Southern Net Tangible Assets vs Retained Earnings Analysis

SCCO Stock

USD 116.94 5.12 4.58%

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 Net Tangible Assets and its Retained Earnings 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.

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Copper Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Southern Copper's Net Tangible Assets and Retained Earnings is 0.86. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings 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 Net Tangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Southern Copper are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., Southern Copper's Net Tangible Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.86

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 28th of April 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	198.9M

Total Revenue Interest Expense

Southern Copper fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab
Common Stock Shares Outstanding		0.55	0.54	0.28	0.48	0.58	0.5	0.48	0.42	0.71	0.29	0.51	0.51	0.39	0.48	0.56	0.6	0.52	0.04	0.52	0.47	0.53	0.01	0.91	0.2	0.44
Total Assets	0.55		0.88	0.66	0.87	0.99	0.98	0.74	0.95	0.89	0.57	0.97	0.81	0.62	0.86	0.87	0.93	0.36	-0.67	0.99	0.47	0.84	0.08	0.77	0.59	0.62
Short Long Term Debt Total	0.54	0.88		0.51	0.74	0.84	0.88	0.92	0.84	0.77	0.48	0.87	0.95	0.51	0.7	1.0	0.82	0.52	-0.58	0.89	0.73	0.69	0.11	0.63	0.39	0.81
Other Current Liab	0.28	0.66	0.51		0.91	0.67	0.57	0.28	0.68	0.45	0.67	0.55	0.39	0.73	0.76	0.49	0.52	0.02	-0.64	0.65	0.17	0.77	-0.13	0.43	0.38	0.34
Total Current Liabilities	0.48	0.87	0.74	0.91		0.87	0.82	0.56	0.86	0.7	0.63	0.8	0.68	0.7	0.84	0.72	0.76	0.24	-0.66	0.86	0.39	0.83	-0.07	0.65	0.47	0.51
Total Stockholder Equity	0.58	0.99	0.84	0.67	0.87		0.96	0.7	0.94	0.88	0.58	0.95	0.79	0.63	0.88	0.84	0.91	0.42	-0.65	0.96	0.47	0.85	0.0	0.78	0.59	0.63
Property Plant And Equipment Net	0.5	0.98	0.88	0.57	0.82	0.96		0.81	0.95	0.91	0.42	1.0	0.85	0.46	0.79	0.86	0.96	0.33	-0.63	0.98	0.49	0.72	0.18	0.74	0.61	0.59
Net Debt	0.48	0.74	0.92	0.28	0.56	0.7	0.81		0.77	0.75	0.09	0.82	0.94	0.13	0.49	0.91	0.78	0.49	-0.4	0.76	0.76	0.38	0.32	0.56	0.34	0.71
Retained Earnings	0.42	0.95	0.84	0.68	0.86	0.94	0.95	0.77		0.82	0.43	0.94	0.78	0.5	0.88	0.83	0.89	0.32	-0.74	0.94	0.5	0.75	0.08	0.65	0.51	0.63
Accounts Payable	0.71	0.89	0.77	0.45	0.7	0.88	0.91	0.75	0.82		0.29	0.92	0.76	0.36	0.7	0.77	0.96	0.3	-0.41	0.88	0.39	0.63	0.31	0.9	0.64	0.47
Cash	0.29	0.57	0.48	0.67	0.63	0.58	0.42	0.09	0.43	0.29		0.39	0.3	0.97	0.67	0.48	0.34	0.21	-0.57	0.56	0.13	0.89	-0.41	0.36	0.25	0.44
Non Current Assets Total	0.51	0.97	0.87	0.55	0.8	0.95	1.0	0.82	0.94	0.92	0.39		0.85	0.43	0.76	0.86	0.96	0.33	-0.61	0.97	0.48	0.69	0.22	0.75	0.63	0.57
Non Currrent Assets Other	0.51	0.81	0.95	0.39	0.68	0.79	0.85	0.94	0.78	0.76	0.3	0.85		0.34	0.58	0.95	0.78	0.52	-0.49	0.81	0.77	0.54	0.11	0.58	0.37	0.78
Cash And Short Term Investments	0.39	0.62	0.51	0.73	0.7	0.63	0.46	0.13	0.5	0.36	0.97	0.43	0.34		0.73	0.51	0.38	0.24	-0.56	0.61	0.19	0.93	-0.42	0.45	0.23	0.47
Net Receivables	0.48	0.86	0.7	0.76	0.84	0.88	0.79	0.49	0.88	0.7	0.67	0.76	0.58	0.73		0.71	0.75	0.34	-0.7	0.83	0.41	0.91	-0.17	0.65	0.33	0.64
