Ambev Other Current Liab vs Cash And Short Term Investments Analysis

ABEV Stock

USD 2.24 0.04 1.82%

Ambev SA financial indicator trend analysis is way more than just evaluating Ambev SA ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ambev SA ADR is a good investment. Please check the relationship between Ambev SA Other Current Liab and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambev SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Other Current Liab vs Cash And Short Term Investments

Other Current Liab vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ambev SA ADR Other Current Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.

The correlation between Ambev SA's Other Current Liab and Cash And Short Term Investments is 0.26. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Ambev SA ADR, assuming nothing else is changed. The correlation between historical values of Ambev SA's Other Current Liab and Cash 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 Other Current Liab of Ambev SA ADR are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Liab i.e., Ambev SA's Other Current Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.26

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Other Current Liab

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Ambev SA ADR balance sheet. This account contains Ambev SA investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Ambev SA ADR fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Ambev SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ambev SA ADR 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambev SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Selling General Administrative is likely to climb to about 5.5 B in 2024, whereas Tax Provision is likely to drop slightly above 71.7 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	37.2B	39.3B	37.6B	20.0B
Total Revenue	72.9B	79.7B	79.7B	83.7B

Gross Profit Total Revenue

Ambev SA fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Retained Earnings	Intangible Assets	Other Liab
Total Assets		0.42	0.42	0.97	1.0	0.99	-0.91	0.94	0.94	1.0	0.92	0.93	0.69	0.64	0.23	0.86	0.94	0.01	-0.16	0.63	0.86	1.0	0.11	0.73	0.91	0.86
Short Long Term Debt Total	0.42		0.03	0.47	0.38	0.4	-0.21	0.39	0.41	0.4	0.22	0.41	0.51	0.46	0.11	0.35	0.33	-0.22	0.05	0.17	0.23	0.45	0.82	0.3	0.36	0.29
Other Current Liab	0.42	0.03		0.55	0.37	0.43	-0.32	0.3	0.32	0.42	0.37	0.26	0.43	0.36	-0.34	0.18	0.38	0.75	-0.53	0.72	0.43	0.42	0.02	-0.04	0.34	0.32
Total Current Liabilities	0.97	0.47	0.55		0.95	0.97	-0.84	0.89	0.9	0.97	0.87	0.88	0.7	0.67	0.17	0.77	0.91	0.09	-0.24	0.66	0.86	0.98	0.19	0.63	0.88	0.8
Total Stockholder Equity	1.0	0.38	0.37	0.95		0.99	-0.91	0.96	0.94	1.0	0.93	0.93	0.67	0.62	0.25	0.86	0.94	-0.04	-0.11	0.59	0.86	0.99	0.08	0.75	0.91	0.87
Property Plant And Equipment Net	0.99	0.4	0.43	0.97	0.99		-0.87	0.92	0.9	0.99	0.91	0.9	0.73	0.65	0.22	0.86	0.94	0.02	-0.2	0.65	0.85	0.99	0.1	0.74	0.92	0.86
