AngloGold Short Term Investments vs Total Assets Analysis

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 Short Term Investments and its Total Assets 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.

Short Term Investments vs Total Assets

Short Term Investments vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AngloGold Ashanti plc Short Term Investments account and Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between AngloGold Ashanti's Short Term Investments and Total Assets is -0.71. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Assets 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 Short Term Investments and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of AngloGold Ashanti plc are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Term Investments i.e., AngloGold Ashanti's Short Term Investments and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.71
Relationship DirectionNegative 
Relationship StrengthWeak

Short Term Investments

Short Term Investments is an item under the current assets section of AngloGold Ashanti balance sheet. It contains any investments AngloGold Ashanti plc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that AngloGold Ashanti plc can easily liquidate in the marketplace.

Total Assets

Total assets refers to the total amount of AngloGold Ashanti assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AngloGold Ashanti plc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.
 2021 2022 2023 2024 (projected)
Interest Expense110M141M151M219.0M
Depreciation And Amortization477.0M637M472M599.0M

AngloGold Ashanti fundamental ratios Correlations

0.840.630.720.890.940.6-0.110.870.570.98-0.480.570.450.760.630.970.260.160.930.860.45-0.270.650.72-0.5
0.840.560.630.540.750.9-0.420.570.250.88-0.30.240.170.690.80.870.340.420.960.620.41-0.10.670.93-0.47
0.630.560.860.50.640.52-0.030.360.090.59-0.840.10.020.360.020.570.460.230.650.460.840.050.490.31-0.2
0.720.630.860.610.610.49-0.150.550.320.65-0.590.330.140.550.180.690.680.240.70.710.91-0.170.420.33-0.39
0.890.540.50.610.840.180.160.870.80.82-0.480.80.50.680.350.850.11-0.080.670.910.36-0.380.460.39-0.44
0.940.750.640.610.840.570.080.860.430.95-0.570.430.540.590.550.910.09-0.010.880.710.38-0.120.60.68-0.33
0.60.90.520.490.180.57-0.530.31-0.20.68-0.25-0.20.020.480.730.640.380.520.840.250.360.070.640.87-0.31
-0.11-0.42-0.03-0.150.160.08-0.530.170.24-0.18-0.370.240.52-0.6-0.53-0.12-0.51-0.63-0.3-0.010.010.56-0.61-0.350.72
0.870.570.360.550.870.860.310.170.60.84-0.320.60.760.570.520.870.15-0.090.720.820.27-0.220.370.5-0.29
0.570.250.090.320.80.43-0.20.240.60.45-0.131.00.320.480.180.54-0.07-0.210.290.830.13-0.390.070.15-0.37
0.980.880.590.650.820.950.68-0.180.840.45-0.430.450.430.760.720.960.220.20.960.770.37-0.260.710.79-0.51
-0.48-0.3-0.84-0.59-0.48-0.57-0.25-0.37-0.32-0.13-0.43-0.13-0.25-0.070.23-0.44-0.05-0.14-0.41-0.3-0.68-0.33-0.29-0.13-0.2
0.570.240.10.330.80.43-0.20.240.61.00.45-0.130.310.480.180.54-0.07-0.210.290.840.13-0.390.080.15-0.37
0.450.170.020.140.50.540.020.520.760.320.43-0.250.310.040.230.47-0.15-0.180.320.40.050.2-0.050.210.29
0.760.690.360.550.680.590.48-0.60.570.480.76-0.070.480.040.650.740.430.370.70.720.23-0.760.820.52-0.89
0.630.80.020.180.350.550.73-0.530.520.180.720.230.180.230.650.670.160.30.760.44-0.14-0.290.570.88-0.53
0.970.870.570.690.850.910.64-0.120.870.540.96-0.440.540.470.740.670.270.210.920.850.42-0.20.60.77-0.44
0.260.340.460.680.110.090.38-0.510.15-0.070.22-0.05-0.07-0.150.430.160.270.330.340.360.58-0.310.30.1-0.42
0.160.420.230.24-0.08-0.010.52-0.63-0.09-0.210.2-0.14-0.21-0.180.370.30.210.330.330.020.24-0.070.530.33-0.22
0.930.960.650.70.670.880.84-0.30.720.290.96-0.410.290.320.70.760.920.340.330.690.46-0.140.690.87-0.47
0.860.620.460.710.910.710.25-0.010.820.830.77-0.30.840.40.720.440.850.360.020.690.45-0.40.370.44-0.52
0.450.410.840.910.360.380.360.010.270.130.37-0.680.130.050.23-0.140.420.580.240.460.450.10.20.11-0.09
-0.27-0.10.05-0.17-0.38-0.120.070.56-0.22-0.39-0.26-0.33-0.390.2-0.76-0.29-0.2-0.31-0.07-0.14-0.40.1-0.510.040.9
0.650.670.490.420.460.60.64-0.610.370.070.71-0.290.08-0.050.820.570.60.30.530.690.370.2-0.510.55-0.69
0.720.930.310.330.390.680.87-0.350.50.150.79-0.130.150.210.520.880.770.10.330.870.440.110.040.55-0.32
-0.5-0.47-0.2-0.39-0.44-0.33-0.310.72-0.29-0.37-0.51-0.2-0.370.29-0.89-0.53-0.44-0.42-0.22-0.47-0.52-0.090.9-0.69-0.32
Click cells to compare fundamentals

