Southern Property Plant Equipment vs Depreciation And Amortization 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 Property Plant Equipment and its Depreciation And Amortization 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.

Property Plant Equipment vs Depreciation And Amortization

Property Plant Equipment vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Copper Corp Property Plant Equipment account and Depreciation And Amortization. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Southern Copper's Property Plant Equipment and Depreciation And Amortization is 0.58. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Depreciation And Amortization 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 Property Plant Equipment and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Southern Copper Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Property Plant Equipment i.e., Southern Copper's Property Plant Equipment and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

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Property Plant Equipment

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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 Revenue	10.9B	10.0B	9.9B	5.1B
Interest Expense	357.1M	340.1M	326.7M	197.1M

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	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Current Deferred Revenue	Short Term Investments
Common Stock Shares Outstanding		0.51	0.51	-0.18	0.45	0.54	0.46	0.44	0.37	0.7	0.32	0.46	0.48	0.39	0.4	0.53	0.57	0.54	-0.3	0.48	0.51	0.13	0.33	-0.56	-0.23	0.37
Total Assets	0.51		0.88	0.1	0.87	0.99	0.98	0.74	0.95	0.89	0.57	0.97	0.83	0.62	0.86	0.87	0.93	0.3	0.13	0.99	0.84	0.51	0.59	-0.7	0.37	0.15
Short Long Term Debt Total	0.51	0.88		0.18	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	0.44	0.2	0.89	0.69	0.49	0.39	-0.74	0.36	0.29
Other Current Liab	-0.18	0.1	0.18		0.2	0.04	0.13	0.25	0.23	0.06	-0.12	0.13	0.15	-0.09	0.23	0.15	0.15	-0.13	-0.33	0.14	0.02	0.07	-0.17	0.13	0.19	0.12
Total Current Liabilities	0.45	0.87	0.74	0.2		0.87	0.82	0.56	0.86	0.69	0.63	0.8	0.69	0.7	0.83	0.72	0.76	0.17	0.02	0.86	0.83	0.42	0.47	-0.52	0.62	0.28
Total Stockholder Equity	0.54	0.99	0.84	0.04	0.87		0.96	0.7	0.94	0.88	0.58	0.95	0.81	0.63	0.87	0.84	0.91	0.37	0.12	0.96	0.85	0.44	0.59	-0.72	0.36	0.17
Property Plant And Equipment Net	0.46	0.98	0.88	0.13	0.82	0.96		0.81	0.95	0.9	0.42	1.0	0.87	0.46	0.79	0.86	0.96	0.25	0.09	0.98	0.72	0.61	0.61	-0.69	0.31	0.11
Net Debt	0.44	0.74	0.92	0.25	0.56	0.7	0.81		0.77	0.75	0.09	0.82	0.94	0.13	0.51	0.91	0.78	0.37	0.05	0.76	0.38	0.6	0.34	-0.66	0.18	0.32
Retained Earnings	0.37	0.95	0.84	0.23	0.86	0.94	0.95	0.77		0.82	0.43	0.94	0.8	0.5	0.9	0.83	0.89	0.23	0.11	0.94	0.75	0.5	0.51	-0.52	0.44	0.21
Accounts Payable	0.7	0.89	0.77	0.06	0.69	0.88	0.9	0.75	0.82		0.28	0.91	0.78	0.35	0.69	0.77	0.96	0.29	-0.18	0.88	0.63	0.61	0.64	-0.69	0.03	0.16
Cash	0.32	0.57	0.48	-0.12	0.63	0.58	0.42	0.09	0.43	0.28		0.39	0.32	0.97	0.65	0.48	0.34	0.27	0.38	0.56	0.89	-0.1	0.25	-0.41	0.49	0.0
Non Current Assets Total	0.46	0.97	0.87	0.13	0.8	0.95	1.0	0.82	0.94	0.91	0.39		0.87	0.43	0.76	0.86	0.96	0.24	0.08	0.97	0.69	0.64	0.63	-0.71	0.3	0.11
Non Currrent Assets Other	0.48	0.83	0.95	0.15	0.69	0.81	0.87	0.94	0.8	0.78	0.32	0.87		0.35	0.59	0.95	0.8	0.38	0.12	0.83	0.55	0.58	0.43	-0.81	0.29	0.27
Cash And Short Term Investments	0.39	0.62	0.51	-0.09	0.7	0.63	0.46	0.13	0.5	0.35	0.97	0.43	0.35		0.71	0.51	0.38	0.3	0.3	0.61	0.93	-0.11	0.23	-0.4	0.53	0.2
Net Receivables	0.4	0.86	0.7	0.23	0.83	0.87	0.79	0.51	0.9	0.69	0.65	0.76	0.59	0.71		0.71	0.74	0.31	0.1	0.83	0.89	0.17	0.32	-0.38	0.45	0.24
Non Current Liabilities Total	0.53	0.87	1.0	0.15	0.72	0.84	0.86	0.91	0.83	0.77	0.48	0.86	0.95	0.51	0.71		0.81	0.48	0.22	0.87	0.7	0.45	0.35	-0.75	0.34	0.31
Inventory	0.57	0.93	0.82	0.15	0.76	0.91	0.96	0.78	0.89	0.96	0.34	0.96	0.8	0.38	0.74	0.81		0.22	-0.05	0.94	0.66	0.67	0.64	-0.65	0.13	0.03
Other Current Assets	0.54	0.3	0.44	-0.13	0.17	0.37	0.25	0.37	0.23	0.29	0.27	0.24	0.38	0.3	0.31	0.48	0.22		0.25	0.25	0.38	-0.24	-0.22	-0.52	-0.1	0.38
Other Stockholder Equity	-0.3	0.13	0.2	-0.33	0.02	0.12	0.09	0.05	0.11	-0.18	0.38	0.08	0.12	0.3	0.1	0.22	-0.05	0.25		0.13	0.22	-0.08	-0.13	-0.12	0.35	-0.15
Total Liab	0.48	0.99	0.89	0.14	0.86	0.96	0.98	0.76	0.94	0.88	0.56	0.97	0.83	0.61	0.83	0.87	0.94	0.25	0.13		0.82	0.55	0.58	-0.68	0.38	0.14
Total Current Assets	0.51	0.84	0.69	0.02	0.83	0.85	0.72	0.38	0.75	0.63	0.89	0.69	0.55	0.93	0.89	0.7	0.66	0.38	0.22	0.82		0.09	0.36	-0.53	0.47	0.21
Short Term Debt	0.13	0.51	0.49	0.07	0.42	0.44	0.61	0.6	0.5	0.61	-0.1	0.64	0.58	-0.11	0.17	0.45	0.67	-0.24	-0.08	0.55	0.09		0.68	-0.39	0.16	-0.21
Common Stock	0.33	0.59	0.39	-0.17	0.47	0.59	0.61	0.34	0.51	0.64	0.25	0.63	0.43	0.23	0.32	0.35	0.64	-0.22	-0.13	0.58	0.36	0.68		-0.47	0.09	-0.31
Intangible Assets	-0.56	-0.7	-0.74	0.13	-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
Current Deferred Revenue	-0.23	0.37	0.36	0.19	0.62	0.36	0.31	0.18	0.44	0.03	0.49	0.3	0.29	0.53	0.45	0.34	0.13	-0.1	0.35	0.38	0.47	0.16	0.09	-0.13		0.26
Short Term Investments	0.37	0.15	0.29	0.12	0.28	0.17	0.11	0.32	0.21	0.16	0.0	0.11	0.27	0.2	0.24	0.31	0.03	0.38	-0.15	0.14	0.21	-0.21	-0.31	-0.06	0.26

