Southern Other Current Assets vs Net Tangible Assets 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 Other Current Assets and its Net Tangible Assets 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.

Other Current Assets vs Net Tangible Assets

Other Current Assets vs Net Tangible Assets Correlation Analysis

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

The correlation between Southern Copper's Other Current Assets and Net Tangible Assets is 0.58. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Tangible Assets 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 Other Current Assets and Net Tangible Assets 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 Current Assets of Southern Copper are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Current Assets i.e., Southern Copper's Other Current Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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.

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 27th 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

Currently Active Assets on Macroaxis

GM	General Motors
S	SentinelOne
MSFT	Microsoft
C	Citigroup
F	Ford Motor

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

Details

Is Southern Stock a good investment?

Details

What is Southern Copper's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

View

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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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.

	Transaction History View history of all your transactions and understand their impact on performance
	Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
	Bonds Directory Find actively traded corporate debentures issued by US companies
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments
	FinTech Suite Use AI to screen and filter profitable investment opportunities

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

(0.51)

Dividend Share

Earnings Share

3.13

Revenue Per Share

12.8

Quarterly Revenue Growth

(0.19)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Southern Other Current Assets vs Net Tangible Assets Analysis

Other Current Assets vs Net Tangible Assets

Other Current Assets vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Other Current Assets

Net Tangible Assets

Southern Copper fundamental ratios Correlations

Southern Copper Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Southern Copper fundamental ratios Accounts

Currently Active Assets on Macroaxis

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