AngloGold Ashanti Account Relationship Matchups

AngloGold Ashanti fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.9B7.7B8.0B8.0B8.2B8.1B
Short Long Term Debt Total2.2B2.0B2.0B2.1B2.4B2.1B
Other Current Liab610M224M270.0M357M388M585.7M
Total Current Liabilities1.7B959M827M884M1.2B1.1B
Total Stockholder Equity2.6B3.7B4.0B4.0B3.7B3.1B
Property Plant And Equipment Net2.8B3.1B3.7B4.4B4.6B4.7B
Net Debt1.7B717M879M992M1.5B1.5B
Retained Earnings(3.3B)(2.3B)(1.9B)(1.8B)(2.1B)(2.3B)
Accounts Payable365M403M406M391M464M413.2M
Cash456M1.3B1.2B1.1B964M615.6M
Non Current Assets Total4.9B5.4B5.9B5.9B6.0B6.3B
Non Currrent Assets Other246M335M296.0M281M683M717.2M
Cash And Short Term Investments466M1.3B1.2B1.1B964M626.7M
Net Receivables47M56M50M20M25M23.8M
Common Stock Shares Outstanding418.3M419.5M420.1M420.9M421.1M362.3M
Liabilities And Stockholders Equity6.9B7.7B8.0B8.0B8.2B8.1B
Non Current Liabilities Total2.5B3.0B3.1B3.1B3.2B3.3B
Inventory632M733M703M773M829M625.3M
Other Current Assets207M837M215M233M244M306.7M
Other Stockholder Equity7.2B9.5B1.9B(9M)8M7.6M
Total Liab4.2B3.9B3.9B3.9B4.4B4.9B
Total Current Assets2.0B2.3B2.1B2.1B2.2B1.8B
Short Term Debt734M179M112M91M289M239.0M
Accumulated Other Comprehensive Income(1.3B)(1.2B)5.9B5.8B5.4B5.7B
Other Liab1.1B1.1B1.1B1.0B1.2B1.1B
Long Term Debt1.3B1.8B1.9B2.0B2.0B2.0B
Property Plant Equipment2.8B3.0B3.6B4.4B3.9B3.6B
Short Term Investments10M9M0.08M7.2M6.8M
Other Assets351M342M(1M)122M109.8M182.2M
Property Plant And Equipment Gross2.8B3.0B3.6B4.4B12.2B12.9B
Net Tangible Assets2.5B3.6B3.9B4.0B4.6B3.2B
Long Term Investments1.7B1.8B1.8B1.1B600M1.2B
Short Long Term Debt139M734M142M20M216M394.0M

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When running AngloGold Ashanti's price analysis, check to measure AngloGold Ashanti's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AngloGold Ashanti is operating at the current time. Most of AngloGold Ashanti's value examination focuses on studying past and present price action to predict the probability of AngloGold Ashanti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AngloGold Ashanti's price. Additionally, you may evaluate how the addition of AngloGold Ashanti to your portfolios can decrease your overall portfolio volatility.