Southern Current Deferred Revenue vs Cost Of Revenue Analysis
SCCO Stock | USD 115.41 2.39 2.11% |
Southern Copper financial indicator trend analysis is much more than just breaking down Southern Copper prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Copper is a good investment. Please check the relationship between Southern Copper Current Deferred Revenue and its Cost Of Revenue accounts. 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.
Current Deferred Revenue vs Cost Of Revenue
Current Deferred Revenue vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Copper Current Deferred Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have very week relationship.
The correlation between Southern Copper's Current Deferred Revenue and Cost Of Revenue is 0.25. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Southern Copper, assuming nothing else is changed. The correlation between historical values of Southern Copper's Current Deferred Revenue and Cost Of 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 Current Deferred Revenue of Southern Copper are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Current Deferred Revenue i.e., Southern Copper's Current Deferred Revenue and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
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.Cost Of Revenue
Cost of Revenue is found on Southern Copper income statement and represents the costs associated with goods and services Southern Copper provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most indicators from Southern Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.As of the 5th of May 2024, Enterprise Value is likely to grow to about 27.2 B, while Selling General Administrative is likely to drop about 92.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 10.9B | 10.0B | 9.9B | 5.1B | Interest Expense | 357.1M | 340.1M | 376.3M | 196.8M |
Southern Copper fundamental ratios Correlations
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Southern Copper Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Southern Copper fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 16.4B | 16.7B | 18.3B | 17.3B | 16.7B | 9.2B | |
Short Long Term Debt Total | 7.9B | 7.5B | 7.4B | 7.1B | 7.0B | 7.4B | |
Other Current Liab | 478.4M | 699.9M | 1.4B | 500.8M | 457.6M | 323.0M | |
Total Current Liabilities | 1.5B | 1.4B | 2.3B | 1.2B | 1.4B | 876.9M | |
Total Stockholder Equity | 6.8B | 7.2B | 8.1B | 8.1B | 7.4B | 4.5B | |
Property Plant And Equipment Net | 10.4B | 10.2B | 10.4B | 10.4B | 10.6B | 5.6B | |
Net Debt | 6.0B | 5.3B | 4.4B | 5.0B | 5.9B | 6.2B | |
Retained Earnings | 6.4B | 6.8B | 7.8B | 7.7B | 7.0B | 3.9B | |
Accounts Payable | 598.3M | 604.2M | 591.9M | 657.6M | 652.6M | 398.1M | |
Cash | 1.9B | 2.2B | 3.0B | 2.1B | 1.2B | 1.1B | |
Non Current Assets Total | 12.2B | 11.9B | 12.2B | 12.1B | 12.3B | 6.6B | |
Non Currrent Assets Other | 1.4B | 1.2B | 1.2B | 1.2B | 1.3B | 1.4B | |
Cash And Short Term Investments | 2.0B | 2.6B | 3.5B | 2.3B | 1.8B | 1.2B | |
Net Receivables | 911.8M | 1.1B | 1.4B | 1.5B | 1.2B | 629.2M | |
Liabilities And Stockholders Equity | 16.4B | 16.7B | 18.3B | 17.3B | 16.7B | 9.2B | |
Non Current Liabilities Total | 8.1B | 8.0B | 7.8B | 7.9B | 7.9B | 8.2B | |
Inventory | 1.1B | 950.2M | 972.9M | 1.0B | 1.0B | 602.5M | |
Other Current Assets | 198.6M | 134M | 231.2M | 422M | 433.5M | 455.2M | |
Other Stockholder Equity | (9.5B) | (9.9B) | (10.8B) | (10.8B) | 383.8M | 403.0M | |
Total Liab | 9.5B | 9.4B | 10.1B | 9.1B | 9.2B | 4.7B | |
Property Plant And Equipment Gross | 10.4B | 10.4B | 10.4B | 10.4B | 20.7B | 21.7B | |
Total Current Assets | 4.2B | 4.8B | 6.1B | 5.2B | 4.4B | 2.7B | |
Accumulated Other Comprehensive Income | 6.4B | 6.8B | 7.8B | 7.7B | (8M) | (7.6M) | |
Common Stock | 3.4B | 3.5B | 3.5B | 3.5B | 8.8M | 8.4M | |
Other Liab | 553.9M | 563.8M | 749.5M | 869.5M | 999.9M | 1.0B | |
Other Assets | 1.5B | 12.0B | 1.6B | (20M) | (23M) | (21.9M) | |
Long Term Debt | 6.5B | 6.5B | 6.2B | 6.3B | 6.3B | 3.7B | |
Treasury Stock | (3.0B) | (3.0B) | (3.1B) | (3.1B) | (2.8B) | (2.6B) | |
Property Plant Equipment | 10.4B | 10.6B | 10.4B | 10.4B | 12.0B | 6.5B | |
Intangible Assets | 19.8M | 15.9M | 13.8M | 13.2M | 11.3M | 10.7M | |
Short Term Investments | 213.8M | 80.7M | 410.8M | 486.9M | 599.3M | 629.3M | |
Net Tangible Assets | 6.7B | 7.1B | 8.0B | 7.9B | 9.1B | 6.3B | |
Noncontrolling Interest In Consolidated Entity | 41.7M | 45.4M | 51.2M | 58.6M | 67.4M | 70.8M | |
Retained Earnings Total Equity | 5.7B | 6.2B | 6.8B | 7.8B | 8.9B | 9.4B | |
Long Term Debt Total | 6.0B | 6.5B | 6.5B | 6.2B | 7.2B | 5.3B |
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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 Stocks Directory module to find actively traded stocks across global markets.
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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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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.