Southern Total Assets vs Retained Earnings 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 Total Assets and its Retained Earnings 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.

Total Assets vs Retained Earnings

Total 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 Corp Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Southern Copper's Total Assets and Retained Earnings is 0.95. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings 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 Total 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 Total Assets of Southern Copper Corp 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 Total Assets i.e., Southern Copper's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.95

Relationship Direction	Positive
Relationship Strength	Very Strong

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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 Corp 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.

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 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 Total Assets vs Retained Earnings Analysis

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total 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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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