Net Debt	-0.91	-0.21	-0.32	-0.84	-0.91	-0.87		-0.88	-0.98	-0.9	-0.83	-0.97	-0.56	-0.53	-0.26	-0.84	-0.8	-0.02	0.26	-0.58	-0.73	-0.92	0.12	-0.69	-0.82	-0.72
Accounts Payable	0.94	0.39	0.3	0.89	0.96	0.92	-0.88		0.91	0.94	0.9	0.91	0.6	0.59	0.28	0.8	0.93	-0.07	-0.05	0.53	0.87	0.94	0.06	0.75	0.85	0.8
Cash	0.94	0.41	0.32	0.9	0.94	0.9	-0.98	0.91		0.93	0.83	0.99	0.61	0.58	0.26	0.84	0.82	-0.03	-0.21	0.56	0.74	0.96	0.07	0.69	0.82	0.74
Non Current Assets Total	1.0	0.4	0.42	0.97	1.0	0.99	-0.9	0.94	0.93		0.93	0.92	0.69	0.63	0.23	0.86	0.94	0.01	-0.15	0.62	0.86	0.99	0.11	0.73	0.91	0.87
Non Currrent Assets Other	0.92	0.22	0.37	0.87	0.93	0.91	-0.83	0.9	0.83	0.93		0.85	0.49	0.46	0.44	0.82	0.95	0.04	-0.09	0.59	0.88	0.9	-0.04	0.76	0.86	0.91
Cash And Short Term Investments	0.93	0.41	0.26	0.88	0.93	0.9	-0.97	0.91	0.99	0.92	0.85		0.57	0.56	0.37	0.85	0.83	-0.07	-0.2	0.54	0.74	0.95	0.07	0.73	0.82	0.74
Net Receivables	0.69	0.51	0.43	0.7	0.67	0.73	-0.56	0.6	0.61	0.69	0.49	0.57		0.69	-0.14	0.74	0.54	0.24	-0.4	0.75	0.39	0.7	0.34	0.6	0.78	0.59
Common Stock Shares Outstanding	0.64	0.46	0.36	0.67	0.62	0.65	-0.53	0.59	0.58	0.63	0.46	0.56	0.69		-0.05	0.52	0.52	0.13	-0.33	0.54	0.4	0.65	0.39	0.59	0.58	0.52
Short Term Investments	0.23	0.11	-0.34	0.17	0.25	0.22	-0.26	0.28	0.26	0.23	0.44	0.37	-0.14	-0.05		0.31	0.31	-0.26	0.08	0.02	0.25	0.24	0.03	0.51	0.23	0.27
Non Current Liabilities Total	0.86	0.35	0.18	0.77	0.86	0.86	-0.84	0.8	0.84	0.86	0.82	0.85	0.74	0.52	0.31		0.78	0.02	-0.25	0.68	0.59	0.86	0.04	0.87	0.91	0.84
Inventory	0.94	0.33	0.38	0.91	0.94	0.94	-0.8	0.93	0.82	0.94	0.95	0.83	0.54	0.52	0.31	0.78		-0.08	-0.02	0.53	0.94	0.92	0.0	0.7	0.88	0.84
Other Current Assets	0.01	-0.22	0.75	0.09	-0.04	0.02	-0.02	-0.07	-0.03	0.01	0.04	-0.07	0.24	0.13	-0.26	0.02	-0.08		-0.66	0.69	-0.09	0.01	-0.05	-0.1	-0.03	0.09
Other Stockholder Equity	-0.16	0.05	-0.53	-0.24	-0.11	-0.2	0.26	-0.05	-0.21	-0.15	-0.09	-0.2	-0.4	-0.33	0.08	-0.25	-0.02	-0.66		-0.66	0.08	-0.22	0.06	-0.16	-0.16	-0.07
Total Liab	0.63	0.17	0.72	0.66	0.59	0.65	-0.58	0.53	0.56	0.62	0.59	0.54	0.75	0.54	0.02	0.68	0.53	0.69	-0.66		0.41	0.64	0.06	0.51	0.68	0.6
Property Plant And Equipment Gross	0.86	0.23	0.43	0.86	0.86	0.85	-0.73	0.87	0.74	0.86	0.88	0.74	0.39	0.4	0.25	0.59	0.94	-0.09	0.08	0.41		0.83	-0.09	0.53	0.77	0.72
Total Current Assets	1.0	0.45	0.42	0.98	0.99	0.99	-0.92	0.94	0.96	0.99	0.9	0.95	0.7	0.65	0.24	0.86	0.92	0.01	-0.22	0.64	0.83		0.13	0.73	0.9	0.83
Short Term Debt	0.11	0.82	0.02	0.19	0.08	0.1	0.12	0.06	0.07	0.11	-0.04	0.07	0.34	0.39	0.03	0.04	0.0	-0.05	0.06	0.06	-0.09	0.13		0.11	0.06	0.15
Retained Earnings	0.73	0.3	-0.04	0.63	0.75	0.74	-0.69	0.75	0.69	0.73	0.76	0.73	0.6	0.59	0.51	0.87	0.7	-0.1	-0.16	0.51	0.53	0.73	0.11		0.78	0.8
Intangible Assets	0.91	0.36	0.34	0.88	0.91	0.92	-0.82	0.85	0.82	0.91	0.86	0.82	0.78	0.58	0.23	0.91	0.88	-0.03	-0.16	0.68	0.77	0.9	0.06	0.78		0.81
Other Liab	0.86	0.29	0.32	0.8	0.87	0.86	-0.72	0.8	0.74	0.87	0.91	0.74	0.59	0.52	0.27	0.84	0.84	0.09	-0.07	0.6	0.72	0.83	0.15	0.8	0.81

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Ambev SA Account Relationship Matchups

