Woodside Net Receivables vs Net Tangible Assets Analysis

WDS Stock  USD 18.35  0.07  0.38%   
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 Net Tangible Assets 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 Net Tangible Assets

Net Receivables vs Net Tangible Assets 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 Net Tangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Woodside Energy's Net Receivables and Net Tangible Assets is 0.81. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Net Tangible Assets 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 Net Tangible Assets 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 Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Receivables i.e., Woodside Energy's Net Receivables and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
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. Enterprise Value is likely to gain to about 47 B in 2024, whereas Tax Provision is likely to drop slightly above 866.2 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses4.5B8.5B8.8B9.2B
Interest Expense204M131M258M270.9M

Woodside Energy fundamental ratios Correlations

0.40.110.920.990.99-0.07-0.360.470.990.890.490.950.930.950.970.980.79-0.040.960.660.910.940.640.030.79
0.4-0.120.340.310.390.57-0.160.290.380.150.320.20.260.60.240.540.470.090.30.50.440.20.40.190.48
0.11-0.120.290.140.15-0.220.450.140.12-0.030.140.2-0.09-0.050.210.060.050.34-0.020.11-0.120.13-0.17-0.330.28
0.920.340.290.90.87-0.17-0.440.520.890.840.550.930.850.830.950.920.840.20.90.760.850.930.66-0.330.73
0.990.310.140.90.98-0.14-0.30.470.990.90.490.960.920.920.970.950.77-0.050.960.620.880.940.590.040.77
0.990.390.150.870.980.0-0.290.371.00.880.390.940.910.940.940.950.7-0.070.940.580.870.90.60.10.82
-0.070.57-0.22-0.17-0.140.0-0.22-0.62-0.03-0.06-0.59-0.13-0.020.15-0.210.05-0.320.0-0.05-0.140.02-0.20.080.20.22
-0.36-0.160.45-0.44-0.3-0.29-0.220.1-0.35-0.630.06-0.44-0.61-0.44-0.41-0.46-0.310.08-0.56-0.37-0.61-0.51-0.630.37-0.11
0.470.290.140.520.470.37-0.620.10.390.211.00.340.260.40.470.450.820.080.350.640.390.430.29-0.050.21
0.990.380.120.890.991.0-0.03-0.350.390.910.410.960.930.950.960.970.73-0.080.960.610.90.930.630.070.8
0.890.15-0.030.840.90.88-0.06-0.630.210.910.240.950.980.830.930.870.61-0.150.970.530.90.950.65-0.110.6
0.490.320.140.550.490.39-0.590.061.00.410.240.370.290.430.50.490.840.080.380.690.440.460.33-0.060.24
0.950.20.20.930.960.94-0.13-0.440.340.960.950.370.940.850.980.910.68-0.050.960.60.870.980.61-0.120.7
0.930.26-0.090.850.920.91-0.02-0.610.260.930.980.290.940.890.930.910.67-0.080.990.520.910.920.7-0.080.68
0.950.6-0.050.830.920.940.15-0.440.40.950.830.430.850.890.870.980.76-0.120.920.660.930.850.710.140.76
0.970.240.210.950.970.94-0.21-0.410.470.960.930.50.980.930.870.930.78-0.010.960.660.890.980.64-0.150.71
0.980.540.060.920.950.950.05-0.460.450.970.870.490.910.910.980.930.82-0.020.950.720.940.910.72-0.010.78
0.790.470.050.840.770.7-0.32-0.310.820.730.610.840.680.670.760.780.820.180.740.80.760.740.59-0.20.57
-0.040.090.340.2-0.05-0.070.00.080.08-0.08-0.150.08-0.05-0.08-0.12-0.01-0.020.18-0.07-0.05-0.21-0.1-0.11-0.710.26
0.960.3-0.020.90.960.94-0.05-0.560.350.960.970.380.960.990.920.960.950.74-0.070.610.940.960.7-0.070.71
0.660.50.110.760.620.58-0.14-0.370.640.610.530.690.60.520.660.660.720.8-0.050.610.780.690.65-0.110.51
0.910.44-0.120.850.880.870.02-0.610.390.90.90.440.870.910.930.890.940.76-0.210.940.780.910.790.040.66
0.940.20.130.930.940.9-0.2-0.510.430.930.950.460.980.920.850.980.910.74-0.10.960.690.910.64-0.130.61
0.640.4-0.170.660.590.60.08-0.630.290.630.650.330.610.70.710.640.720.59-0.110.70.650.790.64-0.120.53
0.030.19-0.33-0.330.040.10.20.37-0.050.07-0.11-0.06-0.12-0.080.14-0.15-0.01-0.2-0.71-0.07-0.110.04-0.13-0.12-0.04
0.790.480.280.730.770.820.22-0.110.210.80.60.240.70.680.760.710.780.570.260.710.510.660.610.53-0.04
Click cells to compare fundamentals

