AngloGold Other Assets vs Current Deferred Revenue Analysis

AU Stock

USD 23.85 1.07 4.70%

AngloGold Ashanti financial indicator trend analysis is way more than just evaluating AngloGold Ashanti plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AngloGold Ashanti plc is a good investment. Please check the relationship between AngloGold Ashanti Other Assets and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AngloGold Ashanti plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

Other Assets vs Current Deferred Revenue

Other Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AngloGold Ashanti plc Other Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between AngloGold Ashanti's Other Assets and Current Deferred Revenue is -0.37. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of AngloGold Ashanti plc, assuming nothing else is changed. The correlation between historical values of AngloGold Ashanti's Other Assets and Current Deferred Revenue 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 Assets of AngloGold Ashanti plc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Other Assets i.e., AngloGold Ashanti's Other Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.37

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Assets

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from AngloGold Ashanti's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AngloGold Ashanti 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 AngloGold Ashanti plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

At this time, AngloGold Ashanti's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 6.6 M in 2024, whereas Enterprise Value is likely to drop slightly above 7.6 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	15M	41M	36.9M	35.1M
Depreciation And Amortization	672M	633M	658M	621.1M

Interest Expense Depreciation And Amortization

AngloGold Ashanti 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	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Long Term Debt	Good Will
Total Assets		0.84	0.44	0.72	0.9	0.95	0.6	-0.14	0.68	0.56	0.98	0.72	0.56	0.94	0.75	0.88	0.98	0.17	0.16	0.93	0.86	0.45	-0.28	0.64	0.71	-0.49
Short Long Term Debt Total	0.84		0.4	0.63	0.55	0.75	0.9	-0.12	0.53	0.26	0.87	0.78	0.26	0.82	0.7	0.95	0.87	0.15	0.13	0.96	0.61	0.41	-0.12	0.67	0.93	-0.49
Other Current Liab	0.44	0.4		0.63	0.28	0.43	0.42	0.1	-0.23	-0.03	0.46	0.57	-0.03	0.47	0.29	0.36	0.43	0.2	-0.1	0.5	0.3	0.49	-0.11	0.34	0.28	-0.29
Total Current Liabilities	0.72	0.63	0.63		0.63	0.62	0.5	-0.14	0.38	0.31	0.68	0.54	0.32	0.75	0.54	0.5	0.71	0.64	0.15	0.7	0.72	0.91	-0.18	0.43	0.34	-0.39
Total Stockholder Equity	0.9	0.55	0.28	0.63		0.85	0.21	-0.14	0.7	0.77	0.83	0.47	0.78	0.83	0.66	0.61	0.86	0.11	0.16	0.68	0.92	0.38	-0.36	0.47	0.4	-0.42
Property Plant And Equipment Net	0.95	0.75	0.43	0.62	0.85		0.57	-0.14	0.56	0.42	0.96	0.67	0.42	0.88	0.58	0.84	0.92	0.07	0.17	0.88	0.72	0.38	-0.13	0.59	0.68	-0.32
