Antofagasta Cash vs Property Plant And Equipment Net Analysis

ANTO Stock   1,752  37.00  2.16%   
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 Cash and its Property Plant And Equipment Net 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.

Cash vs Property Plant And Equipment Net

Cash vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Antofagasta PLC Cash account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Antofagasta PLC's Cash and Property Plant And Equipment Net is -0.02. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net 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 Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Antofagasta PLC are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Antofagasta PLC's Cash and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of Antofagasta PLC, which is listed under current asset account on Antofagasta PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Antofagasta PLC customers. The amounts must be unrestricted with restricted cash listed in a different Antofagasta PLC 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.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
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 2024. Discontinued Operations is likely to drop to about 6.2 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense69.6M95.5M121.4M127.5M
Depreciation And Amortization1.1B1.1B1.2B1.3B

Antofagasta PLC fundamental ratios Correlations

0.930.110.960.980.990.740.980.850.10.98-0.170.690.9-0.780.790.90.150.790.980.80.840.690.90.730.85
0.930.10.950.870.940.820.870.740.050.95-0.090.570.79-0.640.830.810.160.680.980.810.70.770.790.620.9
0.110.10.180.190.160.10.2-0.2-0.060.180.18-0.210.37-0.5-0.25-0.050.410.060.07-0.12-0.160.490.37-0.330.06
0.960.950.180.930.960.810.930.810.00.980.010.620.86-0.690.830.830.170.760.970.870.730.840.860.670.89
0.980.870.190.930.950.641.00.850.180.94-0.160.730.94-0.860.720.910.190.830.930.720.870.670.940.720.77
0.990.940.160.960.950.810.950.79-0.021.0-0.180.570.86-0.730.770.870.150.720.980.830.740.730.860.640.9
0.740.820.10.810.640.810.640.48-0.530.83-0.190.190.48-0.310.590.510.180.320.810.760.340.710.480.380.9
0.980.870.20.931.00.950.640.850.170.94-0.170.730.94-0.860.720.910.190.820.930.710.860.670.940.720.78
0.850.74-0.20.810.850.790.480.850.270.78-0.080.790.75-0.60.830.920.130.850.810.740.890.490.750.790.64
0.10.05-0.060.00.18-0.02-0.530.170.27-0.030.230.510.33-0.40.220.31-0.080.440.03-0.10.44-0.080.330.27-0.24
0.980.950.180.980.941.00.830.940.78-0.03-0.140.550.85-0.70.780.860.150.710.980.850.710.780.850.610.92
-0.17-0.090.180.01-0.16-0.18-0.19-0.17-0.080.23-0.140.040.040.080.18-0.14-0.20.12-0.150.16-0.150.320.04-0.03-0.22
0.690.57-0.210.620.730.570.190.730.790.510.550.040.72-0.660.680.7-0.040.80.630.480.950.260.720.930.32
0.90.790.370.860.940.860.480.940.750.330.850.040.72-0.940.660.810.20.830.840.630.820.671.00.670.6
-0.78-0.64-0.5-0.69-0.86-0.73-0.31-0.86-0.6-0.4-0.70.08-0.66-0.94-0.41-0.71-0.29-0.73-0.69-0.35-0.75-0.52-0.94-0.53-0.42
0.790.83-0.250.830.720.770.590.720.830.220.780.180.680.66-0.410.74-0.050.730.830.920.730.610.660.760.71
0.90.81-0.050.830.910.870.510.910.920.310.86-0.140.70.81-0.710.740.070.830.860.70.850.540.810.680.72
0.150.160.410.170.190.150.180.190.13-0.080.15-0.2-0.040.2-0.29-0.050.070.140.14-0.080.090.280.2-0.140.1
0.790.680.060.760.830.720.320.820.850.440.710.120.80.83-0.730.730.830.140.730.620.850.540.830.720.5
0.980.980.070.970.930.980.810.930.810.030.98-0.150.630.84-0.690.830.860.140.730.840.780.720.840.70.89
0.80.81-0.120.870.720.830.760.710.74-0.10.850.160.480.63-0.350.920.7-0.080.620.840.570.710.630.630.82
0.840.7-0.160.730.870.740.340.860.890.440.71-0.150.950.82-0.750.730.850.090.850.780.570.350.820.90.5
0.690.770.490.840.670.730.710.670.49-0.080.780.320.260.67-0.520.610.540.280.540.720.710.350.670.270.77
0.90.790.370.860.940.860.480.940.750.330.850.040.721.0-0.940.660.810.20.830.840.630.820.670.670.6
0.730.62-0.330.670.720.640.380.720.790.270.61-0.030.930.67-0.530.760.68-0.140.720.70.630.90.270.670.45
0.850.90.060.890.770.90.90.780.64-0.240.92-0.220.320.6-0.420.710.720.10.50.890.820.50.770.60.45
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Antofagasta PLC Account Relationship Matchups

