AU Stock | | | USD 24.94 0.15 0.61% |
AngloGold Ashanti financial indicator trend analysis is way more than just evaluating AngloGold Ashanti plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AngloGold Ashanti plc is a good investment. Please check the relationship between AngloGold Ashanti Good Will and its Deferred Long Term Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AngloGold Ashanti 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 employment.
Good Will vs Deferred Long Term Liab
Good Will vs Deferred Long Term Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AngloGold Ashanti plc Good Will account and
Deferred Long Term Liab. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between AngloGold Ashanti's Good Will and Deferred Long Term Liab is -0.03. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of AngloGold Ashanti plc, assuming nothing else is changed. The correlation between historical values of AngloGold Ashanti's Good Will and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of AngloGold Ashanti plc are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Good Will i.e., AngloGold Ashanti's Good Will and Deferred Long Term Liab go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Deferred Long Term Liab
Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from AngloGold Ashanti's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AngloGold Ashanti 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 AngloGold Ashanti 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 employment.
At this time, AngloGold Ashanti's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 6.6
M in 2024, whereas
Enterprise Value is likely to drop slightly above 7.7
B in 2024.
AngloGold Ashanti fundamental ratios Correlations
Click cells to compare fundamentals
AngloGold Ashanti Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AngloGold Ashanti fundamental ratios Accounts
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Additional Tools for AngloGold Stock Analysis
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