Pan Total Stockholder Equity vs Property Plant And Equipment Net Analysis

PAAS Stock

CAD 28.54 0.73 2.62%

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 Stockholder Equity and its Property Plant And Equipment Net 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 Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pan American Silver Total Stockholder Equity account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Pan American's Total Stockholder Equity and Property Plant And Equipment Net is 0.98. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Property Plant And Equipment Net 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 Stockholder Equity and Property Plant And Equipment Net 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 Stockholder Equity of Pan American Silver are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Stockholder Equity i.e., Pan American's Total Stockholder Equity and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

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 20th of September 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	213.7M	224.4M
Cost Of Revenue	1.3B	1.4B	2.0B	2.1B

Total Operating Expenses Cost Of Revenue

Pan American fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Current Deferred Revenue	Short Term Investments	Short Term Debt	Short Long Term Debt Total	Common Stock
Common Stock Shares Outstanding		0.95	0.02	0.96	0.94	0.94	0.72	-0.67	0.71	0.66	0.94	0.9	0.42	0.9	0.92	0.97	0.87	-0.2	0.94	0.9	0.91	0.83	-0.23	0.5	0.84	0.83
Total Assets	0.95		-0.02	0.96	0.99	1.0	0.74	-0.46	0.62	0.8	1.0	0.94	0.56	0.81	0.97	0.95	0.92	-0.1	0.98	0.94	0.95	0.82	-0.15	0.5	0.92	0.79
Other Current Liab	0.02	-0.02		0.04	-0.02	-0.05	0.05	0.01	-0.16	-0.19	-0.03	0.06	-0.1	0.23	-0.04	0.1	-0.23	-0.08	-0.02	0.11	0.04	0.13	0.1	0.25	-0.03	0.02
Total Current Liabilities	0.96	0.96	0.04		0.94	0.96	0.74	-0.57	0.56	0.69	0.96	0.95	0.42	0.81	0.93	0.99	0.88	-0.1	0.96	0.96	0.91	0.9	-0.27	0.52	0.87	0.81
Total Stockholder Equity	0.94	0.99	-0.02	0.94		0.98	0.67	-0.39	0.6	0.84	0.99	0.92	0.63	0.82	0.94	0.94	0.9	-0.09	0.96	0.91	0.97	0.79	-0.07	0.49	0.87	0.79
Property Plant And Equipment Net	0.94	1.0	-0.05	0.96	0.98		0.78	-0.48	0.64	0.78	1.0	0.94	0.52	0.78	0.99	0.95	0.94	-0.11	0.99	0.94	0.92	0.82	-0.2	0.5	0.94	0.79
Net Debt	0.72	0.74	0.05	0.74	0.67	0.78		-0.64	0.67	0.31	0.77	0.81	0.02	0.55	0.86	0.71	0.75	-0.15	0.84	0.77	0.53	0.74	-0.45	0.46	0.92	0.59
Retained Earnings	-0.67	-0.46	0.01	-0.57	-0.39	-0.48	-0.64		-0.66	-0.02	-0.48	-0.46	0.29	-0.55	-0.54	-0.59	-0.44	0.46	-0.55	-0.53	-0.32	-0.51	0.62	-0.33	-0.52	-0.52
