Westpac Dividends Paid vs Change To Account Receivables Analysis

WBCPM Stock

106.91 0.29 0.27%

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 Dividends Paid and its Change To Account Receivables 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 population.

Dividends Paid vs Change To Account Receivables

Dividends Paid vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Westpac Banking Dividends Paid account and Change To Account Receivables. At this time, the significance of the direction appears to have pay attention.

The correlation between Westpac Banking's Dividends Paid and Change To Account Receivables is -0.97. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change To Account Receivables 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 Dividends Paid and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Westpac Banking are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Dividends Paid i.e., Westpac Banking's Dividends Paid and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.97

Relationship Direction	Negative
Relationship Strength	Significant

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Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Change To Account Receivables

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 population.

As of November 29, 2024, Tax Provision is expected to decline to about 3 B. In addition to that, Selling General Administrative is expected to decline to about 6.6 B

	2021	2022	2023	2024 (projected)
Net Interest Income	17.2B	18.3B	21.1B	19.0B
Tax Provision	2.8B	3.1B	3.6B	3.0B

Net Interest Income Tax Provision

Westpac Banking fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Total Liab	Net Invested Capital	Long Term Investments	Short Long Term Debt	Capital Stock	Intangible Assets
Total Assets		0.96	-0.9	-0.82	0.98	0.87	0.9	0.72	0.72	-0.9	-0.81	-0.94	1.0	0.94	-0.92	0.85	-0.77	0.73
Total Stockholder Equity	0.96		-0.85	-0.78	0.97	0.81	0.82	0.7	0.61	-0.91	-0.83	-0.91	0.96	0.9	-0.89	0.73	-0.8	0.66
Property Plant And Equipment Net	-0.9	-0.85		0.98	-0.92	-0.75	-0.99	-0.39	-0.45	0.93	0.7	0.97	-0.9	-0.71	0.96	-0.92	0.64	-0.42
Net Debt	-0.82	-0.78	0.98		-0.83	-0.6	-0.96	-0.2	-0.27	0.91	0.64	0.93	-0.82	-0.57	0.93	-0.93	0.58	-0.23
Retained Earnings	0.98	0.97	-0.92	-0.83		0.9	0.9	0.69	0.67	-0.9	-0.77	-0.93	0.98	0.91	-0.91	0.8	-0.73	0.69
Accounts Payable	0.87	0.81	-0.75	-0.6	0.9		0.76	0.82	0.86	-0.66	-0.57	-0.75	0.87	0.9	-0.7	0.6	-0.53	0.85
Cash	0.9	0.82	-0.99	-0.96	0.9	0.76		0.39	0.48	-0.88	-0.62	-0.93	0.9	0.71	-0.92	0.95	-0.56	0.44
Long Term Debt	0.72	0.7	-0.39	-0.2	0.69	0.82	0.39		0.94	-0.46	-0.62	-0.5	0.72	0.92	-0.47	0.29	-0.63	0.99
Net Receivables	0.72	0.61	-0.45	-0.27	0.67	0.86	0.48	0.94		-0.43	-0.53	-0.52	0.73	0.89	-0.49	0.42	-0.53	0.98
Good Will	-0.9	-0.91	0.93	0.91	-0.9	-0.66	-0.88	-0.46	-0.43		0.89	0.99	-0.9	-0.75	0.99	-0.85	0.86	-0.44
Common Stock Shares Outstanding	-0.81	-0.83	0.7	0.64	-0.77	-0.57	-0.62	-0.62	-0.53	0.89		0.86	-0.81	-0.79	0.87	-0.64	1.0	-0.58
Short Term Investments	-0.94	-0.91	0.97	0.93	-0.93	-0.75	-0.93	-0.5	-0.52	0.99	0.86		-0.94	-0.79	1.0	-0.9	0.82	-0.52
Total Liab	1.0	0.96	-0.9	-0.82	0.98	0.87	0.9	0.72	0.73	-0.9	-0.81	-0.94		0.94	-0.92	0.85	-0.77	0.73
Net Invested Capital	0.94	0.9	-0.71	-0.57	0.91	0.9	0.71	0.92	0.89	-0.75	-0.79	-0.79	0.94		-0.77	0.64	-0.77	0.91
Long Term Investments	-0.92	-0.89	0.96	0.93	-0.91	-0.7	-0.92	-0.47	-0.49	0.99	0.87	1.0	-0.92	-0.77		-0.91	0.83	-0.48
Short Long Term Debt	0.85	0.73	-0.92	-0.93	0.8	0.6	0.95	0.29	0.42	-0.85	-0.64	-0.9	0.85	0.64	-0.91		-0.59	0.36
Capital Stock	-0.77	-0.8	0.64	0.58	-0.73	-0.53	-0.56	-0.63	-0.53	0.86	1.0	0.82	-0.77	-0.77	0.83	-0.59		-0.58
Intangible Assets	0.73	0.66	-0.42	-0.23	0.69	0.85	0.44	0.99	0.98	-0.44	-0.58	-0.52	0.73	0.91	-0.48	0.36	-0.58

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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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Westpac Dividends Paid vs Change To Account Receivables Analysis

Dividends Paid vs Change To Account Receivables

Dividends Paid vs Change To Account Receivables Correlation Analysis

Correlation Coefficient

Dividends Paid

Change To Account Receivables

Westpac Banking fundamental ratios Correlations

Westpac Banking Account Relationship Matchups

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Total Liab	+ 1.0	Total Assets
Capital Stock	+ 1.0	Common Stock Shares Outstanding
Long Term Investments	+ 1.0	Short Term Investments
Intangible Assets	+ 0.99	Long Term Debt
Short Term Investments	+ 0.99	Good Will
Long Term Investments	+ 0.99	Good Will

Cash	- 0.99	Property Plant And Equipment Net
Cash	- 0.96	Net Debt
Total Liab	- 0.94	Short Term Investments
Short Term Investments	- 0.94	Total Assets
Short Term Investments	- 0.93	Cash
Short Term Investments	- 0.93	Retained Earnings