| PAAS Stock | | | USD 23.94 0.82 3.55% |
Pan American financial indicator trend analysis is much more than just breaking down Pan American Silver prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pan American Silver is a good investment. Please check the relationship between Pan American Long Term Debt and its Total Current Liabilities accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Long Term Debt vs Total Current Liabilities
Long Term Debt vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Pan American Silver Long Term Debt account and
Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pan American's Long Term Debt and Total Current Liabilities is 0.85. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Pan American Silver, assuming nothing else is changed. The correlation between historical values of Pan American's Long Term Debt and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Pan American Silver are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Long Term Debt i.e., Pan American's Long Term Debt and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.85 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Long Term Debt
Long-term debt is a debt that Pan American Silver has held for over one year. Long-term debt appears on Pan American Silver balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Pan American Silver balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Total Current Liabilities
Total Current Liabilities is an item on Pan American balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Pan American Silver are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Pan American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pan American Silver 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
At this time, Pan American's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 64.6
M in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 133
K in 2024.
Pan American fundamental ratios Correlations
Click cells to compare fundamentals
Pan American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pan American fundamental ratios Accounts
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