Woodside Energy Account Relationship Matchups

Woodside Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.4B24.6B26.5B59.3B55.4B58.1B
Short Long Term Debt Total6.9B7.6B6.8B6.5B6.5B3.7B
Other Current Liab34M136M497M1.1B346M570.1M
Total Current Liabilities1.1B2.1B2.6B6.6B5.0B5.2B
Total Stockholder Equity16.6B12.1B13.4B36.3B34.4B36.1B
Property Plant And Equipment Net23.2B18.5B20.3B42.0B42.7B44.8B
Net Debt2.8B7.2B3.8B323M4.8B2.5B
Retained Earnings6.7B1.4B3.4B3.3B186M176.7M
Cash4.1B367M3.0B6.2B1.7B1.2B
Non Current Assets Total24.7B20.4B22.2B50.0B50.2B52.8B
Non Currrent Assets Other21M95M51M1.1B1.5B1.5B
Cash And Short Term Investments4.1B539M3.3B6.9B1.9B1.2B
Net Receivables343M303M368M1.7B1.6B1.7B
Common Stock Shares Outstanding935.8M951.1M971.6M1.5B1.9B2.0B
Liabilities And Stockholders Equity28.6B24.6B26.5B59.3B55.4B58.1B
Non Current Liabilities Total10.8B9.7B9.6B15.6B15.2B16.0B
Inventory176M125M202M678M616M646.8M
Total Liab11.9B11.7B12.2B22.2B20.2B21.2B
Total Current Assets4.6B4.3B4.3B9.3B5.1B5.4B
Accumulated Other Comprehensive Income953M1.4B451M3.8B5.0B5.2B
Short Term Debt158M907M468M324M298M372.8M
Common Stock9.0B9.3B9.4B29.0B33.4B35.0B
Short Term Investments28M172M320M677M209M156.0M
Current Deferred Revenue715.0M951M1.5B3.1B2.7B2.8B
Accounts Payable224M100M191M2.0B1.7B1.7B
Other Current Assets42M48M109M83M92M96.6M
Other Stockholder Equity953M(1.0)202M240M241M231.6M
Other Assets1.01.8B1.7B2.2B2.5B2.7B
Long Term Debt5.6B5.5B5.3B4.9B4.9B5.5B
Long Term Debt Total6.7B6.6B6.3B6.2B7.1B6.4B
Cash And Equivalents3.9B3.2B2.7B5.0B5.7B3.0B
Property Plant Equipment23.2B18.5B20.3B42.0B48.3B27.6B
Other Liab4.1B3.0B3.3B9.4B10.8B11.3B
Net Tangible Assets16.6B12.1B13.4B31.7B36.5B20.1B
Net Invested Capital22.3B18.4B18.8B41.5B39.3B29.7B
Long Term Investments35M54M107M385M369M387.5M
Short Long Term Debt89M813M196M260M299M326.7M
Capital Stock9.0B9.3B9.4B29.0B33.4B17.3B
Non Current Liabilities Other46M42M36M945M891M935.6M
Net Working Capital3.5B2.2B1.7B2.7B136M129.2M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Woodside Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Woodside Energy's short interest history, or implied volatility extrapolated from Woodside Energy options trading.

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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:
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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.