Glencore Property Plant Equipment vs Non Currrent Assets Other Analysis

GLEN Stock   362.30  0.40  0.11%   
Glencore PLC financial indicator trend analysis is much more than just examining Glencore PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Glencore PLC is a good investment. Please check the relationship between Glencore PLC Property Plant Equipment and its Non Currrent Assets Other accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glencore 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 board of governors.

Property Plant Equipment vs Non Currrent Assets Other

Property Plant Equipment vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Glencore PLC Property Plant Equipment account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Glencore PLC's Property Plant Equipment and Non Currrent Assets Other is 0.52. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of Glencore PLC, assuming nothing else is changed. The correlation between historical values of Glencore PLC's Property Plant Equipment and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Glencore PLC are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Property Plant Equipment i.e., Glencore PLC's Property Plant Equipment and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.52
Relationship DirectionPositive 
Relationship StrengthWeak

Property Plant Equipment

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from Glencore PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Glencore 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glencore 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 board of governors.
Discontinued Operations is likely to gain to about 2.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 19.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.3B1.8B2.5B1.7B
Depreciation And Amortization6.3B7.0B6.6B4.9B

Glencore PLC fundamental ratios Correlations

0.550.810.970.670.020.340.80.530.840.45-0.520.660.590.990.820.90.860.88-0.40.850.90.660.720.80.71
0.550.650.650.850.53-0.260.150.850.16-0.07-0.210.81-0.060.570.760.430.110.39-0.710.110.36-0.050.050.830.73
0.810.650.80.560.39-0.050.730.620.430.54-0.610.880.50.820.640.540.540.5-0.240.520.510.590.680.680.53
0.970.650.80.740.080.320.70.610.710.36-0.550.70.560.930.850.860.720.83-0.520.720.830.510.60.830.74
0.670.850.560.740.170.10.310.850.390.08-0.090.58-0.050.690.950.730.320.7-0.730.320.660.120.210.960.94
0.020.530.390.080.17-0.79-0.180.27-0.29-0.1-0.190.58-0.060.060.05-0.19-0.2-0.20.0-0.2-0.22-0.24-0.160.210.09
0.34-0.26-0.050.320.1-0.790.46-0.140.450.36-0.12-0.320.450.260.190.490.410.49-0.150.410.520.420.420.050.17
0.80.150.730.70.31-0.180.460.210.720.65-0.660.410.690.80.510.690.810.680.030.790.710.820.980.460.4
0.530.850.620.610.850.27-0.140.210.190.03-0.060.68-0.130.570.790.460.150.41-0.610.140.40.140.10.830.76
0.840.160.430.710.39-0.290.450.720.190.31-0.310.280.530.840.620.870.970.87-0.190.970.890.660.670.550.5
0.45-0.070.540.360.08-0.10.360.650.030.31-0.250.270.440.460.150.370.470.360.110.450.380.740.70.130.12
-0.52-0.21-0.61-0.55-0.09-0.19-0.12-0.66-0.06-0.31-0.25-0.44-0.71-0.46-0.21-0.29-0.41-0.28-0.12-0.39-0.31-0.36-0.65-0.24-0.14
0.660.810.880.70.580.58-0.320.410.680.280.27-0.440.240.690.590.390.330.33-0.370.330.320.280.340.670.48
0.59-0.060.50.56-0.05-0.060.450.69-0.130.530.44-0.710.240.510.110.380.660.370.190.650.430.620.660.09-0.03
0.990.570.820.930.690.060.260.80.570.840.46-0.460.690.510.850.90.860.88-0.390.850.880.670.720.830.73
0.820.760.640.850.950.050.190.510.790.620.15-0.210.590.110.850.860.550.84-0.680.550.820.30.420.970.95
0.90.430.540.860.73-0.190.490.690.460.870.37-0.290.390.380.90.860.820.99-0.450.820.980.520.630.810.81
0.860.110.540.720.32-0.20.410.810.150.970.47-0.410.330.660.860.550.820.83-0.051.00.860.770.770.50.41
0.880.390.50.830.7-0.20.490.680.410.870.36-0.280.330.370.880.840.990.83-0.450.830.990.530.630.780.81
-0.4-0.71-0.24-0.52-0.730.0-0.150.03-0.61-0.190.11-0.12-0.370.19-0.39-0.68-0.45-0.05-0.45-0.06-0.430.110.12-0.6-0.69
0.850.110.520.720.32-0.20.410.790.140.970.45-0.390.330.650.850.550.821.00.83-0.060.850.760.740.50.41
0.90.360.510.830.66-0.220.520.710.40.890.38-0.310.320.430.880.820.980.860.99-0.430.850.60.660.740.78
0.66-0.050.590.510.12-0.240.420.820.140.660.74-0.360.280.620.670.30.520.770.530.110.760.60.80.230.2
0.720.050.680.60.21-0.160.420.980.10.670.7-0.650.340.660.720.420.630.770.630.120.740.660.80.370.34
0.80.830.680.830.960.210.050.460.830.550.13-0.240.670.090.830.970.810.50.78-0.60.50.740.230.370.93
0.710.730.530.740.940.090.170.40.760.50.12-0.140.48-0.030.730.950.810.410.81-0.690.410.780.20.340.93
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Glencore PLC Account Relationship Matchups

