Ambev Long Term Investments vs Intangible Assets Analysis

ABEV Stock  USD 2.12  0.03  1.40%   
Ambev SA financial indicator trend analysis is way more than just evaluating Ambev SA ADR prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ambev SA ADR is a good investment. Please check the relationship between Ambev SA Long Term Investments and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambev SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Long Term Investments vs Intangible Assets

Long Term Investments vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ambev SA ADR Long Term Investments account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Ambev SA's Long Term Investments and Intangible Assets is 0.89. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Ambev SA ADR, assuming nothing else is changed. The correlation between historical values of Ambev SA's Long Term Investments and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Ambev SA ADR are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Long Term Investments i.e., Ambev SA's Long Term Investments and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Investments

Long Term Investments is an item on the asset side of Ambev SA balance sheet that represents investments Ambev SA ADR intends to hold for over a year. Ambev SA ADR long term investments may include different instruments such as stocks, bonds, real estate and cash.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Ambev SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ambev SA ADR 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 Ambev SA ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Ambev SA's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 231.3 B in 2024, whereas Tax Provision is likely to drop slightly above 71.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit37.2B39.3B40.4B42.5B
Total Revenue72.9B79.7B79.7B83.7B

Ambev SA fundamental ratios Correlations

0.420.440.971.00.99-0.910.940.941.00.860.930.620.640.240.840.940.12-0.470.630.851.00.120.810.910.86
0.420.030.470.380.4-0.210.380.410.410.210.410.510.460.110.350.33-0.19-0.110.170.230.450.820.290.360.29
0.440.030.560.380.43-0.370.330.370.430.470.330.350.38-0.190.190.340.88-0.460.770.390.440.070.360.340.38
0.970.470.560.950.97-0.840.90.90.970.850.880.610.670.170.730.910.21-0.520.660.860.980.190.790.880.8
1.00.380.380.950.99-0.910.960.941.00.870.930.580.620.250.830.940.07-0.440.580.860.990.080.820.910.87
0.990.40.430.970.99-0.870.920.90.990.830.90.660.650.220.840.940.12-0.520.640.850.990.10.770.920.86
-0.91-0.21-0.37-0.84-0.91-0.87-0.88-0.98-0.9-0.77-0.97-0.47-0.53-0.26-0.82-0.8-0.110.39-0.58-0.73-0.920.12-0.72-0.82-0.72
0.940.380.330.90.960.92-0.880.910.940.870.910.480.580.260.750.940.04-0.420.510.90.940.060.830.840.81
0.940.410.370.90.940.9-0.980.910.930.780.990.530.580.260.820.820.07-0.380.560.740.960.070.760.820.74
1.00.410.430.971.00.99-0.90.940.930.870.920.610.640.230.840.940.12-0.470.620.850.990.110.810.920.87
0.860.210.470.850.870.83-0.770.870.780.870.780.20.40.270.570.880.16-0.30.430.920.840.00.940.750.84
0.930.410.330.880.930.9-0.970.910.990.920.780.50.560.370.830.830.03-0.360.540.740.950.070.750.820.74
0.620.510.350.610.580.66-0.470.480.530.610.20.50.67-0.10.710.450.25-0.460.710.250.630.370.210.650.51
0.640.460.380.670.620.65-0.530.580.580.640.40.560.67-0.050.510.520.17-0.340.540.40.650.390.490.580.52
0.240.11-0.190.170.250.22-0.260.260.260.230.270.37-0.1-0.050.340.31-0.250.10.020.250.240.040.240.230.27
0.840.350.190.730.830.84-0.820.750.820.840.570.830.710.510.340.750.06-0.420.670.540.830.060.540.860.82
0.940.330.340.910.940.94-0.80.940.820.940.880.830.450.520.310.750.03-0.570.530.940.920.00.780.880.84
0.12-0.190.880.210.070.12-0.110.040.070.120.160.030.250.17-0.250.060.03-0.310.720.050.12-0.040.060.060.2
-0.47-0.11-0.46-0.52-0.44-0.520.39-0.42-0.38-0.47-0.3-0.36-0.46-0.340.1-0.42-0.57-0.31-0.6-0.46-0.490.15-0.06-0.5-0.29
0.630.170.770.660.580.64-0.580.510.560.620.430.540.710.540.020.670.530.72-0.60.40.630.060.320.670.59
0.850.230.390.860.860.85-0.730.90.740.850.920.740.250.40.250.540.940.05-0.460.40.83-0.080.820.770.72
1.00.450.440.980.990.99-0.920.940.960.990.840.950.630.650.240.830.920.12-0.490.630.830.130.790.90.83
0.120.820.070.190.080.10.120.060.070.110.00.070.370.390.040.060.0-0.040.150.06-0.080.130.120.060.15
0.810.290.360.790.820.77-0.720.830.760.810.940.750.210.490.240.540.780.06-0.060.320.820.790.120.690.83
0.910.360.340.880.910.92-0.820.840.820.920.750.820.650.580.230.860.880.06-0.50.670.770.90.060.690.81
0.860.290.380.80.870.86-0.720.810.740.870.840.740.510.520.270.820.840.2-0.290.590.720.830.150.830.81
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Ambev SA Account Relationship Matchups

