AMX Stock | | | USD 15.10 0.09 0.60% |
America Movil financial indicator trend analysis is way more than just evaluating America Movil SAB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether America Movil SAB is a good investment. Please check the relationship between America Movil Accounts Payable and its Cash And Short Term Investments accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in America Movil SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Accounts Payable vs Cash And Short Term Investments
Accounts Payable vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
America Movil SAB Accounts Payable account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have strong relationship.
The correlation between America Movil's Accounts Payable and Cash And Short Term Investments is 0.61. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of America Movil SAB, assuming nothing else is changed. The correlation between historical values of America Movil's Accounts Payable and Cash 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 Accounts Payable of America Movil SAB are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Accounts Payable i.e., America Movil's Accounts Payable and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.61 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents America Movil 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 America Movil SAB 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.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of America Movil SAB balance sheet. This account contains America Movil investments that will expire within one year. These investments include stocks and bonds that can be liquidated by America Movil SAB fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from America Movil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into America Movil SAB 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 America Movil SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, America Movil's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 66.13 in 2024, whereas
Selling General Administrative is likely to drop slightly above 55.5
B in 2024.
America Movil fundamental ratios Correlations
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America Movil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
America Movil fundamental ratios Accounts
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Additional Tools for America Stock Analysis
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measure America Movil'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 America Movil is operating at the current time. Most of America Movil's value examination focuses on studying past and present price action to
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