Cemex Short Long Term Debt vs Accounts Payable 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 Short Long Term Debt and its Accounts Payable 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.
Short Long Term Debt vs Accounts Payable
Short Long Term Debt vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cemex SAB de Short Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Cemex SAB's Short Long Term Debt and Accounts Payable is -0.7. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Accounts Payable 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 Short Long Term Debt and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Cemex SAB de are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Short Long Term Debt i.e., Cemex SAB's Short Long Term Debt and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.7 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.Accounts Payable
An accounting item on the balance sheet that represents Cemex SAB obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cemex SAB de are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.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 |
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 | (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 | 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 |
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
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Moving against Cemex Stock
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0.48 | X | United States Steel Earnings Call This Week | 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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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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 0.134 | Earnings Share 0.14 | Revenue Per Share 12.07 | Quarterly Revenue Growth 0.025 | Return On Assets 0.0478 |
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.