Ambev Non Current Liabilities Total vs Total Current Liabilities Analysis
ABEV Stock | USD 2.32 0.02 0.85% |
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 Non Current Liabilities Total and its Total Current Liabilities 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 tightly coupled with the direction of predictive economic indicators such as signals in income.
Non Current Liabilities Total vs Total Current Liabilities
Non Current Liabilities Total vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ambev SA ADR Non Current Liabilities Total account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ambev SA's Non Current Liabilities Total and Total Current Liabilities is 0.77. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Liabilities 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 Non Current Liabilities Total 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 Non Current Liabilities Total of Ambev 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 Non Current Liabilities Total i.e., Ambev SA's Non Current Liabilities Total and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Current Liabilities Total
Total Current Liabilities
Total Current Liabilities is an item on Ambev 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 Ambev 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 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 tightly coupled 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 |
Ambev SA fundamental ratios Correlations
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Ambev SA Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
0.78 | LW | Lamb Weston Holdings Financial Report 23rd of July 2024 | PairCorr |
0.63 | BUD | Anheuser Busch Inbev | PairCorr |
Moving against Ambev Stock
0.84 | BG | Bunge Limited | PairCorr |
0.82 | TSN | Tyson Foods Financial Report 13th of May 2024 | PairCorr |
0.8 | CAG | ConAgra Foods Financial Report 11th of July 2024 | PairCorr |
0.79 | GIS | General Mills Financial Report 26th of June 2024 | PairCorr |
0.74 | MKC | McCormick Company Financial Report 4th of July 2024 | PairCorr |
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.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 tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Ambev SA ADR information on this page should be used as a complementary analysis to other Ambev SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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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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Is Ambev SA'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 Ambev SA. If investors know Ambev 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 Ambev SA 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 (0.12) | Dividend Share 0.73 | Earnings Share 0.18 | Revenue Per Share 5.064 | Quarterly Revenue Growth (0.12) |
The market value of Ambev SA ADR is measured differently than its book value, which is the value of Ambev that is recorded on the company's balance sheet. Investors also form their own opinion of Ambev SA's value that differs from its market value or its book value, called intrinsic value, which is Ambev SA'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 Ambev SA's market value can be influenced by many factors that don't directly affect Ambev SA'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 Ambev SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ambev SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ambev SA'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.