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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	293.5M	318.2M	451.9M	285.4M	301.6M	316.7M
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	594.6M	591.9M	657.6M	652.6M	402.1M
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	1.2B	1.3B
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	617.7M
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	376M	378M	380.1M	382.1M	383.8M	403.0M
Total Liab	9.5B	9.4B	10.1B	9.1B	9.2B	4.7B
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
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
Other Assets	1.5B	1.4B	1.0	(20M)	(18M)	(17.1M)
Long Term Debt	6.0B	6.0B	6.5B	6.5B	7.5B	6.8B
Capital Surpluse	3.4B	3.4B	3.4B	3.4B	4.0B	3.7B
Treasury Stock	(3.0B)	(3.0B)	(3.0B)	(3.1B)	(2.8B)	(2.9B)
Property Plant Equipment	10.4B	10.4B	10.4B	10.4B	12.0B	10.8B
Other Liab	553.9M	833.1M	749.5M	869.5M	999.9M	735.1M
Net Tangible Assets	6.7B	7.1B	8.0B	7.9B	9.1B	7.7B

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Southern Property Plant Equipment vs Depreciation And Amortization Analysis

Property Plant Equipment vs Depreciation And Amortization

Property Plant Equipment vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Property Plant Equipment

Depreciation And Amortization

Southern Copper fundamental ratios Correlations

Southern Copper Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Southern Copper fundamental ratios Accounts

Also Currently Popular

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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

Intangible Assets	- 0.81	Non Currrent Assets Other
Intangible Assets	- 0.75	Non Current Liabilities Total
Intangible Assets	- 0.74	Short Long Term Debt Total
Intangible Assets	- 0.72	Total Stockholder Equity
Intangible Assets	- 0.71	Non Current Assets Total
Intangible Assets	- 0.7	Total Assets