AngloGold Long Term Debt vs Net Invested Capital Analysis

AU Stock

USD 25.20 0.75 2.89%

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 Net Invested Capital 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 Net Invested Capital

Long Term Debt vs Net Invested Capital 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 Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between AngloGold Ashanti's Long Term Debt and Net Invested Capital is -0.16. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Invested Capital 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 Net Invested Capital 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 Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Long Term Debt i.e., AngloGold Ashanti's Long Term Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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.

	2021	2022	2023	2024 (projected)
Interest Expense	110M	141M	151M	219.0M
Depreciation And Amortization	477.0M	637M	601M	604.3M

Interest Expense Depreciation And Amortization

AngloGold Ashanti fundamental ratios Correlations

	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	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Long Term Debt	Good Will
Total Assets		0.84	0.62	0.72	0.89	0.94	0.6	-0.11	0.87	0.57	0.98	-0.48	0.57	0.45	0.76	0.63	0.97	0.26	0.16	0.93	0.86	0.45	-0.27	0.65	0.72	-0.5
Short Long Term Debt Total	0.84		0.57	0.63	0.54	0.75	0.9	-0.42	0.57	0.25	0.88	-0.3	0.24	0.17	0.69	0.8	0.87	0.34	0.42	0.96	0.62	0.41	-0.1	0.67	0.93	-0.47
Other Current Liab	0.62	0.57		0.81	0.5	0.6	0.55	-0.03	0.35	0.08	0.58	-0.87	0.08	0.09	0.37	0.03	0.6	0.45	0.37	0.63	0.44	0.82	0.12	0.51	0.34	-0.12
Total Current Liabilities	0.72	0.63	0.81		0.61	0.61	0.49	-0.15	0.55	0.32	0.65	-0.59	0.33	0.14	0.55	0.18	0.69	0.68	0.24	0.7	0.71	0.91	-0.17	0.42	0.33	-0.39
Total Stockholder Equity	0.89	0.54	0.5	0.61		0.84	0.18	0.16	0.87	0.8	0.82	-0.48	0.8	0.5	0.68	0.35	0.85	0.11	-0.08	0.67	0.91	0.36	-0.38	0.46	0.39	-0.44
Property Plant And Equipment Net	0.94	0.75	0.6	0.61	0.84		0.57	0.08	0.86	0.43	0.95	-0.57	0.43	0.54	0.59	0.55	0.91	0.09	-0.01	0.88	0.71	0.38	-0.12	0.6	0.68	-0.33
Net Debt	0.6	0.9	0.55	0.49	0.18	0.57		-0.53	0.31	-0.2	0.68	-0.25	-0.2	0.02	0.48	0.73	0.64	0.38	0.52	0.84	0.25	0.36	0.07	0.64	0.87	-0.31
Retained Earnings	-0.11	-0.42	-0.03	-0.15	0.16	0.08	-0.53		0.17	0.24	-0.18	-0.37	0.24	0.52	-0.6	-0.53	-0.12	-0.51	-0.63	-0.3	-0.01	0.01	0.56	-0.61	-0.35	0.72
Accounts Payable	0.87	0.57	0.35	0.55	0.87	0.86	0.31	0.17		0.6	0.84	-0.32	0.6	0.76	0.57	0.52	0.87	0.15	-0.09	0.72	0.82	0.27	-0.22	0.37	0.5	-0.29
Cash	0.57	0.25	0.08	0.32	0.8	0.43	-0.2	0.24	0.6		0.45	-0.13	1.0	0.32	0.48	0.18	0.54	-0.07	-0.21	0.29	0.83	0.13	-0.39	0.07	0.15	-0.37
Non Current Assets Total	0.98	0.88	0.58	0.65	0.82	0.95	0.68	-0.18	0.84	0.45		-0.43	0.45	0.43	0.76	0.72	0.96	0.22	0.2	0.96	0.77	0.37	-0.26	0.71	0.79	-0.51
Non Currrent Assets Other	-0.48	-0.3	-0.87	-0.59	-0.48	-0.57	-0.25	-0.37	-0.32	-0.13	-0.43		-0.13	-0.25	-0.07	0.23	-0.44	-0.05	-0.14	-0.41	-0.3	-0.68	-0.33	-0.29	-0.13	-0.2
Cash And Short Term Investments	0.57	0.24	0.08	0.33	0.8	0.43	-0.2	0.24	0.6	1.0	0.45	-0.13		0.31	0.48	0.18	0.54	-0.07	-0.21	0.29	0.84	0.13	-0.39	0.08	0.15	-0.37
Net Receivables	0.45	0.17	0.09	0.14	0.5	0.54	0.02	0.52	0.76	0.32	0.43	-0.25	0.31		0.04	0.23	0.47	-0.15	-0.18	0.32	0.4	0.05	0.2	-0.05	0.21	0.29
Common Stock Shares Outstanding	0.76	0.69	0.37	0.55	0.68	0.59	0.48	-0.6	0.57	0.48	0.76	-0.07	0.48	0.04		0.65	0.74	0.43	0.37	0.7	0.72	0.23	-0.76	0.82	0.52	-0.89
Non Current Liabilities Total	0.63	0.8	0.03	0.18	0.35	0.55	0.73	-0.53	0.52	0.18	0.72	0.23	0.18	0.23	0.65		0.67	0.16	0.3	0.76	0.44	-0.14	-0.29	0.57	0.88	-0.53
Inventory	0.97	0.87	0.6	0.69	0.85	0.91	0.64	-0.12	0.87	0.54	0.96	-0.44	0.54	0.47	0.74	0.67		0.27	0.21	0.92	0.85	0.42	-0.2	0.6	0.77	-0.44
Other Current Assets	0.26	0.34	0.45	0.68	0.11	0.09	0.38	-0.51	0.15	-0.07	0.22	-0.05	-0.07	-0.15	0.43	0.16	0.27		0.33	0.34	0.36	0.58	-0.31	0.3	0.1	-0.42
Other Stockholder Equity	0.16	0.42	0.37	0.24	-0.08	-0.01	0.52	-0.63	-0.09	-0.21	0.2	-0.14	-0.21	-0.18	0.37	0.3	0.21	0.33		0.33	0.02	0.24	-0.07	0.53	0.33	-0.22
Total Liab	0.93	0.96	0.63	0.7	0.67	0.88	0.84	-0.3	0.72	0.29	0.96	-0.41	0.29	0.32	0.7	0.76	0.92	0.34	0.33		0.69	0.46	-0.14	0.69	0.87	-0.47
Total Current Assets	0.86	0.62	0.44	0.71	0.91	0.71	0.25	-0.01	0.82	0.83	0.77	-0.3	0.84	0.4	0.72	0.44	0.85	0.36	0.02	0.69		0.45	-0.4	0.37	0.44	-0.52
Short Term Debt	0.45	0.41	0.82	0.91	0.36	0.38	0.36	0.01	0.27	0.13	0.37	-0.68	0.13	0.05	0.23	-0.14	0.42	0.58	0.24	0.46	0.45		0.1	0.2	0.11	-0.09
Intangible Assets	-0.27	-0.1	0.12	-0.17	-0.38	-0.12	0.07	0.56	-0.22	-0.39	-0.26	-0.33	-0.39	0.2	-0.76	-0.29	-0.2	-0.31	-0.07	-0.14	-0.4	0.1		-0.51	0.04	0.9
Other Liab	0.65	0.67	0.51	0.42	0.46	0.6	0.64	-0.61	0.37	0.07	0.71	-0.29	0.08	-0.05	0.82	0.57	0.6	0.3	0.53	0.69	0.37	0.2	-0.51		0.55	-0.69
Long Term Debt	0.72	0.93	0.34	0.33	0.39	0.68	0.87	-0.35	0.5	0.15	0.79	-0.13	0.15	0.21	0.52	0.88	0.77	0.1	0.33	0.87	0.44	0.11	0.04	0.55		-0.32
Good Will	-0.5	-0.47	-0.12	-0.39	-0.44	-0.33	-0.31	0.72	-0.29	-0.37	-0.51	-0.2	-0.37	0.29	-0.89	-0.53	-0.44	-0.42	-0.22	-0.47	-0.52	-0.09	0.9	-0.69	-0.32