Ambev SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets101.7B125.2B138.6B138.0B132.6B139.3B
Short Long Term Debt Total3.1B4.8B3.1B3.8B3.5B3.8B
Other Current Liab1.9B5.7B6.8B8.2B15.2B15.9B
Total Current Liabilities25.0B33.5B38.9B40.5B41.0B43.1B
Total Stockholder Equity61.3B73.8B82.6B82.0B79.0B82.9B
Property Plant And Equipment Net22.6B24.8B29.2B30.1B26.6B28.0B
Net Debt(8.8B)(12.3B)(13.5B)(11.1B)(12.6B)(11.9B)
Accounts Payable15.1B19.3B25.1B24.3B23.2B24.4B
Cash11.9B17.1B16.6B14.9B16.1B16.9B
Non Current Assets Total74.1B89.9B100.0B100.1B96.1B100.9B
Non Currrent Assets Other6.8B12.4B14.4B13.3B20.9B21.9B
Cash And Short Term Investments11.9B18.8B18.5B15.4B16.3B17.2B
Net Receivables8.6B7.6B7.4B8.2B5.7B4.7B
Common Stock Shares Outstanding15.9B15.9B15.9B15.8B15.8B15.7B
Short Term Investments14.6M1.7B1.9B454.5M277.2M459.7M
Liabilities And Stockholders Equity101.7B125.2B138.6B138.0B132.6B139.3B
Non Current Liabilities Total14.2B16.6B15.7B14.1B11.5B9.2B
Inventory6.0B7.6B11.0B12.9B9.6B10.1B
Other Current Assets985.5M1.4B1.7B1.4B4.9B5.1B
Other Stockholder Equity(20.9B)(25.9B)(31.2B)(168.2B)(26.8B)(25.5B)
Total Liab39.2B50.0B54.6B54.6B52.5B28.9B
Property Plant And Equipment Gross22.6B24.8B68.4B71.9B69.9B73.4B
Total Current Assets27.6B35.3B38.6B37.8B36.6B38.4B
Accumulated Other Comprehensive Income3.4B15.9B24.6B23.8B4.4B7.6B
Short Term Debt653.1M2.7B877.6M1.1B1.3B1.8B
Retained Earnings20.9B25.9B31.2B14.8B43.2B45.3B
Intangible Assets6.3B7.6B8.7B9.2B10.0B5.0B
Other Liab11.8B14.5B13.5B11.3B13.0B13.6B
Other Assets20.0B200K100K19.7B(2.5B)(2.4B)
Long Term Debt697.8M2.1B2.3B2.8B391M371.5M
Good Will35.0B40.0B42.4B40.6B38.0B25.7B
Common Stock57.9B57.9B58.0B58.1B58.2B41.5B
Property Plant Equipment22.6B24.8B29.2B30.1B34.6B36.3B
Current Deferred Revenue7.4B9.2B10.1B7K8.1K7.6K
Net Tangible Assets20.0B26.2B31.5B32.1B37.0B18.9B
Long Term Investments467M551.3M498.1M551M531.3M417.7M
Short Long Term Debt217.1M2.7B847.1M1.1B151.2M143.6M
Capital Lease Obligations2.1B2.1B2.6B3.1B3.0B1.6B

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Additional Tools for Ambev Stock Analysis

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