America Total Current Assets vs Accounts Payable Analysis

AMX Stock  USD 19.73  0.21  1.05%   
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 Total Current Assets and its Accounts Payable 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 tightly coupled with the direction of predictive economic indicators such as signals in population.

Total Current Assets vs Accounts Payable

Total Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of America Movil SAB Total Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between America Movil's Total Current Assets and Accounts Payable is 0.73. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Accounts Payable 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 Total Current Assets 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 Total Current Assets of America Movil SAB 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 Total Current Assets i.e., America Movil's Total Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

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.
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 tightly coupled 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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When determining whether America Movil SAB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of America Movil'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 America Movil Sab Stock. Outlined below are crucial reports that will aid in making a well-informed decision on America Movil Sab Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in population.
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Is America Movil'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 America Movil. If investors know America 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 America Movil 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
(0.54)
Dividend Share
0.48
Earnings Share
1.13
Revenue Per Share
259.18
Quarterly Revenue Growth
(0.03)
The market value of America Movil SAB is measured differently than its book value, which is the value of America that is recorded on the company's balance sheet. Investors also form their own opinion of America Movil's value that differs from its market value or its book value, called intrinsic value, which is America Movil'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 America Movil's market value can be influenced by many factors that don't directly affect America Movil'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 America Movil's value and its price as these two are different measures arrived at by different means. Investors typically determine if America Movil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, America Movil'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.