Ternium Cash vs Total Current Liabilities Analysis

TX Stock

USD 42.05 0.39 0.92%

Ternium SA financial indicator trend analysis is much more than just breaking down Ternium SA ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ternium SA ADR is a good investment. Please check the relationship between Ternium SA Cash and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ternium 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 interest.

Cash vs Total Current Liabilities

Cash vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ternium SA ADR Cash account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ternium SA's Cash and Total Current Liabilities is 0.53. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Ternium SA ADR, assuming nothing else is changed. The correlation between historical values of Ternium SA's Cash and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Ternium SA ADR are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Cash i.e., Ternium SA's Cash and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.53

Relationship Direction	Positive
Relationship Strength	Weak

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Cash

Cash refers to the most liquid asset of Ternium SA ADR, which is listed under current asset account on Ternium SA ADR balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ternium SA customers. The amounts must be unrestricted with restricted cash listed in a different Ternium SA account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Total Current Liabilities

Total Current Liabilities is an item on Ternium SA balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Ternium SA ADR are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most indicators from Ternium SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ternium 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Ternium 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 interest.

At this time, Ternium SA's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 4.41 in 2024, whereas Tax Provision is likely to drop slightly above 180.5 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	27.0M	46.7M	125.4M	96.7M
Depreciation And Amortization	1.1B	816.8M	710.7M	549.0M

