Woodside Net Receivables vs Cash Analysis

WDS Stock

USD 18.05 0.39 2.11%

Woodside Energy financial indicator trend analysis is more than just analyzing Woodside Energy Group current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Woodside Energy Group is a good investment. Please check the relationship between Woodside Energy Net Receivables and its Cash accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woodside Energy Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Woodside Energy Group Net Receivables account and Cash. At this time, the significance of the direction appears to have weak relationship.

The correlation between Woodside Energy's Net Receivables and Cash is 0.34. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Cash in the same time period over historical financial statements of Woodside Energy Group, assuming nothing else is changed. The correlation between historical values of Woodside Energy's Net Receivables and Cash 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 Receivables of Woodside Energy Group are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Net Receivables i.e., Woodside Energy's Net Receivables and Cash go up and down completely randomly.

Correlation Coefficient

0.34

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Net Receivables

Cash

Cash refers to the most liquid asset of Woodside Energy Group, which is listed under current asset account on Woodside Energy Group balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Woodside Energy customers. The amounts must be unrestricted with restricted cash listed in a different Woodside Energy account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Woodside Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Woodside Energy Group 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 Woodside Energy Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

At this time, Woodside Energy's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.05 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 19.7 M in 2024.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	4.5B	8.5B	8.8B	9.2B
Interest Expense	204M	131M	258M	270.9M