Ambev SA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	101.7B	125.2B	138.6B	138.0B	135.1B	141.9B
Short Long Term Debt Total	3.1B	4.8B	3.1B	3.8B	3.5B	3.8B
Other Current Liab	1.9B	2.2B	2.8B	15.2B	15.6B	16.3B
Total Current Liabilities	25.0B	33.5B	38.9B	40.5B	41.0B	43.1B
Total Stockholder Equity	61.3B	73.8B	82.6B	82.0B	79.0B	82.9B
Property Plant And Equipment Net	22.6B	24.8B	29.2B	30.1B	26.6B	28.0B
Net Debt	(8.8B)	(12.3B)	(13.5B)	(11.1B)	(12.6B)	(11.9B)
Accounts Payable	15.1B	19.3B	25.1B	24.3B	21.3B	22.3B
Cash	11.9B	17.1B	16.6B	14.9B	16.1B	16.9B
Non Current Assets Total	74.1B	89.9B	100.0B	100.1B	98.6B	103.5B
Non Currrent Assets Other	6.8B	12.4B	14.4B	13.3B	11.9B	12.5B
Cash And Short Term Investments	11.9B	18.8B	18.5B	15.4B	16.3B	17.2B
Net Receivables	8.6B	7.6B	7.4B	8.2B	9.2B	4.8B
Common Stock Shares Outstanding	15.9B	15.9B	15.9B	15.8B	15.8B	15.7B
Short Term Investments	14.6M	1.7B	1.9B	454.5M	277.2M	459.7M
Liabilities And Stockholders Equity	101.7B	125.2B	138.6B	138.0B	135.1B	141.9B
Non Current Liabilities Total	14.2B	16.6B	15.7B	14.1B	14.0B	9.3B
Inventory	6.0B	7.6B	11.0B	12.9B	9.6B	10.1B
Other Current Assets	985.5M	850.1M	1.1B	1.0B	1.4B	1.7B
Other Stockholder Equity	(20.9B)	(25.9B)	(31.2B)	(14.8B)	(1.0B)	(1.1B)
Total Liab	39.2B	50.0B	54.6B	54.6B	55.0B	29.0B
Property Plant And Equipment Gross	22.6B	24.8B	68.4B	71.9B	69.9B	73.4B
Total Current Assets	27.6B	35.3B	38.6B	37.8B	36.6B	38.4B
Accumulated Other Comprehensive Income	3.4B	15.9B	24.6B	23.8B	4.4B	7.6B
Short Term Debt	653.1M	2.7B	847.1M	1.1B	1.3B	1.8B
Retained Earnings	20.9B	25.9B	31.2B	14.8B	17.4B	9.3B
Intangible Assets	6.3B	7.6B	8.7B	9.2B	10.0B	5.0B
Other Liab	11.8B	14.5B	13.5B	11.3B	13.0B	13.6B
Other Assets	20.0B	200K	100K	19.7B	22.7B	23.8B
Long Term Debt	697.8M	2.1B	2.3B	2.8B	391M	371.5M
Good Will	35.0B	40.0B	42.4B	40.6B	38.0B	25.7B
Common Stock	57.9B	57.9B	58.0B	58.1B	58.2B	41.5B
Property Plant Equipment	22.6B	24.8B	29.2B	30.1B	34.6B	36.3B
Current Deferred Revenue	7.4B	9.2B	10.1B	2.9B	3.3B	3.2B
Net Tangible Assets	20.0B	26.2B	31.5B	32.1B	37.0B	18.9B
Long Term Investments	467M	551.3M	498.1M	551M	531.3M	417.7M
Short Long Term Debt	217.1M	2.7B	847.1M	1.1B	151.2M	143.6M
Capital Lease Obligations	2.1B	2.1B	2.6B	3.1B	3.0B	1.6B

Pair Trading with Ambev SA

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 Ambev SA 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 Ambev SA will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ambev Stock

0.69

FMX

Fomento Economico

Pair Corr

Moving against Ambev Stock

0.78	BG	Bunge Limited	Pair Corr
0.63	BJ	BJs Wholesale Club	Pair Corr
0.6	K	Kellanova Earnings Call This Week	Pair Corr
0.58	CAG	ConAgra Foods Financial Report 11th of July 2024	Pair Corr
0.55	PPC	Pilgrims Pride Corp	Pair Corr

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

The correlation of Ambev SA 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 Ambev SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ambev SA ADR 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 Ambev SA 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 Tools for Ambev Stock Analysis

When running Ambev SA's price analysis, check to measure Ambev SA'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 Ambev SA is operating at the current time. Most of Ambev SA's value examination focuses on studying past and present price action to predict the probability of Ambev SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ambev SA's price. Additionally, you may evaluate how the addition of Ambev SA to your portfolios can decrease your overall portfolio volatility.

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