Interest Expense Depreciation And Amortization

Ternium SA fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment	Retained Earnings
Total Assets		0.46	0.34	0.88	0.85	0.34	0.91	-0.12	0.75	0.66	0.94	0.32	0.15	0.31	0.7	0.73	0.72	0.82	-0.51	0.79	0.8	0.8	0.23	0.03	0.88	0.94
Short Long Term Debt Total	0.46		-0.14	0.62	0.3	0.52	0.59	0.67	0.4	0.1	0.64	0.37	0.47	0.86	0.09	0.71	0.03	0.43	-0.67	0.79	0.19	0.29	0.69	0.33	0.6	0.32
Other Current Liab	0.34	-0.14		0.15	0.49	0.19	0.3	-0.13	0.55	-0.08	0.36	0.31	-0.06	-0.1	0.32	0.11	0.55	0.48	0.15	0.2	0.57	0.46	-0.3	-0.61	0.27	0.37
Total Current Liabilities	0.88	0.62	0.15		0.68	0.33	0.78	0.1	0.64	0.53	0.83	0.19	0.11	0.31	0.54	0.79	0.53	0.76	-0.6	0.82	0.65	0.68	0.6	0.11	0.75	0.78
Total Stockholder Equity	0.85	0.3	0.49	0.68		0.18	0.78	-0.34	0.9	0.66	0.76	0.19	-0.02	0.11	0.9	0.65	0.93	0.95	-0.4	0.56	0.97	0.96	0.07	0.03	0.76	0.83
Other Liab	0.34	0.52	0.19	0.33	0.18		0.59	0.53	0.21	-0.18	0.5	0.72	0.85	0.58	-0.1	0.4	-0.03	0.23	-0.46	0.56	0.15	0.11	0.09	-0.15	0.61	0.34
Property Plant And Equipment Net	0.91	0.59	0.3	0.78	0.78	0.59		0.14	0.69	0.43	0.97	0.4	0.41	0.5	0.52	0.79	0.57	0.73	-0.65	0.79	0.7	0.67	0.16	-0.07	1.0	0.91
Net Debt	-0.12	0.67	-0.13	0.1	-0.34	0.53	0.14		-0.19	-0.65	0.19	0.25	0.55	0.71	-0.63	0.23	-0.57	-0.21	-0.37	0.34	-0.39	-0.4	0.43	-0.15	0.17	-0.16
Accounts Payable	0.75	0.4	0.55	0.64	0.9	0.21	0.69	-0.19		0.52	0.72	0.3	-0.06	0.24	0.82	0.63	0.86	0.95	-0.27	0.68	0.9	0.94	0.13	0.05	0.65	0.62
Cash	0.66	0.1	-0.08	0.53	0.66	-0.18	0.43	-0.65	0.52		0.41	0.03	-0.22	-0.08	0.85	0.39	0.68	0.59	-0.22	0.34	0.61	0.71	0.13	0.54	0.4	0.58
Non Current Assets Total	0.94	0.64	0.36	0.83	0.76	0.5	0.97	0.19	0.72	0.41		0.38	0.3	0.54	0.5	0.81	0.55	0.75	-0.63	0.85	0.68	0.67	0.27	-0.07	0.95	0.88
Non Currrent Assets Other	0.32	0.37	0.31	0.19	0.19	0.72	0.4	0.25	0.3	0.03	0.38		0.76	0.59	0.07	0.04	0.1	0.26	0.06	0.61	0.21	0.22	-0.14	-0.03	0.39	0.21
Other Assets	0.15	0.47	-0.06	0.11	-0.02	0.85	0.41	0.55	-0.06	-0.22	0.3	0.76		0.67	-0.26	0.09	-0.24	0.0	-0.28	0.43	-0.06	-0.1	-0.04	-0.06	0.45	0.18
Long Term Debt	0.31	0.86	-0.1	0.31	0.11	0.58	0.5	0.71	0.24	-0.08	0.54	0.59	0.67		-0.12	0.44	-0.16	0.2	-0.44	0.71	-0.01	0.08	0.27	0.23	0.52	0.18
Cash And Short Term Investments	0.7	0.09	0.32	0.54	0.9	-0.1	0.52	-0.63	0.82	0.85	0.5	0.07	-0.26	-0.12		0.44	0.95	0.84	-0.16	0.39	0.9	0.94	0.03	0.26	0.49	0.64
Common Stock Shares Outstanding	0.73	0.71	0.11	0.79	0.65	0.4	0.79	0.23	0.63	0.39	0.81	0.04	0.09	0.44	0.44		0.41	0.69	-0.88	0.67	0.53	0.58	0.55	0.24	0.78	0.68
Short Term Investments	0.72	0.03	0.55	0.53	0.93	-0.03	0.57	-0.57	0.86	0.68	0.55	0.1	-0.24	-0.16	0.95	0.41		0.86	-0.1	0.38	0.96	0.94	-0.06	-0.04	0.53	0.69
Inventory	0.82	0.43	0.48	0.76	0.95	0.23	0.73	-0.21	0.95	0.59	0.75	0.26	0.0	0.2	0.84	0.69	0.86		-0.39	0.69	0.95	0.97	0.24	0.1	0.7	0.73
Other Current Assets	-0.51	-0.67	0.15	-0.6	-0.4	-0.46	-0.65	-0.37	-0.27	-0.22	-0.63	0.06	-0.28	-0.44	-0.16	-0.88	-0.1	-0.39		-0.43	-0.24	-0.27	-0.54	-0.27	-0.69	-0.56
Total Liab	0.79	0.79	0.2	0.82	0.56	0.56	0.79	0.34	0.68	0.34	0.85	0.61	0.43	0.71	0.39	0.67	0.38	0.69	-0.43		0.53	0.59	0.43	0.13	0.76	0.6
Property Plant And Equipment Gross	0.8	0.19	0.57	0.65	0.97	0.15	0.7	-0.39	0.9	0.61	0.68	0.21	-0.06	-0.01	0.9	0.53	0.96	0.95	-0.24	0.53		0.97	0.03	-0.08	0.67	0.78
Total Current Assets	0.8	0.29	0.46	0.68	0.96	0.11	0.67	-0.4	0.94	0.71	0.67	0.22	-0.1	0.08	0.94	0.58	0.94	0.97	-0.27	0.59	0.97		0.13	0.14	0.63	0.71
Short Term Debt	0.23	0.69	-0.3	0.6	0.07	0.09	0.16	0.43	0.13	0.13	0.27	-0.14	-0.04	0.27	0.03	0.55	-0.06	0.24	-0.54	0.43	0.03	0.13		0.37	0.16	0.1
Intangible Assets	0.03	0.33	-0.61	0.11	0.03	-0.15	-0.07	-0.15	0.05	0.54	-0.07	-0.03	-0.06	0.23	0.26	0.24	-0.04	0.1	-0.27	0.13	-0.08	0.14	0.37		-0.06	-0.12
Property Plant Equipment	0.88	0.6	0.27	0.75	0.76	0.61	1.0	0.17	0.65	0.4	0.95	0.39	0.45	0.52	0.49	0.78	0.53	0.7	-0.69	0.76	0.67	0.63	0.16	-0.06		0.9
Retained Earnings	0.94	0.32	0.37	0.78	0.83	0.34	0.91	-0.16	0.62	0.58	0.88	0.21	0.18	0.18	0.64	0.68	0.69	0.73	-0.56	0.6	0.78	0.71	0.1	-0.12	0.9