Accounts Payable	0.71	0.62	-0.16	0.56	0.6	0.64	0.67	-0.66		0.35	0.63	0.58	0.22	0.76	0.66	0.57	0.67	-0.14	0.65	0.49	0.56	0.42	-0.11	0.38	0.68	0.58
Cash	0.66	0.8	-0.19	0.69	0.84	0.78	0.31	-0.02	0.35		0.78	0.65	0.87	0.56	0.72	0.68	0.76	0.14	0.72	0.7	0.87	0.45	0.16	0.37	0.65	0.56
Non Current Assets Total	0.94	1.0	-0.03	0.96	0.99	1.0	0.77	-0.48	0.63	0.78		0.94	0.52	0.79	0.98	0.95	0.93	-0.12	0.99	0.94	0.93	0.83	-0.2	0.48	0.93	0.79
Non Currrent Assets Other	0.9	0.94	0.06	0.95	0.92	0.94	0.81	-0.46	0.58	0.65	0.94		0.41	0.78	0.93	0.93	0.86	-0.03	0.95	0.93	0.87	0.91	-0.2	0.51	0.91	0.77
Cash And Short Term Investments	0.42	0.56	-0.1	0.42	0.63	0.52	0.02	0.29	0.22	0.87	0.52	0.41		0.46	0.43	0.4	0.51	0.35	0.43	0.38	0.74	0.16	0.62	0.42	0.37	0.38
Net Receivables	0.9	0.81	0.23	0.81	0.82	0.78	0.55	-0.55	0.76	0.56	0.79	0.78	0.46		0.74	0.84	0.69	-0.16	0.77	0.72	0.86	0.67	0.03	0.51	0.67	0.75
Non Current Liabilities Total	0.92	0.97	-0.04	0.93	0.94	0.99	0.86	-0.54	0.66	0.72	0.98	0.93	0.43	0.74		0.92	0.94	-0.12	1.0	0.94	0.86	0.81	-0.29	0.49	0.98	0.76
Inventory	0.97	0.95	0.1	0.99	0.94	0.95	0.71	-0.59	0.57	0.68	0.95	0.93	0.4	0.84	0.92		0.83	-0.22	0.95	0.96	0.91	0.88	-0.28	0.5	0.84	0.81
Other Current Assets	0.87	0.92	-0.23	0.88	0.9	0.94	0.75	-0.44	0.67	0.76	0.93	0.86	0.51	0.69	0.94	0.83		0.13	0.93	0.86	0.83	0.77	-0.2	0.38	0.91	0.74
Other Stockholder Equity	-0.2	-0.1	-0.08	-0.1	-0.09	-0.11	-0.15	0.46	-0.14	0.14	-0.12	-0.03	0.35	-0.16	-0.12	-0.22	0.13		-0.12	-0.11	-0.02	-0.05	0.48	0.04	-0.06	-0.06
Total Liab	0.94	0.98	-0.02	0.96	0.96	0.99	0.84	-0.55	0.65	0.72	0.99	0.95	0.43	0.77	1.0	0.95	0.93	-0.12		0.96	0.88	0.85	-0.29	0.5	0.96	0.78
Property Plant And Equipment Gross	0.9	0.94	0.11	0.96	0.91	0.94	0.77	-0.53	0.49	0.7	0.94	0.93	0.38	0.72	0.94	0.96	0.86	-0.11	0.96		0.86	0.89	-0.36	0.49	0.89	0.76
Total Current Assets	0.91	0.95	0.04	0.91	0.97	0.92	0.53	-0.32	0.56	0.87	0.93	0.87	0.74	0.86	0.86	0.91	0.83	-0.02	0.88	0.86		0.71	0.09	0.55	0.78	0.77
Current Deferred Revenue	0.83	0.82	0.13	0.9	0.79	0.82	0.74	-0.51	0.42	0.45	0.83	0.91	0.16	0.67	0.81	0.88	0.77	-0.05	0.85	0.89	0.71		-0.41	0.28	0.77	0.73
Short Term Investments	-0.23	-0.15	0.1	-0.27	-0.07	-0.2	-0.45	0.62	-0.11	0.16	-0.2	-0.2	0.62	0.03	-0.29	-0.28	-0.2	0.48	-0.29	-0.36	0.09	-0.41		0.25	-0.3	-0.13
Short Term Debt	0.5	0.5	0.25	0.52	0.49	0.5	0.46	-0.33	0.38	0.37	0.48	0.51	0.42	0.51	0.49	0.5	0.38	0.04	0.5	0.49	0.55	0.28	0.25		0.52	0.58
Short Long Term Debt Total	0.84	0.92	-0.03	0.87	0.87	0.94	0.92	-0.52	0.68	0.65	0.93	0.91	0.37	0.67	0.98	0.84	0.91	-0.06	0.96	0.89	0.78	0.77	-0.3	0.52		0.7
Common Stock	0.83	0.79	0.02	0.81	0.79	0.79	0.59	-0.52	0.58	0.56	0.79	0.77	0.38	0.75	0.76	0.81	0.74	-0.06	0.78	0.76	0.77	0.73	-0.13	0.58	0.7

