Anglo Income Tax Expense vs Total Revenue Analysis

AAZ Stock   95.50  0.50  0.53%   
Anglo Asian financial indicator trend analysis is way more than just evaluating Anglo Asian Mining prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anglo Asian Mining is a good investment. Please check the relationship between Anglo Asian Income Tax Expense and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Anglo Asian Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Income Tax Expense vs Total Revenue

Income Tax Expense vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anglo Asian Mining Income Tax Expense account and Total Revenue. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Anglo Asian's Income Tax Expense and Total Revenue is 0.52. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Anglo Asian Mining, assuming nothing else is changed. The correlation between historical values of Anglo Asian's Income Tax Expense and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Anglo Asian Mining are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Income Tax Expense i.e., Anglo Asian's Income Tax Expense and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Income Tax Expense

Total Revenue

Total revenue comprises all receipts Anglo Asian Mining generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Anglo Asian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anglo Asian Mining 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 Anglo Asian Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of November 27, 2024, Selling General Administrative is expected to decline to about 5.7 M. The current year's Tax Provision is expected to grow to about (7.3 M)
 2021 2022 2023 2024 (projected)
Total Revenue92.5M84.7M45.9M81.8M
Cost Of Revenue74.5M69.0M50.3M55.9M

Anglo Asian fundamental ratios Correlations

0.590.480.870.860.020.470.420.380.80.150.380.230.820.790.650.310.880.440.75-0.80.860.760.440.120.03
0.590.620.570.33-0.330.470.330.50.220.360.5-0.020.350.150.87-0.060.460.290.72-0.490.390.210.1-0.26-0.38
0.480.620.20.530.21-0.090.73-0.040.430.09-0.04-0.030.450.10.60.380.630.090.3-0.560.490.50.240.2-0.26
0.870.570.20.54-0.420.780.280.720.450.260.720.290.720.540.57-0.020.530.450.92-0.630.750.390.39-0.33-0.27
0.860.330.530.540.450.070.41-0.040.960.06-0.040.110.670.860.430.540.960.240.35-0.810.720.960.320.530.35
0.02-0.330.21-0.420.45-0.780.02-0.870.59-0.32-0.87-0.010.080.43-0.190.730.46-0.14-0.62-0.020.10.620.030.950.77
0.470.47-0.090.780.07-0.780.10.86-0.080.40.860.30.330.130.47-0.640.060.510.85-0.460.32-0.140.35-0.71-0.51
0.420.330.730.280.410.020.10.090.31-0.020.090.180.380.060.410.190.450.210.34-0.530.410.340.240.01-0.34
0.380.5-0.040.72-0.04-0.870.860.09-0.190.251.0-0.070.2-0.030.33-0.5-0.050.220.83-0.280.2-0.230.06-0.72-0.55
0.80.220.430.450.960.59-0.080.31-0.19-0.06-0.190.150.640.90.320.680.940.230.2-0.650.690.980.280.660.52
0.150.360.090.260.06-0.320.4-0.020.25-0.060.250.140.11-0.050.24-0.330.01-0.20.32-0.230.120.040.02-0.35-0.3
0.380.5-0.040.72-0.04-0.870.860.091.0-0.190.25-0.070.2-0.030.33-0.5-0.050.220.83-0.280.2-0.220.06-0.72-0.55
0.23-0.02-0.030.290.11-0.010.30.18-0.070.150.14-0.070.410.170.22-0.10.120.460.22-0.120.380.120.55-0.17-0.15
0.820.350.450.720.670.080.330.380.20.640.110.20.410.590.520.360.710.50.63-0.60.990.620.770.04-0.15
0.790.150.10.540.860.430.130.06-0.030.9-0.05-0.030.170.590.310.450.830.340.29-0.580.610.830.320.540.58
0.650.870.60.570.43-0.190.470.410.330.320.240.330.220.520.31-0.060.580.540.71-0.590.530.290.42-0.18-0.35
0.31-0.060.38-0.020.540.73-0.640.19-0.50.68-0.33-0.5-0.10.360.45-0.060.56-0.24-0.24-0.040.420.7-0.060.720.49
0.880.460.630.530.960.460.060.45-0.050.940.01-0.050.120.710.830.580.560.320.39-0.760.750.930.390.530.31
0.440.290.090.450.24-0.140.510.210.220.23-0.20.220.460.50.340.54-0.240.320.46-0.460.460.070.69-0.17-0.17
0.750.720.30.920.35-0.620.850.340.830.20.320.830.220.630.290.71-0.240.390.46-0.580.630.160.42-0.54-0.53
-0.8-0.49-0.56-0.63-0.81-0.02-0.46-0.53-0.28-0.65-0.23-0.28-0.12-0.6-0.58-0.59-0.04-0.76-0.46-0.58-0.63-0.65-0.46-0.090.09
0.860.390.490.750.720.10.320.410.20.690.120.20.380.990.610.530.420.750.460.63-0.630.670.70.07-0.12
0.760.210.50.390.960.62-0.140.34-0.230.980.04-0.220.120.620.830.290.70.930.070.16-0.650.670.250.680.49
0.440.10.240.390.320.030.350.240.060.280.020.060.550.770.320.42-0.060.390.690.42-0.460.70.25-0.07-0.23
0.12-0.260.2-0.330.530.95-0.710.01-0.720.66-0.35-0.72-0.170.040.54-0.180.720.53-0.17-0.54-0.090.070.68-0.070.86
0.03-0.38-0.26-0.270.350.77-0.51-0.34-0.550.52-0.3-0.55-0.15-0.150.58-0.350.490.31-0.17-0.530.09-0.120.49-0.230.86
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Anglo Asian Account Relationship Matchups