Other Operating Expenses Interest Expense

Woodside Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Current Deferred Revenue	Accounts Payable	Other Current Assets	Other Stockholder Equity	Other Assets
Total Assets		0.4	0.11	0.92	0.99	0.99	-0.07	-0.36	0.47	0.99	0.89	0.49	0.95	0.93	0.95	0.97	0.98	0.79	-0.04	0.96	0.66	0.91	0.94	0.64	0.03	0.79
Short Long Term Debt Total	0.4		-0.12	0.34	0.31	0.39	0.57	-0.16	0.29	0.38	0.15	0.32	0.2	0.26	0.6	0.24	0.54	0.47	0.09	0.3	0.5	0.44	0.2	0.4	0.19	0.48
Other Current Liab	0.11	-0.12		0.29	0.14	0.15	-0.22	0.45	0.14	0.12	-0.03	0.14	0.2	-0.09	-0.05	0.21	0.06	0.05	0.34	-0.02	0.11	-0.12	0.13	-0.17	-0.33	0.28
Total Current Liabilities	0.92	0.34	0.29		0.9	0.87	-0.17	-0.44	0.52	0.89	0.84	0.55	0.93	0.85	0.83	0.95	0.92	0.84	0.2	0.9	0.76	0.85	0.93	0.66	-0.33	0.73
Total Stockholder Equity	0.99	0.31	0.14	0.9		0.98	-0.14	-0.3	0.47	0.99	0.9	0.49	0.96	0.92	0.92	0.97	0.95	0.77	-0.05	0.96	0.62	0.88	0.94	0.59	0.04	0.77
Property Plant And Equipment Net	0.99	0.39	0.15	0.87	0.98		0.0	-0.29	0.37	1.0	0.88	0.39	0.94	0.91	0.94	0.94	0.95	0.7	-0.07	0.94	0.58	0.87	0.9	0.6	0.1	0.82
Net Debt	-0.07	0.57	-0.22	-0.17	-0.14	0.0		-0.22	-0.62	-0.03	-0.06	-0.59	-0.13	-0.02	0.15	-0.21	0.05	-0.32	0.0	-0.05	-0.14	0.02	-0.2	0.08	0.2	0.22
Retained Earnings	-0.36	-0.16	0.45	-0.44	-0.3	-0.29	-0.22		0.1	-0.35	-0.63	0.06	-0.44	-0.61	-0.44	-0.41	-0.46	-0.31	0.08	-0.56	-0.37	-0.61	-0.51	-0.63	0.37	-0.11
Cash	0.47	0.29	0.14	0.52	0.47	0.37	-0.62	0.1		0.39	0.21	1.0	0.34	0.26	0.4	0.47	0.45	0.82	0.08	0.35	0.64	0.39	0.43	0.29	-0.05	0.21
Non Current Assets Total	0.99	0.38	0.12	0.89	0.99	1.0	-0.03	-0.35	0.39		0.91	0.41	0.96	0.93	0.95	0.96	0.97	0.73	-0.08	0.96	0.61	0.9	0.93	0.63	0.07	0.8
Non Currrent Assets Other	0.89	0.15	-0.03	0.84	0.9	0.88	-0.06	-0.63	0.21	0.91		0.24	0.95	0.98	0.83	0.93	0.87	0.61	-0.15	0.97	0.53	0.9	0.95	0.65	-0.11	0.6
Cash And Short Term Investments	0.49	0.32	0.14	0.55	0.49	0.39	-0.59	0.06	1.0	0.41	0.24		0.37	0.29	0.43	0.5	0.49	0.84	0.08	0.38	0.69	0.44	0.46	0.33	-0.06	0.24
Net Receivables	0.95	0.2	0.2	0.93	0.96	0.94	-0.13	-0.44	0.34	0.96	0.95	0.37		0.94	0.85	0.98	0.91	0.68	-0.05	0.96	0.6	0.87	0.98	0.61	-0.12	0.7
Common Stock Shares Outstanding	0.93	0.26	-0.09	0.85	0.92	0.91	-0.02	-0.61	0.26	0.93	0.98	0.29	0.94		0.89	0.93	0.91	0.67	-0.08	0.99	0.52	0.91	0.92	0.7	-0.08	0.68
Non Current Liabilities Total	0.95	0.6	-0.05	0.83	0.92	0.94	0.15	-0.44	0.4	0.95	0.83	0.43	0.85	0.89		0.87	0.98	0.76	-0.12	0.92	0.66	0.93	0.85	0.71	0.14	0.76
Inventory	0.97	0.24	0.21	0.95	0.97	0.94	-0.21	-0.41	0.47	0.96	0.93	0.5	0.98	0.93	0.87		0.93	0.78	-0.01	0.96	0.66	0.89	0.98	0.64	-0.15	0.71
Total Liab	0.98	0.54	0.06	0.92	0.95	0.95	0.05	-0.46	0.45	0.97	0.87	0.49	0.91	0.91	0.98	0.93		0.82	-0.02	0.95	0.72	0.94	0.91	0.72	-0.01	0.78
Total Current Assets	0.79	0.47	0.05	0.84	0.77	0.7	-0.32	-0.31	0.82	0.73	0.61	0.84	0.68	0.67	0.76	0.78	0.82		0.18	0.74	0.8	0.76	0.74	0.59	-0.2	0.57
Short Term Debt	-0.04	0.09	0.34	0.2	-0.05	-0.07	0.0	0.08	0.08	-0.08	-0.15	0.08	-0.05	-0.08	-0.12	-0.01	-0.02	0.18		-0.07	-0.05	-0.21	-0.1	-0.11	-0.71	0.26
Common Stock	0.96	0.3	-0.02	0.9	0.96	0.94	-0.05	-0.56	0.35	0.96	0.97	0.38	0.96	0.99	0.92	0.96	0.95	0.74	-0.07		0.61	0.94	0.96	0.7	-0.07	0.71
Short Term Investments	0.66	0.5	0.11	0.76	0.62	0.58	-0.14	-0.37	0.64	0.61	0.53	0.69	0.6	0.52	0.66	0.66	0.72	0.8	-0.05	0.61		0.78	0.69	0.65	-0.11	0.51
Current Deferred Revenue	0.91	0.44	-0.12	0.85	0.88	0.87	0.02	-0.61	0.39	0.9	0.9	0.44	0.87	0.91	0.93	0.89	0.94	0.76	-0.21	0.94	0.78		0.91	0.79	0.04	0.66
Accounts Payable	0.94	0.2	0.13	0.93	0.94	0.9	-0.2	-0.51	0.43	0.93	0.95	0.46	0.98	0.92	0.85	0.98	0.91	0.74	-0.1	0.96	0.69	0.91		0.64	-0.13	0.61
Other Current Assets	0.64	0.4	-0.17	0.66	0.59	0.6	0.08	-0.63	0.29	0.63	0.65	0.33	0.61	0.7	0.71	0.64	0.72	0.59	-0.11	0.7	0.65	0.79	0.64		-0.12	0.53
Other Stockholder Equity	0.03	0.19	-0.33	-0.33	0.04	0.1	0.2	0.37	-0.05	0.07	-0.11	-0.06	-0.12	-0.08	0.14	-0.15	-0.01	-0.2	-0.71	-0.07	-0.11	0.04	-0.13	-0.12		-0.04
Other Assets	0.79	0.48	0.28	0.73	0.77	0.82	0.22	-0.11	0.21	0.8	0.6	0.24	0.7	0.68	0.76	0.71	0.78	0.57	0.26	0.71	0.51	0.66	0.61	0.53	-0.04

