Woodside Minority Interest vs Ebit Analysis

WDS Stock  USD 15.39  0.33  2.10%   
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 Minority Interest and its Ebit 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 closely tied with the direction of predictive economic indicators such as signals in unemployment.

Minority Interest vs Ebit

Minority Interest vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Woodside Energy Group Minority Interest account and Ebit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Woodside Energy's Minority Interest and Ebit is 0.14. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Ebit 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 Minority Interest and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of Woodside Energy Group are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Minority Interest i.e., Woodside Energy's Minority Interest and Ebit go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Woodside Energy Group whose combined shares represent less than 50% of the total outstanding shares issued by Woodside Energy have a minority interest in Woodside Energy.

Ebit

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 closely tied 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 Over EBITDA is likely to gain to 6.09 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 Expenses4.5B8.5B8.8B9.2B
Interest Expense204M131M258M270.9M

Woodside Energy fundamental ratios Correlations

0.4-0.840.920.990.99-0.07-0.360.470.990.890.490.950.930.950.970.980.79-0.040.960.660.910.940.640.030.79
0.4-0.30.340.310.390.57-0.160.290.380.150.320.20.260.60.240.540.470.090.30.50.440.20.40.190.48
-0.84-0.3-0.8-0.82-0.770.10.72-0.41-0.82-0.9-0.45-0.83-0.9-0.83-0.84-0.85-0.740.21-0.91-0.71-0.94-0.9-0.730.04-0.47
0.920.34-0.80.90.87-0.17-0.440.520.890.840.550.930.850.830.950.920.840.20.90.760.850.930.66-0.330.73
0.990.31-0.820.90.98-0.14-0.30.470.990.90.490.960.920.920.970.950.77-0.050.960.620.880.940.590.040.77
0.990.39-0.770.870.980.0-0.290.371.00.880.390.940.910.940.940.950.7-0.070.940.580.870.90.60.10.82
-0.070.570.1-0.17-0.140.0-0.22-0.62-0.03-0.06-0.59-0.13-0.020.15-0.210.05-0.320.0-0.05-0.140.02-0.20.080.20.22
-0.36-0.160.72-0.44-0.3-0.29-0.220.1-0.35-0.630.06-0.44-0.61-0.44-0.41-0.46-0.310.08-0.56-0.37-0.61-0.51-0.630.37-0.11
0.470.29-0.410.520.470.37-0.620.10.390.211.00.340.260.40.470.450.820.080.350.640.390.430.29-0.050.21
0.990.38-0.820.890.991.0-0.03-0.350.390.910.410.960.930.950.960.970.73-0.080.960.610.90.930.630.070.8
0.890.15-0.90.840.90.88-0.06-0.630.210.910.240.950.980.830.930.870.61-0.150.970.530.90.950.65-0.110.6
0.490.32-0.450.550.490.39-0.590.061.00.410.240.370.290.430.50.490.840.080.380.690.440.460.33-0.060.24
0.950.2-0.830.930.960.94-0.13-0.440.340.960.950.370.940.850.980.910.68-0.050.960.60.870.980.61-0.120.7
0.930.26-0.90.850.920.91-0.02-0.610.260.930.980.290.940.890.930.910.67-0.080.990.520.910.920.7-0.080.68
0.950.6-0.830.830.920.940.15-0.440.40.950.830.430.850.890.870.980.76-0.120.920.660.930.850.710.140.76
0.970.24-0.840.950.970.94-0.21-0.410.470.960.930.50.980.930.870.930.78-0.010.960.660.890.980.64-0.150.71
0.980.54-0.850.920.950.950.05-0.460.450.970.870.490.910.910.980.930.82-0.020.950.720.940.910.72-0.010.78
0.790.47-0.740.840.770.7-0.32-0.310.820.730.610.840.680.670.760.780.820.180.740.80.760.740.59-0.20.57
-0.040.090.210.2-0.05-0.070.00.080.08-0.08-0.150.08-0.05-0.08-0.12-0.01-0.020.18-0.07-0.05-0.21-0.1-0.11-0.710.26
0.960.3-0.910.90.960.94-0.05-0.560.350.960.970.380.960.990.920.960.950.74-0.070.610.940.960.7-0.070.71
0.660.5-0.710.760.620.58-0.14-0.370.640.610.530.690.60.520.660.660.720.8-0.050.610.780.690.65-0.110.51
0.910.44-0.940.850.880.870.02-0.610.390.90.90.440.870.910.930.890.940.76-0.210.940.780.910.790.040.66
0.940.2-0.90.930.940.9-0.2-0.510.430.930.950.460.980.920.850.980.910.74-0.10.960.690.910.64-0.130.61
0.640.4-0.730.660.590.60.08-0.630.290.630.650.330.610.70.710.640.720.59-0.110.70.650.790.64-0.120.53
0.030.190.04-0.330.040.10.20.37-0.050.07-0.11-0.06-0.12-0.080.14-0.15-0.01-0.2-0.71-0.07-0.110.04-0.13-0.12-0.04
0.790.48-0.470.730.770.820.22-0.110.210.80.60.240.70.680.760.710.780.570.260.710.510.660.610.53-0.04
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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 Liab34M(10M)(107M)(2.8B)(2.4B)(2.3B)
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

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