Pan Total Assets vs Non Currrent Assets Other Analysis
PAAS Stock | CAD 27.31 0.15 0.55% |
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 Total Assets and its Non Currrent Assets Other 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 board of governors.
Total Assets vs Non Currrent Assets Other
Total Assets vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pan American Silver Total Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Pan American's Total Assets and Non Currrent Assets Other is 0.83. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Non Currrent Assets Other 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 Total Assets 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 Total Assets of Pan American Silver 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 Total Assets i.e., Pan American's Total Assets and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.83 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Assets
Total assets refers to the total amount of Pan American 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 Pan American Silver 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.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 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 board of governors. At this time, Pan American's Selling General Administrative is very stable compared to the past year. As of the 18th of June 2024, Tax Provision is likely to grow to about 64.6 M, while Issuance Of Capital Stock is likely to drop about 133 K.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 85.1M | 111.6M | 2.2B | 2.4B | Cost Of Revenue | 1.3B | 1.4B | 2.0B | 2.1B |
Pan American fundamental ratios Correlations
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Pan American Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pan American fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 153.5M | 201.6M | 210.3M | 210.4M | 364.7M | 382.9M | |
Total Assets | 3.5B | 3.4B | 3.5B | 3.2B | 7.2B | 7.6B | |
Other Current Liab | 32.1M | 268.6M | 296.2M | 264.7M | 100K | 95K | |
Total Current Liabilities | 271.7M | 361.8M | 387.7M | 380.8M | 624.2M | 655.4M | |
Total Stockholder Equity | 2.5B | 2.6B | 2.6B | 2.2B | 4.8B | 5.0B | |
Property Plant And Equipment Net | 2.5B | 2.4B | 2.3B | 2.2B | 5.7B | 6.0B | |
Net Debt | 195.6M | (133.5M) | (237.7M) | 119.8M | 304.1M | 319.3M | |
Retained Earnings | (754.7M) | (623.0M) | (598.0M) | (1.0B) | (1.3B) | (1.2B) | |
Accounts Payable | 225.3M | 80.3M | 77.5M | 88.8M | 198.2M | 208.1M | |
Cash | 120.6M | 167.1M | 283.6M | 107.0M | 399.6M | 419.6M | |
Non Current Assets Total | 2.7B | 2.6B | 2.5B | 2.4B | 5.8B | 6.1B | |
Non Currrent Assets Other | 42.1M | 28.4M | 35.5M | 35.9M | 43.9M | 46.1M | |
Cash And Short Term Investments | 238.3M | 279.1M | 335.3M | 142.3M | 163.7M | 199.4M | |
Net Receivables | 186.0M | 149.8M | 148.4M | 176.6M | 138M | 86.9M | |
Liabilities And Stockholders Equity | 3.5B | 3.4B | 3.5B | 3.2B | 3.7B | 3.9B | |
Non Current Liabilities Total | 722.2M | 466.3M | 494.9M | 666.0M | 1.8B | 1.9B | |
Inventory | 346.5M | 406.2M | 500.5M | 471.6M | 711.6M | 747.2M | |
Other Current Assets | 16.8M | 14.1M | 13.0M | 10.9M | 12.5M | 12.3M | |
Other Stockholder Equity | 94.3M | 93.4M | 93.4M | 93.3M | 83.9M | 79.7M | |
Total Liab | 993.8M | 828.0M | 882.6M | 1.0B | 2.4B | 2.6B | |
Property Plant And Equipment Gross | 2.5B | 2.4B | 5.6B | 5.9B | 9.6B | 10.1B | |
Total Current Assets | 788.9M | 856.9M | 1.0B | 804.4M | 1.4B | 1.5B | |
Accumulated Other Comprehensive Income | 208K | (2.7B) | (3.0B) | (3.0M) | (2.7M) | (2.8M) | |
Short Term Investments | 117.8M | 111.9M | 51.7M | 35.3M | 41.3M | 39.2M | |
Short Term Debt | 14.2M | 12.8M | 14.1M | 27.3M | 31.4M | 26.2M | |
Short Long Term Debt Total | 316.2M | 33.6M | 45.9M | 226.8M | 260.9M | 273.9M | |
Common Stock Total Equity | 2.3B | 2.3B | 3.1B | 3.1B | 3.6B | 2.7B | |
Common Stock | 3.1B | 3.1B | 3.1B | 3.1B | 3.6B | 2.9B | |
Other Liab | 399.4M | 424.8M | 442.3M | 445.7M | 512.6M | 355.4M | |
Net Tangible Assets | 2.5B | 2.6B | 2.6B | 2.2B | 2.5B | 2.1B | |
Other Assets | 80.5M | 87.6M | 91.4M | 82.2M | 94.5M | 99.2M | |
Long Term Debt | 275M | 0.0 | 11.9M | 180.0M | 697M | 731.9M | |
Long Term Investments | 70.6M | 84.3M | 71.6M | 78.7M | 123.3M | 0.0 | |
Property Plant Equipment | 2.5B | 2.4B | 2.3B | 2.2B | 2.6B | 1.9B | |
Long Term Debt Total | 302.0M | 20.7M | 31.8M | 199.5M | 229.4M | 240.9M | |
Capital Lease Obligations | 41.2M | 33.6M | 30.6M | 33.1M | 97.9M | 102.8M |
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When determining whether Pan American Silver is a strong investment it is important to analyze Pan American's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pan American's future performance. For an informed investment choice regarding Pan Stock, refer to the following important reports: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 board of governors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.