Antofagasta Inventory vs Accounts Payable Analysis

ANTO Stock

1,763 10.50 0.60%

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 Inventory and its Accounts Payable 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.

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Antofagasta PLC Inventory account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Antofagasta PLC's Inventory and Accounts Payable is 0.89. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable 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 Inventory and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Antofagasta PLC are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Inventory i.e., Antofagasta PLC's Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Inventory

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.

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 Expense	69.6M	95.5M	121.4M	127.5M
Depreciation And Amortization	1.1B	1.1B	1.2B	1.3B

Interest Expense Depreciation And Amortization

Antofagasta PLC 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	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Short Term Investments	Other Liab
Total Assets		0.93	0.7	0.96	0.98	0.99	0.74	0.98	0.91	0.1	0.98	-0.17	0.69	0.9	-0.78	0.79	0.9	0.25	0.74	0.98	0.8	0.84	0.69	0.9	0.73	0.85
Short Long Term Debt Total	0.93		0.54	0.95	0.87	0.94	0.82	0.87	0.85	0.05	0.95	-0.09	0.57	0.79	-0.64	0.83	0.81	0.11	0.62	0.98	0.81	0.7	0.77	0.79	0.62	0.9
Other Current Liab	0.7	0.54		0.61	0.68	0.64	0.39	0.68	0.6	0.13	0.6	-0.01	0.71	0.7	-0.59	0.63	0.61	0.27	0.67	0.66	0.59	0.76	0.24	0.7	0.76	0.37
Total Current Liabilities	0.96	0.95	0.61		0.93	0.96	0.81	0.93	0.89	0.0	0.98	0.01	0.62	0.86	-0.69	0.83	0.83	0.17	0.69	0.97	0.87	0.73	0.84	0.86	0.67	0.89
Total Stockholder Equity	0.98	0.87	0.68	0.93		0.95	0.64	1.0	0.86	0.18	0.94	-0.16	0.73	0.94	-0.86	0.72	0.91	0.31	0.79	0.93	0.72	0.87	0.67	0.94	0.72	0.77
Property Plant And Equipment Net	0.99	0.94	0.64	0.96	0.95		0.81	0.95	0.92	-0.02	1.0	-0.18	0.57	0.86	-0.73	0.77	0.87	0.21	0.68	0.98	0.83	0.74	0.73	0.86	0.64	0.9
Net Debt	0.74	0.82	0.39	0.81	0.64	0.81		0.64	0.78	-0.53	0.83	-0.19	0.19	0.48	-0.31	0.59	0.51	0.08	0.29	0.81	0.76	0.34	0.71	0.48	0.38	0.9
Retained Earnings	0.98	0.87	0.68	0.93	1.0	0.95	0.64		0.86	0.17	0.94	-0.17	0.73	0.94	-0.86	0.72	0.91	0.31	0.78	0.93	0.71	0.86	0.67	0.94	0.72	0.78
Accounts Payable	0.91	0.85	0.6	0.89	0.86	0.92	0.78	0.86		-0.08	0.92	-0.22	0.56	0.71	-0.53	0.78	0.89	0.2	0.55	0.91	0.85	0.73	0.6	0.71	0.67	0.86
