Bank Net Income vs Change To Netincome Analysis

BOQ Stock   6.48  0.24  3.57%   
Bank Of Queensland financial indicator trend analysis is way more than just evaluating Bank Of Queensland prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bank Of Queensland is a good investment. Please check the relationship between Bank Of Queensland Net Income and its Change To Netincome accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of Queensland. 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.

Net Income vs Change To Netincome

Net Income vs Change To Netincome Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bank Of Queensland Net Income account and Change To Netincome. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Bank Of Queensland's Net Income and Change To Netincome is -0.04. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Bank Of Queensland, assuming nothing else is changed. The correlation between historical values of Bank Of Queensland's Net Income and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Bank Of Queensland are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Net Income i.e., Bank Of Queensland's Net Income and Change To Netincome go up and down completely randomly.

Correlation Coefficient

-0.04
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bank Of Queensland financial statement analysis. It represents the amount of money remaining after all of Bank Of Queensland operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Netincome

Most indicators from Bank Of Queensland's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank Of Queensland 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 Bank Of Queensland. 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 gain to about 89.1 M in 2024. Tax Provision is likely to gain to about 163.7 M in 2024
 2021 2023 2024 (projected)
Total Revenue1.6B1.6B1.7B
Interest Expense5M3.5B3.7B

Bank Of Queensland fundamental ratios Correlations

0.990.530.470.980.860.970.630.970.550.560.320.280.280.870.75-0.860.780.230.910.910.44-0.20.980.120.9
0.990.460.370.980.890.990.710.950.470.490.40.20.320.850.73-0.840.720.140.920.910.35-0.30.970.040.85
0.530.460.950.430.230.43-0.170.690.990.99-0.610.19-0.020.460.57-0.580.940.650.520.580.61-0.210.470.890.7
0.470.370.950.360.120.32-0.280.630.970.95-0.660.32-0.090.430.51-0.490.890.660.380.470.690.00.410.90.68
0.980.980.430.360.880.960.740.930.440.450.430.220.320.90.64-0.790.690.070.880.90.35-0.220.990.010.81
0.860.890.230.120.880.890.760.80.230.250.550.10.370.650.61-0.80.49-0.090.820.890.16-0.290.84-0.210.64
0.970.990.430.320.960.890.730.920.430.450.420.210.360.830.71-0.820.680.10.940.890.34-0.360.950.00.82
0.630.71-0.17-0.280.740.760.730.48-0.19-0.150.83-0.210.250.640.29-0.440.11-0.40.550.56-0.27-0.410.7-0.530.29
0.970.950.690.630.930.80.920.480.70.710.120.280.240.810.78-0.90.880.350.890.920.52-0.210.930.310.93
0.550.470.990.970.440.230.43-0.190.70.99-0.620.30.00.470.59-0.590.950.650.540.580.69-0.110.480.890.74
0.560.490.990.950.450.250.45-0.150.710.99-0.60.21-0.030.480.59-0.610.960.650.540.60.62-0.190.490.890.74
0.320.4-0.61-0.660.430.550.420.830.12-0.62-0.6-0.120.240.290.04-0.15-0.34-0.510.250.21-0.4-0.10.38-0.890.01
0.280.20.190.320.220.10.21-0.210.280.30.21-0.120.410.180.23-0.180.270.130.370.130.890.560.220.140.38
0.280.32-0.02-0.090.320.370.360.250.240.0-0.030.240.410.3-0.01-0.090.1-0.420.430.370.3-0.020.32-0.190.09
0.870.850.460.430.90.650.830.640.810.470.480.290.180.30.48-0.520.680.10.730.80.34-0.180.940.150.71
0.750.730.570.510.640.610.710.290.780.590.590.040.23-0.010.48-0.790.710.580.730.690.44-0.160.640.280.88
-0.86-0.84-0.58-0.49-0.79-0.8-0.82-0.44-0.9-0.59-0.61-0.15-0.18-0.09-0.52-0.79-0.76-0.35-0.82-0.81-0.390.28-0.76-0.21-0.85
0.780.720.940.890.690.490.680.110.880.950.96-0.340.270.10.680.71-0.760.560.730.780.64-0.210.720.720.87
0.230.140.650.660.07-0.090.1-0.40.350.650.65-0.510.13-0.420.10.58-0.350.560.190.210.410.040.130.650.58
0.910.920.520.380.880.820.940.550.890.540.540.250.370.430.730.73-0.820.730.190.860.51-0.310.870.130.84
0.910.910.580.470.90.890.890.560.920.580.60.210.130.370.80.69-0.810.780.210.860.35-0.340.90.190.79
0.440.350.610.690.350.160.34-0.270.520.690.62-0.40.890.30.340.44-0.390.640.410.510.350.380.370.530.61
-0.2-0.3-0.210.0-0.22-0.29-0.36-0.41-0.21-0.11-0.19-0.10.56-0.02-0.18-0.160.28-0.210.04-0.31-0.340.38-0.22-0.06-0.08
0.980.970.470.410.990.840.950.70.930.480.490.380.220.320.940.64-0.760.720.130.870.90.37-0.220.070.83
0.120.040.890.90.01-0.210.0-0.530.310.890.89-0.890.14-0.190.150.28-0.210.720.650.130.190.53-0.060.070.39
0.90.850.70.680.810.640.820.290.930.740.740.010.380.090.710.88-0.850.870.580.840.790.61-0.080.830.39
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Bank Of Queensland Account Relationship Matchups