Net Debt	0.6	0.9	0.42	0.5	0.21	0.57		-0.01	0.24	-0.19	0.69	0.71	-0.19	0.61	0.49	0.85	0.64	0.19	0.02	0.84	0.23	0.36	0.06	0.64	0.87	-0.33
Retained Earnings	-0.14	-0.12	0.1	-0.14	-0.14	-0.14	-0.01		-0.32	-0.23	-0.1	-0.19	-0.23	-0.17	0.08	-0.1	-0.11	-0.15	-1.0	-0.13	-0.23	-0.1	-0.15	0.08	-0.13	-0.11
Accounts Payable	0.68	0.53	-0.23	0.38	0.7	0.56	0.24	-0.32		0.66	0.62	0.25	0.66	0.59	0.69	0.55	0.63	0.23	0.34	0.55	0.74	0.16	-0.47	0.41	0.41	-0.52
Cash	0.56	0.26	-0.03	0.31	0.77	0.42	-0.19	-0.23	0.66		0.42	0.18	1.0	0.5	0.48	0.25	0.53	-0.07	0.24	0.29	0.85	0.12	-0.4	0.07	0.17	-0.37
Non Current Assets Total	0.98	0.87	0.46	0.68	0.83	0.96	0.69	-0.1	0.62	0.42		0.75	0.42	0.92	0.72	0.93	0.96	0.13	0.12	0.96	0.75	0.41	-0.22	0.7	0.77	-0.46
Non Currrent Assets Other	0.72	0.78	0.57	0.54	0.47	0.67	0.71	-0.19	0.25	0.18	0.75		0.18	0.72	0.32	0.78	0.74	0.05	0.2	0.81	0.49	0.35	0.19	0.28	0.77	-0.12
Cash And Short Term Investments	0.56	0.26	-0.03	0.32	0.78	0.42	-0.19	-0.23	0.66	1.0	0.42	0.18		0.5	0.48	0.25	0.53	-0.07	0.24	0.29	0.85	0.12	-0.41	0.08	0.17	-0.38
Net Receivables	0.94	0.82	0.47	0.75	0.83	0.88	0.61	-0.17	0.59	0.5	0.92	0.72	0.5		0.66	0.83	0.97	0.28	0.19	0.89	0.83	0.49	-0.15	0.53	0.71	-0.38
Common Stock Shares Outstanding	0.75	0.7	0.29	0.54	0.66	0.58	0.49	0.08	0.69	0.48	0.72	0.32	0.48	0.66		0.67	0.71	0.22	-0.07	0.7	0.68	0.23	-0.77	0.82	0.53	-0.9
Non Current Liabilities Total	0.88	0.95	0.36	0.5	0.61	0.84	0.85	-0.1	0.55	0.25	0.93	0.78	0.25	0.83	0.67		0.89	0.03	0.12	0.97	0.57	0.23	-0.12	0.7	0.94	-0.42
Inventory	0.98	0.87	0.43	0.71	0.86	0.92	0.64	-0.11	0.63	0.53	0.96	0.74	0.53	0.97	0.71	0.89		0.17	0.13	0.92	0.84	0.44	-0.18	0.6	0.76	-0.42
Other Current Assets	0.17	0.15	0.2	0.64	0.11	0.07	0.19	-0.15	0.23	-0.07	0.13	0.05	-0.07	0.28	0.22	0.03	0.17		0.15	0.2	0.28	0.69	-0.12	0.09	-0.12	-0.11
Other Stockholder Equity	0.16	0.13	-0.1	0.15	0.16	0.17	0.02	-1.0	0.34	0.24	0.12	0.2	0.24	0.19	-0.07	0.12	0.13	0.15		0.15	0.25	0.11	0.15	-0.07	0.14	0.1
Total Liab	0.93	0.96	0.5	0.7	0.68	0.88	0.84	-0.13	0.55	0.29	0.96	0.81	0.29	0.89	0.7	0.97	0.92	0.2	0.15		0.67	0.44	-0.16	0.69	0.87	-0.47
Total Current Assets	0.86	0.61	0.3	0.72	0.92	0.72	0.23	-0.23	0.74	0.85	0.75	0.49	0.85	0.83	0.68	0.57	0.84	0.28	0.25	0.67		0.49	-0.38	0.34	0.42	-0.48
Short Term Debt	0.45	0.41	0.49	0.91	0.38	0.38	0.36	-0.1	0.16	0.12	0.41	0.35	0.12	0.49	0.23	0.23	0.44	0.69	0.11	0.44	0.49		0.07	0.19	0.1	-0.1
Intangible Assets	-0.28	-0.12	-0.11	-0.18	-0.36	-0.13	0.06	-0.15	-0.47	-0.4	-0.22	0.19	-0.41	-0.15	-0.77	-0.12	-0.18	-0.12	0.15	-0.16	-0.38	0.07		-0.53	0.02	0.9
Other Liab	0.64	0.67	0.34	0.43	0.47	0.59	0.64	0.08	0.41	0.07	0.7	0.28	0.08	0.53	0.82	0.7	0.6	0.09	-0.07	0.69	0.34	0.19	-0.53		0.55	-0.69
Long Term Debt	0.71	0.93	0.28	0.34	0.4	0.68	0.87	-0.13	0.41	0.17	0.77	0.77	0.17	0.71	0.53	0.94	0.76	-0.12	0.14	0.87	0.42	0.1	0.02	0.55		-0.34
Good Will	-0.49	-0.49	-0.29	-0.39	-0.42	-0.32	-0.33	-0.11	-0.52	-0.37	-0.46	-0.12	-0.38	-0.38	-0.9	-0.42	-0.42	-0.11	0.1	-0.47	-0.48	-0.1	0.9	-0.69	-0.34

