AngloGold Historical Income Statement

AU Stock  USD 23.85  0.56  2.40%   
Historical analysis of AngloGold Ashanti income statement accounts such as Interest Expense of 35.1 M or Total Revenue of 4 B can show how well AngloGold Ashanti plc performed in making a profits. Evaluating AngloGold Ashanti income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AngloGold Ashanti's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining AngloGold Ashanti plc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AngloGold Ashanti plc is a good buy for the upcoming year.
  
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 tightly coupled with the direction of predictive economic indicators such as signals in employment.

About AngloGold Income Statement Analysis

AngloGold Ashanti plc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to AngloGold Ashanti shareholders. The income statement also shows AngloGold investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

AngloGold Ashanti Income Statement Chart

AngloGold Ashanti plc Income Statement is one of the three primary financial statements used for reporting AngloGold's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of AngloGold Ashanti plc revenue and expense. AngloGold Ashanti Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, AngloGold Ashanti's Gross Profit is comparatively stable compared to the past year. EBIT is likely to gain to about 734.3 M in 2024, whereas Total Revenue is likely to drop slightly above 4 B in 2024.

Total Revenue

Total revenue comprises all receipts AngloGold Ashanti plc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of AngloGold Ashanti plc minus its cost of goods sold. It is profit before AngloGold Ashanti operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AngloGold Ashanti plc. It is also known as AngloGold Ashanti overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from AngloGold Ashanti's income statement are interrelated and interconnected. However, analyzing income statement accounts 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 income statement accounts, 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 tightly coupled with the direction of predictive economic indicators such as signals in employment.
At this time, AngloGold Ashanti's Gross Profit is comparatively stable compared to the past year. EBIT is likely to gain to about 734.3 M in 2024, whereas Total Revenue is likely to drop slightly above 4 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense15M41M36.9M35.1M
Depreciation And Amortization672M633M658M621.1M

AngloGold Ashanti income statement Correlations

0.070.820.460.870.010.390.640.880.5-0.01-0.18-0.080.180.640.260.26-0.520.010.25-0.20.020.280.11-0.090.09
0.070.310.20.34-0.370.340.310.320.38-0.36-0.5-0.38-0.380.320.450.330.45-0.21-0.640.76-0.29-0.36-0.24-0.580.59
0.820.310.80.950.150.730.860.920.730.11-0.210.050.290.750.680.13-0.080.07-0.160.24-0.030.00.08-0.070.16
0.460.20.80.580.40.930.920.50.760.430.010.380.530.550.840.170.290.0-0.340.390.290.020.04-0.10.08
0.870.340.950.58-0.040.50.690.990.64-0.1-0.32-0.160.070.770.520.08-0.230.07-0.070.14-0.22-0.030.07-0.050.2
0.01-0.370.150.4-0.040.40.34-0.050.080.970.860.960.93-0.040.180.040.050.140.18-0.10.30.140.070.07-0.18
0.390.340.730.930.50.40.960.440.620.41-0.040.350.560.520.770.290.310.02-0.360.50.37-0.03-0.03-0.250.1
0.640.310.860.920.690.340.960.640.670.34-0.090.270.520.640.720.320.10.02-0.220.350.310.070.01-0.230.11
0.880.320.920.50.99-0.050.440.640.55-0.12-0.32-0.180.060.730.430.08-0.310.110.00.09-0.24-0.010.1-0.040.19
0.50.380.730.760.640.080.620.670.550.15-0.130.110.10.570.850.260.36-0.32-0.510.45-0.1-0.15-0.2-0.280.37
-0.01-0.360.110.43-0.10.970.410.34-0.120.150.890.990.93-0.10.180.120.070.10.16-0.090.360.130.020.03-0.16
-0.18-0.5-0.210.01-0.320.86-0.04-0.09-0.32-0.130.890.910.73-0.3-0.170.02-0.070.090.32-0.280.160.140.010.1-0.14
-0.08-0.380.050.38-0.160.960.350.27-0.180.110.990.910.9-0.170.150.070.090.090.16-0.110.330.120.030.06-0.19
0.18-0.380.290.530.070.930.560.520.060.10.930.730.90.060.190.12-0.070.230.26-0.130.490.230.110.07-0.23
0.640.320.750.550.77-0.040.520.640.730.57-0.1-0.3-0.170.060.630.210.06-0.03-0.330.41-0.17-0.09-0.05-0.30.44
0.260.450.680.840.520.180.770.720.430.850.18-0.170.150.190.630.250.62-0.33-0.730.67-0.09-0.25-0.25-0.340.4
0.260.330.130.170.080.040.290.320.080.260.120.020.070.120.210.250.12-0.59-0.240.160.080.17-0.43-0.890.56
-0.520.45-0.080.29-0.230.050.310.1-0.310.360.07-0.070.09-0.070.060.620.12-0.4-0.910.81-0.15-0.27-0.21-0.390.52
0.01-0.210.070.00.070.140.020.020.11-0.320.10.090.090.23-0.03-0.33-0.59-0.40.51-0.230.4-0.080.60.56-0.57
0.25-0.64-0.16-0.34-0.070.18-0.36-0.220.0-0.510.160.320.160.26-0.33-0.73-0.24-0.910.51-0.870.380.320.270.5-0.7
-0.20.760.240.390.14-0.10.50.350.090.45-0.09-0.28-0.11-0.130.410.670.160.81-0.23-0.87-0.19-0.34-0.25-0.470.62
0.02-0.29-0.030.29-0.220.30.370.31-0.24-0.10.360.160.330.49-0.17-0.090.08-0.150.40.38-0.190.350.210.06-0.48
0.28-0.360.00.02-0.030.14-0.030.07-0.01-0.150.130.140.120.23-0.09-0.250.17-0.27-0.080.32-0.340.350.5-0.050.04
0.11-0.240.080.040.070.07-0.030.010.1-0.20.020.010.030.11-0.05-0.25-0.43-0.210.60.27-0.250.210.50.38-0.23
-0.09-0.58-0.07-0.1-0.050.07-0.25-0.23-0.04-0.280.030.10.060.07-0.3-0.34-0.89-0.390.560.5-0.470.06-0.050.38-0.78
0.090.590.160.080.2-0.180.10.110.190.37-0.16-0.14-0.19-0.230.440.40.560.52-0.57-0.70.62-0.480.04-0.23-0.78
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AngloGold Ashanti Account Relationship Matchups

