ANZ Current Deferred Revenue vs Property Plant And Equipment Net Analysis

AN3PJ Stock   103.68  0.37  0.36%   
ANZ Group financial indicator trend analysis is way more than just evaluating ANZ Group Holdings prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ANZ Group Holdings is a good investment. Please check the relationship between ANZ Group Current Deferred Revenue and its Property Plant And Equipment Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ANZ Group Holdings. 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.

Current Deferred Revenue vs Property Plant And Equipment Net

Current Deferred Revenue vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANZ Group Holdings Current Deferred Revenue account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ANZ Group's Current Deferred Revenue and Property Plant And Equipment Net is 0.59. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of ANZ Group Holdings, assuming nothing else is changed. The correlation between historical values of ANZ Group's Current Deferred Revenue and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of ANZ Group Holdings are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Current Deferred Revenue i.e., ANZ Group's Current Deferred Revenue and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from ANZ Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ANZ Group Holdings 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ANZ Group Holdings. 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.
The current year's Selling General Administrative is expected to grow to about 808.5 M, whereas Tax Provision is forecasted to decline to about 2.9 B.
 2021 2022 2023 2024 (projected)
Interest Expense8.7B33.3B44.6B46.8B
Depreciation And Amortization1.0B923M926M564.2M

ANZ Group fundamental ratios Correlations

0.980.240.00.710.5-0.470.980.790.62-0.470.910.76-0.250.780.980.520.60.190.68-0.57-0.610.190.730.130.04
0.980.19-0.120.670.35-0.480.950.710.67-0.370.930.68-0.280.741.00.570.490.210.63-0.54-0.530.110.650.180.05
0.240.19-0.110.030.35-0.60.330.40.35-0.620.290.43-0.53-0.070.16-0.160.22-0.77-0.190.34-0.710.750.57-0.560.43
0.0-0.12-0.110.170.330.260.040.36-0.350.02-0.180.420.160.14-0.1-0.50.550.250.26-0.2-0.010.020.110.0-0.65
0.710.670.030.170.53-0.120.710.660.43-0.570.670.68-0.070.570.670.690.620.410.52-0.44-0.230.270.420.160.14
0.50.350.350.330.530.10.460.450.09-0.670.30.520.030.530.380.140.56-0.230.49-0.45-0.440.320.590.020.06
-0.47-0.48-0.60.26-0.120.1-0.59-0.6-0.590.31-0.6-0.510.46-0.12-0.45-0.11-0.270.140.04-0.260.74-0.58-0.550.48-0.38
0.980.950.330.040.710.46-0.590.870.62-0.490.910.83-0.340.720.950.450.640.180.61-0.44-0.70.330.73-0.020.07
0.790.710.40.360.660.45-0.60.870.36-0.460.670.93-0.380.570.710.130.790.180.51-0.23-0.750.510.62-0.27-0.07
0.620.670.35-0.350.430.09-0.590.620.36-0.450.880.32-0.280.210.640.560.050.05-0.02-0.08-0.430.380.55-0.060.46
-0.47-0.37-0.620.02-0.57-0.670.31-0.49-0.46-0.45-0.48-0.54-0.03-0.28-0.37-0.37-0.50.33-0.170.20.46-0.54-0.650.08-0.41
0.910.930.29-0.180.670.3-0.60.910.670.88-0.480.62-0.330.560.920.610.370.190.38-0.34-0.570.320.660.020.25
0.760.680.430.420.680.52-0.510.830.930.32-0.540.62-0.220.590.690.150.910.070.57-0.35-0.610.40.75-0.07-0.12
-0.25-0.28-0.530.16-0.070.030.46-0.34-0.38-0.28-0.03-0.33-0.220.06-0.230.060.110.230.16-0.530.61-0.64-0.060.71-0.34
0.780.74-0.070.140.570.53-0.120.720.570.21-0.280.560.590.060.760.40.670.290.96-0.69-0.31-0.150.510.37-0.22
0.981.00.16-0.10.670.38-0.450.950.710.64-0.370.920.69-0.230.760.570.520.230.67-0.59-0.510.080.660.230.01
0.520.57-0.16-0.50.690.14-0.110.450.130.56-0.370.610.150.060.40.570.080.320.3-0.350.06-0.020.230.360.5
0.60.490.220.550.620.56-0.270.640.790.05-0.50.370.910.110.670.520.080.140.71-0.49-0.380.160.640.15-0.3
0.190.21-0.770.250.41-0.230.140.180.180.050.330.190.070.230.290.230.320.140.31-0.310.27-0.32-0.290.27-0.33
0.680.63-0.190.260.520.490.040.610.51-0.02-0.170.380.570.160.960.670.30.710.31-0.75-0.17-0.30.420.48-0.39
-0.57-0.540.34-0.2-0.44-0.45-0.26-0.44-0.23-0.080.2-0.34-0.35-0.53-0.69-0.59-0.35-0.49-0.31-0.75-0.120.56-0.38-0.790.48
-0.61-0.53-0.71-0.01-0.23-0.440.74-0.7-0.75-0.430.46-0.57-0.610.61-0.31-0.510.06-0.380.27-0.17-0.12-0.73-0.610.63-0.27
0.190.110.750.020.270.32-0.580.330.510.38-0.540.320.4-0.64-0.150.08-0.020.16-0.32-0.30.56-0.730.35-0.830.6
0.730.650.570.110.420.59-0.550.730.620.55-0.650.660.75-0.060.510.660.230.64-0.290.42-0.38-0.610.350.060.17
0.130.18-0.560.00.160.020.48-0.02-0.27-0.060.080.02-0.070.710.370.230.360.150.270.48-0.790.63-0.830.06-0.42
0.040.050.43-0.650.140.06-0.380.07-0.070.46-0.410.25-0.12-0.34-0.220.010.5-0.3-0.33-0.390.48-0.270.60.17-0.42
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ANZ Group Account Relationship Matchups

