Cemex Long Term Debt vs Short Term Investments Analysis
CX Stock | USD 7.88 0.03 0.38% |
Cemex SAB financial indicator trend analysis is way more than just evaluating Cemex SAB de prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cemex SAB de is a good investment. Please check the relationship between Cemex SAB Long Term Debt and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cemex SAB de. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
Long Term Debt vs Short Term Investments
Long Term Debt vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cemex SAB de Long Term Debt account and Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cemex SAB's Long Term Debt and Short Term Investments is 0.42. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of Cemex SAB de, assuming nothing else is changed. The correlation between historical values of Cemex SAB's Long Term Debt 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 Long Term Debt of Cemex SAB de 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 Long Term Debt i.e., Cemex SAB's Long Term Debt and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Long Term Debt
Long-term debt is a debt that Cemex SAB de has held for over one year. Long-term debt appears on Cemex SAB de balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Cemex SAB de balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Short Term Investments
Short Term Investments is an item under the current assets section of Cemex SAB balance sheet. It contains any investments Cemex SAB de undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Cemex SAB de can easily liquidate in the marketplace.Most indicators from Cemex SAB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cemex SAB de 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 Cemex SAB de. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. At this time, Cemex SAB's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 624.7 M in 2024, whereas Discontinued Operations is likely to drop slightly above 200.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 693M | 26M | 575M | 546.3M | Depreciation And Amortization | 1.1B | 1.1B | 1.2B | 1.0B |
Cemex SAB fundamental ratios Correlations
Click cells to compare fundamentals
Cemex SAB Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cemex SAB fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 29.4B | 27.4B | 26.7B | 26.4B | 29.6B | 30.7B | |
Short Long Term Debt Total | 11.8B | 11.2B | 9.2B | 8.8B | 8.9B | 12.1B | |
Other Current Liab | 1.2B | 1.5B | 1.4B | 1.3B | 2.3B | 2.4B | |
Total Current Liabilities | 5.4B | 5.4B | 5.4B | 5.5B | 6.8B | 4.9B | |
Total Stockholder Equity | 9.3B | 8.1B | 9.8B | 10.5B | 11.1B | 10.1B | |
Property Plant And Equipment Net | 11.9B | 11.5B | 11.4B | 11.3B | 12.5B | 14.1B | |
Current Deferred Revenue | 225M | 201M | 257M | 293M | 384M | 364.8M | |
Net Debt | 11.0B | 10.2B | 8.5B | 8.3B | 8.3B | 11.4B | |
Retained Earnings | 1.6B | 2.6B | 3.4B | 4.2B | 4.4B | 4.3B | |
Accounts Payable | 2.5B | 2.6B | 2.8B | 3.0B | 3.1B | 1.7B | |
Cash | 788M | 950M | 613M | 495M | 624M | 684.4M | |
Non Current Assets Total | 24.8B | 23.2B | 22.4B | 21.9B | 24.6B | 26.5B | |
Non Currrent Assets Other | 199M | 249M | 226M | 318M | 81M | 77.0M | |
Cash And Short Term Investments | 788M | 950M | 613M | 495M | 624M | 759.6M | |
Net Receivables | 1.8B | 2.0B | 1.6B | 1.8B | 1.9B | 1.8B | |
Common Stock Shares Outstanding | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | 1.4B | |
Liabilities And Stockholders Equity | 29.4B | 27.4B | 26.7B | 26.4B | 29.6B | 31.2B | |
Non Current Liabilities Total | 13.1B | 13.1B | 11.0B | 10.0B | 11.4B | 14.1B | |
Inventory | 989M | 971M | 1.3B | 1.7B | 1.8B | 1.1B | |
Total Liab | 18.5B | 18.5B | 16.4B | 26.4B | 18.2B | 19.5B | |
Total Current Assets | 4.6B | 4.2B | 4.2B | 4.5B | 5.0B | 4.1B | |
Short Term Debt | 1.4B | 1.1B | 940M | 987M | 975M | 1.1B | |
Accumulated Other Comprehensive Income | (2.7B) | (2.5B) | (1.4B) | (1.6B) | (1.1B) | (1.1B) | |
Intangible Assets | 2.0B | 1.7B | 1.7B | 1.7B | 1.8B | 1.7B | |
Other Liab | 2.7B | 3.0B | 3.7B | 2.2B | 2.5B | 2.4B | |
Other Assets | 826M | 989M | 11.1B | 411.1M | 472.8M | 449.1M | |
Long Term Debt | 9.3B | 9.2B | 7.3B | 6.9B | 6.2B | 11.0B | |
Property Plant Equipment | 11.9B | 11.4B | 11.3B | 11.3B | 13.0B | 25.6B | |
Property Plant And Equipment Gross | 11.9B | 11.4B | 22.7B | 23.0B | 25.2B | 17.4B | |
Good Will | 9.6B | 8.5B | 8.0B | 7.5B | 7.7B | 8.1B | |
Net Tangible Assets | (2.3B) | (2.2B) | 9.8B | 1.2B | 1.4B | 1.5B | |
Long Term Investments | 518M | 536M | 552M | 648M | 733M | 696.4M | |
Short Long Term Debt | 582M | 179M | 73M | 729M | 703M | 667.9M | |
Capital Surpluse | 10.0B | 10.1B | 7.6B | 7.5B | 8.6B | 8.3B |
Cemex SAB Investors Sentiment
The influence of Cemex SAB's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cemex. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cemex SAB's public news can be used to forecast risks associated with an investment in Cemex. The trend in average sentiment can be used to explain how an investor holding Cemex can time the market purely based on public headlines and social activities around Cemex SAB de. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cemex SAB's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cemex SAB's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cemex SAB's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cemex SAB.
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 Cemex SAB 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, Cemex SAB's short interest history, or implied volatility extrapolated from Cemex SAB options trading.
Pair Trading with Cemex SAB
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 Cemex SAB 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 Cemex SAB will appreciate offsetting losses from the drop in the long position's value.Moving together with Cemex Stock
0.66 | BCC | Boise Cascad Llc Earnings Call This Week | PairCorr |
Moving against Cemex Stock
0.52 | RETO | ReTo Eco Solutions Report 6th of May 2024 | PairCorr |
0.41 | X | United States Steel | PairCorr |
The ability to find closely correlated positions to Cemex SAB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cemex SAB 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 Cemex SAB - 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 Cemex SAB de to buy it.
The correlation of Cemex SAB 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 Cemex SAB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cemex SAB de 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 Cemex SAB 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cemex SAB de. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Cemex Stock analysis
When running Cemex SAB's price analysis, check to measure Cemex SAB'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 Cemex SAB is operating at the current time. Most of Cemex SAB's value examination focuses on studying past and present price action to predict the probability of Cemex SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cemex SAB's price. Additionally, you may evaluate how the addition of Cemex SAB to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
Is Cemex SAB'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 Cemex SAB. If investors know Cemex 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 Cemex SAB 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 0.134 | Earnings Share 0.14 | Revenue Per Share 11.92 | Quarterly Revenue Growth 0.025 | Return On Assets 0.0468 |
The market value of Cemex SAB de is measured differently than its book value, which is the value of Cemex that is recorded on the company's balance sheet. Investors also form their own opinion of Cemex SAB's value that differs from its market value or its book value, called intrinsic value, which is Cemex SAB'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 Cemex SAB's market value can be influenced by many factors that don't directly affect Cemex SAB'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 Cemex SAB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cemex SAB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cemex SAB'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.