Cemex Intangible Assets vs Net Tangible Assets Analysis

CX Stock

USD 8.27 0.09 1.10%

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 Intangible Assets and its Net Tangible Assets 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.

Intangible Assets vs Net Tangible Assets

Intangible Assets vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cemex SAB de Intangible Assets account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.

The correlation between Cemex SAB's Intangible Assets and Net Tangible Assets is 0.3. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Net Tangible Assets 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 Intangible Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Cemex SAB de are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Intangible Assets i.e., Cemex SAB's Intangible Assets and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

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	669.2M	635.7M
Depreciation And Amortization	1.1B	1.1B	1.2B	1.0B

Interest Expense Depreciation And Amortization

Cemex SAB fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Other Liab
Total Assets		0.78	0.82	0.36	0.73	0.95	-0.21	0.77	-0.37	0.05	0.75	0.94	0.02	0.75	0.86	0.21	0.89	0.45	0.31	0.1	0.93	0.78	-0.27	0.23	0.17	0.0
Short Long Term Debt Total	0.78		0.55	0.12	0.42	0.82	-0.46	1.0	-0.67	-0.17	0.77	0.89	0.2	0.77	0.82	0.36	0.97	0.17	0.7	0.27	0.68	0.69	-0.08	0.64	-0.13	0.26
Other Current Liab	0.82	0.55		0.53	0.78	0.86	0.27	0.53	0.08	0.17	0.61	0.79	-0.51	0.64	0.76	0.12	0.67	0.64	0.24	-0.05	0.73	0.76	-0.18	-0.05	0.65	-0.14
Total Current Liabilities	0.36	0.12	0.53		0.7	0.36	0.59	0.12	0.13	0.86	0.13	0.43	-0.37	0.13	0.55	-0.14	0.15	0.74	0.0	0.04	0.32	0.66	0.4	-0.11	0.32	-0.22
Total Stockholder Equity	0.73	0.42	0.78	0.7		0.79	0.37	0.41	0.07	0.55	0.34	0.75	-0.32	0.35	0.78	0.28	0.52	0.85	0.06	-0.15	0.69	0.8	-0.17	0.06	0.39	-0.25
Property Plant And Equipment Net	0.95	0.82	0.86	0.36	0.79		-0.12	0.8	-0.28	0.04	0.76	0.96	-0.1	0.77	0.91	0.4	0.9	0.51	0.4	-0.03	0.86	0.8	-0.24	0.29	0.25	-0.11
Current Deferred Revenue	-0.21	-0.46	0.27	0.59	0.37	-0.12		-0.45	0.72	0.63	-0.43	-0.16	-0.81	-0.39	-0.06	-0.29	-0.43	0.54	-0.33	-0.24	-0.21	0.11	0.21	-0.49	0.71	-0.28
Net Debt	0.77	1.0	0.53	0.12	0.41	0.8	-0.45		-0.68	-0.17	0.73	0.89	0.21	0.73	0.81	0.37	0.96	0.17	0.71	0.28	0.67	0.68	-0.08	0.66	-0.13	0.28
Retained Earnings	-0.37	-0.67	0.08	0.13	0.07	-0.28	0.72	-0.68		0.21	-0.33	-0.46	-0.59	-0.3	-0.32	-0.29	-0.57	0.34	-0.45	-0.52	-0.25	-0.18	-0.08	-0.78	0.56	-0.5
Accounts Payable	0.05	-0.17	0.17	0.86	0.55	0.04	0.63	-0.17	0.21		-0.2	0.13	-0.22	-0.21	0.3	-0.17	-0.15	0.63	-0.31	-0.03	0.06	0.44	0.21	-0.17	0.12	-0.12
Cash	0.75	0.77	0.61	0.13	0.34	0.76	-0.43	0.73	-0.33	-0.2		0.72	0.14	1.0	0.73	0.25	0.81	0.16	0.44	0.05	0.68	0.63	-0.11	0.14	-0.01	-0.03
Non Current Assets Total	0.94	0.89	0.79	0.43	0.75	0.96	-0.16	0.89	-0.46	0.13	0.72		-0.01	0.73	0.95	0.32	0.94	0.48	0.48	0.15	0.83	0.84	-0.13	0.45	0.12	0.05
Non Currrent Assets Other	0.02	0.2	-0.51	-0.37	-0.32	-0.1	-0.81	0.21	-0.59	-0.22	0.14	-0.01		0.09	-0.02	0.11	0.15	-0.41	0.13	0.16	0.12	-0.15	-0.04	0.36	-0.96	0.16
Cash And Short Term Investments	0.75	0.77	0.64	0.13	0.35	0.77	-0.39	0.73	-0.3	-0.21	1.0	0.73	0.09		0.73	0.24	0.81	0.16	0.44	0.04	0.68	0.63	-0.1	0.13	0.04	-0.04
Net Receivables	0.86	0.82	0.76	0.55	0.78	0.91	-0.06	0.81	-0.32	0.3	0.73	0.95	-0.02	0.73		0.3	0.86	0.6	0.43	0.02	0.79	0.91	-0.11	0.36	0.09	-0.05
Common Stock Shares Outstanding	0.21	0.36	0.12	-0.14	0.28	0.4	-0.29	0.37	-0.29	-0.17	0.25	0.32	0.11	0.24	0.3		0.35	0.11	0.28	-0.24	0.16	0.2	-0.26	0.43	-0.11	-0.09
Non Current Liabilities Total	0.89	0.97	0.67	0.15	0.52	0.9	-0.43	0.96	-0.57	-0.15	0.81	0.94	0.15	0.81	0.86	0.35		0.27	0.6	0.19	0.8	0.74	-0.23	0.52	-0.03	0.18
Inventory	0.45	0.17	0.64	0.74	0.85	0.51	0.54	0.17	0.34	0.63	0.16	0.48	-0.41	0.16	0.6	0.11	0.27		0.12	-0.25	0.52	0.73	-0.08	-0.1	0.41	-0.25
Other Current Assets	0.31	0.7	0.24	0.0	0.06	0.4	-0.33	0.71	-0.45	-0.31	0.44	0.48	0.13	0.44	0.43	0.28	0.6	0.12		0.04	0.28	0.35	0.23	0.58	-0.15	0.15
Other Stockholder Equity	0.1	0.27	-0.05	0.04	-0.15	-0.03	-0.24	0.28	-0.52	-0.03	0.05	0.15	0.16	0.04	0.02	-0.24	0.19	-0.25	0.04		0.06	0.08	0.25	0.41	-0.16	0.69
Total Liab	0.93	0.68	0.73	0.32	0.69	0.86	-0.21	0.67	-0.25	0.06	0.68	0.83	0.12	0.68	0.79	0.16	0.8	0.52	0.28	0.06		0.75	-0.29	0.12	0.08	-0.01
Total Current Assets	0.78	0.69	0.76	0.66	0.8	0.8	0.11	0.68	-0.18	0.44	0.63	0.84	-0.15	0.63	0.91	0.2	0.74	0.73	0.35	0.08	0.75		-0.09	0.15	0.19	0.07
Short Term Debt	-0.27	-0.08	-0.18	0.4	-0.17	-0.24	0.21	-0.08	-0.08	0.21	-0.11	-0.13	-0.04	-0.1	-0.11	-0.26	-0.23	-0.08	0.23	0.25	-0.29	-0.09		0.06	-0.08	-0.22
Common Stock	0.23	0.64	-0.05	-0.11	0.06	0.29	-0.49	0.66	-0.78	-0.17	0.14	0.45	0.36	0.13	0.36	0.43	0.52	-0.1	0.58	0.41	0.12	0.15	0.06		-0.41	0.35
Intangible Assets	0.17	-0.13	0.65	0.32	0.39	0.25	0.71	-0.13	0.56	0.12	-0.01	0.12	-0.96	0.04	0.09	-0.11	-0.03	0.41	-0.15	-0.16	0.08	0.19	-0.08	-0.41		-0.19
Other Liab	0.0	0.26	-0.14	-0.22	-0.25	-0.11	-0.28	0.28	-0.5	-0.12	-0.03	0.05	0.16	-0.04	-0.05	-0.09	0.18	-0.25	0.15	0.69	-0.01	0.07	-0.22	0.35	-0.19

