Southern Copper Gross Profit vs. Shares Outstanding

0L8B Stock   101.70  2.37  2.28%   
Considering Southern Copper's profitability and operating efficiency indicators, Southern Copper Corp may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Southern Copper's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
1995-03-31
Previous Quarter
1.6 B
Current Value
1.5 B
Quarterly Volatility
444.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Southern Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Southern Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Southern Copper Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Southern Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Southern Copper Corp over time as well as its relative position and ranking within its peers.
  
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For more information on how to buy Southern Stock please use our How to Invest in Southern Copper guide.
Please note, there is a significant difference between Southern Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Southern Copper Corp Shares Outstanding vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Southern Copper's current stock value. Our valuation model uses many indicators to compare Southern Copper value to that of its competitors to determine the firm's financial worth.
Southern Copper Corp is rated third in gross profit category among its peers. It is number one stock in shares outstanding category among its peers creating about  0.14  of Shares Outstanding per Gross Profit. The ratio of Gross Profit to Shares Outstanding for Southern Copper Corp is roughly  7.13 . At this time, Southern Copper's Gross Profit is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Southern Copper's earnings, one of the primary drivers of an investment's value.

Southern Shares Outstanding vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Southern Copper

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
5.51 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Southern Copper

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
773.04 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Southern Shares Outstanding Comparison

Southern Copper is currently under evaluation in shares outstanding category among its peers.

Southern Copper Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Southern Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Southern Copper will eventually generate negative long term returns. The profitability progress is the general direction of Southern Copper's change in net profit over the period of time. It can combine multiple indicators of Southern Copper, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-8 M-7.6 M
Operating Income4.2 B2.2 B
Income Before TaxBB
Total Other Income Expense Net-236.5 M-248.3 M
Net Income2.4 B1.3 B
Income Tax Expense1.5 B761.8 M
Interest Income399.5 M332.7 M
Net Income Applicable To Common SharesB1.9 B
Change To Netincome187.1 M97.3 M

Southern Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Southern Copper. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Southern Copper position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Southern Copper's important profitability drivers and their relationship over time.

Use Southern Copper in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Southern Copper position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Southern Copper will appreciate offsetting losses from the drop in the long position's value.

Southern Copper Pair Trading

Southern Copper Corp Pair Trading Analysis

The ability to find closely correlated positions to Southern Copper could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Southern Copper when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Southern Copper - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Southern Copper Corp to buy it.
The correlation of Southern Copper is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Southern Copper moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Southern Copper Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Southern Copper can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Southern Copper position

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Additional Tools for Southern Stock Analysis

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