Click cells to compare fundamentals

Pan American Account Relationship Matchups

Pan American fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	153.5M	201.6M	210.3M	210.4M	326.5M	342.9M
Total Assets	3.5B	3.4B	3.5B	3.2B	7.2B	7.6B
Other Current Liab	32.1M	367K	351K	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	402M	422.1M
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	67.6M	71.0M
Cash And Short Term Investments	238.3M	279.1M	335.3M	142.3M	440.9M	462.9M
Net Receivables	186.0M	149.8M	148.4M	176.6M	200.9M	210.9M
Liabilities And Stockholders Equity	3.5B	3.4B	3.5B	3.2B	7.2B	7.6B
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	36.6M	38.4M
Other Stockholder Equity	94.3M	1.0	(1.0)	93.3M	94M	89.3M
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	94.3M	93.4M	93.4M	(3.0M)	(30.3M)	(28.8M)
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	52.4M	27.9M
Short Long Term Debt Total	316.2M	33.6M	45.9M	226.8M	801.6M	841.7M
Common Stock	3.1B	3.1B	3.1B	3.1B	6.0B	3.0B
Common Stock Total Equity	2.3B	2.3B	3.1B	3.1B	3.6B	2.7B
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

Pair Trading with Pan American

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 Pan American 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 Pan American will appreciate offsetting losses from the drop in the long position's value.

Moving together with Pan Stock

0.75	AG	First Majestic Silver	Pair Corr
0.72	IE	Ivanhoe Energy	Pair Corr
0.72	BBD-B	Bombardier	Pair Corr

Moving against Pan Stock

0.42	BCE	BCE Inc	Pair Corr
0.41	ENB	Enbridge	Pair Corr
0.33	TRP	TC Energy Corp	Pair Corr

The ability to find closely correlated positions to Pan American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pan American 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 Pan American - 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 Pan American Silver to buy it.

The correlation of Pan American 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 Pan American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pan American Silver 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 Pan American 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 Correlation Correlation Matching

Additional Information and Resources on Investing in Pan Stock

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:

How To Invest In Pan

Details

Is Pan Stock a good investment?

Details

What is Pan American's Net Worth?

Details

Largest Metals & Mining Companies

View

Largest Materials Companies

View

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 Stocks Directory module to find actively traded stocks across global markets.

Please note, there is a significant difference between Pan American's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pan American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pan American'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Pan Total Stockholder Equity vs Property Plant And Equipment Net Analysis

Total Stockholder Equity vs Property Plant And Equipment Net

Total Stockholder Equity vs Property Plant And Equipment Net Correlation Analysis

Correlation Coefficient

Total Stockholder Equity

Property Plant And Equipment Net

Pan American fundamental ratios Correlations

Pan American Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pan American fundamental ratios Accounts

Pair Trading with Pan American

Moving together with Pan Stock

Moving against Pan Stock

Additional Information and Resources on Investing in Pan Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Total Liab	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets
Inventory	+ 0.99	Total Current Liabilities

Retained Earnings	- 0.67	Common Stock Shares Outstanding
Accounts Payable	- 0.66	Retained Earnings
Retained Earnings	- 0.64	Net Debt
Inventory	- 0.59	Retained Earnings
Retained Earnings	- 0.57	Total Current Liabilities
Total Liab	- 0.55	Retained Earnings