Anglo Cost Of Revenue vs Tax Provision Analysis

AAL Stock   2,333  0.50  0.02%   
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 Cost Of Revenue and its Tax Provision 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.

Cost Of Revenue vs Tax Provision

Cost Of Revenue vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anglo American PLC Cost Of Revenue account and Tax Provision. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Anglo American's Cost Of Revenue and Tax Provision is -0.23. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Tax Provision 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 Cost Of Revenue and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Anglo American PLC are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Cost Of Revenue i.e., Anglo American's Cost Of Revenue and Tax Provision go up and down completely randomly.

Correlation Coefficient

-0.23
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cost Of Revenue

Cost of Revenue is found on Anglo American PLC income statement and represents the costs associated with goods and services Anglo American provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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 B
 2021 2022 2023 2024 (projected)
Total Revenue41.6B35.1B30.7B25.1B
Interest Expense434M516M990M604.7M

Anglo American fundamental ratios Correlations

0.740.050.810.870.97-0.650.280.880.460.830.980.210.710.460.73-0.39-0.780.750.690.4-0.160.910.530.920.39
0.740.280.440.40.75-0.810.810.60.080.50.760.050.350.340.7-0.26-0.510.750.580.39-0.250.920.340.570.67
0.050.28-0.250.01-0.01-0.330.33-0.02-0.720.00.09-0.29-0.02-0.530.10.340.060.09-0.110.370.290.09-0.45-0.10.43
0.810.44-0.250.650.84-0.540.060.860.780.660.730.350.530.480.61-0.6-0.640.470.820.44-0.440.740.810.90.23
0.870.40.010.650.77-0.27-0.080.640.350.790.880.310.780.340.41-0.27-0.650.630.340.250.230.590.340.810.24
0.970.75-0.010.840.77-0.710.330.940.540.780.950.20.60.540.82-0.43-0.810.730.80.33-0.340.940.610.890.34
-0.65-0.81-0.33-0.54-0.27-0.71-0.61-0.7-0.13-0.47-0.610.12-0.24-0.21-0.860.420.65-0.43-0.66-0.410.57-0.83-0.39-0.5-0.53
0.280.810.330.06-0.080.33-0.610.18-0.21-0.110.340.08-0.240.120.35-0.18-0.010.520.340.26-0.220.570.180.080.73
0.880.6-0.020.860.640.94-0.70.180.640.760.810.020.550.460.83-0.33-0.80.50.880.38-0.490.850.580.850.14
0.460.08-0.720.780.350.54-0.13-0.210.640.440.360.20.350.560.33-0.37-0.420.150.680.15-0.480.40.680.64-0.25
0.830.50.00.660.790.78-0.47-0.110.760.440.77-0.040.940.390.66-0.17-0.850.510.480.28-0.10.70.30.850.05
0.980.760.090.730.880.95-0.610.340.810.360.770.280.650.470.69-0.39-0.750.820.610.32-0.080.890.50.860.46
0.210.05-0.290.350.310.20.120.080.020.2-0.040.28-0.030.27-0.02-0.590.020.570.09-0.090.060.120.550.30.36
0.710.35-0.020.530.780.6-0.24-0.240.550.350.940.65-0.030.260.39-0.05-0.650.420.250.310.160.520.170.780.01
0.460.34-0.530.480.340.54-0.210.120.460.560.390.470.270.260.49-0.43-0.560.460.46-0.41-0.420.480.620.42-0.05
0.730.70.10.610.410.82-0.860.350.830.330.660.69-0.020.390.49-0.45-0.880.520.720.09-0.650.830.470.610.2
-0.39-0.260.34-0.6-0.27-0.430.42-0.18-0.33-0.37-0.17-0.39-0.59-0.05-0.43-0.450.41-0.32-0.40.080.55-0.42-0.81-0.38-0.25
-0.78-0.510.06-0.64-0.65-0.810.65-0.01-0.8-0.42-0.85-0.750.02-0.65-0.56-0.880.41-0.47-0.560.020.42-0.72-0.41-0.690.0
0.750.750.090.470.630.73-0.430.520.50.150.510.820.570.420.460.52-0.32-0.470.420.140.040.750.410.660.6
0.690.58-0.110.820.340.8-0.660.340.880.680.480.610.090.250.460.72-0.4-0.560.420.41-0.650.790.650.730.16
0.40.390.370.440.250.33-0.410.260.380.150.280.32-0.090.31-0.410.090.080.020.140.410.080.420.090.510.49
-0.16-0.250.29-0.440.23-0.340.57-0.22-0.49-0.48-0.1-0.080.060.16-0.42-0.650.550.420.04-0.650.08-0.4-0.6-0.170.14
0.910.920.090.740.590.94-0.830.570.850.40.70.890.120.520.480.83-0.42-0.720.750.790.42-0.40.570.810.5
0.530.34-0.450.810.340.61-0.390.180.580.680.30.50.550.170.620.47-0.81-0.410.410.650.09-0.60.570.590.21
0.920.57-0.10.90.810.89-0.50.080.850.640.850.860.30.780.420.61-0.38-0.690.660.730.51-0.170.810.590.28
0.390.670.430.230.240.34-0.530.730.14-0.250.050.460.360.01-0.050.2-0.250.00.60.160.490.140.50.210.28
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Anglo American Account Relationship Matchups

