AAL Stock | | | 2,334 4.50 0.19% |
Anglo American financial indicator trend analysis is way more than just evaluating Anglo American PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Anglo American PLC is a good investment. Please check the relationship between Anglo American Accounts Payable and its Property Plant And Equipment Gross accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Anglo American 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 bureau of economic analysis.
Accounts Payable vs Property Plant And Equipment Gross
Accounts Payable vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anglo American PLC Accounts Payable account and
Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Anglo American's Accounts Payable and Property Plant And Equipment Gross is 0.68. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Anglo American PLC, assuming nothing else is changed. The correlation between historical values of Anglo American's Accounts Payable and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Anglo American PLC are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Accounts Payable i.e., Anglo American's Accounts Payable and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Anglo American obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Anglo American PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Property Plant And Equipment Gross
Most indicators from Anglo American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Anglo American 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 Anglo American 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 bureau of economic analysis.
The current year's
Selling General Administrative is expected to grow to about 3.2
B. The current year's
Tax Provision is expected to grow to about 2.7
BAnglo American fundamental ratios Correlations
Click cells to compare fundamentals
Anglo American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Anglo American fundamental ratios Accounts
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Other Information on Investing in Anglo Stock
Balance Sheet is a snapshot of the
financial position of Anglo American PLC at a specified time, usually calculated after every quarter, six months, or one year. Anglo American Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Anglo American 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.