Cemex Cash And Short Term Investments vs Accounts Payable Analysis

CX Stock  USD 5.65  0.03  0.53%   
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 Cash And Short Term Investments 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 closely tied with the direction of predictive economic indicators such as signals in interest.

Cash And Short Term Investments vs Accounts Payable

Cash And Short Term Investments 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 Cash And Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cemex SAB's Cash And Short Term Investments and Accounts Payable is -0.21. Overlapping area represents the amount of variation of Cash And Short Term Investments 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 Cash And Short Term Investments 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 Cash And Short Term Investments 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 Cash And Short Term Investments i.e., Cemex SAB's Cash And Short Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.21
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Cemex SAB de balance sheet. This account contains Cemex SAB investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Cemex SAB de 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.

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 closely tied 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 2023 2024 (projected)
Interest Expense693M575M546.3M
Depreciation And Amortization1.1B1.2B911.7M

Cemex SAB fundamental ratios Correlations

0.770.980.360.730.95-0.210.76-0.370.050.750.94-0.630.750.870.210.890.450.290.340.930.78-0.270.230.70.0
0.770.830.090.40.8-0.481.0-0.69-0.180.750.88-0.420.750.850.360.960.140.66-0.220.670.66-0.090.650.260.26
0.980.830.260.630.94-0.320.82-0.44-0.090.790.93-0.550.790.860.240.930.360.410.210.90.73-0.220.330.690.02
0.360.090.260.70.360.590.090.130.860.130.43-0.350.130.46-0.140.150.740.040.370.320.660.4-0.11-0.05-0.22
0.730.40.630.70.790.370.390.070.550.340.75-0.440.350.80.280.520.850.070.40.690.8-0.170.060.31-0.25
0.950.80.940.360.79-0.120.79-0.280.040.760.96-0.450.770.920.40.90.510.380.240.860.8-0.240.290.53-0.11
-0.21-0.48-0.320.590.37-0.12-0.470.720.63-0.43-0.160.3-0.39-0.11-0.29-0.430.54-0.30.36-0.210.110.21-0.49-0.32-0.28
0.761.00.820.090.390.79-0.47-0.69-0.190.730.88-0.410.730.850.360.960.140.67-0.240.660.66-0.080.660.240.28
-0.37-0.69-0.440.130.07-0.280.72-0.690.21-0.33-0.460.51-0.3-0.39-0.29-0.570.34-0.40.46-0.25-0.18-0.08-0.78-0.11-0.5
0.05-0.18-0.090.860.550.040.63-0.190.21-0.20.13-0.37-0.210.21-0.17-0.150.63-0.250.30.060.440.21-0.17-0.25-0.12
0.750.750.790.130.340.76-0.430.73-0.33-0.20.72-0.321.00.670.250.810.160.430.220.680.63-0.110.140.48-0.03
0.940.880.930.430.750.96-0.160.88-0.460.130.72-0.550.730.970.320.940.480.460.10.830.84-0.130.450.420.05
-0.63-0.42-0.55-0.35-0.44-0.450.3-0.410.51-0.37-0.32-0.55-0.3-0.510.02-0.47-0.190.05-0.32-0.64-0.460.14-0.17-0.52-0.16
0.750.750.790.130.350.77-0.390.73-0.3-0.211.00.73-0.30.670.240.810.160.430.230.680.63-0.10.130.47-0.04
0.870.850.860.460.80.92-0.110.85-0.390.210.670.97-0.510.670.320.890.580.470.060.810.87-0.120.450.310.0
0.210.360.24-0.140.280.4-0.290.36-0.29-0.170.250.320.020.240.320.350.110.27-0.230.160.2-0.260.43-0.04-0.09
0.890.960.930.150.520.9-0.430.96-0.57-0.150.810.94-0.470.810.890.350.270.58-0.040.80.74-0.230.520.450.18
0.450.140.360.740.850.510.540.140.340.630.160.48-0.190.160.580.110.270.170.340.520.73-0.08-0.10.1-0.25
0.290.660.410.040.070.38-0.30.67-0.4-0.250.430.460.050.430.470.270.580.17-0.430.280.370.240.54-0.130.13
0.34-0.220.210.370.40.240.36-0.240.460.30.220.1-0.320.230.06-0.23-0.040.34-0.430.390.28-0.16-0.810.58-0.35
0.930.670.90.320.690.86-0.210.66-0.250.060.680.83-0.640.680.810.160.80.520.280.390.75-0.290.120.72-0.01
0.780.660.730.660.80.80.110.66-0.180.440.630.84-0.460.630.870.20.740.730.370.280.75-0.090.150.230.07
-0.27-0.09-0.220.4-0.17-0.240.21-0.08-0.080.21-0.11-0.130.14-0.1-0.12-0.26-0.23-0.080.24-0.16-0.29-0.090.06-0.44-0.22
0.230.650.33-0.110.060.29-0.490.66-0.78-0.170.140.45-0.170.130.450.430.52-0.10.54-0.810.120.150.06-0.20.35
0.70.260.69-0.050.310.53-0.320.24-0.11-0.250.480.42-0.520.470.31-0.040.450.1-0.130.580.720.23-0.44-0.2-0.1
0.00.260.02-0.22-0.25-0.11-0.280.28-0.5-0.12-0.030.05-0.16-0.040.0-0.090.18-0.250.13-0.35-0.010.07-0.220.35-0.1
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Cemex SAB Account Relationship Matchups