Click cells to compare fundamentals

Woodside Energy Account Relationship Matchups

Woodside Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	29.4B	24.6B	26.5B	59.3B	55.4B	58.1B
Short Long Term Debt Total	6.9B	7.6B	6.8B	6.5B	6.5B	3.7B
Other Current Liab	34M	136M	497M	1.1B	346M	570.1M
Total Current Liabilities	1.1B	2.1B	2.6B	6.6B	5.0B	5.2B
Total Stockholder Equity	16.6B	12.1B	13.4B	36.3B	34.4B	36.1B
Property Plant And Equipment Net	23.2B	18.5B	20.3B	42.0B	42.7B	44.8B
Net Debt	2.8B	7.2B	3.8B	323M	4.8B	2.5B
Retained Earnings	6.7B	1.4B	3.4B	3.3B	186M	176.7M
Cash	4.1B	367M	3.0B	6.2B	1.7B	1.2B
Non Current Assets Total	24.7B	20.4B	22.2B	50.0B	50.2B	52.8B
Non Currrent Assets Other	21M	95M	51M	1.1B	1.5B	1.5B
Cash And Short Term Investments	4.1B	539M	3.3B	6.9B	1.9B	1.2B
Net Receivables	343M	303M	368M	1.7B	1.6B	1.7B
Common Stock Shares Outstanding	935.8M	951.1M	971.6M	1.5B	1.9B	2.0B
Liabilities And Stockholders Equity	28.6B	24.6B	26.5B	59.3B	55.4B	58.1B
Non Current Liabilities Total	10.8B	9.7B	9.6B	15.6B	15.2B	16.0B
Inventory	176M	125M	202M	678M	616M	646.8M
Total Liab	11.9B	11.7B	12.2B	22.2B	20.2B	21.2B
Total Current Assets	4.6B	4.3B	4.3B	9.3B	5.1B	5.4B
Accumulated Other Comprehensive Income	953M	1.4B	451M	3.8B	5.0B	5.2B
Short Term Debt	158M	907M	468M	324M	298M	372.8M
Common Stock	9.0B	9.3B	9.4B	29.0B	33.4B	35.0B
Short Term Investments	28M	172M	320M	677M	209M	156.0M
Current Deferred Revenue	715.0M	951M	1.5B	3.1B	2.7B	2.8B
Accounts Payable	224M	100M	191M	2.0B	1.7B	1.7B
Other Current Assets	42M	48M	109M	83M	92M	96.6M
Other Stockholder Equity	953M	(1.0)	202M	240M	241M	231.6M
Other Assets	1.0	1.8B	1.7B	2.2B	2.5B	2.7B
Long Term Debt	5.6B	5.5B	5.3B	4.9B	4.9B	5.5B
Long Term Debt Total	6.7B	6.6B	6.3B	6.2B	7.1B	6.4B
Cash And Equivalents	3.9B	3.2B	2.7B	5.0B	5.7B	3.0B
Property Plant Equipment	23.2B	18.5B	20.3B	42.0B	48.3B	27.6B
Other Liab	4.1B	3.0B	3.3B	9.4B	10.8B	11.3B
Net Tangible Assets	16.6B	12.1B	13.4B	31.7B	36.5B	20.1B
Net Invested Capital	22.3B	18.4B	18.8B	41.5B	39.3B	29.7B
Long Term Investments	35M	54M	107M	385M	369M	387.5M
Short Long Term Debt	89M	813M	196M	260M	299M	326.7M
Capital Stock	9.0B	9.3B	9.4B	29.0B	33.4B	17.3B
Non Current Liabilities Other	46M	42M	36M	945M	891M	935.6M
Net Working Capital	3.5B	2.2B	1.7B	2.7B	136M	129.2M

