Pan Long Term Investments vs Total Assets Analysis

PAAS Stock  USD 22.91  0.49  2.19%   
Pan American financial indicator trend analysis is much more than just breaking down Pan American Silver prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pan American Silver is a good investment. Please check the relationship between Pan American Long Term Investments and its Total Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Long Term Investments vs Total Assets

Long Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pan American Silver Long Term Investments account and Total Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pan American's Long Term Investments and Total Assets is -0.08. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Assets in the same time period over historical financial statements of Pan American Silver, assuming nothing else is changed. The correlation between historical values of Pan American's Long Term Investments and Total Assets 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 Investments of Pan American Silver are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Investments i.e., Pan American's Long Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Long Term Investments

Long Term Investments is an item on the asset side of Pan American balance sheet that represents investments Pan American Silver intends to hold for over a year. Pan American Silver long term investments may include different instruments such as stocks, bonds, real estate and cash.

Total Assets

Total assets refers to the total amount of Pan American 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 Pan American Silver 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.
Most indicators from Pan American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pan American Silver 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Pan American's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 64.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 133 K in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.3B1.4B2.0B2.1B
Other Operating Expenses1.3B1.6B2.2B2.3B

Pan American fundamental ratios Correlations

0.950.820.960.940.940.72-0.670.710.660.940.90.420.90.920.970.9-0.20.940.91-0.230.840.870.80.830.83
0.950.870.960.991.00.74-0.460.620.81.00.940.560.810.970.950.93-0.10.980.95-0.150.920.750.770.790.91
0.820.870.910.870.850.59-0.360.260.670.860.860.430.680.820.920.75-0.190.850.85-0.190.740.680.750.820.71
0.960.960.910.940.960.74-0.570.560.690.960.950.420.810.930.990.93-0.090.960.91-0.270.870.860.880.890.85
0.940.990.870.940.980.67-0.390.60.840.990.920.630.820.940.940.92-0.090.960.97-0.070.870.730.730.770.86
0.941.00.850.960.980.78-0.480.640.781.00.940.520.780.990.950.94-0.110.990.92-0.20.940.750.770.790.93
0.720.740.590.740.670.78-0.640.670.310.770.810.020.550.860.710.71-0.160.840.53-0.450.920.650.750.680.92
-0.67-0.46-0.36-0.57-0.39-0.48-0.64-0.66-0.02-0.48-0.460.29-0.55-0.54-0.59-0.450.47-0.55-0.320.62-0.52-0.72-0.57-0.51-0.52
0.710.620.260.560.60.640.67-0.660.350.630.580.220.760.660.570.6-0.160.650.56-0.110.680.570.440.420.68
0.660.80.670.690.840.780.31-0.020.350.780.650.870.560.720.680.730.130.720.870.160.650.360.370.40.64
0.941.00.860.960.991.00.77-0.480.630.780.940.520.790.980.950.93-0.120.990.93-0.20.930.760.780.80.93
0.90.940.860.950.920.940.81-0.460.580.650.940.410.780.930.930.89-0.030.950.87-0.20.910.790.880.90.89
0.420.560.430.420.630.520.020.290.220.870.520.410.460.430.40.470.350.430.740.620.370.040.060.130.35
0.90.810.680.810.820.780.55-0.550.760.560.790.780.460.740.840.71-0.160.770.860.030.670.730.630.690.65
0.920.970.820.930.940.990.86-0.540.660.720.980.930.430.740.920.91-0.131.00.86-0.290.980.740.780.770.98
0.970.950.920.990.940.950.71-0.590.570.680.950.930.40.840.920.88-0.210.950.91-0.280.840.860.850.890.83
0.90.930.750.930.920.940.71-0.450.60.730.930.890.470.710.910.880.110.930.85-0.220.860.810.830.80.86
-0.2-0.1-0.19-0.09-0.09-0.11-0.160.47-0.160.13-0.12-0.030.35-0.16-0.13-0.210.11-0.12-0.010.49-0.07-0.19-0.01-0.12-0.08
0.940.980.850.960.960.990.84-0.550.650.720.990.950.430.771.00.950.93-0.120.88-0.290.960.780.810.810.96
0.910.950.850.910.970.920.53-0.320.560.870.930.870.740.860.860.910.85-0.010.880.090.780.660.640.70.76
-0.23-0.15-0.19-0.27-0.07-0.2-0.450.62-0.110.16-0.2-0.20.620.03-0.29-0.28-0.220.49-0.290.09-0.3-0.5-0.48-0.37-0.32
0.840.920.740.870.870.940.92-0.520.680.650.930.910.370.670.980.840.86-0.070.960.78-0.30.660.750.711.0
0.870.750.680.860.730.750.65-0.720.570.360.760.790.040.730.740.860.81-0.190.780.66-0.50.660.930.920.66
0.80.770.750.880.730.770.75-0.570.440.370.780.880.060.630.780.850.83-0.010.810.64-0.480.750.930.970.74
0.830.790.820.890.770.790.68-0.510.420.40.80.90.130.690.770.890.8-0.120.810.7-0.370.710.920.970.7
0.830.910.710.850.860.930.92-0.520.680.640.930.890.350.650.980.830.86-0.080.960.76-0.321.00.660.740.7
Click cells to compare fundamentals