Cemex SAB fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.4B27.4B26.7B26.4B29.6B30.7B
Short Long Term Debt Total11.8B11.2B9.2B8.8B8.2B12.1B
Other Current Liab1.2B1.1B984M926M1.2B1.3B
Total Current Liabilities5.4B5.4B5.4B5.5B6.8B4.9B
Total Stockholder Equity9.3B8.1B9.8B10.5B11.1B10.1B
Property Plant And Equipment Net11.9B11.5B11.4B11.3B12.5B14.1B
Current Deferred Revenue225M201M257M293M384M364.8M
Net Debt11.0B10.2B8.5B8.3B7.5B11.4B
Retained Earnings1.6B2.6B3.4B4.2B4.4B4.3B
Accounts Payable2.5B2.6B2.8B3.0B3.1B1.7B
Cash788M950M613M495M624M684.4M
Non Current Assets Total24.8B23.2B22.4B21.9B24.6B26.5B
Non Currrent Assets Other199M249M226M318M1.5B1.6B
Cash And Short Term Investments788M950M613M495M624M759.6M
Net Receivables1.8B1.5B1.6B1.8B1.8B1.8B
Common Stock Shares Outstanding1.5B1.5B1.5B1.5B1.5B1.4B
Liabilities And Stockholders Equity29.4B27.4B26.7B26.4B29.6B31.2B
Non Current Liabilities Total13.1B13.1B11.0B10.0B11.4B14.1B
Inventory989M971M1.3B1.7B1.8B1.1B
Other Current Assets117M781M1.2B760M841M1.2B
Total Liab18.5B18.5B16.4B26.4B18.2B19.5B
Total Current Assets4.6B4.2B4.2B4.5B5.0B4.1B
Short Term Debt1.4B1.1B940M987M975M1.1B
Accumulated Other Comprehensive Income(2.7B)(2.5B)(1.4B)(1.6B)(1.1B)(1.1B)
Intangible Assets2.0B1.7B1.7B1.7B1.9B1.8B
Other Liab2.7B3.0B3.7B2.2B2.5B2.4B
Other Assets826M989M11.1B411.1M472.8M449.1M
Long Term Debt9.3B9.2B7.3B6.9B6.2B11.0B
Property Plant Equipment11.9B11.4B11.3B11.3B13.0B25.6B
Property Plant And Equipment Gross11.9B11.4B22.7B23.0B25.2B17.4B
Good Will9.6B8.5B8.0B7.5B7.7B8.1B
Net Tangible Assets(2.3B)(2.2B)9.8B1.2B1.4B1.5B
Long Term Investments518M536M552M648M733M696.4M
Short Long Term Debt582M179M73M729M703M667.9M
Capital Surpluse10.0B10.1B7.6B7.5B8.6B8.3B

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