Southern Capital Surpluse vs Accounts Payable Analysis

SCCO Stock  USD 116.94  5.12  4.58%   
Southern Copper financial indicator trend analysis is much more than just breaking down Southern Copper prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Southern Copper is a good investment. Please check the relationship between Southern Copper Capital Surpluse and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.

Capital Surpluse vs Accounts Payable

Capital Surpluse vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Southern Copper Capital Surpluse account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Southern Copper's Capital Surpluse and Accounts Payable is 0.79. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Southern Copper, assuming nothing else is changed. The correlation between historical values of Southern Copper's Capital Surpluse and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Southern Copper are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Capital Surpluse i.e., Southern Copper's Capital Surpluse and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Capital Surpluse

Accounts Payable

An accounting item on the balance sheet that represents Southern Copper obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Southern Copper are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Southern Copper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Southern Copper 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.As of the 28th of April 2024, Enterprise Value is likely to grow to about 27.2 B, while Selling General Administrative is likely to drop about 92.9 M.
 2021 2022 2023 2024 (projected)
Total Revenue10.9B10.0B9.9B5.1B
Interest Expense357.1M340.1M376.3M198.9M

Southern Copper fundamental ratios Correlations

0.550.540.280.480.580.50.480.420.710.290.510.510.390.480.560.60.52-0.190.520.470.530.010.910.20.44
0.550.880.660.870.990.980.740.950.890.570.970.810.620.860.870.930.36-0.690.990.470.840.080.770.590.62
0.540.880.510.740.840.880.920.840.770.480.870.950.510.71.00.820.52-0.50.890.730.690.110.630.390.81
0.280.660.510.910.670.570.280.680.450.670.550.390.730.760.490.520.02-0.580.650.170.77-0.130.430.380.34
0.480.870.740.910.870.820.560.860.70.630.80.680.70.840.720.760.24-0.620.860.390.83-0.070.650.470.51
0.580.990.840.670.870.960.70.940.880.580.950.790.630.880.840.910.42-0.670.960.470.850.00.780.590.63
0.50.980.880.570.820.960.810.950.910.421.00.850.460.790.860.960.33-0.690.980.490.720.180.740.610.59
0.480.740.920.280.560.70.810.770.750.090.820.940.130.490.910.780.49-0.410.760.760.380.320.560.340.71
0.420.950.840.680.860.940.950.770.820.430.940.780.50.880.830.890.32-0.680.940.50.750.080.650.510.63
0.710.890.770.450.70.880.910.750.820.290.920.760.360.70.770.960.3-0.680.880.390.630.310.90.640.47
0.290.570.480.670.630.580.420.090.430.290.390.30.970.670.480.340.21-0.370.560.130.89-0.410.360.250.44
0.510.970.870.550.80.951.00.820.940.920.390.850.430.760.860.960.33-0.70.970.480.690.220.750.630.57
0.510.810.950.390.680.790.850.940.780.760.30.850.340.580.950.780.52-0.410.810.770.540.110.580.370.78
0.390.620.510.730.70.630.460.130.50.360.970.430.340.730.510.380.24-0.370.610.190.93-0.420.450.230.47
0.480.860.70.760.840.880.790.490.880.70.670.760.580.730.710.750.34-0.560.830.410.91-0.170.650.330.64
0.560.871.00.490.720.840.860.910.830.770.480.860.950.510.710.810.55-0.460.870.760.70.10.640.350.85
0.60.930.820.520.760.910.960.780.890.960.340.960.780.380.750.810.26-0.720.940.410.660.310.830.640.5
0.520.360.520.020.240.420.330.490.320.30.210.330.520.240.340.550.260.180.310.740.36-0.170.36-0.180.75
-0.19-0.69-0.5-0.58-0.62-0.67-0.69-0.41-0.68-0.68-0.37-0.7-0.41-0.37-0.56-0.46-0.720.18-0.690.18-0.52-0.3-0.51-0.92-0.03
0.520.990.890.650.860.960.980.760.940.880.560.970.810.610.830.870.940.31-0.690.460.820.130.760.580.61
0.470.470.730.170.390.470.490.760.50.390.130.480.770.190.410.760.410.740.180.460.34-0.080.34-0.250.9
0.530.840.690.770.830.850.720.380.750.630.890.690.540.930.910.70.660.36-0.520.820.34-0.270.660.360.6
0.010.080.11-0.13-0.070.00.180.320.080.31-0.410.220.11-0.42-0.170.10.31-0.17-0.30.13-0.08-0.270.160.36-0.12
0.910.770.630.430.650.780.740.560.650.90.360.750.580.450.650.640.830.36-0.510.760.340.660.160.490.38
0.20.590.390.380.470.590.610.340.510.640.250.630.370.230.330.350.64-0.18-0.920.58-0.250.360.360.49-0.1
0.440.620.810.340.510.630.590.710.630.470.440.570.780.470.640.850.50.75-0.030.610.90.6-0.120.38-0.1
Click cells to compare fundamentals