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Cemex SAB Account Relationship Matchups

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	(152.3B)	(144.6B)
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	31.5B	33.1B
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	8.0B	11.2B
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	26.5B	16.9B
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	583.2M	554.0M
Short Long Term Debt	582M	179M	73M	729M	656.1M	623.3M
Capital Surpluse	10.0B	10.1B	7.6B	7.5B	8.6B	8.3B

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

0.67

BCC

Boise Cascad Llc Financial Report 2nd of May 2024

Pair Corr

Moving against Cemex Stock

0.58	RETO	ReTo Eco Solutions Report 6th of May 2024	Pair Corr
0.51	X	United States Steel Earnings Call This Week	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Cemex SAB de offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cemex SAB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cemex Sab De Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cemex Sab De Stock:

How To Invest In Cemex

Details

Is Cemex Stock a good investment?

Details

What is Cemex SAB's Net Worth?

Details

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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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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.

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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

(0.74)

Earnings Share

0.12

Revenue Per Share

11.99

Quarterly Revenue Growth

0.09

Return On Assets

0.0492

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.

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Cemex Intangible Assets vs Net Tangible Assets Analysis

Intangible Assets vs Net Tangible Assets

Intangible Assets vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Intangible Assets

Net Tangible Assets

Cemex SAB fundamental ratios Correlations

Cemex SAB Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cemex SAB fundamental ratios Accounts

Pair Trading with Cemex SAB

Moving together with Cemex Stock

Moving against Cemex Stock

Complementary Tools for Cemex Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Non Current Assets Total	+ 0.96	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.96	Net Debt
Property Plant And Equipment Net	+ 0.95	Total Assets

Intangible Assets	- 0.96	Non Currrent Assets Other
Non Currrent Assets Other	- 0.81	Current Deferred Revenue
Common Stock	- 0.78	Retained Earnings
Retained Earnings	- 0.68	Net Debt
Retained Earnings	- 0.67	Short Long Term Debt Total
Non Currrent Assets Other	- 0.59	Retained Earnings