Cash	0.1	0.05	0.13	0.0	0.18	-0.02	-0.53	0.17	-0.08		-0.03	0.23	0.51	0.33	-0.4	0.22	0.31	0.0	0.38	0.03	-0.1	0.44	-0.08	0.33	0.27	-0.24
Non Current Assets Total	0.98	0.95	0.6	0.98	0.94	1.0	0.83	0.94	0.92	-0.03		-0.14	0.55	0.85	-0.7	0.78	0.86	0.2	0.67	0.98	0.85	0.71	0.78	0.85	0.61	0.92
Non Currrent Assets Other	-0.17	-0.09	-0.01	0.01	-0.16	-0.18	-0.19	-0.17	-0.22	0.23	-0.14		0.04	0.04	0.08	0.18	-0.14	-0.37	0.13	-0.15	0.16	-0.15	0.32	0.04	-0.03	-0.22
Cash And Short Term Investments	0.69	0.57	0.71	0.62	0.73	0.57	0.19	0.73	0.56	0.51	0.55	0.04		0.72	-0.66	0.68	0.7	0.11	0.69	0.63	0.48	0.95	0.26	0.72	0.93	0.32
Common Stock Total Equity	0.9	0.79	0.7	0.86	0.94	0.86	0.48	0.94	0.71	0.33	0.85	0.04	0.72		-0.94	0.66	0.81	0.25	0.86	0.84	0.63	0.82	0.67	1.0	0.67	0.6
Common Stock Shares Outstanding	-0.78	-0.64	-0.59	-0.69	-0.86	-0.73	-0.31	-0.86	-0.53	-0.4	-0.7	0.08	-0.66	-0.94		-0.41	-0.71	-0.35	-0.81	-0.69	-0.35	-0.75	-0.52	-0.94	-0.53	-0.42
Non Current Liabilities Total	0.79	0.83	0.63	0.83	0.72	0.77	0.59	0.72	0.78	0.22	0.78	0.18	0.68	0.66	-0.41		0.74	-0.02	0.6	0.83	0.92	0.73	0.61	0.66	0.76	0.71
Inventory	0.9	0.81	0.61	0.83	0.91	0.87	0.51	0.91	0.89	0.31	0.86	-0.14	0.7	0.81	-0.71	0.74		0.26	0.71	0.86	0.7	0.85	0.54	0.81	0.68	0.72
Other Current Assets	0.25	0.11	0.27	0.17	0.31	0.21	0.08	0.31	0.2	0.0	0.2	-0.37	0.11	0.25	-0.35	-0.02	0.26		0.31	0.18	-0.06	0.28	0.08	0.25	-0.06	0.13
Other Stockholder Equity	0.74	0.62	0.67	0.69	0.79	0.68	0.29	0.78	0.55	0.38	0.67	0.13	0.69	0.86	-0.81	0.6	0.71	0.31		0.67	0.51	0.75	0.53	0.86	0.6	0.41
Total Liab	0.98	0.98	0.66	0.97	0.93	0.98	0.81	0.93	0.91	0.03	0.98	-0.15	0.63	0.84	-0.69	0.83	0.86	0.18	0.67		0.84	0.78	0.72	0.84	0.7	0.89
Property Plant And Equipment Gross	0.8	0.81	0.59	0.87	0.72	0.83	0.76	0.71	0.85	-0.1	0.85	0.16	0.48	0.63	-0.35	0.92	0.7	-0.06	0.51	0.84		0.57	0.71	0.63	0.63	0.82
Total Current Assets	0.84	0.7	0.76	0.73	0.87	0.74	0.34	0.86	0.73	0.44	0.71	-0.15	0.95	0.82	-0.75	0.73	0.85	0.28	0.75	0.78	0.57		0.35	0.82	0.9	0.5
Short Term Debt	0.69	0.77	0.24	0.84	0.67	0.73	0.71	0.67	0.6	-0.08	0.78	0.32	0.26	0.67	-0.52	0.61	0.54	0.08	0.53	0.72	0.71	0.35		0.67	0.27	0.77
Common Stock	0.9	0.79	0.7	0.86	0.94	0.86	0.48	0.94	0.71	0.33	0.85	0.04	0.72	1.0	-0.94	0.66	0.81	0.25	0.86	0.84	0.63	0.82	0.67		0.67	0.6
Short Term Investments	0.73	0.62	0.76	0.67	0.72	0.64	0.38	0.72	0.67	0.27	0.61	-0.03	0.93	0.67	-0.53	0.76	0.68	-0.06	0.6	0.7	0.63	0.9	0.27	0.67		0.45
Other Liab	0.85	0.9	0.37	0.89	0.77	0.9	0.9	0.78	0.86	-0.24	0.92	-0.22	0.32	0.6	-0.42	0.71	0.72	0.13	0.41	0.89	0.82	0.5	0.77	0.6	0.45

