Fomento Total Other Income Expense Net vs Cost Of Revenue 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 Total Other Income Expense Net and its Cost Of Revenue 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.
Total Other Income Expense Net vs Cost Of Revenue
Total Other Income Expense Net vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fomento Economico Total Other Income Expense Net account and Cost Of Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between Fomento Economico's Total Other Income Expense Net and Cost Of Revenue is 0.35. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Cost Of Revenue 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 Total Other Income Expense Net and Cost Of Revenue 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 Fomento Economico Mexicano are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Total Other Income Expense Net i.e., Fomento Economico's Total Other Income Expense Net and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Other Income Expense Net
Cost Of Revenue
Cost of Revenue is found on Fomento Economico income statement and represents the costs associated with goods and services Fomento Economico provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.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
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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 |
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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.