America Short Term Debt vs Total Current Liabilities Analysis

AMX Stock  USD 17.89  0.07  0.39%   
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 Short Term Debt and its Total Current Liabilities 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.

Short Term Debt vs Total Current Liabilities

Short Term Debt vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of America Movil SAB Short Term Debt account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.
The correlation between America Movil's Short Term Debt and Total Current Liabilities is 0.61. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Current Liabilities 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 Short Term Debt 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 Short Term Debt of America Movil SAB 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 Short Term Debt i.e., America Movil's Short Term Debt and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Term Debt

Total Current Liabilities

Total Current Liabilities is an item on America Movil balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of America Movil SAB 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 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.
Selling General Administrative is likely to drop to about 55.5 B in 2024. Tax Provision is likely to drop to about 29 B in 2024
 2021 2022 2023 2024 (projected)
Gross Profit514.5B355.3B347.8B307.8B
Total Revenue855.5B844.5B816.0B586.8B

America Movil fundamental ratios Correlations

0.670.991.00.760.490.720.190.970.840.730.470.69-0.210.480.540.980.630.950.570.07-0.140.980.970.490.92
0.670.730.70.410.430.230.390.620.340.230.630.25-0.020.510.50.590.60.430.080.16-0.050.520.660.290.54
0.990.731.00.720.530.680.230.970.810.690.510.65-0.180.490.530.960.630.920.540.07-0.150.960.950.480.9
1.00.71.00.740.490.70.230.970.830.70.490.66-0.20.50.50.970.620.930.550.09-0.150.970.960.480.91
0.760.410.720.740.180.67-0.120.730.770.670.130.83-0.150.440.370.80.460.80.670.020.030.790.750.250.66
0.490.430.530.490.180.140.070.520.170.160.40.32-0.350.190.620.450.520.38-0.02-0.26-0.490.450.460.380.54
0.720.230.680.70.670.14-0.210.720.831.00.050.66-0.090.190.20.780.280.810.70.080.420.790.720.560.66
0.190.390.230.23-0.120.07-0.210.21-0.05-0.190.84-0.48-0.180.52-0.250.110.390.02-0.240.67-0.130.10.120.390.24
0.970.620.970.970.730.520.720.210.790.740.520.66-0.270.580.490.980.680.910.50.16-0.140.970.960.610.93
0.840.340.810.830.770.170.83-0.050.790.810.130.760.070.210.340.870.260.930.86-0.030.050.890.830.310.71
0.730.230.690.70.670.161.0-0.190.740.810.080.66-0.170.210.20.790.310.810.680.090.40.80.720.580.67
0.470.630.510.490.130.40.050.840.520.130.08-0.13-0.340.740.090.430.740.26-0.130.68-0.150.370.440.680.48
0.690.250.650.660.830.320.66-0.480.660.760.66-0.13-0.030.20.610.740.330.790.74-0.33-0.140.750.730.110.59
-0.21-0.02-0.18-0.2-0.15-0.35-0.09-0.18-0.270.07-0.17-0.34-0.03-0.280.04-0.21-0.42-0.170.14-0.190.24-0.22-0.13-0.35-0.26
0.480.510.490.50.440.190.190.520.580.210.210.740.2-0.280.180.50.840.35-0.060.63-0.120.450.510.610.58
0.540.50.530.50.370.620.2-0.250.490.340.20.090.610.040.180.510.520.480.17-0.47-0.390.490.640.050.54
0.980.590.960.970.80.450.780.110.980.870.790.430.74-0.210.50.510.630.960.60.11-0.10.990.980.530.9
0.630.60.630.620.460.520.280.390.680.260.310.740.33-0.420.840.520.630.5-0.060.41-0.210.580.680.670.74
0.950.430.920.930.80.380.810.020.910.930.810.260.79-0.170.350.480.960.50.73-0.03-0.110.990.930.410.88
0.570.080.540.550.67-0.020.7-0.240.50.860.68-0.130.740.14-0.060.170.6-0.060.73-0.160.170.650.560.070.38
0.070.160.070.090.02-0.260.080.670.16-0.030.090.68-0.33-0.190.63-0.470.110.41-0.03-0.160.320.050.080.620.12
-0.14-0.05-0.15-0.150.03-0.490.42-0.13-0.140.050.4-0.15-0.140.24-0.12-0.39-0.1-0.21-0.110.170.32-0.13-0.120.28-0.18
0.980.520.960.970.790.450.790.10.970.890.80.370.75-0.220.450.490.990.580.990.650.05-0.130.960.50.92
0.970.660.950.960.750.460.720.120.960.830.720.440.73-0.130.510.640.980.680.930.560.08-0.120.960.510.9
0.490.290.480.480.250.380.560.390.610.310.580.680.11-0.350.610.050.530.670.410.070.620.280.50.510.6
0.920.540.90.910.660.540.660.240.930.710.670.480.59-0.260.580.540.90.740.880.380.12-0.180.920.90.6
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America Movil Account Relationship Matchups

