Cemex Other Current Assets vs Other Stockholder Equity Analysis

CX Stock  USD 6.93  0.13  1.84%   
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 Other Current Assets and its Other Stockholder Equity 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.

Other Current Assets vs Other Stockholder Equity

Other Current Assets vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cemex SAB de Other Current Assets account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cemex SAB's Other Current Assets and Other Stockholder Equity is -0.46. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Other Stockholder Equity 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 Other Current Assets and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Cemex SAB de are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Other Current Assets i.e., Cemex SAB's Other Current Assets and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Other Stockholder Equity

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 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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