Pan American Account Relationship Matchups

Pan American fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding201.6M210.3M210.4M210.5M326.5M342.9M
Total Assets3.5B3.4B3.5B3.2B7.2B7.6B
Other Current Liab32.1M181.9M208.1M218.4M301M316.1M
Total Current Liabilities271.7M361.8M387.7M380.8M624.2M655.4M
Total Stockholder Equity2.5B2.6B2.6B2.2B4.8B5.0B
Property Plant And Equipment Net2.5B2.4B2.3B2.2B5.7B6.0B
Net Debt195.6M(133.5M)(237.7M)119.8M402M422.1M
Retained Earnings(754.7M)(623.0M)(598.0M)(1.0B)(1.3B)(1.2B)
Accounts Payable225.3M80.3M77.5M88.8M198.2M208.1M
Cash120.6M167.1M283.6M107.0M399.6M419.6M
Non Current Assets Total2.7B2.6B2.5B2.4B5.8B6.1B
Non Currrent Assets Other42.1M28.4M35.5M35.9M67.6M71.0M
Cash And Short Term Investments238.3M279.1M335.3M142.3M440.9M462.9M
Net Receivables186.0M149.8M148.4M176.6M200.9M210.9M
Liabilities And Stockholders Equity3.5B3.4B3.5B3.2B7.2B7.6B
Non Current Liabilities Total722.2M466.3M494.9M666.0M1.8B1.9B
Inventory346.5M406.2M500.5M471.6M711.6M747.2M
Other Current Assets16.8M21.9M17.0M13.9M36.6M38.4M
Other Stockholder Equity94.3M93.4M126.4K93.3M94M89.3M
Total Liab993.8M828.0M882.6M1.0B2.4B2.6B
Total Current Assets788.9M856.9M1.0B804.4M1.4B1.5B
Accumulated Other Comprehensive Income(2.7B)93.4M93.2M(3.0M)(30.3M)(31.8M)
Short Term Investments117.8M111.9M51.7M35.3M41.3M39.2M
Short Long Term Debt Total316.2M33.6M45.9M226.8M801.6M841.7M
Other Liab399.4M424.8M442.3M445.7M512.6M538.2M
Other Assets80.5M87.6M91.4M91.7M105.5M110.8M
Short Term Debt14.2M12.8M10.7M27.3M52.4M55.0M
Common Stock3.1B3.1B3.1B3.1B6.0B6.3B
Property Plant Equipment2.5B2.4B2.3B2.2B2.6B2.7B
Common Stock Total Equity2.3B2.3B3.1B3.1B3.6B2.7B
Net Tangible Assets2.5B2.6B2.6B2.2B2.5B2.1B
Long Term Investments70.6M84.3M71.6M78.7M123.3M0.0

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