ANZ Group Retained Earnings vs. Total Asset

AN3PI Stock   103.85  0.89  0.86%   
Considering ANZ Group's profitability and operating efficiency indicators, ANZ Group Holdings may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess ANZ Group's ability to earn profits and add value for shareholders.
 
Retained Earnings  
First Reported
1996-09-30
Previous Quarter
42.7 B
Current Value
43.4 B
Quarterly Volatility
13.5 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
For ANZ Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ANZ Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ANZ Group Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ANZ Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ANZ Group Holdings over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between ANZ Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ANZ Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANZ Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

ANZ Group Holdings Total Asset vs. Retained Earnings Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining ANZ Group's current stock value. Our valuation model uses many indicators to compare ANZ Group value to that of its competitors to determine the firm's financial worth.
ANZ Group Holdings is number one stock in retained earnings category among its peers. It also is number one stock in total asset category among its peers fabricating about  28.29  of Total Asset per Retained Earnings. At present, ANZ Group's Retained Earnings are projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value ANZ Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for ANZ Group's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

ANZ Total Asset vs. Retained Earnings

Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

ANZ Group

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

 = 
43.45 B
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

ANZ Group

Total Asset

 = 

Tangible Assets

+

Intangible Assets

 = 
1.23 T
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.

ANZ Total Asset Comparison

ANZ Group is currently under evaluation in total asset category among its peers.

ANZ Group Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in ANZ Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ANZ Group will eventually generate negative long term returns. The profitability progress is the general direction of ANZ Group's change in net profit over the period of time. It can combine multiple indicators of ANZ Group, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-1.6 B-1.5 B
Operating Income11.5 B7.8 B
Income Before Tax9.4 B5.6 B
Net Income6.6 BB
Income Tax Expense2.8 B1.7 B
Total Other Income Expense Net9.4 B9.9 B
Net Interest Income19.1 B16.4 B
Interest Income57.4 B32.3 B
Net Income From Continuing Ops8.2 B6.6 B

ANZ Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on ANZ Group. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ANZ Group position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ANZ Group's important profitability drivers and their relationship over time.

Use ANZ Group in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ANZ Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ANZ Group will appreciate offsetting losses from the drop in the long position's value.

ANZ Group Pair Trading

ANZ Group Holdings Pair Trading Analysis

The ability to find closely correlated positions to ANZ Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ANZ Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ANZ Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ANZ Group Holdings to buy it.
The correlation of ANZ Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ANZ Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ANZ Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ANZ Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your ANZ Group position

In addition to having ANZ Group in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Consumption Thematic Idea Now

Consumption
Consumption Theme
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumption Theme or any other thematic opportunities.
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Other Information on Investing in ANZ Stock

To fully project ANZ Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of ANZ Group Holdings at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include ANZ Group's income statement, its balance sheet, and the statement of cash flows.
Potential ANZ Group investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although ANZ Group investors may work on each financial statement separately, they are all related. The changes in ANZ Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ANZ Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.