Antofagasta Other Liab vs Total Current Liabilities 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 Other Liab and its Total Current Liabilities 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.

Other Liab vs Total Current Liabilities

Other Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Antofagasta PLC Other Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Antofagasta PLC's Other Liab and Total Current Liabilities is 0.89. Overlapping area represents the amount of variation of Other Liab that can explain the historical movement of Total Current Liabilities 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 Other Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Liab of Antofagasta PLC are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Other Liab i.e., Antofagasta PLC's Other Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Other Liab

Total Current Liabilities

Total Current Liabilities is an item on Antofagasta PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Antofagasta PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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
Click cells to compare fundamentals

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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