ANZ Group fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0T978.9B1.1T1.1T1.2T1.3T
Short Long Term Debt Total128.8B128.0B134.0B150.1B172.6B181.2B
Other Current Liab(349M)(419M)(829M)(305M)(360M)(378M)
Total Current Liabilities9.1B166.0B240.8B(7.5B)(8.6B)(8.2B)
Total Stockholder Equity61.3B63.7B65.9B69.5B69.9B73.3B
Property Plant And Equipment Net3.0B2.7B2.4B2.1B2.2B2.1B
Net Debt48.1B(13.9B)(23.5B)(146.4B)(113.0B)(107.3B)
Retained Earnings33.3B36.5B39.7B42.2B43.4B45.6B
Cash80.7B141.9B157.5B146.4B113.0B118.6B
Non Current Assets Total289.2B175.4B220.1B203.3B1.1T1.2T
Non Currrent Assets Other(289.2B)(175.4B)(220.1B)(203.3B)(249.9B)(237.4B)
Other Assets666.1B655.6B702.9B751.2B1.2T1.3T
Cash And Short Term Investments80.7B141.9B157.5B146.4B113.0B118.6B
Net Receivables6.4B6B5.2B4.7B4.4B4.2B
Common Stock Shares Outstanding3.2B3.1B3.1B3.3B3.8B2.3B
Liabilities And Stockholders Equity1.0T978.9B1.1T1.1T1.2T1.3T
Non Current Liabilities Total128.8B128.0B134.0B150.1B172.6B181.2B
Total Liab981.0B128.0B134.0B1.0T1.2T1.2T
Total Current Assets87.0B147.9B162.7B151.1B113.0B85.0B
Accumulated Other Comprehensive Income1.5B1.2B(2.6B)(1.7B)(1.6B)(1.5B)
Short Term Debt9.1B48.3B64.4B54.9B63.1B60.7B
Common Stock26.5B26.0B28.8B29.1B28.2B15.0B
Accounts Payable9.1B8.6B9.8B15.0B13.5B8.0B
Good Will3.3B3.1B2.9B3.1B4.4B4.5B
Inventory81.0B(251.5B)(311.2B)4.7B4.2B4.4B
Other Current Assets311.7B251.5B311.2B(4.7B)(4.4B)(4.2B)
Intangible Assets1.1B1.0B971M1.0B1.1B1.9B

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Other Information on Investing in ANZ Stock

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