Anglo American fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets56.2B62.5B66.0B67.4B66.5B58.0B
Short Long Term Debt Total10.7B13.5B12.9B14.4B16.9B12.3B
Other Current Liab607M809M791M1.1B778M739.1M
Total Current Liabilities7.2B9.1B10.6B10.5B9.4B8.9B
Total Stockholder Equity24.8B25.8B27.8B27.4B25.1B26.1B
Property Plant And Equipment Net34.2B36.4B39.5B41.1B43.9B32.9B
Current Deferred Revenue(990M)(1.2B)(1.2B)(1.4B)(1.3B)(1.3B)
Net Debt4.4B6.0B3.8B6.0B10.8B6.8B
Retained Earnings36.3B37.2B41.7B42.4B40.9B29.0B
Accounts Payable5.4B6.7B7.9B7.4B6.5B3.7B
Cash6.3B7.5B9.1B8.4B6.1B5.6B
Non Current Assets Total39.4B41.8B44.1B45.4B49.2B42.3B
Non Currrent Assets Other(1.1B)(639M)(532M)(198M)2.3B2.4B
Cash And Short Term Investments6.4B7.5B9.1B8.5B5.6B6.1B
Net Receivables1.3B2.1B2.4B2.2B4.7B2.6B
Short Term Investments15M9M29M38M48M45.6M
Liabilities And Stockholders Equity56.2B62.5B66.0B67.4B66.5B58.0B
Non Current Liabilities Total9.4B12.0B11.0B13.0B25.6B14.5B
Inventory4.3B6.0B5.2B6.6B6.4B4.1B
Other Current Assets1.5B4.0B4.7B5.4B679M645.1M
Other Stockholder Equity(22.6B)(22.5B)(25.7B)(27.9B)(29.4B)(27.9B)
Total Liab24.8B29.8B31.2B33.4B34.9B27.1B
Property Plant And Equipment Gross34.2B36.4B74.9B79.1B82.0B86.1B
Total Current Assets13.4B17.5B19.0B19.9B17.3B14.5B
Accumulated Other Comprehensive Income(10.4B)(10.4B)(11.0B)(12.1B)(12.8B)(13.5B)
Short Term Debt990M1.2B1.2B1.4B1.7B1.7B
Intangible Assets1.1B1.1B1.1B1.2B1.2B1.4B
Common Stock753M749M737M734M844.1M756.3M
Other Liab7.8B8.3B9.0B9.2B10.6B11.1B
Other Assets3.3B3.3B2.9B2.0B2.3B2.1B
Long Term Debt9.4B12.0B11.0B12.3B14.1B10.8B
Good Will2.0B2.0B1.9B1.7B270M256.5M
Property Plant Equipment34.2B36.4B39.5B41.1B47.3B34.2B
Treasury Stock(6.2B)(6.3B)(6.2B)(6.1B)(7.0B)(7.4B)
Net Tangible Assets21.7B22.7B24.8B24.5B28.2B23.4B
Short Long Term Debt781M1.0B1.0B1.2B1.3B2.2B

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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.