Srinivasan Venkatakrishnan - AngloGold Ashanti CEO, Executive Director

AU Stock  USD 22.20  0.21  0.95%   

CEO

Mr. Srinivasan Venkatakrishnan is no longer Chief Executive Officer, Executive Director of the Company, effective August 31, 2018. He was appointed CEO on 8 May 2013, after holding the position of joint acting CEO from April of that year. He was previously Chief Financial Officer at Ashanti Goldfields until its merger with AngloGold in May 2004, creating what is now AngloGold Ashanti. Venkat became CFO of the combined entity shortly after the merger and joined the board on 1 August 2005. He is chairman of the Executive Committee and also a member of the Social, Ethics and Sustainability Committee. In his role as CFO, he oversaw funding for all of AngloGold Ashantis operating activities, giving him a detailed knowledge of all of our mines and operating jurisdictions. He is a member of the Financial Reporting Investigation Panel, an advisory panel of the JSE. He was the executive responsible for eliminating a 12Moz hedge book, generating significant value for the company, and was the key executive behind rebuilding the balance sheet through a series of successful debt financings that introduced longterm tenor and more favourable funding terms to the companys credit profile. During Venkats first year as CEO of AngloGold Ashanti, two new mines were commissioned on time and ahead of budget, the company achieved its best ever safety performance and a significant restructuring was undertaken of operating and overhead costs in order to focus the business on delivery of sustainable free cash flow and returns. Venkat was also previously a director of corporate reorganisation services at Deloitte Touche in London.
Age 52
Address 6363 S Fiddlers Green, Greenwood, CO, United States, 80111
Phone303-889-0700
Webhttps://www.anglogoldashanti.com

AngloGold Ashanti Management Efficiency

The company has Return on Asset (ROA) of 0.0215 % which means that for every $100 of assets, it generated a profit of $0.0215. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0564) %, which implies that it produced no returns to current stockholders. AngloGold Ashanti's management efficiency ratios could be used to measure how well AngloGold Ashanti manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.07 in 2024. Return On Assets is likely to gain to 0.04 in 2024. At this time, AngloGold Ashanti's Total Current Liabilities is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 79.7 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 8.1 B in 2024.
The company reports 2.17 B of total liabilities with total debt to equity ratio (D/E) of 0.52, which is normal for its line of buisiness. AngloGold Ashanti Plc has a current ratio of 2.96, indicating that it is in good position to pay out its debt commitments in time. Debt can assist AngloGold Ashanti until it has trouble settling it off, either with new capital or with free cash flow. So, AngloGold Ashanti's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like AngloGold Ashanti Plc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for AngloGold to invest in growth at high rates of return. When we think about AngloGold Ashanti's use of debt, we should always consider it together with cash and equity.

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AngloGold Ashanti Limited operates as a gold mining company in Africa, the Americas, and Australia. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa. Anglogold Ashanti operates under Gold classification in the United States and is traded on New York Stock Exchange. AngloGold Ashanti Plc (AU) is traded on New York Stock Exchange in USA. It is located in 6363 S Fiddlers Green, Greenwood, CO, United States, 80111 and employs 53 people. AngloGold Ashanti is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

AngloGold Ashanti Plc Leadership Team

Elected by the shareholders, the AngloGold Ashanti's board of directors comprises two types of representatives: AngloGold Ashanti inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AngloGold. The board's role is to monitor AngloGold Ashanti's management team and ensure that shareholders' interests are well served. AngloGold Ashanti's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AngloGold Ashanti's outside directors are responsible for providing unbiased perspectives on the board's policies.
BA BA, CEO Director
Sabrina Brockman, IR Contact Officer
Srinivasan Visvanathan, CEO, Executive Director
Nozipho JanuaryBardill, Independent Non-Executive Director
Kelvin Dushnisky, Chief Executive Officer, Executive Director
Tirelo Sibisi, Executive Vice President - Group Human Resources
Maria Richter, Non-Executive Independent Director
Lucy Mokoka, Company Secretary
Terry BSc, Chief Officer
Marcelo Godoy, Chief Technology Officer
Srinivasan Venkatakrishnan, CEO, Executive Director
Charles Carter, Executive Vice President - Strategy and Business Development
Ian CA, Interim Officer
Rhidwaan Gasant, Lead Non-Executive Independent Director
Gerry Arnat, Managing Karibib
Michael Erickson, Senior Australia
Sipho Pityana, Non-Executive Independent Chairman of the Board
Alberto Calderon, Chief Executive Officer
Michael Kirkwood, Independent Non-Executive Director
Scott Lawson, Non-Executive Independent Director
Rodney Ruston, Independent Non-Executive Director
Chris Sheppard, Chief Operating Officer, South Africa
Lizelle Marwick, Executive Vice President Chief Compliance Officer, General Counsel, Interim Company Secretary
LLM LLB, Chief Officer
John Staples, Group's Chief Accounting Officer
Sicelo Ntuli, Chief Operating Officer, Executive Vice President, Africa Operations
Italia Boninelli, Executive Vice President - People and Organisational Development
Maria Perez, Executive Vice President - Legal, Commercial and Governance and Company Secretary
Albert Garner, Non-Executive Independent Director
Ludwig Eybers, Deputy Chief Operating Officer - International
Richard Jordinson, Chief Officer
Graham Ehm, Executive Vice President - Group Planning and Technical
Ron Largent, COO, International
Sindiswa Zilwa, Independent Non-Executive Director
Christine Ramon, Interim Chief Executive Officer, Executive Director
Kojo Busia, Independent Non-Executive Director
Ludwig BSc, Chief Officer
Ian Kramer, Interim Chief Financial Officer
Lisa Ali, Chief People Officer
Maria Ramos, Non-Executive Independent Chairman of the Board
David Noko, Executive Vice President - Sustainability
Leeanne Goliath, Company Secretary
Terry Briggs, Chief Chief Development Officer
Pierre Chenard, Executive Vice President
Alan Ferguson, Independent Non-Executive Director
Stewart Bailey, Executive Vice President - Corporate Affairs and Sustainability
David Hodgson, Non-Executive Independent Director
Lumkile Nkuhlu, Lead Independent Non-Executive Director
Gillian FCCA, Executive CFO
Jochen Tilk, Non-Executive Independent Director
BA JD, Chief Officer
MBA MBA, Ex HR
Nelisiwe Magubane, Non-Executive Independent Director

AngloGold Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is AngloGold Ashanti a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AngloGold Ashanti in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AngloGold Ashanti's short interest history, or implied volatility extrapolated from AngloGold Ashanti options trading.

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 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running AngloGold Ashanti's price analysis, check to measure AngloGold Ashanti'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 AngloGold Ashanti is operating at the current time. Most of AngloGold Ashanti's value examination focuses on studying past and present price action to predict the probability of AngloGold Ashanti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AngloGold Ashanti's price. Additionally, you may evaluate how the addition of AngloGold Ashanti to your portfolios can decrease your overall portfolio volatility.
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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)
Earnings Share
0.1
Revenue Per Share
10.881
Quarterly Revenue Growth
0.021
Return On Assets
0.0215
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.