Cemex Total Other Income Expense Net 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 Total Other Income Expense Net 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.
Total Other Income Expense Net vs Income Tax Expense
Total Other Income Expense Net 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 Total Other Income Expense Net account and Income Tax Expense. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Cemex SAB's Total Other Income Expense Net and Income Tax Expense is -0.04. Overlapping area represents the amount of variation of Total Other Income Expense Net 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 Total Other Income Expense Net 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 Total Other Income Expense Net 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 Total Other Income Expense Net i.e., Cemex SAB's Total Other Income Expense Net and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | -0.04 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Other Income Expense Net
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 Expense | 693M | 26M | 575M | 546.3M | Depreciation And Amortization | 1.1B | 1.1B | 1.2B | 1.0B |
Cemex SAB fundamental ratios Correlations
Click cells to compare fundamentals
Cemex SAB Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cemex SAB fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 29.4B | 27.4B | 26.7B | 26.4B | 29.6B | 30.7B | |
| Short Long Term Debt Total | 11.8B | 11.2B | 9.2B | 8.8B | 8.9B | 12.1B | |
| Other Current Liab | 1.2B | 1.5B | 1.4B | 1.3B | 2.3B | 2.4B | |
| Total Current Liabilities | 5.4B | 5.4B | 5.4B | 5.5B | 6.8B | 4.9B | |
| Total Stockholder Equity | 9.3B | 8.1B | 9.8B | 10.5B | 11.1B | 10.1B | |
| Property Plant And Equipment Net | 11.9B | 11.5B | 11.4B | 11.3B | 12.5B | 14.1B | |
| Current Deferred Revenue | 225M | 201M | 257M | 293M | 384M | 364.8M | |
| Net Debt | 11.0B | 10.2B | 8.5B | 8.3B | 8.3B | 11.4B | |
| Retained Earnings | 1.6B | 2.6B | 3.4B | 4.2B | 4.4B | 4.3B | |
| Accounts Payable | 2.5B | 2.6B | 2.8B | 3.0B | 3.1B | 1.7B | |
| Cash | 788M | 950M | 613M | 495M | 624M | 684.4M | |
| Non Current Assets Total | 24.8B | 23.2B | 22.4B | 21.9B | 24.6B | 26.5B | |
| Non Currrent Assets Other | 199M | 249M | 226M | 318M | 81M | 77.0M | |
| Cash And Short Term Investments | 788M | 950M | 613M | 495M | 624M | 759.6M | |
| Net Receivables | 1.8B | 2.0B | 1.6B | 1.8B | 1.9B | 1.8B | |
| Common Stock Shares Outstanding | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | 1.4B | |
| Liabilities And Stockholders Equity | 29.4B | 27.4B | 26.7B | 26.4B | 29.6B | 31.2B | |
| Non Current Liabilities Total | 13.1B | 13.1B | 11.0B | 10.0B | 11.4B | 14.1B | |
| Inventory | 989M | 971M | 1.3B | 1.7B | 1.8B | 1.1B | |
| Total Liab | 18.5B | 18.5B | 16.4B | 26.4B | 18.2B | 19.5B | |
| Total Current Assets | 4.6B | 4.2B | 4.2B | 4.5B | 5.0B | 4.1B | |
| Short Term Debt | 1.4B | 1.1B | 940M | 987M | 975M | 1.1B | |
| Accumulated Other Comprehensive Income | (2.7B) | (2.5B) | (1.4B) | (1.6B) | (1.1B) | (1.1B) | |
| Intangible Assets | 2.0B | 1.7B | 1.7B | 1.7B | 1.8B | 1.7B | |
| Other Liab | 2.7B | 3.0B | 3.7B | 2.2B | 2.5B | 2.4B | |
| Other Assets | 826M | 989M | 11.1B | 411.1M | 472.8M | 449.1M | |
| Long Term Debt | 9.3B | 9.2B | 7.3B | 6.9B | 6.2B | 11.0B | |
| Property Plant Equipment | 11.9B | 11.4B | 11.3B | 11.3B | 13.0B | 25.6B | |
| Property Plant And Equipment Gross | 11.9B | 11.4B | 22.7B | 23.0B | 25.2B | 17.4B | |
| Good Will | 9.6B | 8.5B | 8.0B | 7.5B | 7.7B | 8.1B | |
| Net Tangible Assets | (2.3B) | (2.2B) | 9.8B | 1.2B | 1.4B | 1.5B | |
| Long Term Investments | 518M | 536M | 552M | 648M | 733M | 696.4M | |
| Short Long Term Debt | 582M | 179M | 73M | 729M | 703M | 667.9M | |
| Capital Surpluse | 10.0B | 10.1B | 7.6B | 7.5B | 8.6B | 8.3B |
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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.