Westpac Total Stockholder Equity vs Total Current Liabilities Analysis

WBCPJ Stock

104.80 0.14 0.13%

Westpac Banking financial indicator trend analysis is more than just analyzing Westpac Banking current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Westpac Banking is a good investment. Please check the relationship between Westpac Banking Total Stockholder Equity and its Total Current Liabilities accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westpac Banking. 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 Westpac Banking Total Stockholder Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Westpac Banking's Total Stockholder Equity and Total Current Liabilities is 0.88. 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 Westpac Banking, assuming nothing else is changed. The correlation between historical values of Westpac Banking'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 Westpac Banking 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., Westpac Banking's Total Stockholder Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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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 Westpac Banking balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Westpac Banking 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 Westpac Banking's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Westpac Banking 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 Westpac Banking. 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.

As of December 11, 2024, Tax Provision is expected to decline to about 2.4 B. In addition to that, Selling General Administrative is expected to decline to about 6.2 B

	2021	2022	2023	2024 (projected)
Net Interest Income	16.9B	17.2B	18.3B	18.3B
Tax Provision	3.0B	2.8B	3.1B	2.4B

Net Interest Income Tax Provision

Westpac Banking fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Retained Earnings	Other Assets	Long Term Debt	Good Will	Other Stockholder Equity	Total Liab	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Earning Assets	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Net Debt	Accounts Payable	Cash	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Long Term Debt Total	Other Current Assets
Total Assets		-0.85	0.94	0.92	-0.05	-0.31	-0.91	0.26	1.0	-0.85	0.75	0.94	0.63	0.4	0.86	0.92	0.46	0.93	-0.88	-0.88	0.91	0.72	0.73	0.73	-0.7	-0.91
Short Long Term Debt Total	-0.85		-0.81	-0.88	0.3	0.62	0.92	0.04	-0.85	0.67	-0.49	-0.83	-0.66	-0.17	-0.57	-0.84	-0.07	-0.82	0.93	0.93	-0.88	-0.77	-0.66	-0.57	0.94	0.86
Total Stockholder Equity	0.94	-0.81		0.93	0.13	-0.26	-0.87	0.45	0.93	-0.94	0.65	0.94	0.66	0.4	0.93	0.88	0.53	0.92	-0.83	-0.82	0.82	0.5	0.83	0.85	-0.59	-0.93
Retained Earnings	0.92	-0.88	0.93		-0.1	-0.39	-0.89	0.19	0.91	-0.8	0.6	0.9	0.53	0.23	0.82	0.89	0.48	0.9	-0.86	-0.91	0.86	0.63	0.75	0.65	-0.73	-0.9
Other Assets	-0.05	0.3	0.13	-0.1		0.8	0.32	0.94	-0.07	-0.2	0.19	0.04	-0.1	0.13	0.31	-0.06	0.52	0.01	0.33	0.4	-0.27	-0.43	0.02	0.19	0.58	0.0
Long Term Debt	-0.31	0.62	-0.26	-0.39	0.8		0.64	0.64	-0.31	0.22	0.17	-0.21	-0.4	0.12	0.04	-0.24	0.44	-0.2	0.64	0.65	-0.47	-0.37	-0.41	-0.22	0.79	0.38