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Ternium SA Account Relationship Matchups

Ternium SA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.9B	12.9B	17.1B	17.5B	24.2B	12.4B
Short Long Term Debt Total	2.5B	2.0B	1.7B	1.3B	2.4B	2.2B
Other Current Liab	30.0M	25.7M	20.5M	481.1M	439.4M	461.4M
Total Current Liabilities	1.8B	1.9B	3.2B	2.2B	3.8B	2.0B
Total Stockholder Equity	6.6B	7.3B	10.5B	11.8B	12.5B	13.1B
Other Liab	1.5B	980.1M	777.4M	783.5M	901.0M	667.2M
Property Plant And Equipment Net	6.7B	6.6B	6.6B	6.4B	8.0B	5.5B
Net Debt	2.0B	1.5B	462.1M	(382.3M)	542.9M	515.7M
Accounts Payable	876.8M	1.0B	1.1B	1.2B	2.2B	2.4B
Cash	519.9M	537.8M	1.3B	1.7B	1.9B	932.2M
Non Current Assets Total	8.8B	8.3B	8.5B	8.6B	12.2B	7.4B
Non Currrent Assets Other	593.5M	243.3M	178.0M	318.7M	503.1M	314.0M
Other Assets	757M	402.0M	338.8M	202M	1.0	0.95
Long Term Debt	1.6B	1.3B	656.5M	533M	1.2B	1.0B
Cash And Short Term Investments	732.2M	1.4B	2.6B	3.5B	3.8B	4.0B
Short Term Investments	212.3M	813.5M	1.3B	1.9B	2.0B	2.1B
Liabilities And Stockholders Equity	12.9B	12.9B	17.1B	17.5B	24.2B	12.4B
Inventory	2.2B	2.0B	3.9B	3.5B	5.0B	5.3B
Other Current Assets	3.4M	6.6M	6.3M	2M	50.5M	71.6M
Total Liab	5.2B	4.4B	4.9B	3.7B	7.4B	4.8B
Property Plant And Equipment Gross	6.5B	6.6B	14.1B	14.3B	16.2B	17.0B
Total Current Assets	4.2B	4.6B	8.6B	8.8B	12.1B	12.7B
Short Term Debt	600.3M	438.1M	866.9M	548.2M	995.1M	783.6M
Intangible Assets	157.5M	107.4M	87.2M	121.1M	190.8M	311.4M
Property Plant Equipment	6.5B	6.5B	6.4B	6.3B	7.2B	5.3B
Retained Earnings	8.5B	9.3B	12.6B	13.8B	13.9B	7.1B
Net Receivables	1.3B	1.2B	2.1B	1.8B	3.2B	3.3B
Non Current Liabilities Total	3.5B	2.6B	1.6B	1.5B	3.6B	2.0B
Accumulated Other Comprehensive Income	(1.4B)	(1.5B)	(1.5B)	(1.5B)	(3.3B)	(3.4B)
Current Deferred Revenue	261.0M	340.5M	1.2B	137.3M	123.6M	117.4M
Long Term Investments	516.9M	474.2M	818.8M	923M	728.2M	526.9M
Short Long Term Debt	559.8M	395.6M	822.6M	499M	24.5M	23.2M
Net Tangible Assets	5.7B	6.4B	9.6B	10.9B	12.5B	6.4B
Long Term Debt Total	1.9B	1.6B	871.8M	723M	831.5M	1.3B
Non Current Liabilities Other	30.6M	551.8M	506.8M	539M	28.6M	27.2M

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Ternium Cash vs Total Current Liabilities Analysis

Cash vs Total Current Liabilities

Cash vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Cash

Total Current Liabilities

Ternium SA fundamental ratios Correlations

Ternium SA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ternium SA fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.97	Total Stockholder Equity
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Total Current Assets	+ 0.97	Inventory
Total Current Assets	+ 0.97	Property Plant And Equipment Gross
Total Current Assets	+ 0.96	Total Stockholder Equity

Other Current Assets	- 0.88	Common Stock Shares Outstanding
Property Plant Equipment	- 0.69	Other Current Assets
Other Current Assets	- 0.67	Short Long Term Debt Total
Cash	- 0.65	Net Debt
Other Current Assets	- 0.65	Property Plant And Equipment Net
Other Current Assets	- 0.63	Non Current Assets Total