Woori Other Operating Expenses vs Net Income Analysis
WF Stock | USD 35.99 0.53 1.49% |
Woori Financial financial indicator trend analysis is more than just analyzing Woori Financial Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Woori Financial Group is a good investment. Please check the relationship between Woori Financial Other Operating Expenses and its Net Income accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woori Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
Other Operating Expenses vs Net Income
Other Operating Expenses vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Woori Financial Group Other Operating Expenses account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Woori Financial's Other Operating Expenses and Net Income is 0.55. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Net Income in the same time period over historical financial statements of Woori Financial Group, assuming nothing else is changed. The correlation between historical values of Woori Financial's Other Operating Expenses and Net 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 Other Operating Expenses of Woori Financial Group are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Other Operating Expenses i.e., Woori Financial's Other Operating Expenses and Net Income go up and down completely randomly.
Correlation Coefficient | 0.55 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Woori Financial Group. It is also known as Woori Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Woori Financial Group financial statement analysis. It represents the amount of money remaining after all of Woori Financial Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Woori Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Woori Financial 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, which includes a position in Woori Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. At this time, Woori Financial's Enterprise Value Multiple is most likely to drop in the upcoming years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 9.6T | 11.4T | 9.1T | 7.7T | Total Revenue | 9.6T | 11.4T | 9.5T | 7.7T |
Woori Financial fundamental ratios Correlations
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Woori Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Woori Financial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 362.0T | 399.1T | 447.2T | 480.5T | 498.0T | 292.1T | |
Short Long Term Debt Total | 53.0T | 61.3T | 70.0T | 73.1T | 75.1T | 55.5T | |
Total Stockholder Equity | 21.5T | 23.1T | 25.8T | 28.8T | 31.7T | 18.1T | |
Property Plant And Equipment Net | 3.4T | 4.4T | 5.0T | 5.7T | 6.5T | 6.8T | |
Net Debt | 46.6T | 48.3T | 61.4T | 33.4T | 44.5T | 23.2T | |
Cash | 6.4T | 10.0T | 7.6T | 34.2T | 30.6T | 32.1T | |
Non Current Assets Total | 62.2T | 70.8T | 78.1T | 90.8T | 568.1T | 596.5T | |
Other Assets | 258.5T | 282.9T | 313.3T | 313.7T | (86.3T) | (81.9T) | |
Cash And Short Term Investments | 34.1T | 40.0T | 46.7T | 67.3T | 16.2T | 21.3T | |
Good Will | 350.7B | 334.3B | 345.4B | 397.5B | 445.1B | 247.1B | |
Liabilities And Stockholders Equity | 362.0T | 399.1T | 447.2T | 480.5T | 498.0T | 267.0T | |
Non Current Liabilities Total | 53.3T | 58.7T | 69.4T | 6.0T | 464.6T | 487.8T | |
Other Stockholder Equity | (625.5B) | 174.0B | 809.2B | 1.4T | 2.9T | 3.0T | |
Total Liab | 336.5T | 372.4T | 418.3T | 448.8T | 464.6T | 272.7T | |
Total Current Assets | 41.3T | 45.4T | 55.8T | 75.9T | 16.2T | 24.7T | |
Total Current Liabilities | 6.3T | 4.0T | 7.0T | 6.0T | 80.4T | 84.4T | |
Current Deferred Revenue | 234.7B | 248.7B | 291.1B | 342.1T | 390.5B | 370.9B | |
Retained Earnings | 18.5T | 19.3T | 21.4T | 23.8T | 25.0T | 15.5T | |
Common Stock Shares Outstanding | 685.5M | 722.3M | 724.4M | 727.7M | 245.1M | 435.2M | |
Other Current Liab | (234.7B) | (4.0T) | (1.6T) | (345.0T) | (10.3T) | (10.8T) | |
Other Liab | 18.4T | 15.4T | 25.5T | 10.3T | 11.8T | 15.8T | |
Net Tangible Assets | 20.9T | 22.3T | 25.1T | 28.1T | 32.3T | 19.3T | |
Accounts Payable | 6.1T | 4.0T | 7.0T | 6.0T | 10.2T | 9.7T | |
Non Currrent Assets Other | (39.5B) | (46.1B) | (31.1B) | (109.3B) | 474.6T | 498.3T | |
Long Term Debt | 49.1T | 58.2T | 68.6T | 69.9T | 74.7T | 53.3T | |
Net Receivables | 7.2T | 5.3T | 9.1T | 8.6T | 17.3T | 18.2T | |
Short Term Investments | 27.7T | 30.0T | 39.1T | 33.1T | 37.9T | 22.1T | |
Inventory | (32.3T) | (34.5T) | (37.8T) | (54.7T) | (33.5T) | (31.8T) | |
Other Current Assets | 32.3T | 34.5T | 37.8T | 54.7T | 50.5T | 80.0T | |
Deferred Long Term Liab | 225.2B | 208.9B | 207.7B | 212.6B | 244.5B | 178.9B | |
Long Term Investments | 57.1T | 62.8T | 71.5T | 83.5T | 86.0T | 49.2T | |
Accumulated Other Comprehensive Income | (2.2T) | (2.3T) | (2.2T) | (2.4T) | 1.5T | 1.6T | |
Short Term Debt | 133.5B | 3.8T | 1.3T | 2.9T | 49.4T | 51.9T | |
Intangible Assets | 1.4T | 1.4T | 1.3T | 1.3T | 551.7B | 1.0T | |
Property Plant Equipment | 3.4T | 3.3T | 3.2T | 3.5T | 4.1T | 2.9T | |
Long Term Debt Total | 49.6T | 57.5T | 68.7T | 70.2T | 80.8T | 56.3T |
Currently Active Assets on Macroaxis
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Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Woori Financial. If investors know Woori will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Woori Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.483 | Earnings Share 7.41 | Revenue Per Share 42 K | Quarterly Revenue Growth 0.283 | Return On Assets 0.0057 |
The market value of Woori Financial Group is measured differently than its book value, which is the value of Woori that is recorded on the company's balance sheet. Investors also form their own opinion of Woori Financial's value that differs from its market value or its book value, called intrinsic value, which is Woori Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Woori Financial's market value can be influenced by many factors that don't directly affect Woori Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Woori Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woori Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woori Financial'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.