ANZ Total Stockholder Equity vs Total Current Liabilities 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 Total Stockholder Equity and its Total Current Liabilities 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.

Total Stockholder Equity vs Total Current Liabilities

Total Stockholder Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ANZ Group Holdings Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between ANZ Group's Total Stockholder Equity and Total Current Liabilities is 0.17. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Total Current Liabilities 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 Total Stockholder Equity 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 Total Stockholder Equity of ANZ Group Holdings 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 Total Stockholder Equity i.e., ANZ Group's Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Liabilities

Total Current Liabilities is an item on ANZ Group balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of ANZ Group Holdings 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 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.