61	0.94	-0.41	0.21	0.11	0.01	-0.27	0.04	0.53	-0.24	0.04	0.35	0.91	0.37	-0.1	0.6	0.55		0.36	0.39
Total Current Assets	0.89	0.41	0.66	0.95	0.65	0.77	-0.2	0.35	0.02	0.91	0.33	0.84	-0.19	0.45	0.75	0.58	0.91	0.91	0.41	0.89	0.44	0.11	0.92	0.36		0.53
Short Term Debt	0.39	0.55	0.23	0.58	0.13	0.57	-0.21	0.51	-0.36	0.46	0.27	0.33	-0.58	0.15	0.27	0.09	0.35	0.49	0.41	0.52	0.49	0.13	0.67	0.39	0.53

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Wesfarmers Account Relationship Matchups

Wesfarmers fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	26.0B	26.9B	28.0B	27.1B	27.3B	20.3B
Short Long Term Debt Total	9.9B	10.1B	12.1B	11.2B	11.3B	11.8B
Other Current Liab	1.3B	1.1B	1.5B	1.5B	1.6B	1.6B
Total Current Liabilities	7.3B	7.9B	8.9B	7.9B	8.2B	5.3B
Total Stockholder Equity	9.3B	9.7B	8.0B	8.3B	8.6B	10.7B
Property Plant And Equipment Net	10.6B	10.4B	10.8B	11.0B	11.2B	11.7B
Current Deferred Revenue	392M	349M	6M	1.1B	1.3B	1.4B
Net Debt	7.0B	7.1B	11.4B	10.5B	10.4B	11.0B
Retained Earnings	(245M)	(5.8B)	(5.4B)	(5.0B)	1.2B	1.2B
Accounts Payable	4.0B	4.2B	5.4B	5.3B	5.4B	3.0B
Cash	2.9B	3.0B	705M	673M	835M	718.5M
Non Current Assets Total	18.0B	17.8B	18.4B	18.0B	17.9B	14.4B
Non Currrent Assets Other	(3.0B)	(2.9B)	(3.3B)	(3.3B)	93M	97.7M
Cash And Short Term Investments	2.9B	3.0B	705M	673M	835M	947.3M
Net Receivables	1.0B	1.2B	2.1B	1.8B	2.2B	1.2B
Good Will	3.0B	3.0B	3.3B	3.4B	3.6B	6.1B
Liabilities And Stockholders Equity	26.0B	26.9B	28.0B	27.1B	27.3B	20.4B
Non Current Liabilities Total	9.4B	9.3B	11.2B	11.0B	10.5B	11.0B
Inventory	3.8B	4.5B	6.1B	6.0B	6.1B	3.1B
Other Current Assets	270M	324M	716M	613M	267M	253.7M
Other Stockholder Equity	301M	(5.6B)	(15.6B)	5.9B	5.3B	5.5B
Total Liab	16.7B	17.2B	20.1B	18.9B	18.7B	9.6B
Property Plant And Equipment Gross	9.8B	17.6B	19.2B	20.9B	22.5B	23.6B
Total Current Assets	8.1B	9.1B	9.6B	9.2B	9.4B	5.7B
Accumulated Other Comprehensive Income	(6.2B)	(311M)	(218M)	(251M)	(6.2B)	(5.9B)
Short Term Debt	1.5B	1.9B	2.1B	1.1B	1.2B	847.2M
Intangible Assets	3.8B	3.9B	4.7B	4.7B	1.5B	2.6B
Common Stock	15.8B	15.8B	15.8B	13.6B	15.6B	10.8B
Other Liab	435M	376M	404M	374M	430.1M	408.6M
Other Assets	1.1B	920M	621M	701M	2.3B	2.4B
Long Term Debt	2.2B	2.1B	4.0B	4.4B	4.8B	3.6B
Property Plant Equipment	10.6B	10.4B	10.8B	11.0B	12.7B	7.3B
Net Tangible Assets	5.5B	5.8B	3.3B	3.6B	3.2B	4.0B
Long Term Investments	1.8B	1.9B	1.6B	958M	938M	1.4B
Short Long Term Debt	356M	503M	950M	988M	889.2M	1.2B
Long Term Debt Total	8.4B	8.2B	10.0B	10.0B	11.5B	6.9B
Treasury Stock	(43M)	(81M)	(89M)	(102M)	(91.8M)	(87.2M)

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