Anglo Retained Earnings vs Inventory Analysis

AAL Stock   2,415  15.00  0.62%   
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 Retained Earnings and its Inventory 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.

Retained Earnings vs Inventory

Retained Earnings vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Anglo American PLC Retained Earnings account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Anglo American's Retained Earnings and Inventory is 0.88. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Inventory 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 Retained Earnings and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Anglo American PLC are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Retained Earnings i.e., Anglo American's Retained Earnings and Inventory go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Inventory

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.