Glencore PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets124.1B118B127.5B132.6B123.9B115.2B
Other Current Liab21.6B19.3B27.8B30.6B30.4B16.9B
Total Current Liabilities39.4B39.4B49.5B53.4B49.5B43.0B
Total Stockholder Equity40.3B37.6B39.9B49.4B43.6B35.3B
Other Liab16.7B14.7B14.3B14.6B16.8B9.2B
Retained Earnings4.7B2.8B7.9B25.2B29.6B31.1B
Accounts Payable21.9B10.1B11.5B7.8B5.7B5.4B
Cash1.9B1.4B2.7B1.8B1.9B2.0B
Other Assets4.7B6.5B6.2B5.3B6.1B3.2B
Long Term Debt27.9B28.2B25.7B17.9B20.3B24.0B
Net Receivables10.6B8.1B10.6B13.1B10.9B9.3B
Short Term Investments3.6B3.4B70.2M128M21M20.0M
Inventory19.9B22.9B28.4B33.5B31.6B21.7B
Other Current Assets20.0B10.7B15.4B20.7B19.7B22.8B
Total Liab84.8B83.6B90.6B87.4B85.6B78.3B
Property Plant Equipment55.4B47.1B43.2B39.6B45.5B38.5B
Short Long Term Debt Total37.0B37.5B34.6B28.8B32.2B37.1B
Property Plant And Equipment Net55.4B47.1B43.2B39.6B39.2B45.0B
Current Deferred Revenue(12.0B)(9.6B)(10.0B)(15.4B)110M115.5M
Net Debt35.1B36.1B31.9B26.9B30.3B34.9B
Non Current Assets Total82.2B74.8B69.7B63.4B59.8B73.1B
Non Currrent Assets Other6.6B8.1B7.9B5.4B5.1B7.2B
Cash And Short Term Investments1.9B1.4B2.7B2.0B1.9B2.2B
Common Stock Shares Outstanding13.8B13.2B13.3B13.1B12.5B12.4B
Liabilities And Stockholders Equity124.1B118B127.5B132.6B123.9B124.8B
Non Current Liabilities Total45.4B44.2B41.1B33.9B36.2B39.9B
Other Stockholder Equity35.4B28.8B37.8B17.2B13.8B13.1B
Property Plant And Equipment Gross55.4B47.1B100.7B98.3B103.4B57.4B
Total Current Assets41.8B43.2B57.8B69.2B64.0B54.1B
Accumulated Other Comprehensive Income(5.0B)(5.8B)(5.9B)(6.8B)(7.0B)(6.7B)
Short Term Debt8.0B8.8B7.9B10.0B11.0B10.8B
Intangible Assets2.0B1.6B1.4B1.3B1.0B1.3B
Net Tangible Assets33.3B31.2B33.7B43.3B38.9B29.9B
Short Long Term Debt7.5B7.7B7.3B9.5B10.4B10.3B
Treasury Stock(1.6B)(3.3B)(5.4B)(5.3B)(4.8B)(4.5B)
Long Term Debt Total29.1B29.2B26.8B18.9B17.0B21.1B

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