AngloGold Ashanti income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization622M741M672M633M658M621.1M
Interest Expense39M47M15M41M36.9M35.1M
Total Revenue3.5B4.4B4.0B4.5B4.6B4.0B
Gross Profit904M1.7B1.2B1.1B791M1.1B
Other Operating Expenses2.9B3.0B3.2B3.7B3.9B3.3B
Operating Income621M1.5B810M329M667M358.5M
Ebit621M1.5B810M329M667M734.3M
Ebitda1.2B2.2B1.5B962M1.3B1.4B
Cost Of Revenue2.6B2.7B2.9B3.4B3.8B2.9B
Total Operating Expenses293M254M373M310M124M117.8M
Income Before Tax619M1.6B958M489M(144M)(136.8M)
Total Other Income Expense Net(2M)130M148M160M(811M)(770.5M)
Net Income369M1.0B646M297M(235M)(223.3M)
Income Tax Expense250M625M312M173M285M165.9M
Selling General Administrative123M105M90M101M90.9M110.3M
Net Income Applicable To Common Shares(12M)953M622M297M341.6M188.6M
Minority Interest36M45M(24M)(19M)(17.1M)(16.2M)
Net Income From Continuing Ops369M964M646M316M363.4M381.6M
Tax Provision250M625M312M173M199.0M286M
Interest Income31M169M58M81M72.9M71.3M
Net Interest Income(129M)(150M)(58M)(68M)(78.2M)(82.1M)
Reconciled Depreciation583M570M477M633M569.7M495.5M

Pair Trading with AngloGold Ashanti

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AngloGold Ashanti position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AngloGold Ashanti will appreciate offsetting losses from the drop in the long position's value.

Moving together with AngloGold Stock

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Moving against AngloGold Stock

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The ability to find closely correlated positions to AngloGold Ashanti could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AngloGold Ashanti when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AngloGold Ashanti - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AngloGold Ashanti plc to buy it.
The correlation of AngloGold Ashanti is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AngloGold Ashanti moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AngloGold Ashanti plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AngloGold Ashanti can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether AngloGold Ashanti plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AngloGold Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Anglogold Ashanti Plc Stock. Highlighted below are key reports to facilitate an investment decision about Anglogold Ashanti Plc Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is AngloGold Ashanti'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 AngloGold Ashanti. If investors know AngloGold 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 AngloGold Ashanti 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
(0.62)
Dividend Share
0.23
Earnings Share
0.1
Revenue Per Share
10.881
Quarterly Revenue Growth
0.021
The market value of AngloGold Ashanti plc is measured differently than its book value, which is the value of AngloGold that is recorded on the company's balance sheet. Investors also form their own opinion of AngloGold Ashanti's value that differs from its market value or its book value, called intrinsic value, which is AngloGold Ashanti'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 AngloGold Ashanti's market value can be influenced by many factors that don't directly affect AngloGold Ashanti'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 AngloGold Ashanti's value and its price as these two are different measures arrived at by different means. Investors typically determine if AngloGold Ashanti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AngloGold Ashanti'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.