Southern Historical Income Statement

SCCO Stock  USD 116.94  5.12  4.58%   
Historical analysis of Southern Copper income statement accounts such as Operating Income of 2.2 B, Ebit of 2.2 B, EBITDA of 2.6 B or Income Before Tax of 2 B can show how well Southern Copper performed in making a profits. Evaluating Southern Copper income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Southern Copper's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Southern Copper latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Southern Copper is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.

About Southern Income Statement Analysis

Southern Copper Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Southern Copper shareholders. The income statement also shows Southern investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Southern Copper Income Statement Chart

Southern Copper Income Statement is one of the three primary financial statements used for reporting Southern's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Southern Copper revenue and expense. Southern Copper Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Southern Copper's Interest Income is very stable compared to the past year. As of the 28th of April 2024, Reconciled Depreciation is likely to grow to about 834.7 M, while Interest Expense is likely to drop about 198.9 M.

Total Revenue

Total revenue comprises all receipts Southern Copper generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Southern Copper minus its cost of goods sold. It is profit before Southern Copper operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Southern Copper operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Southern Copper is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Southern Copper's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Southern Copper current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.At this time, Southern Copper's Interest Income is very stable compared to the past year. As of the 28th of April 2024, Reconciled Depreciation is likely to grow to about 834.7 M, while Interest Expense is likely to drop about 198.9 M.
 2021 2022 2023 2024 (projected)
Total Revenue10.9B10.0B9.9B5.1B
Interest Expense357.1M340.1M376.3M198.9M

Southern Copper income statement Correlations

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-0.62-0.37-0.24-0.2-0.2-0.31-0.28-0.8-0.29-0.32-0.32-0.42-0.47-0.45-0.04-0.110.210.260.110.07-0.05-0.120.050.05
0.77-0.370.910.910.910.970.930.170.870.930.880.920.740.01-0.210.8-0.15-0.420.020.72-0.53-0.350.590.62
0.52-0.240.911.01.00.981.0-0.010.970.920.720.670.530.16-0.310.880.0-0.080.010.7-0.34-0.380.550.53
0.51-0.20.911.01.00.980.99-0.050.960.920.720.670.530.1-0.320.880.02-0.090.010.73-0.36-0.390.560.54
0.5-0.20.911.01.00.980.99-0.050.960.920.720.670.530.1-0.320.880.03-0.090.010.72-0.35-0.390.560.54
0.66-0.310.970.980.980.980.990.070.940.950.810.80.650.07-0.270.86-0.05-0.260.010.74-0.46-0.390.580.59
0.57-0.280.931.00.990.990.990.040.970.930.740.710.580.15-0.320.87-0.01-0.14-0.010.71-0.35-0.350.560.54
0.43-0.80.17-0.01-0.05-0.050.070.040.020.140.040.310.240.34-0.01-0.12-0.11-0.360.07-0.180.020.31-0.35-0.28
0.48-0.290.870.970.960.960.940.970.020.810.730.630.510.25-0.310.840.01-0.01-0.030.57-0.2-0.280.540.51
0.67-0.320.930.920.920.920.950.930.140.810.70.770.650.0-0.290.81-0.05-0.350.010.82-0.53-0.410.510.51
0.73-0.320.880.720.720.720.810.740.040.730.70.890.70.040.150.64-0.27-0.420.040.52-0.46-0.440.620.68
0.87-0.420.920.670.670.670.80.710.310.630.770.890.81-0.11-0.080.61-0.29-0.650.010.61-0.61-0.270.540.61
0.95-0.470.740.530.530.530.650.580.240.510.650.70.81-0.05-0.230.59-0.27-0.69-0.520.69-0.61-0.060.780.75
-0.01-0.450.010.160.10.10.070.150.340.250.00.04-0.11-0.050.040.07-0.270.36-0.08-0.270.430.06-0.08-0.19
-0.09-0.04-0.21-0.31-0.32-0.32-0.27-0.32-0.01-0.31-0.290.15-0.08-0.230.04-0.39-0.050.050.36-0.430.0-0.2-0.28-0.08
0.5-0.110.80.880.880.880.860.87-0.120.840.810.640.610.590.07-0.390.0-0.13-0.190.74-0.42-0.260.640.72
-0.320.21-0.150.00.020.03-0.05-0.01-0.110.01-0.05-0.27-0.29-0.27-0.27-0.050.00.360.04-0.10.140.06-0.17-0.26
-0.760.26-0.42-0.08-0.09-0.09-0.26-0.14-0.36-0.01-0.35-0.42-0.65-0.690.360.05-0.130.360.15-0.510.720.16-0.38-0.46
-0.290.110.020.010.010.010.01-0.010.07-0.030.010.040.01-0.52-0.080.36-0.190.040.15-0.30.05-0.49-0.61-0.39
0.60.070.720.70.730.720.740.71-0.180.570.820.520.610.69-0.27-0.430.74-0.1-0.51-0.3-0.7-0.340.760.72
-0.65-0.05-0.53-0.34-0.36-0.35-0.46-0.350.02-0.2-0.53-0.46-0.61-0.610.430.0-0.420.140.720.05-0.70.38-0.48-0.66
-0.16-0.12-0.35-0.38-0.39-0.39-0.39-0.350.31-0.28-0.41-0.44-0.27-0.060.06-0.2-0.260.060.16-0.49-0.340.38-0.19-0.22
0.590.050.590.550.560.560.580.56-0.350.540.510.620.540.78-0.08-0.280.64-0.17-0.38-0.610.76-0.48-0.190.85
0.630.050.620.530.540.540.590.54-0.280.510.510.680.610.75-0.19-0.080.72-0.26-0.46-0.390.72-0.66-0.220.85
Click cells to compare fundamentals