Non Current Liabilities Total	0.56	0.87	1.0	0.49	0.72	0.84	0.86	0.91	0.83	0.77	0.48	0.86	0.95	0.51	0.71		0.81	0.55	-0.56	0.87	0.76	0.7	0.1	0.64	0.35	0.85
Inventory	0.6	0.93	0.82	0.52	0.76	0.91	0.96	0.78	0.89	0.96	0.34	0.96	0.78	0.38	0.75	0.81		0.26	-0.53	0.94	0.41	0.66	0.31	0.83	0.64	0.5
Other Current Assets	0.52	0.36	0.52	0.02	0.24	0.42	0.33	0.49	0.32	0.3	0.21	0.33	0.52	0.24	0.34	0.55	0.26		0.03	0.31	0.74	0.36	-0.17	0.36	-0.18	0.75
Other Stockholder Equity	0.04	-0.67	-0.58	-0.64	-0.66	-0.65	-0.63	-0.4	-0.74	-0.41	-0.57	-0.61	-0.49	-0.56	-0.7	-0.56	-0.53	0.03		-0.67	-0.13	-0.64	0.27	-0.2	-0.48	-0.36
Total Liab	0.52	0.99	0.89	0.65	0.86	0.96	0.98	0.76	0.94	0.88	0.56	0.97	0.81	0.61	0.83	0.87	0.94	0.31	-0.67		0.46	0.82	0.13	0.76	0.58	0.61
Property Plant And Equipment Gross	0.47	0.47	0.73	0.17	0.39	0.47	0.49	0.76	0.5	0.39	0.13	0.48	0.77	0.19	0.41	0.76	0.41	0.74	-0.13	0.46		0.34	-0.08	0.34	-0.25	0.9
Total Current Assets	0.53	0.84	0.69	0.77	0.83	0.85	0.72	0.38	0.75	0.63	0.89	0.69	0.54	0.93	0.91	0.7	0.66	0.36	-0.64	0.82	0.34		-0.27	0.66	0.36	0.6
Short Term Debt	0.01	0.08	0.11	-0.13	-0.07	0.0	0.18	0.32	0.08	0.31	-0.41	0.22	0.11	-0.42	-0.17	0.1	0.31	-0.17	0.27	0.13	-0.08	-0.27		0.16	0.36	-0.12
Common Stock Total Equity	0.91	0.77	0.63	0.43	0.65	0.78	0.74	0.56	0.65	0.9	0.36	0.75	0.58	0.45	0.65	0.64	0.83	0.36	-0.2	0.76	0.34	0.66	0.16		0.49	0.38
Common Stock	0.2	0.59	0.39	0.38	0.47	0.59	0.61	0.34	0.51	0.64	0.25	0.63	0.37	0.23	0.33	0.35	0.64	-0.18	-0.48	0.58	-0.25	0.36	0.36	0.49		-0.1
Other Liab	0.44	0.62	0.81	0.34	0.51	0.63	0.59	0.71	0.63	0.47	0.44	0.57	0.78	0.47	0.64	0.85	0.5	0.75	-0.36	0.61	0.9	0.6	-0.12	0.38	-0.1

Click cells to compare fundamentals

Southern Copper Account Relationship Matchups

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:

How To Invest In Southern

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Is Southern Stock a good investment?

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What is Southern Copper's Net Worth?

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Largest Metals & Mining Companies

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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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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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.

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Southern Net Tangible Assets vs Retained Earnings Analysis

Net Tangible Assets vs Retained Earnings

Net Tangible Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Net Tangible Assets

Retained Earnings

Southern Copper fundamental ratios Correlations

Southern Copper Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Southern Copper fundamental ratios Accounts

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Complementary Tools for Southern Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.98	Total Assets
Total Liab	+ 0.98	Property Plant And Equipment Net

Other Stockholder Equity	- 0.74	Retained Earnings
Other Stockholder Equity	- 0.7	Net Receivables
Total Liab	- 0.67	Other Stockholder Equity
Other Stockholder Equity	- 0.67	Total Assets
Other Stockholder Equity	- 0.66	Total Current Liabilities
Other Stockholder Equity	- 0.65	Total Stockholder Equity