Antofagasta Accounts Payable vs Other Current Liab Analysis

ANTO Stock   1,734  43.50  2.45%   
Antofagasta PLC financial indicator trend analysis is way more than just evaluating Antofagasta PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Antofagasta PLC is a good investment. Please check the relationship between Antofagasta PLC Accounts Payable and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antofagasta PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Antofagasta PLC Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Antofagasta PLC's Accounts Payable and Other Current Liab is 0.69. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Antofagasta PLC, assuming nothing else is changed. The correlation between historical values of Antofagasta PLC's Accounts Payable and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Antofagasta PLC are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Antofagasta PLC's Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Antofagasta PLC obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Antofagasta PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Other Current Liab

Most indicators from Antofagasta PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Antofagasta PLC 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Antofagasta PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 373.6 M in 2025. Discontinued Operations is likely to drop to about 6.2 M in 2025
 2022 2023 2024 2025 (projected)
Interest Expense95.5M121.4M139.6M146.6M
Depreciation And Amortization1.1B1.2B1.4B1.5B

Antofagasta PLC fundamental ratios Correlations

0.950.760.970.990.990.80.990.940.040.98-0.040.740.85-0.690.850.920.150.90.990.860.870.770.850.790.88
0.950.640.960.90.960.870.90.890.00.960.040.640.74-0.560.880.850.020.840.980.870.760.830.740.710.91
0.760.640.70.750.720.520.750.690.070.690.090.750.69-0.550.720.690.180.820.730.690.80.40.690.810.47
0.970.960.70.940.970.860.940.92-0.050.980.120.690.79-0.590.890.870.060.910.980.910.780.880.790.750.89
0.990.90.750.940.960.721.00.90.120.95-0.040.780.91-0.770.80.930.20.90.950.790.890.750.910.780.82
0.990.960.720.970.960.860.960.95-0.061.0-0.040.650.81-0.640.840.90.110.870.990.880.790.80.810.720.91
0.80.870.520.860.720.860.720.83-0.50.87-0.070.340.48-0.290.70.620.010.630.860.820.470.780.480.520.92
0.990.90.750.941.00.960.720.90.110.95-0.050.770.91-0.780.790.930.210.890.950.790.890.750.910.780.83
0.940.890.690.920.90.950.830.9-0.120.94-0.070.640.67-0.470.850.910.10.820.940.890.780.70.670.750.87
0.040.00.07-0.050.12-0.06-0.50.11-0.12-0.070.20.440.33-0.380.120.230.010.21-0.02-0.130.37-0.110.330.2-0.25
0.980.960.690.980.951.00.870.950.94-0.070.00.630.79-0.610.850.890.10.880.990.890.770.840.790.710.93
-0.040.040.090.12-0.04-0.04-0.07-0.05-0.070.20.00.110.040.070.26-0.03-0.380.32-0.010.25-0.050.370.040.07-0.17
0.740.640.750.690.780.650.340.770.640.440.630.110.73-0.620.730.750.040.780.70.580.950.40.730.940.42
0.850.740.690.790.910.810.480.910.670.330.790.040.73-0.940.590.790.250.820.790.550.820.641.00.650.59
-0.69-0.56-0.55-0.59-0.77-0.64-0.29-0.78-0.47-0.38-0.610.07-0.62-0.94-0.35-0.65-0.34-0.62-0.61-0.3-0.7-0.47-0.94-0.49-0.42
0.850.880.720.890.80.840.70.790.850.120.850.260.730.59-0.350.81-0.10.910.880.950.770.720.590.820.73
0.920.850.690.870.930.90.620.930.910.230.89-0.030.750.79-0.650.810.170.850.890.770.880.650.790.750.78
0.150.020.180.060.20.110.010.210.10.010.1-0.380.040.25-0.34-0.10.170.070.08-0.130.20.010.25-0.120.1
0.90.840.820.910.90.870.630.890.820.210.880.320.780.82-0.620.910.850.070.880.880.830.780.820.80.67
0.990.980.730.980.950.990.860.950.94-0.020.99-0.010.70.79-0.610.880.890.080.880.890.820.790.790.770.91
0.860.870.690.910.790.880.820.790.89-0.130.890.250.580.55-0.30.950.77-0.130.880.890.660.790.550.730.8
0.870.760.80.780.890.790.470.890.780.370.77-0.050.950.82-0.70.770.880.20.830.820.660.480.820.910.59
0.770.830.40.880.750.80.780.750.7-0.110.840.370.40.64-0.470.720.650.010.780.790.790.480.640.440.8
0.850.740.690.790.910.810.480.910.670.330.790.040.731.0-0.940.590.790.250.820.790.550.820.640.650.59
0.790.710.810.750.780.720.520.780.750.20.710.070.940.65-0.490.820.75-0.120.80.770.730.910.440.650.53
0.880.910.470.890.820.910.920.830.87-0.250.93-0.170.420.59-0.420.730.780.10.670.910.80.590.80.590.53
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Antofagasta PLC Account Relationship Matchups