Antofagasta PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6B16.6B17.3B18.2B19.6B20.6B
Short Long Term Debt Total2.8B3.8B3.2B3.3B4.1B4.3B
Other Current Liab1.0B331.9M282.6M361.4M398.6M333.2M
Total Current Liabilities1.5B1.6B1.6B1.6B2.2B2.3B
Total Stockholder Equity7.4B7.8B8.4B8.6B9.0B9.4B
Property Plant And Equipment Net9.6B9.9B10.5B11.5B12.7B13.3B
Net Debt2.1B2.5B2.4B2.5B3.4B3.6B
Retained Earnings7.1B7.5B8.1B8.3B8.6B9.0B
Accounts Payable513.5M536.5M579.5M751.5M788.1M827.5M
Cash653.7M1.2B743.4M810.4M644.7M892.4M
Non Current Assets Total10.7B10.9B11.5B12.5B14.5B15.2B
Non Currrent Assets Other(8.2M)(6.4M)(11.5B)(12.5B)3.3B3.5B
Cash And Short Term Investments2.2B3.7B3.7B2.4B3.4B3.5B
Liabilities And Stockholders Equity14.6B16.6B17.3B18.2B19.6B20.6B
Non Current Liabilities Total1.9B3.0B2.7B2.8B5.4B5.7B
Inventory586.4M592.7M532.8M708.1M671M704.6M
Other Current Assets254.8M235.2M119.8M1.1B193.6M210.2M
Other Stockholder Equity181.1M199.2M178.4M204.2M303.7M196.9M
Total Liab5.2B6.5B6.2B6.6B7.6B8.0B
Property Plant And Equipment Gross9.6B9.9B10.5B11.7B25.2B26.4B
Total Current Assets3.6B5.3B5.4B5.2B5.2B5.5B
Short Term Debt723.9M603.4M337.9M432.5M901.9M947.0M
Short Term Investments1.5B2.4B3.0B1.6B2.7B2.9B
Accumulated Other Comprehensive Income(18.1M)(30.6M)(10.4M)5M104.5M109.7M
Other Liab1.6B1.7B1.8B2.1B2.5B2.6B
Long Term Debt1.9B3.0B2.7B2.8B3.1B1.6B
Net Receivables570.9M832.6M1.0B997.1M950.1M624.2M
Property Plant Equipment9.6B9.9B10.5B11.5B13.3B13.9B
Current Deferred Revenue(723.9M)(603.4M)(337.9M)(432.5M)(518.5M)(544.4M)
Other Assets268.2M343.3M419.7M477.6M597.5M327.5M
Net Tangible Assets7.2B7.6B8.4B8.6B9.9B7.9B
Short Long Term Debt648.4M529.3M268M377.4M794.1M521.7M
Capital Lease Obligations244M208.2M159.8M131.7M224.7M187.0M
Non Current Liabilities Other1M1.9M1.1M800K720K1.3M

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