Southern Copper Account Relationship Matchups

Southern Copper fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.4B16.7B18.3B17.3B16.7B9.2B
Short Long Term Debt Total7.9B7.5B7.4B7.1B7.0B7.4B
Other Current Liab478.4M699.9M1.4B500.8M457.6M323.0M
Total Current Liabilities1.5B1.4B2.3B1.2B1.4B876.9M
Total Stockholder Equity6.8B7.2B8.1B8.1B7.4B4.5B
Property Plant And Equipment Net10.4B10.2B10.4B10.4B10.6B5.6B
Net Debt6.0B5.3B4.4B5.0B5.9B6.2B
Retained Earnings6.4B6.8B7.8B7.7B7.0B3.9B
Accounts Payable598.3M604.2M591.9M657.6M652.6M398.1M
Cash1.9B2.2B3.0B2.1B1.2B1.1B
Non Current Assets Total12.2B11.9B12.2B12.1B12.3B6.6B
Non Currrent Assets Other1.4B1.2B1.2B1.2B1.3B1.4B
Cash And Short Term Investments2.0B2.6B3.5B2.3B1.8B1.2B
Net Receivables911.8M1.1B1.4B1.5B1.2B629.2M
Liabilities And Stockholders Equity16.4B16.7B18.3B17.3B16.7B9.2B
Non Current Liabilities Total8.1B8.0B7.8B7.9B7.9B8.2B
Inventory1.1B950.2M972.9M1.0B1.0B602.5M
Other Current Assets198.6M134M231.2M422M433.5M455.2M
Other Stockholder Equity(9.5B)(9.9B)(10.8B)(10.8B)383.8M403.0M
Total Liab9.5B9.4B10.1B9.1B9.2B4.7B
Property Plant And Equipment Gross10.4B10.4B10.4B10.4B20.7B21.7B
Total Current Assets4.2B4.8B6.1B5.2B4.4B2.7B
Accumulated Other Comprehensive Income6.4B6.8B7.8B7.7B(8M)(7.6M)
Common Stock3.4B3.5B3.5B3.5B8.8M8.4M
Other Liab553.9M563.8M749.5M869.5M999.9M1.0B
Other Assets1.5B12.0B1.6B(20M)(23M)(21.9M)
Long Term Debt6.5B6.5B6.2B6.3B6.3B3.7B
Treasury Stock(3.0B)(3.0B)(3.1B)(3.1B)(2.8B)(2.6B)
Property Plant Equipment10.4B10.6B10.4B10.4B12.0B6.5B
Intangible Assets19.8M15.9M13.8M13.2M11.3M10.7M
Short Term Investments213.8M80.7M410.8M486.9M599.3M629.3M
Net Tangible Assets6.7B7.1B8.0B7.9B9.1B6.3B
Noncontrolling Interest In Consolidated Entity41.7M45.4M51.2M58.6M67.4M70.8M
Retained Earnings Total Equity5.7B6.2B6.8B7.8B8.9B9.4B
Long Term Debt Total6.0B6.5B6.5B6.2B7.2B5.3B

Currently Active Assets on Macroaxis

When determining whether Southern Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Copper Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Copper Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Southern Copper. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.
Note that the Southern Copper information on this page should be used as a complementary analysis to other Southern Copper's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Southern Copper's price analysis, check to measure Southern Copper'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 Southern Copper is operating at the current time. Most of Southern Copper's value examination focuses on studying past and present price action to predict the probability of Southern Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Copper's price. Additionally, you may evaluate how the addition of Southern Copper to your portfolios can decrease your overall portfolio volatility.
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Is Southern Copper's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Southern Copper. If investors know Southern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Southern Copper listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Dividend Share
3.8
Earnings Share
3.04
Revenue Per Share
12.549
Quarterly Revenue Growth
(0.07)
The market value of Southern Copper is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern Copper's value that differs from its market value or its book value, called intrinsic value, which is Southern Copper's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Southern Copper's market value can be influenced by many factors that don't directly affect Southern Copper's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Southern Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern Copper's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.