Anglo Asian fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets181.8M179.8M189.4M181.2M154.6M148.3M
Other Current Liab25.0M9.5M24.4M14.7M6.5M10.5M
Total Current Liabilities33.0M19.6M31.5M18.5M23.4M23.2M
Total Stockholder Equity109.1M122.0M118.4M113.5M84.8M89.9M
Property Plant And Equipment Net93.2M92.4M92.1M96.8M90.7M79.9M
Net Debt(17.4M)(36.9M)(34.2M)(17.7M)18.7M19.7M
Retained Earnings60.8M73.7M70.2M65.2M36.4M38.2M
Accounts Payable2.5M3.4M3.6M3.3M2.7M3.1M
Cash22.9M38.8M37.5M20.4M4.5M4.3M
Non Current Assets Total93.4M92.5M95.1M102.2M95.2M100.8M
Non Currrent Assets Other98.6M93.4M3.0M5.2M1.2M1.2M
Cash And Short Term Investments22.9M39.0M37.5M20.4M4.5M4.3M
Net Receivables1.0M1.5M1.3M2.7M3.7M3.9M
Common Stock Shares Outstanding113.3M114.0M114.4M114.3M131.5M115.9M
Liabilities And Stockholders Equity181.8M179.8M189.4M181.2M154.6M148.3M
Non Current Liabilities Total39.8M38.3M39.5M49.2M46.5M35.2M
Other Current Assets21.7M6.8M20.0M18.3M14.7M10.3M
Total Liab72.8M57.8M71.0M67.7M69.8M58.4M
Property Plant And Equipment Gross93.2M92.4M326.4M348.0M326.7M343.1M
Total Current Assets88.5M87.3M94.3M78.9M59.5M47.5M
Intangible Assets133K99K69K209K3.3M3.1M
Property Plant Equipment81.2M73.4M68.5M61.8M71.0M65.6M
Accumulated Other Comprehensive Income(159.1M)(182.0M)(201.1M)(217.6M)(195.8M)(186.1M)
Short Long Term Debt Total5.4M1.9M3.3M2.7M23.2M19.4M
Other Liab32.0M37.1M36.8M36.6M42.1M21.2M
Other Assets875K436K67K569K512.1K486.5K
Inventory43.9M41.5M36.9M40.2M40.3M35.5M
Short Term Debt2.7M465K403K419K14.2M8.5M
Net Tangible Assets81.4M89.1M98.0M88.1M101.3M84.7M
Short Long Term Debt20.1M6.8M1.7M0.013.6M12.7M
Net Invested Capital110.7M122.0M118.4M113.5M105.5M123.0M
Net Working Capital55.5M67.8M62.8M60.5M36.1M51.7M

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Other Information on Investing in Anglo Stock

Balance Sheet is a snapshot of the financial position of Anglo Asian Mining at a specified time, usually calculated after every quarter, six months, or one year. Anglo Asian Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anglo Asian 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 Anglo currently owns. An asset can also be divided into two categories, current and non-current.