Cemex Ebit vs Income Tax Expense Analysis

CX Stock  USD 7.79  0.05  0.64%   
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 Ebit and its Income Tax Expense 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.

Ebit vs Income Tax Expense

Ebit vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cemex SAB de Ebit account and Income Tax Expense. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cemex SAB's Ebit and Income Tax Expense is 0.17. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Income Tax Expense 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 Ebit and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Cemex SAB de are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Ebit i.e., Cemex SAB's Ebit and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ebit

Income Tax Expense

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 Expense693M26M575M546.3M
Depreciation And Amortization1.1B1.1B1.2B1.0B

Cemex SAB fundamental ratios Correlations

0.780.820.360.730.95-0.210.77-0.370.050.750.94-0.710.750.860.210.890.450.310.340.930.78-0.270.230.70.0
0.780.550.120.420.82-0.461.0-0.67-0.170.770.89-0.310.770.820.360.970.170.7-0.20.680.69-0.080.640.260.26
0.820.550.530.780.860.270.530.080.170.610.79-0.670.640.760.120.670.640.240.460.730.76-0.18-0.050.5-0.14
0.360.120.530.70.360.590.120.130.860.130.43-0.670.130.55-0.140.150.740.00.370.320.660.4-0.11-0.06-0.22
0.730.420.780.70.790.370.410.070.550.340.75-0.740.350.780.280.520.850.060.40.690.8-0.170.060.31-0.25
0.950.820.860.360.79-0.120.8-0.280.040.760.96-0.590.770.910.40.90.510.40.240.860.8-0.240.290.53-0.11
-0.21-0.460.270.590.37-0.12-0.450.720.63-0.43-0.16-0.28-0.39-0.06-0.29-0.430.54-0.330.36-0.210.110.21-0.49-0.32-0.28
0.771.00.530.120.410.8-0.45-0.68-0.170.730.89-0.310.730.810.370.960.170.71-0.230.670.68-0.080.660.240.28
-0.37-0.670.080.130.07-0.280.72-0.680.21-0.33-0.460.13-0.3-0.32-0.29-0.570.34-0.450.46-0.25-0.18-0.08-0.78-0.11-0.5
0.05-0.170.170.860.550.040.63-0.170.21-0.20.13-0.57-0.210.3-0.17-0.150.63-0.310.30.060.440.21-0.17-0.25-0.12
0.750.770.610.130.340.76-0.430.73-0.33-0.20.72-0.261.00.730.250.810.160.440.220.680.63-0.110.140.48-0.03
0.940.890.790.430.750.96-0.160.89-0.460.130.72-0.630.730.950.320.940.480.480.10.830.84-0.130.450.420.05
-0.71-0.31-0.67-0.67-0.74-0.59-0.28-0.310.13-0.57-0.26-0.63-0.27-0.60.1-0.42-0.510.17-0.57-0.64-0.620.130.08-0.5-0.06
0.750.770.640.130.350.77-0.390.73-0.3-0.211.00.73-0.270.730.240.810.160.440.230.680.63-0.10.130.47-0.04
0.860.820.760.550.780.91-0.060.81-0.320.30.730.95-0.60.730.30.860.60.430.130.790.91-0.110.360.28-0.05
0.210.360.12-0.140.280.4-0.290.37-0.29-0.170.250.320.10.240.30.350.110.28-0.230.160.2-0.260.43-0.04-0.09
0.890.970.670.150.520.9-0.430.96-0.57-0.150.810.94-0.420.810.860.350.270.6-0.040.80.74-0.230.520.450.18
0.450.170.640.740.850.510.540.170.340.630.160.48-0.510.160.60.110.270.120.340.520.73-0.08-0.10.09-0.25
0.310.70.240.00.060.4-0.330.71-0.45-0.310.440.480.170.440.430.280.60.12-0.460.280.350.230.58-0.10.15
0.34-0.20.460.370.40.240.36-0.230.460.30.220.1-0.570.230.13-0.23-0.040.34-0.460.390.28-0.16-0.810.58-0.35
0.930.680.730.320.690.86-0.210.67-0.250.060.680.83-0.640.680.790.160.80.520.280.390.75-0.290.120.72-0.01
0.780.690.760.660.80.80.110.68-0.180.440.630.84-0.620.630.910.20.740.730.350.280.75-0.090.150.230.07
-0.27-0.08-0.180.4-0.17-0.240.21-0.08-0.080.21-0.11-0.130.13-0.1-0.11-0.26-0.23-0.080.23-0.16-0.29-0.090.06-0.44-0.22
0.230.64-0.05-0.110.060.29-0.490.66-0.78-0.170.140.450.080.130.360.430.52-0.10.58-0.810.120.150.06-0.20.35
0.70.260.5-0.060.310.53-0.320.24-0.11-0.250.480.42-0.50.470.28-0.040.450.09-0.10.580.720.23-0.44-0.2-0.1
0.00.26-0.14-0.22-0.25-0.11-0.280.28-0.5-0.12-0.030.05-0.06-0.04-0.05-0.090.18-0.250.15-0.35-0.010.07-0.220.35-0.1
Click cells to compare fundamentals

Cemex SAB Account Relationship Matchups

Cemex SAB fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.4B27.4B26.7B26.4B29.6B30.7B
Short Long Term Debt Total11.8B11.2B9.2B8.8B8.9B12.1B
Other Current Liab1.2B1.5B1.4B1.3B2.3B2.4B
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 Debt11.0B10.2B8.5B8.3B8.3B11.4B
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 Other199M249M226M318M81M77.0M
Cash And Short Term Investments788M950M613M495M624M759.6M
Net Receivables1.8B2.0B1.6B1.8B1.9B1.8B
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
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 Assets2.0B1.7B1.7B1.7B1.8B1.7B
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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When determining whether Cemex SAB de offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cemex SAB'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 Cemex Sab De Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cemex Sab De Stock:
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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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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
11.92
Quarterly Revenue Growth
0.025
Return On Assets
0.0476
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.