Antofagasta PLC fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets16.6B17.3B18.2B19.6B22.6B23.7B
Short Long Term Debt Total3.8B3.2B3.3B4.1B4.7B4.9B
Other Current Liab331.9M282.6M361.4M398.6M458.4M481.3M
Total Current Liabilities1.6B1.6B1.6B2.2B2.5B2.6B
Total Stockholder Equity7.8B8.4B8.6B9.0B10.3B10.8B
Property Plant And Equipment Net9.9B10.5B11.5B12.7B14.6B15.3B
Net Debt2.5B2.4B2.5B3.4B3.9B4.1B
Retained Earnings7.5B8.1B8.3B8.6B9.8B10.3B
Accounts Payable536.5M579.5M751.5M788.1M906.3M951.6M
Cash1.2B743.4M810.4M644.7M741.4M892.4M
Non Current Assets Total10.9B11.5B12.5B14.5B16.6B17.5B
Non Currrent Assets Other(6.4M)(11.5B)(12.5B)3.3B3.0B3.1B
Cash And Short Term Investments3.7B3.7B2.4B3.4B3.9B4.1B
Liabilities And Stockholders Equity16.6B17.3B18.2B19.6B22.6B23.7B
Non Current Liabilities Total3.0B2.7B2.8B5.4B6.2B6.5B
Inventory592.7M532.8M708.1M671M771.7M810.2M
Other Current Assets235.2M119.8M1.1B193.6M222.6M172.8M
Total Liab6.5B6.2B6.6B7.6B8.7B9.2B
Property Plant And Equipment Gross9.9B10.5B11.7B25.2B28.9B30.4B
Total Current Assets5.3B5.4B5.2B5.2B6.0B6.3B
Short Term Debt603.4M337.9M432.5M901.9M1.0B1.1B
Short Term Investments2.4B3.0B1.6B2.7B3.1B3.3B
Accumulated Other Comprehensive Income(30.6M)(10.4M)5M104.5M120.2M126.2M
Other Liab1.6B1.7B1.8B2.1B2.5B2.6B
Long Term Debt3.0B2.7B2.8B3.1B3.5B3.7B
Net Receivables832.6M1.0B997.1M950.1M1.1B624.2M
Property Plant Equipment9.6B9.9B10.5B11.5B13.3B13.9B
Current Deferred Revenue(603.4M)(337.9M)(432.5M)(518.5M)(466.7M)(490.0M)
Other Assets343.3M419.7M477.6M597.5M687.1M721.5M
Net Tangible Assets7.2B7.6B8.4B8.6B9.9B7.9B
Short Long Term Debt529.3M268M377.4M794.1M714.7M521.7M
Capital Lease Obligations208.2M159.8M131.7M224.7M258.4M187.0M
Non Current Liabilities Other1M1.9M1.1M800K720K1.3M

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