Pan Property Plant And Equipment Net vs Short Term Investments Analysis

PAAS Stock  USD 22.58  0.33  1.44%   
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 Property Plant And Equipment Net and its Short Term Investments 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 nation.

Property Plant And Equipment Net vs Short Term Investments

Property Plant And Equipment Net vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pan American Silver Property Plant And Equipment Net account and Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Pan American's Property Plant And Equipment Net and Short Term Investments is -0.2. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Short Term Investments 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 Property Plant And Equipment Net and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Pan American Silver are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., Pan American's Property Plant And Equipment Net and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Short Term Investments

Short Term Investments is an item under the current assets section of Pan American balance sheet. It contains any investments Pan American Silver undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Pan American Silver can easily liquidate in the marketplace.
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 nation.
At this time, Pan American's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 64.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 133 K in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.3B1.4B2.0B2.1B
Other Operating Expenses1.3B1.6B2.2B2.3B

Pan American fundamental ratios Correlations

0.950.820.960.940.940.72-0.670.710.660.940.90.420.90.920.970.9-0.20.940.91-0.230.840.870.80.830.83
0.950.870.960.991.00.74-0.460.620.81.00.940.560.810.970.950.93-0.10.980.95-0.150.920.750.770.790.91
0.820.870.910.870.850.59-0.360.260.670.860.860.430.680.820.920.75-0.190.850.85-0.190.740.680.750.820.71
0.960.960.910.940.960.74-0.570.560.690.960.950.420.810.930.990.93-0.090.960.91-0.270.870.860.880.890.85
0.940.990.870.940.980.67-0.390.60.840.990.920.630.820.940.940.92-0.090.960.97-0.070.870.730.730.770.86
0.941.00.850.960.980.78-0.480.640.781.00.940.520.780.990.950.94-0.110.990.92-0.20.940.750.770.790.93
0.720.740.590.740.670.78-0.640.670.310.770.810.020.550.860.710.71-0.160.840.53-0.450.920.650.750.680.92
-0.67-0.46-0.36-0.57-0.39-0.48-0.64-0.66-0.02-0.48-0.460.29-0.55-0.54-0.59-0.450.47-0.55-0.320.62-0.52-0.72-0.57-0.51-0.52
0.710.620.260.560.60.640.67-0.660.350.630.580.220.760.660.570.6-0.160.650.56-0.110.680.570.440.420.68
0.660.80.670.690.840.780.31-0.020.350.780.650.870.560.720.680.730.130.720.870.160.650.360.370.40.64
0.941.00.860.960.991.00.77-0.480.630.780.940.520.790.980.950.93-0.120.990.93-0.20.930.760.780.80.93
0.90.940.860.950.920.940.81-0.460.580.650.940.410.780.930.930.89-0.030.950.87-0.20.910.790.880.90.89
0.420.560.430.420.630.520.020.290.220.870.520.410.460.430.40.470.350.430.740.620.370.040.060.130.35
0.90.810.680.810.820.780.55-0.550.760.560.790.780.460.740.840.71-0.160.770.860.030.670.730.630.690.65
0.920.970.820.930.940.990.86-0.540.660.720.980.930.430.740.920.91-0.131.00.86-0.290.980.740.780.770.98
0.970.950.920.990.940.950.71-0.590.570.680.950.930.40.840.920.88-0.210.950.91-0.280.840.860.850.890.83
0.90.930.750.930.920.940.71-0.450.60.730.930.890.470.710.910.880.110.930.85-0.220.860.810.830.80.86
-0.2-0.1-0.19-0.09-0.09-0.11-0.160.47-0.160.13-0.12-0.030.35-0.16-0.13-0.210.11-0.12-0.010.49-0.07-0.19-0.01-0.12-0.08
0.940.980.850.960.960.990.84-0.550.650.720.990.950.430.771.00.950.93-0.120.88-0.290.960.780.810.810.96
0.910.950.850.910.970.920.53-0.320.560.870.930.870.740.860.860.910.85-0.010.880.090.780.660.640.70.76
-0.23-0.15-0.19-0.27-0.07-0.2-0.450.62-0.110.16-0.2-0.20.620.03-0.29-0.28-0.220.49-0.290.09-0.3-0.5-0.48-0.37-0.32
0.840.920.740.870.870.940.92-0.520.680.650.930.910.370.670.980.840.86-0.070.960.78-0.30.660.750.711.0
0.870.750.680.860.730.750.65-0.720.570.360.760.790.040.730.740.860.81-0.190.780.66-0.50.660.930.920.66
0.80.770.750.880.730.770.75-0.570.440.370.780.880.060.630.780.850.83-0.010.810.64-0.480.750.930.970.74
0.830.790.820.890.770.790.68-0.510.420.40.80.90.130.690.770.890.8-0.120.810.7-0.370.710.920.970.7
0.830.910.710.850.860.930.92-0.520.680.640.930.890.350.650.980.830.86-0.080.960.76-0.321.00.660.740.7
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Pan American Account Relationship Matchups

Pan American fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding201.6M210.3M210.4M210.5M326.5M342.9M
Total Assets3.5B3.4B3.5B3.2B7.2B7.6B
Other Current Liab32.1M181.9M208.1M218.4M301M316.1M
Total Current Liabilities271.7M361.8M387.7M380.8M624.2M655.4M
Total Stockholder Equity2.5B2.6B2.6B2.2B4.8B5.0B
Property Plant And Equipment Net2.5B2.4B2.3B2.2B5.7B6.0B
Net Debt195.6M(133.5M)(237.7M)119.8M402M422.1M
Retained Earnings(754.7M)(623.0M)(598.0M)(1.0B)(1.3B)(1.2B)
Accounts Payable225.3M80.3M77.5M88.8M198.2M208.1M
Cash120.6M167.1M283.6M107.0M399.6M419.6M
Non Current Assets Total2.7B2.6B2.5B2.4B5.8B6.1B
Non Currrent Assets Other42.1M28.4M35.5M35.9M67.6M71.0M
Cash And Short Term Investments238.3M279.1M335.3M142.3M440.9M462.9M
Net Receivables186.0M149.8M148.4M176.6M200.9M210.9M
Liabilities And Stockholders Equity3.5B3.4B3.5B3.2B7.2B7.6B
Non Current Liabilities Total722.2M466.3M494.9M666.0M1.8B1.9B
Inventory346.5M406.2M500.5M471.6M711.6M747.2M
Other Current Assets16.8M21.9M17.0M13.9M36.6M38.4M
Other Stockholder Equity94.3M93.4M126.4K93.3M94M89.3M
Total Liab993.8M828.0M882.6M1.0B2.4B2.6B
Total Current Assets788.9M856.9M1.0B804.4M1.4B1.5B
Accumulated Other Comprehensive Income(2.7B)93.4M93.2M(3.0M)(30.3M)(31.8M)
Short Term Investments117.8M111.9M51.7M35.3M41.3M39.2M
Short Long Term Debt Total316.2M33.6M45.9M226.8M801.6M841.7M
Other Liab399.4M424.8M442.3M445.7M512.6M538.2M
Other Assets80.5M87.6M91.4M91.7M105.5M110.8M
Short Term Debt14.2M12.8M10.7M27.3M52.4M55.0M
Common Stock3.1B3.1B3.1B3.1B6.0B6.3B
Property Plant Equipment2.5B2.4B2.3B2.2B2.6B2.7B
Common Stock Total Equity2.3B2.3B3.1B3.1B3.6B2.7B
Net Tangible Assets2.5B2.6B2.6B2.2B2.5B2.1B
Long Term Investments70.6M84.3M71.6M78.7M123.3M0.0

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