Bank Of Queensland fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.8B91.4B99.9B105.4B103.0B108.2B
Short Long Term Debt Total11.8B18.3B21.0B21.0B19.3B20.2B
Other Current Liab(576M)(1.2B)(2.5B)(2.9B)40.4B42.5B
Total Current Liabilities18M32M44M47M42.7B44.8B
Total Stockholder Equity4.2B6.2B6.7B6.1B6.0B6.3B
Property Plant And Equipment Net148M198M264M197M142M149.1M
Net Debt10.6B16.0B18.6B18.4B16.1B16.9B
Retained Earnings441M646M745M579M364M220.6M
Cash1.3B2.4B2.4B2.6B3.1B3.3B
Non Current Assets Total1.1B1.4B1.5B1.3B99.8B104.8B
Non Currrent Assets Other(382M)(344M)(1.5B)(1.3B)98.0B102.8B
Other Assets54.5B87.7B95.9B101.5B(3.1B)(3.0B)
Cash And Short Term Investments1.3B2.4B2.4B2.6B3.1B3.3B
Net Receivables862M827M361M293M337.0M279.9M
Short Term Investments1.4B4.5B6.4B(17.4B)(20.0B)(19.0B)
Liabilities And Stockholders Equity56.9B91.6B99.9B105.4B103.0B108.2B
Non Current Liabilities Total11.3B17.7B19.2B19.3B54.3B57.0B
Other Stockholder Equity(263M)(352M)(439M)297M311M326.6M
Total Liab52.5B85.2B93.2B99.2B97.0B101.9B
Total Current Assets1.3B2.4B2.4B2.6B6.4B6.7B
Accumulated Other Comprehensive Income184M690M1.1B530M311M326.6M
Short Term Debt296M586M1.8B1.7B1.1B1.4B
Common Stock3.9B5.2B5.3B5.3B5.3B5.6B
Current Deferred Revenue(20.3B)(35.6B)(41.2B)(41.2B)40.5B42.5B
Accounts Payable280M575M716M1.1B1.2B1.2B
Other Liab10M15M147M64M73.6M131.0M
Long Term Debt11.3B17.7B11.6B12.3B14.1B14.8B
Property Plant Equipment148M198M264M197M226.6M237.9M
Intangible Assets223M439M490M505M595M624.8M
Long Term Investments6.4B10.9B14.4B17.4B18.0B18.9B
Net Tangible Assets3.3B5.0B5.4B5.1B5.8B3.9B
Long Term Debt Total11.3B17.7B11.6B12.3B14.1B10.6B
Earning Assets5.6B7.1B7.5B12.0B13.8B7.7B
Other Current Assets2.2B3.4B2.8B5.8B3.2B3.4B

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Additional Tools for Bank Stock Analysis

When running Bank Of Queensland's price analysis, check to measure Bank Of Queensland's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank Of Queensland is operating at the current time. Most of Bank Of Queensland's value examination focuses on studying past and present price action to predict the probability of Bank Of Queensland's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Of Queensland's price. Additionally, you may evaluate how the addition of Bank Of Queensland to your portfolios can decrease your overall portfolio volatility.