AU Stock | | | USD 25.87 0.67 2.66% |
AngloGold Ashanti financial indicator trend analysis is way more than just evaluating AngloGold Ashanti plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AngloGold Ashanti plc is a good investment. Please check the relationship between AngloGold Ashanti Long Term Debt and its Long Term Debt Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AngloGold Ashanti plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
Long Term Debt vs Long Term Debt Total
Long Term Debt vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AngloGold Ashanti plc Long Term Debt account and
Long Term Debt Total. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AngloGold Ashanti's Long Term Debt and Long Term Debt Total is 0.52. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of AngloGold Ashanti plc, assuming nothing else is changed. The correlation between historical values of AngloGold Ashanti's Long Term Debt and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of AngloGold Ashanti plc are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Long Term Debt i.e., AngloGold Ashanti's Long Term Debt and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that AngloGold Ashanti plc has held for over one year. Long-term debt appears on AngloGold Ashanti plc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on AngloGold Ashanti plc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Long Term Debt Total
Most indicators from AngloGold Ashanti's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AngloGold Ashanti plc 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 AngloGold Ashanti plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in employment.
At this time, AngloGold Ashanti's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 6.6
M in 2024, whereas
Enterprise Value is likely to drop slightly above 7.7
B in 2024.
AngloGold Ashanti fundamental ratios Correlations
Click cells to compare fundamentals
AngloGold Ashanti Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AngloGold Ashanti fundamental ratios Accounts
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Additional Tools for AngloGold Stock Analysis
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