Good Will	-0.91	0.92	-0.87	-0.89	0.32	0.64		0.01	-0.91	0.77	-0.56	-0.81	-0.63	-0.34	-0.67	-0.82	-0.26	-0.82	0.91	0.94	-0.85	-0.66	-0.84	-0.7	0.85	0.88
Other Stockholder Equity	0.26	0.04	0.45	0.19	0.94	0.64	0.01		0.24	-0.5	0.41	0.35	0.19	0.33	0.61	0.24	0.63	0.32	0.03	0.11	0.02	-0.25	0.3	0.5	0.36	-0.31
Total Liab	1.0	-0.85	0.93	0.91	-0.07	-0.31	-0.91	0.24		-0.84	0.76	0.93	0.63	0.4	0.84	0.92	0.45	0.93	-0.88	-0.88	0.91	0.74	0.71	0.71	-0.7	-0.9
Treasury Stock	-0.85	0.67	-0.94	-0.8	-0.2	0.22	0.77	-0.5	-0.84		-0.48	-0.84	-0.63	-0.36	-0.89	-0.71	-0.47	-0.77	0.78	0.75	-0.76	-0.33	-0.77	-0.88	0.43	0.8
Intangible Assets	0.75	-0.49	0.65	0.6	0.19	0.17	-0.56	0.41	0.76	-0.48		0.75	0.48	0.7	0.72	0.83	0.58	0.82	-0.42	-0.41	0.53	0.61	0.48	0.54	-0.35	-0.68
Common Stock	0.94	-0.83	0.94	0.9	0.04	-0.21	-0.81	0.35	0.93	-0.84	0.75		0.76	0.46	0.89	0.97	0.39	0.99	-0.84	-0.81	0.88	0.69	0.66	0.78	-0.66	-0.91
Property Plant Equipment	0.63	-0.66	0.66	0.53	-0.1	-0.4	-0.63	0.19	0.63	-0.63	0.48	0.76		0.56	0.59	0.72	-0.12	0.73	-0.72	-0.55	0.66	0.46	0.53	0.8	-0.59	-0.76
Earning Assets	0.4	-0.17	0.4	0.23	0.13	0.12	-0.34	0.33	0.4	-0.36	0.7	0.46	0.56		0.46	0.53	0.28	0.52	-0.14	-0.11	0.14	0.15	0.51	0.68	-0.1	-0.38
Other Current Liab	0.86	-0.57	0.93	0.82	0.31	0.04	-0.67	0.61	0.84	-0.89	0.72	0.89	0.59	0.46		0.82	0.69	0.88	-0.66	-0.63	0.72	0.38	0.67	0.81	-0.32	-0.84
Total Current Liabilities	0.92	-0.84	0.88	0.89	-0.06	-0.24	-0.82	0.24	0.92	-0.71	0.83	0.97	0.72	0.53	0.82		0.39	0.99	-0.8	-0.79	0.84	0.76	0.65	0.7	-0.71	-0.9
Other Liab	0.46	-0.07	0.53	0.48	0.52	0.44	-0.26	0.63	0.45	-0.47	0.58	0.39	-0.12	0.28	0.69	0.39		0.44	-0.07	-0.18	0.17	-0.01	0.46	0.35	0.17	-0.38
Net Tangible Assets	0.93	-0.82	0.92	0.9	0.01	-0.2	-0.82	0.32	0.93	-0.77	0.82	0.99	0.73	0.52	0.88	0.99	0.44		-0.81	-0.78	0.85	0.7	0.67	0.75	-0.66	-0.92
Net Debt	-0.88	0.93	-0.83	-0.86	0.33	0.64	0.91	0.03	-0.88	0.78	-0.42	-0.84	-0.72	-0.14	-0.66	-0.8	-0.07	-0.81		0.96	-0.96	-0.72	-0.62	-0.64	0.86	0.86
Accounts Payable	-0.88	0.93	-0.82	-0.91	0.4	0.65	0.94	0.11	-0.88	0.75	-0.41	-0.81	-0.55	-0.11	-0.63	-0.79	-0.18	-0.78	0.96		-0.93	-0.73	-0.67	-0.57	0.87	0.8
Cash	0.91	-0.88	0.82	0.86	-0.27	-0.47	-0.85	0.02	0.91	-0.76	0.53	0.88	0.66	0.14	0.72	0.84	0.17	0.85	-0.96	-0.93		0.82	0.5	0.57	-0.79	-0.82
Net Receivables	0.72	-0.77	0.5	0.63	-0.43	-0.37	-0.66	-0.25	0.74	-0.33	0.61	0.69	0.46	0.15	0.38	0.76	-0.01	0.7	-0.72	-0.73	0.82		0.19	0.19	-0.8	-0.57
Common Stock Shares Outstanding	0.73	-0.66	0.83	0.75	0.02	-0.41	-0.84	0.3	0.71	-0.77	0.48	0.66	0.53	0.51	0.67	0.65	0.46	0.67	-0.62	-0.67	0.5	0.19		0.84	-0.52	-0.79
Short Term Investments	0.73	-0.57	0.85	0.65	0.19	-0.22	-0.7	0.5	0.71	-0.88	0.54	0.78	0.8	0.68	0.81	0.7	0.35	0.75	-0.64	-0.57	0.57	0.19	0.84		-0.38	-0.79
Long Term Debt Total	-0.7	0.94	-0.59	-0.73	0.58	0.79	0.85	0.36	-0.7	0.43	-0.35	-0.66	-0.59	-0.1	-0.32	-0.71	0.17	-0.66	0.86	0.87	-0.79	-0.8	-0.52	-0.38		0.71
Other Current Assets	-0.91	0.86	-0.93	-0.9	0.0	0.38	0.88	-0.31	-0.9	0.8	-0.68	-0.91	-0.76	-0.38	-0.84	-0.9	-0.38	-0.92	0.86	0.8	-0.82	-0.57	-0.79	-0.79	0.71