Click cells to compare fundamentals

AngloGold Ashanti Account Relationship Matchups

AngloGold Ashanti fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.9B	7.7B	8.0B	8.1B	8.2B	8.1B
Short Long Term Debt Total	2.2B	2.1B	2.1B	2.2B	2.4B	2.1B
Other Current Liab	272M	153M	39M	45M	388M	508.7M
Total Current Liabilities	1.7B	959M	798M	859M	1.2B	1.1B
Total Stockholder Equity	2.6B	3.7B	4.0B	4.1B	3.7B	3.1B
Property Plant And Equipment Net	2.8B	3.0B	3.6B	4.4B	4.6B	4.7B
Net Debt	1.7B	754M	940M	1.1B	1.4B	1.5B
Retained Earnings	(4.6B)	(3.5B)	(3.2B)	(1.7B)	(2.1B)	(2.0B)
Accounts Payable	586M	627M	647M	710M	464M	484.4M
Cash	456M	1.3B	1.2B	1.1B	998M	617.0M
Non Current Assets Total	4.9B	5.3B	5.8B	5.9B	6.0B	6.4B
Non Currrent Assets Other	246M	335M	296M	281M	291M	518.4M
Cash And Short Term Investments	466M	1.3B	1.2B	1.1B	998M	628.1M
Net Receivables	250M	229M	260M	237M	300M	225.9M
Common Stock Shares Outstanding	418.3M	419.5M	420.1M	420.9M	421.1M	362.3M
Liabilities And Stockholders Equity	6.9B	7.7B	8.0B	8.1B	8.2B	8.1B
Non Current Liabilities Total	2.5B	3.0B	3.1B	3.1B	3.2B	3.4B
Inventory	632M	733M	703M	773M	829M	628.6M
Other Current Assets	634M	42M	26M	27M	47.0M	44.6M
Other Stockholder Equity	4.6B	3.5B	3.2B	7.2B	6.5B	6.8B
Total Liab	4.2B	3.9B	3.9B	3.9B	4.4B	4.9B
Total Current Assets	2.0B	2.3B	2.1B	2.1B	2.2B	1.8B
Short Term Debt	779M	179M	112M	104M	289M	241.1M
Accumulated Other Comprehensive Income	(4.6B)	(3.5B)	(3.2B)	(1.4B)	5.4B	5.7B
Other Liab	1.1B	1.1B	1.1B	1.0B	1.2B	1.1B
Long Term Debt	1.3B	1.8B	1.9B	2.0B	2.3B	1.9B
Common Stock	7.2B	7.2B	7.2B	17M	420M	399M
Property Plant Equipment	2.8B	3.0B	3.6B	4.4B	3.9B	3.6B
Short Term Investments	10M	9M	0.0	8M	7.2M	6.8M
Other Assets	351M	342M	(1M)	122M	109.8M	104.3M
Property Plant And Equipment Gross	2.8B	3.0B	3.6B	4.4B	3.9B	3.9B
Net Tangible Assets	2.5B	3.6B	3.9B	4.0B	4.6B	3.2B
Long Term Investments	1.7B	1.8B	1.8B	1.1B	992.7M	1.3B
Short Long Term Debt	139M	734M	142M	20M	18M	17.1M

AngloGold Ashanti Investors Sentiment

The influence of AngloGold Ashanti's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AngloGold. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to AngloGold Ashanti's public news can be used to forecast risks associated with an investment in AngloGold. The trend in average sentiment can be used to explain how an investor holding AngloGold can time the market purely based on public headlines and social activities around AngloGold Ashanti plc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

AngloGold Ashanti's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AngloGold Ashanti's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AngloGold Ashanti's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AngloGold Ashanti.

