Fomento Other Operating Expenses vs Selling General Administrative Analysis
FMX Stock | USD 120.97 0.34 0.28% |
Fomento Economico financial indicator trend analysis is much more than just examining Fomento Economico latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fomento Economico is a good investment. Please check the relationship between Fomento Economico Other Operating Expenses and its Selling General Administrative accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fomento Economico Mexicano. 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.
Other Operating Expenses vs Selling General Administrative
Other Operating Expenses vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fomento Economico Other Operating Expenses account and Selling General Administrative. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Fomento Economico's Other Operating Expenses and Selling General Administrative is 0.98. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Fomento Economico Mexicano, assuming nothing else is changed. The correlation between historical values of Fomento Economico's Other Operating Expenses and Selling General Administrative 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 Operating Expenses of Fomento Economico Mexicano are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Other Operating Expenses i.e., Fomento Economico's Other Operating Expenses and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Fomento Economico. It is also known as Fomento Economico overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Selling General Administrative
Most indicators from Fomento Economico's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fomento Economico 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fomento Economico Mexicano. 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. At this time, Fomento Economico's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.06 in 2024, whereas Tax Provision is likely to drop slightly above 13.3 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 16.9B | 16.3B | 17.2B | 18.1B | Depreciation And Amortization | 28.0B | 30.5B | 34.0B | 35.7B |
Fomento Economico fundamental ratios Correlations
Click cells to compare fundamentals
Fomento Economico Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fomento Economico fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 637.5B | 684.8B | 737.5B | 798.8B | 805.8B | 846.1B | |
Short Long Term Debt Total | 166.6B | 241.8B | 246.9B | 280.6B | 232.9B | 244.5B | |
Other Current Liab | 112.0B | 100.7B | 122.8B | 143.4B | 162.6B | 170.8B | |
Total Current Liabilities | 136.5B | 118.4B | 136.7B | 176.9B | 186.3B | 195.6B | |
Total Stockholder Equity | 325.8B | 237.7B | 262.6B | 262.6B | 379.1B | 398.1B | |
Property Plant And Equipment Net | 167.2B | 167.9B | 172.1B | 218.0B | 227.3B | 238.6B | |
Current Deferred Revenue | (75.8B) | (73.1B) | (91.4B) | 9.7B | 8.7B | 9.1B | |
Net Debt | 46.4B | 76.3B | 87.1B | 103.9B | 67.8B | 39.1B | |
Retained Earnings | 229.8B | 215.6B | 238.3B | 251.2B | 304.7B | 319.9B | |
Accounts Payable | 76.7B | 75.2B | 93.4B | 78.4B | 81.5B | 85.6B | |
Cash | 65.6B | 44.0B | 32.1B | 39.6B | 165.1B | 173.4B | |
Non Current Assets Total | 465.0B | 483.6B | 506.8B | 572.2B | 449.6B | 246.6B | |
Non Currrent Assets Other | 53.7B | 62.0B | 69.2B | 60.2B | 196.0B | 205.8B | |
Cash And Short Term Investments | 77.9B | 109.0B | 121.8B | 83.5B | 191.8B | 201.4B | |
Net Receivables | 29.6B | 23.8B | 28.6B | 37.1B | 38.9B | 40.8B | |
Good Will | 47.9B | 48.0B | 57.4B | 85.7B | 45.5B | 24.4B | |
Liabilities And Stockholders Equity | 711.3B | 684.8B | 737.5B | 798.8B | 805.8B | 846.1B | |
Non Current Liabilities Total | 175.3B | 259.1B | 266.0B | 286.1B | 240.4B | 252.4B | |
Inventory | 41.0B | 44.0B | 50.9B | 62.2B | 58.2B | 61.1B | |
Other Current Assets | 24.0B | 2.9B | 2.7B | 11.7B | 67.3B | 70.7B | |
Other Stockholder Equity | 91.9B | 973.0M | 3.1B | (9.6B) | 18.0B | 21.9B | |
Total Liab | 311.8B | 447.1B | 474.9B | 536.2B | 426.7B | 448.0B | |
Property Plant And Equipment Gross | 167.2B | 167.9B | 172.1B | 218.0B | 338.5B | 355.4B | |
Total Current Assets | 172.6B | 201.3B | 230.7B | 226.4B | 356.2B | 374.0B | |
Accumulated Other Comprehensive Income | 685M | (843M) | 3.1B | (9.6B) | (21.7B) | (20.7B) | |
Short Term Debt | 23.6B | 15.6B | 2.0B | 1.9B | 23.6B | 24.8B | |
Other Liab | 26.2B | 27.8B | 31.1B | 29.5B | 33.9B | 35.6B | |
Other Assets | 39.3B | 27.9B | 49.6B | 52.9B | 60.8B | 63.9B | |
Long Term Debt | 95.7B | 179.9B | 185.9B | 173.4B | 128.4B | 134.8B | |
Intangible Assets | 98.7B | 107.5B | 100.8B | 105.1B | 98.5B | 74.1B | |
Property Plant Equipment | 167.2B | 167.9B | 172.1B | 218.0B | 250.7B | 263.2B | |
Short Term Investments | 12.4B | 1.3B | 24.4B | 51M | 26.7B | 28.1B | |
Net Tangible Assets | 104.5B | 81.5B | 176.7B | 71.1B | 81.7B | 83.4B | |
Long Term Investments | 97.5B | 98.3B | 107.3B | 103.7B | 35.3B | 33.6B | |
Short Long Term Debt | 16.2B | 8.8B | 4.6B | 16.3B | 8.5B | 12.1B | |
Long Term Debt Total | 149.0B | 231.4B | 241.0B | 254.6B | 292.8B | 162.8B | |
Capital Surpluse | 18.2B | 17.8B | 17.9B | 17.7B | 20.4B | 21.8B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fomento Economico Mexicano. 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. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Fomento Stock analysis
When running Fomento Economico's price analysis, check to measure Fomento Economico's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fomento Economico is operating at the current time. Most of Fomento Economico's value examination focuses on studying past and present price action to predict the probability of Fomento Economico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Economico's price. Additionally, you may evaluate how the addition of Fomento Economico to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Commodity Directory Find actively traded commodities issued by global exchanges |
Is Fomento Economico'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 Fomento Economico. If investors know Fomento 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 Fomento Economico 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 (0.94) | Dividend Share 4.397 | Earnings Share 4.75 | Revenue Per Share 2 K | Quarterly Revenue Growth 0.113 |
The market value of Fomento Economico is measured differently than its book value, which is the value of Fomento that is recorded on the company's balance sheet. Investors also form their own opinion of Fomento Economico's value that differs from its market value or its book value, called intrinsic value, which is Fomento Economico'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 Fomento Economico's market value can be influenced by many factors that don't directly affect Fomento Economico'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 Fomento Economico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fomento Economico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fomento Economico'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.