Click cells to compare fundamentals

Antofagasta PLC Account Relationship Matchups

Antofagasta PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.6B	16.6B	17.3B	18.2B	19.6B	20.6B
Short Long Term Debt Total	2.8B	3.8B	3.2B	3.3B	4.1B	4.3B
Other Current Liab	268.7M	331.9M	282.6M	361.4M	398.6M	418.5M
Total Current Liabilities	1.5B	1.6B	1.6B	1.6B	2.2B	2.3B
Total Stockholder Equity	7.4B	7.8B	8.4B	8.6B	9.0B	9.4B
Property Plant And Equipment Net	9.6B	9.9B	10.5B	11.5B	12.7B	13.3B
Net Debt	2.1B	2.5B	2.4B	2.5B	3.4B	3.6B
Retained Earnings	7.1B	7.5B	8.1B	8.3B	8.6B	9.0B
Accounts Payable	513.5M	536.5M	579.5M	751.5M	788.1M	827.5M
Cash	653.7M	1.2B	743.4M	810.4M	644.7M	892.4M
Non Current Assets Total	10.7B	10.9B	11.5B	12.5B	14.5B	15.2B
Non Currrent Assets Other	(8.2M)	(6.4M)	(11.5B)	(12.5B)	3.3B	3.5B
Cash And Short Term Investments	2.2B	3.7B	3.7B	2.4B	3.4B	3.5B
Liabilities And Stockholders Equity	14.6B	16.6B	17.3B	18.2B	19.6B	20.6B
Non Current Liabilities Total	1.9B	3.0B	2.7B	2.8B	5.4B	5.7B
Inventory	586.4M	592.7M	532.8M	708.1M	671M	704.6M
Other Current Assets	254.8M	235.2M	119.8M	1.1B	193.6M	172.8M
Total Liab	5.2B	6.5B	6.2B	6.6B	7.6B	8.0B
Property Plant And Equipment Gross	9.6B	9.9B	10.5B	11.7B	25.2B	26.4B
Total Current Assets	3.6B	5.3B	5.4B	5.2B	5.2B	5.5B
Short Term Debt	723.9M	603.4M	337.9M	432.5M	901.9M	947.0M
Short Term Investments	1.5B	2.4B	3.0B	1.6B	2.7B	2.9B
Accumulated Other Comprehensive Income	(18.1M)	(30.6M)	(10.4M)	5M	104.5M	109.7M
Other Liab	1.6B	1.7B	1.8B	2.1B	2.5B	2.6B
Long Term Debt	1.9B	3.0B	2.7B	2.8B	3.1B	1.6B
Net Receivables	570.9M	832.6M	1.0B	997.1M	950.1M	624.2M
Property Plant Equipment	9.6B	9.9B	10.5B	11.5B	13.3B	13.9B
Current Deferred Revenue	(723.9M)	(603.4M)	(337.9M)	(432.5M)	(518.5M)	(544.4M)
Other Assets	268.2M	343.3M	419.7M	477.6M	597.5M	327.5M
Net Tangible Assets	7.2B	7.6B	8.4B	8.6B	9.9B	7.9B
Short Long Term Debt	648.4M	529.3M	268M	377.4M	794.1M	521.7M
Capital Lease Obligations	244M	208.2M	159.8M	131.7M	224.7M	187.0M
Non Current Liabilities Other	1M	1.9M	1.1M	800K	720K	1.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Additional Tools for Antofagasta Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Antofagasta Inventory vs Accounts Payable Analysis

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

Correlation Coefficient

Inventory

Accounts Payable

Antofagasta PLC fundamental ratios Correlations

Antofagasta PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Antofagasta PLC fundamental ratios Accounts

Also Currently Popular

Additional Tools for Antofagasta Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.98	Total Assets
Retained Earnings	+ 0.98	Total Assets

Common Stock	- 0.94	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.94	Common Stock Total Equity
Common Stock Shares Outstanding	- 0.86	Retained Earnings
Common Stock Shares Outstanding	- 0.86	Total Stockholder Equity
Other Stockholder Equity	- 0.81	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.78	Total Assets