AngloGold Ashanti Implied Volatility

48.33

AngloGold Ashanti's implied volatility exposes the market's sentiment of AngloGold Ashanti plc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if AngloGold Ashanti's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that AngloGold Ashanti stock will not fluctuate a lot when AngloGold Ashanti's options are near their expiration.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AngloGold Ashanti in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AngloGold Ashanti's short interest history, or implied volatility extrapolated from AngloGold Ashanti options trading.

Pair Trading with AngloGold Ashanti

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 AngloGold Ashanti 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 AngloGold Ashanti will appreciate offsetting losses from the drop in the long position's value.

Moving together with AngloGold Stock

0.83	AA	Alcoa Corp Financial Report 17th of July 2024	Pair Corr
0.86	AG	First Majestic Silver Financial Report 2nd of May 2024	Pair Corr

Moving against AngloGold Stock

0.92	NC	NACCO Industries	Pair Corr
0.8	VALE	Vale SA ADR	Pair Corr
0.71	X	United States Steel Earnings Call This Week	Pair Corr
0.47	CC	Chemours	Pair Corr

The ability to find closely correlated positions to AngloGold Ashanti could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AngloGold Ashanti 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 AngloGold Ashanti - 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 AngloGold Ashanti plc to buy it.

The correlation of AngloGold Ashanti 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 AngloGold Ashanti moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AngloGold Ashanti plc 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 AngloGold Ashanti 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 Correlation Correlation Matching

When determining whether AngloGold Ashanti plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AngloGold Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Anglogold Ashanti Plc Stock. Highlighted below are key reports to facilitate an investment decision about Anglogold Ashanti Plc Stock:

How To Invest In AngloGold

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Is AngloGold Stock a good investment?

Details

What is AngloGold Ashanti's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AngloGold Ashanti plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.

You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for AngloGold Stock analysis

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

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Is AngloGold Ashanti's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AngloGold Ashanti. If investors know AngloGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AngloGold Ashanti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.62)

Dividend Share

0.23

Earnings Share

0.1

Revenue Per Share

10.881

Quarterly Revenue Growth

0.021

The market value of AngloGold Ashanti plc is measured differently than its book value, which is the value of AngloGold that is recorded on the company's balance sheet. Investors also form their own opinion of AngloGold Ashanti's value that differs from its market value or its book value, called intrinsic value, which is AngloGold Ashanti's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AngloGold Ashanti's market value can be influenced by many factors that don't directly affect AngloGold Ashanti's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between AngloGold Ashanti's value and its price as these two are different measures arrived at by different means. Investors typically determine if AngloGold Ashanti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AngloGold Ashanti'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.

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AngloGold Other Assets vs Current Deferred Revenue Analysis

Other Assets vs Current Deferred Revenue

Other Assets vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Other Assets

Current Deferred Revenue

AngloGold Ashanti fundamental ratios Correlations

AngloGold Ashanti Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AngloGold Ashanti fundamental ratios Accounts

AngloGold Ashanti Investors Sentiment

AngloGold Ashanti Implied Volatility

Pair Trading with AngloGold Ashanti

Moving together with AngloGold Stock

Moving against AngloGold Stock

Complementary Tools for AngloGold Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.98	Total Assets
Inventory	+ 0.98	Total Assets
Inventory	+ 0.97	Net Receivables
Total Liab	+ 0.97	Non Current Liabilities Total
Total Liab	+ 0.96	Short Long Term Debt Total

Other Stockholder Equity	- 1.0	Retained Earnings
Good Will	- 0.9	Common Stock Shares Outstanding
Intangible Assets	- 0.77	Common Stock Shares Outstanding
Good Will	- 0.69	Other Liab
Other Liab	- 0.53	Intangible Assets
Good Will	- 0.52	Accounts Payable