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Westpac Banking Account Relationship Matchups

Westpac Banking fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	906.6B	911.9B	935.9B	1.0T	1.0T	1.0T
Short Long Term Debt Total	162.2B	177.4B	156.5B	135.2B	121.7B	126.3B
Total Stockholder Equity	65.5B	68.0B	72.0B	70.5B	72.5B	73.2B
Retained Earnings	27.2B	26.5B	30.6B	29.1B	31.4B	30.9B
Other Assets	723.9B	729.9B	703.8B	6.6B	7.6B	7.2B
Long Term Debt	213.2B	179.3B	135.2B	146.9B	167.1B	137.9B
Good Will	8.9B	8.4B	7.6B	7.4B	7.4B	6.6B
Other Stockholder Equity	1.1B	1.3B	1.5B	(45M)	(51.8M)	(49.2M)
Total Liab	841.1B	843.9B	863.8B	943.7B	957.2B	940.0B
Treasury Stock	(493M)	(553M)	(563M)	(606M)	(545.4M)	(572.7M)
Intangible Assets	3.1B	3.1B	2.5B	2.9B	3.5B	3.2B
Common Stock	36.1B	37.5B	40.5B	41.6B	47.8B	41.1B
Property Plant Equipment	1.3B	1.2B	3.9B	2.9B	3.3B	2.3B
Earning Assets	122.5B	152.8B	166.9B	132.2B	152.0B	153.6B
Net Debt	193.1B	149.1B	90.6B	70.4B	86.8B	106.4B
Accounts Payable	564.4B	592.4B	2.3B	2.8B	6.3B	6.0B
Cash	20.1B	30.1B	71.4B	105.7B	103.0B	59.3B
Net Receivables	1.2B	1.2B	1.3B	1.9B	2.3B	1.6B
Common Stock Shares Outstanding	3.5B	3.6B	3.7B	3.5B	3.5B	3.9B
Short Term Investments	72.6B	90.6B	82.5B	75.3B	73.9B	81.2B
Long Term Debt Total	162.2B	177.4B	156.5B	135.2B	121.7B	125.4B
Net Invested Capital	278.6B	247.3B	234.0B	246.6B	262.2B	202.2B
Long Term Investments	101.0B	115.0B	105.9B	94.5B	96.9B	106.4B
Short Long Term Debt	25.8B	16.5B	19.6B	29.3B	22.7B	22.1B
Capital Stock	37.5B	40.5B	41.6B	39.7B	39.8B	43.1B

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Other Information on Investing in Westpac Stock

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

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