Southern Copper Account Relationship Matchups

Southern Copper income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization778.6M767.3M794.8M964.5M833.6M875.3M
Interest Expense340.7M366.6M357.1M340.1M376.3M198.9M
Total Revenue7.3B8.0B10.9B10.0B9.9B5.1B
Gross Profit2.9B3.3B6.2B4.6B4.3B2.4B
Operating Income2.8B3.1B6.1B4.4B4.2B2.2B
Ebit2.8B3.1B6.1B4.4B4.2B2.2B
Ebitda3.5B3.9B6.9B5.4B5.0B2.6B
Income Before Tax2.4B2.7B5.7B4.3B4.0B2.0B
Total Other Income Expense Net(326.5M)(374.9M)(368.3M)(171.9M)(236.5M)(224.7M)
Net Income1.5B1.6B3.4B2.6B2.4B1.3B
Income Tax Expense945.3M1.2B2.3B1.6B1.5B761.8M
Selling General Administrative131.8M126M125.2M125M127.7M92.9M
Other Operating Expenses4.5B4.9B4.9B5.6B5.7B2.9B
Cost Of Revenue4.4B4.7B4.7B5.4B5.6B5.9B
Total Operating Expenses161.8M158.8M168.6M166.7M127.2M223.1M
Net Income Applicable To Common Shares1.5B1.6B3.4B2.6B3.0B3.2B
Minority Interest5.2M47.9M7.4M(14.1M)(9.5M)(10M)
Net Income From Continuing Ops1.5B2.8B3.4B2.6B2.9B2.1B
Non Operating Income Net Other12.9M(2.4M)(1.9M)2.4M2.2M3.1M
Tax Provision945.3M1.2B2.3B1.6B1.6B1.4B
Interest Income21.2M19.2M7.2M35M83.6M87.8M
Net Interest Income(319.5M)(347.4M)(349.9M)(305.1M)(245.1M)(257.4M)
Reconciled Depreciation764.4M775.6M806M796.3M824.1M834.7M

Southern Copper Investors Sentiment

The influence of Southern Copper'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 Southern. 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 Southern Copper's public news can be used to forecast risks associated with an investment in Southern. The trend in average sentiment can be used to explain how an investor holding Southern can time the market purely based on public headlines and social activities around Southern Copper. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Southern Copper'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 Southern Copper'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 Southern Copper's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Southern Copper.

Southern Copper Implied Volatility

    
  36.03  
Southern Copper's implied volatility exposes the market's sentiment of Southern Copper stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Southern Copper'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 Southern Copper stock will not fluctuate a lot when Southern Copper'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 Southern Copper 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, Southern Copper's short interest history, or implied volatility extrapolated from Southern Copper options trading.

Currently Active Assets on Macroaxis

When determining whether Southern Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Copper Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Copper Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.
Note that the Southern Copper information on this page should be used as a complementary analysis to other Southern Copper's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary 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.
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Fundamental Analysis
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Is Southern Copper'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 Southern Copper. If investors know Southern 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 Southern Copper 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
(0.1)
Dividend Share
3.8
Earnings Share
3.04
Revenue Per Share
12.549
Quarterly Revenue Growth
(0.07)
The market value of Southern Copper is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern Copper's value that differs from its market value or its book value, called intrinsic value, which is Southern Copper'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 Southern Copper's market value can be influenced by many factors that don't directly affect Southern Copper'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 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.