Southern Other Current Liab vs Common Stock Shares Outstanding Analysis

0L8B Stock   98.55  2.71  2.68%   
Southern Copper financial indicator trend analysis is much more than just breaking down Southern Copper Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Copper Corp is a good investment. Please check the relationship between Southern Copper Other Current Liab and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Southern Copper Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Southern Stock please use our How to Invest in Southern Copper guide.

Other Current Liab vs Common Stock Shares Outstanding

Other Current Liab vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Copper Corp Other Current Liab account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Southern Copper's Other Current Liab and Common Stock Shares Outstanding is -0.18. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Southern Copper Corp, assuming nothing else is changed. The correlation between historical values of Southern Copper's Other Current Liab and Common Stock Shares Outstanding 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 Liab of Southern Copper Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Current Liab i.e., Southern Copper's Other Current Liab and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.18
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Southern Copper Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Southern Stock please use our How to Invest in Southern Copper guide.Selling General Administrative is likely to drop to about 161.3 M in 2024. Tax Provision is likely to drop to about 979.2 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue10.9B10.0B9.9B5.1B
Interest Expense357.1M340.1M326.7M197.1M

Southern Copper fundamental ratios Correlations

0.510.51-0.180.450.540.460.440.370.70.320.460.480.390.40.530.570.54-0.30.480.510.130.33-0.56-0.230.37
0.510.880.10.870.990.980.740.950.890.570.970.830.620.860.870.930.30.130.990.840.510.59-0.70.370.15
0.510.880.180.740.840.880.920.840.770.480.870.950.510.71.00.820.440.20.890.690.490.39-0.740.360.29
-0.180.10.180.20.040.130.250.230.06-0.120.130.15-0.090.230.150.15-0.13-0.330.140.020.07-0.170.130.190.12
0.450.870.740.20.870.820.560.860.690.630.80.690.70.830.720.760.170.020.860.830.420.47-0.520.620.28
0.540.990.840.040.870.960.70.940.880.580.950.810.630.870.840.910.370.120.960.850.440.59-0.720.360.17
0.460.980.880.130.820.960.810.950.90.421.00.870.460.790.860.960.250.090.980.720.610.61-0.690.310.11
0.440.740.920.250.560.70.810.770.750.090.820.940.130.510.910.780.370.050.760.380.60.34-0.660.180.32
0.370.950.840.230.860.940.950.770.820.430.940.80.50.90.830.890.230.110.940.750.50.51-0.520.440.21
0.70.890.770.060.690.880.90.750.820.280.910.780.350.690.770.960.29-0.180.880.630.610.64-0.690.030.16
0.320.570.48-0.120.630.580.420.090.430.280.390.320.970.650.480.340.270.380.560.89-0.10.25-0.410.490.0
0.460.970.870.130.80.951.00.820.940.910.390.870.430.760.860.960.240.080.970.690.640.63-0.710.30.11
0.480.830.950.150.690.810.870.940.80.780.320.870.350.590.950.80.380.120.830.550.580.43-0.810.290.27
0.390.620.51-0.090.70.630.460.130.50.350.970.430.350.710.510.380.30.30.610.93-0.110.23-0.40.530.2
0.40.860.70.230.830.870.790.510.90.690.650.760.590.710.710.740.310.10.830.890.170.32-0.380.450.24
0.530.871.00.150.720.840.860.910.830.770.480.860.950.510.710.810.480.220.870.70.450.35-0.750.340.31
0.570.930.820.150.760.910.960.780.890.960.340.960.80.380.740.810.22-0.050.940.660.670.64-0.650.130.03
0.540.30.44-0.130.170.370.250.370.230.290.270.240.380.30.310.480.220.250.250.38-0.24-0.22-0.52-0.10.38
-0.30.130.2-0.330.020.120.090.050.11-0.180.380.080.120.30.10.22-0.050.250.130.22-0.08-0.13-0.120.35-0.15
0.480.990.890.140.860.960.980.760.940.880.560.970.830.610.830.870.940.250.130.820.550.58-0.680.380.14
0.510.840.690.020.830.850.720.380.750.630.890.690.550.930.890.70.660.380.220.820.090.36-0.530.470.21
0.130.510.490.070.420.440.610.60.50.61-0.10.640.58-0.110.170.450.67-0.24-0.080.550.090.68-0.390.16-0.21
0.330.590.39-0.170.470.590.610.340.510.640.250.630.430.230.320.350.64-0.22-0.130.580.360.68-0.470.09-0.31
-0.56-0.7-0.740.13-0.52-0.72-0.69-0.66-0.52-0.69-0.41-0.71-0.81-0.4-0.38-0.75-0.65-0.52-0.12-0.68-0.53-0.39-0.47-0.13-0.06
-0.230.370.360.190.620.360.310.180.440.030.490.30.290.530.450.340.13-0.10.350.380.470.160.09-0.130.26
0.370.150.290.120.280.170.110.320.210.160.00.110.270.20.240.310.030.38-0.150.140.21-0.21-0.31-0.060.26
Click cells to compare fundamentals

Southern Copper Account Relationship Matchups

Southern Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.4B16.7B18.3B17.3B16.7B9.2B
Short Long Term Debt Total7.9B7.5B7.4B7.1B7.0B7.4B
Other Current Liab293.5M318.2M451.9M285.4M301.6M316.7M
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 Payable598.3M594.6M591.9M657.6M652.6M402.1M
Cash1.9B2.2B3.0B2.1B1.2B1.1B
Non Current Assets Total12.2B11.9B12.2B12.1B12.3B6.6B
Non Currrent Assets Other1.4B1.2B1.2B1.2B1.2B1.3B
Cash And Short Term Investments2.0B2.6B3.5B2.3B1.8B1.2B
Net Receivables911.8M1.1B1.4B1.5B1.2B617.7M
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 Equity376M378M380.1M382.1M383.8M403.0M
Total Liab9.5B9.4B10.1B9.1B9.2B4.7B
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
Intangible Assets19.8M15.9M13.8M13.2M11.3M10.7M
Short Term Investments213.8M80.7M410.8M486.9M599.3M629.3M
Other Assets1.5B1.4B1.0(20M)(18M)(17.1M)
Long Term Debt6.0B6.0B6.5B6.5B7.5B6.8B
Capital Surpluse3.4B3.4B3.4B3.4B4.0B3.7B
Treasury Stock(3.0B)(3.0B)(3.0B)(3.1B)(2.8B)(2.9B)
Property Plant Equipment10.4B10.4B10.4B10.4B12.0B10.8B
Other Liab553.9M833.1M749.5M869.5M999.9M735.1M
Net Tangible Assets6.7B7.1B8.0B7.9B9.1B7.7B

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