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 Net Interest Income and its Net Income 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.
Net Interest Income vs Net Income
Net Interest Income vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Anglo American PLC Net Interest Income account and
Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Anglo American's Net Interest Income and Net Income is -0.13. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Net Income 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 Net Interest Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Anglo American PLC are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Net Interest Income i.e., Anglo American's Net Interest Income and Net Income go up and down completely randomly.
Correlation Coefficient | -0.13 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Anglo American PLC financial statement analysis. It represents the amount of money remaining after all of Anglo American PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.