Southern Historical Balance Sheet

SCCO Stock  USD 116.94  5.12  4.58%   
Trend analysis of Southern Copper balance sheet accounts such as Total Current Liabilities of 876.9 M, Total Stockholder Equity of 4.5 B, Property Plant And Equipment Net of 5.6 B or Net Debt of 6.2 B provides information on Southern Copper's total assets, liabilities, and equity, which is the actual value of Southern Copper to its prevalent stockholders. By breaking down trends over time using Southern Copper balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Southern Copper Inventory

602.55 Million

  
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 Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Southern Copper at a specified time, usually calculated after every quarter, six months, or one year. Southern Copper Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Southern Copper and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Southern currently owns. An asset can also be divided into two categories, current and non-current.

Southern Copper Balance Sheet Chart

Southern Copper Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Southern Copper uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Southern Copper's Property Plant And Equipment Gross is very stable compared to the past year. As of the 27th of April 2024, Other Liabilities is likely to grow to about 1 B, while Common Stock Shares Outstanding is likely to drop about 820.4 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Southern Copper assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Southern Copper books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most accounts from Southern Copper's balance sheet are interrelated and interconnected. However, analyzing balance sheet 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 balance sheet 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 Property Plant And Equipment Gross is very stable compared to the past year. As of the 27th of April 2024, Other Liabilities is likely to grow to about 1 B, while Common Stock Shares Outstanding is likely to drop about 820.4 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total7.4B7.1B7.0B7.4B
Total Assets18.3B17.3B16.7B9.2B

Southern Copper balance sheet Correlations

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0.20.590.390.380.470.590.610.340.510.640.250.630.370.230.330.350.64-0.18-0.480.58-0.250.360.360.49-0.1
0.440.620.810.340.510.630.590.710.630.470.440.570.780.470.640.850.50.75-0.360.610.90.6-0.120.38-0.1
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Southern Copper Account Relationship Matchups

Southern Copper balance sheet Accounts

201920202021202220232024 (projected)
Total Assets16.4B16.7B18.3B17.3B16.7B9.2B
Short Long Term Debt Total7.9B7.5B7.4B7.1B7.0B7.4B
Other Current Liab478.4M699.9M1.4B500.8M457.6M323.0M
Total Current Liabilities1.5B1.4B2.3B1.2B1.4B876.9M
Total Stockholder Equity6.8B7.2B8.1B8.1B7.4B4.5B
Property Plant And Equipment Net10.4B10.2B10.4B10.4B10.6B5.6B
Net Debt6.0B5.3B4.4B5.0B5.9B6.2B
Retained Earnings6.4B6.8B7.8B7.7B7.0B3.9B
Accounts Payable598.3M604.2M591.9M657.6M652.6M398.1M
Cash1.9B2.2B3.0B2.1B1.2B1.1B
Non Current Assets Total12.2B11.9B12.2B12.1B12.3B6.6B
Non Currrent Assets Other1.4B1.2B1.2B1.2B1.3B1.4B
Cash And Short Term Investments2.0B2.6B3.5B2.3B1.8B1.2B
Net Receivables911.8M1.1B1.4B1.5B1.2B629.2M
Liabilities And Stockholders Equity16.4B16.7B18.3B17.3B16.7B9.2B
Non Current Liabilities Total8.1B8.0B7.8B7.9B7.9B8.2B
Inventory1.1B950.2M972.9M1.0B1.0B602.5M
Other Current Assets198.6M134M231.2M422M433.5M455.2M
Other Stockholder Equity(9.5B)(9.9B)(10.8B)(10.8B)383.8M403.0M
Total Liab9.5B9.4B10.1B9.1B9.2B4.7B
Property Plant And Equipment Gross10.4B10.4B10.4B10.4B20.7B21.7B
Total Current Assets4.2B4.8B6.1B5.2B4.4B2.7B
Accumulated Other Comprehensive Income6.4B6.8B7.8B7.7B(8M)(7.6M)
Common Stock3.4B3.5B3.5B3.5B8.8M8.4M
Other Liab553.9M563.8M749.5M869.5M999.9M1.0B
Other Assets1.5B12.0B1.6B(20M)(23M)(21.9M)
Long Term Debt6.5B6.5B6.2B6.3B6.3B3.7B
Treasury Stock(3.0B)(3.0B)(3.1B)(3.1B)(2.8B)(2.6B)
Property Plant Equipment10.4B10.6B10.4B10.4B12.0B6.5B
Intangible Assets19.8M15.9M13.8M13.2M11.3M10.7M
Short Term Investments213.8M80.7M410.8M486.9M599.3M629.3M
Net Tangible Assets6.7B7.1B8.0B7.9B9.1B6.3B
Noncontrolling Interest In Consolidated Entity41.7M45.4M51.2M58.6M67.4M70.8M
Retained Earnings Total Equity5.7B6.2B6.8B7.8B8.9B9.4B
Long Term Debt Total6.0B6.5B6.5B6.2B7.2B5.3B

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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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
(0.51)
Dividend Share
4
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.