America Movil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6T1.6T1.7T1.6T1.6T907.8B
Total Stockholder Equity226.9B237.9B457.6B373.8B366.7B208.1B
Property Plant And Equipment Net757.3B717.8B821.6B779.1B742.2B422.1B
Non Current Assets Total1.2T1.2T1.3T1.3T1.2T680.6B
Non Currrent Assets Other57.0B46.2B45.3B48.3B37.6B31.9B
Common Stock Shares Outstanding66.0B66.3B64.7B63.3B3.1B3.0B
Liabilities And Stockholders Equity1.6T1.6T1.7T1.6T1.6T907.8B
Short Long Term Debt Total744.9B737.7B662.6B134.1B625.8B372.5B
Other Current Liab64.9B59.5B71.6B219.4B248.3B260.8B
Total Current Liabilities525.4B496.1B528.1B488.9B524.4B285.1B
Current Deferred Revenue32.9B37.4B28.1B27.9B27.5B22.6B
Net Debt725.1B701.8B623.9B100.4B599.2B332.2B
Retained Earnings281.5B314.7B447.7B505.5B545.7B572.9B
Accounts Payable272.6B226.0B255.7B208.7B63.2B60.1B
Cash19.7B35.9B38.7B33.7B26.6B40.3B
Other Assets49.0B64.6B172.5B158.7B182.5B191.7B
Cash And Short Term Investments67.5B90.6B156.4B124.7B26.6B25.3B
Net Receivables211.5B217.7B212.3B201.7B207.9B121.5B
Short Term Investments47.7B54.6B117.7B91.0B73.8B77.4B
Non Current Liabilities Total779.6B772.7B701.6B691.4B618.1B422.3B
Inventory41.1B30.4B24.2B24.0B19.3B25.8B
Other Current Assets10.7B10.4B10.6B10.6B86.4B90.7B
Other Stockholder Equity49.0B(12.6B)68.0B(227.0B)95.4B100.1B
Total Liab1.3T1.3T1.2T1.2T1.1T707.4B
Total Current Assets330.8B349.0B403.5B361.0B340.2B223.9B
Accumulated Other Comprehensive Income(199.9B)(160.6B)(154.4B)(227.0B)(287.7B)(273.4B)
Short Term Debt155.1B173.2B172.8B32.9B185.3B194.6B
Intangible Assets125.2B133.5B143.2B128.9B121.5B75.3B
Other Liab189.8B238.1B211.8B181.6B208.8B219.3B
Long Term Debt495.1B480.3B418.8B408.6B339.7B216.5B
Good Will152.9B143.1B136.6B141.1B146.1B89.9B
Common Stock96.3B96.3B96.3B95.4B237.3M225.4M
Property Plant Equipment757.3B824.9B821.6B779.1B896.0B940.8B
Common Stock Total Equity96.3B96.3B96.3B96.3B110.8B84.2B
Property Plant And Equipment Gross757.3B824.9B1.5T779.1B1.3T1.4T
Net Tangible Assets(100.2B)(26.0B)177.8B103.8B119.4B125.3B
Long Term Investments2.5B1.8B9.9B31.0B29.3B16.2B
Short Long Term Debt129.2B148.1B145.1B102.0B161.0B106.7B
Long Term Debt Total589.8B564.6B489.8B509.8B458.8B453.2B
Capital Lease Obligations120.6B109.3B98.7B134.1B125.2B71.9B

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