Pair Trading with Woodside Energy

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 Woodside Energy 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 Woodside Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Woodside Stock

0.72	BRN	Barnwell Industries	Pair Corr
0.72	CKX	CKX Lands	Pair Corr
0.7	AR	Antero Resources Corp	Pair Corr
0.45	VIST	Vista Oil Gas	Pair Corr
0.43	CHK	Chesapeake Energy Corp	Pair Corr

The ability to find closely correlated positions to Woodside Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Woodside Energy 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 Woodside Energy - 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 Woodside Energy Group to buy it.

The correlation of Woodside Energy 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 Woodside Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Woodside Energy Group 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 Woodside Energy 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 Correlation Correlation Matching

When determining whether Woodside Energy Group is a strong investment it is important to analyze Woodside Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Woodside Energy's future performance. For an informed investment choice regarding Woodside Stock, refer to the following important reports:

How To Invest In Woodside

Details

Is Woodside Stock a good investment?

Details

What is Woodside Energy's Net Worth?

Details

Largest Oil & Gas E&P Companies

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Largest Energy Companies

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woodside Energy Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

Note that the Woodside Energy Group information on this page should be used as a complementary analysis to other Woodside Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Woodside Stock analysis

When running Woodside Energy's price analysis, check to measure Woodside Energy'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 Woodside Energy is operating at the current time. Most of Woodside Energy's value examination focuses on studying past and present price action to predict the probability of Woodside Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woodside Energy's price. Additionally, you may evaluate how the addition of Woodside Energy to your portfolios can decrease your overall portfolio volatility.

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Is Woodside Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Woodside Energy. If investors know Woodside will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Woodside Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.37)

Dividend Share

1.4

Earnings Share

0.87

Revenue Per Share

7.379

Quarterly Revenue Growth

(0.40)

The market value of Woodside Energy Group is measured differently than its book value, which is the value of Woodside that is recorded on the company's balance sheet. Investors also form their own opinion of Woodside Energy's value that differs from its market value or its book value, called intrinsic value, which is Woodside Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Woodside Energy's market value can be influenced by many factors that don't directly affect Woodside Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Woodside Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woodside Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woodside Energy'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.

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Woodside Net Receivables vs Cash Analysis

Net Receivables vs Cash

Net Receivables vs Cash Correlation Analysis

Correlation Coefficient

Net Receivables

Cash

Woodside Energy fundamental ratios Correlations

Woodside Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Woodside Energy fundamental ratios Accounts

Pair Trading with Woodside Energy

Moving against Woodside Stock

Complementary Tools for Woodside Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Stockholder Equity

Other Stockholder Equity	- 0.71	Short Term Debt
Other Current Assets	- 0.63	Retained Earnings
Non Currrent Assets Other	- 0.63	Retained Earnings
Cash	- 0.62	Net Debt
Current Deferred Revenue	- 0.61	Retained Earnings
Common Stock Shares Outstanding	- 0.61	Retained Earnings