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AngloGold Ashanti Account Relationship Matchups

AngloGold Ashanti fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.9B	7.7B	8.0B	8.0B	8.2B	8.1B
Short Long Term Debt Total	2.2B	2.0B	2.0B	2.1B	2.4B	2.1B
Other Current Liab	610M	224M	270.0M	357M	244M	231.8M
Total Current Liabilities	1.7B	959M	827M	884M	1.2B	1.1B
Total Stockholder Equity	2.6B	3.7B	4.0B	4.0B	3.7B	3.1B
Property Plant And Equipment Net	2.8B	3.1B	3.7B	4.4B	4.6B	4.7B
Net Debt	1.7B	717M	879M	992M	1.5B	1.5B
Retained Earnings	(3.3B)	(2.3B)	(1.9B)	(1.8B)	(2.1B)	(2.3B)
Accounts Payable	365M	403M	406M	391M	464M	413.2M
Cash	456M	1.3B	1.2B	1.1B	964M	615.6M
Non Current Assets Total	4.9B	5.4B	5.9B	5.9B	6.0B	6.3B
Non Currrent Assets Other	246M	335M	296.0M	281M	683M	717.2M
Cash And Short Term Investments	466M	1.3B	1.2B	1.1B	964M	626.7M
Net Receivables	47M	56M	50M	20M	25M	23.8M
Common Stock Shares Outstanding	418.3M	419.5M	420.1M	420.9M	421.1M	362.3M
Liabilities And Stockholders Equity	6.9B	7.7B	8.0B	8.0B	8.2B	8.1B
Non Current Liabilities Total	2.5B	3.0B	3.1B	3.1B	3.2B	3.3B
Inventory	632M	733M	703M	773M	829M	625.3M
Other Current Assets	207M	837M	215M	233M	244M	306.7M
Other Stockholder Equity	7.2B	9.5B	1.9B	(9M)	8M	7.6M
Total Liab	4.2B	3.9B	3.9B	3.9B	4.4B	4.9B
Total Current Assets	2.0B	2.3B	2.1B	2.1B	2.2B	1.8B
Short Term Debt	734M	179M	112M	91M	289M	239.0M
Accumulated Other Comprehensive Income	(1.3B)	(1.2B)	5.9B	5.8B	5.4B	5.7B
Other Liab	1.1B	1.1B	1.1B	1.0B	1.2B	1.1B
Long Term Debt	1.3B	1.8B	1.9B	2.0B	2.0B	2.0B
Property Plant Equipment	2.8B	3.0B	3.6B	4.4B	3.9B	3.6B
Short Term Investments	10M	9M	0.0	8M	7.2M	6.8M
Other Assets	351M	342M	(1M)	122M	109.8M	182.2M
Property Plant And Equipment Gross	2.8B	3.0B	3.6B	4.4B	12.2B	12.9B
Net Tangible Assets	2.5B	3.6B	3.9B	4.0B	4.6B	3.2B
Long Term Investments	1.7B	1.8B	1.8B	1.1B	600M	1.2B
Short Long Term Debt	139M	734M	142M	20M	216M	394.0M

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