Ambev Total Revenue vs Other Operating Expenses Analysis

ABEV Stock  USD 2.19  0.02  0.92%   
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 Total Revenue and its Other Operating Expenses 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.

Total Revenue vs Other Operating Expenses

Total Revenue vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ambev SA ADR Total Revenue account and Other Operating Expenses. At this time, the significance of the direction appears to have totally related.
The correlation between Ambev SA's Total Revenue and Other Operating Expenses is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Other Operating Expenses 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 Total Revenue and Other Operating Expenses 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 Revenue of Ambev SA ADR are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Total Revenue i.e., Ambev SA's Total Revenue and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Revenue

Total revenue comprises all receipts Ambev SA ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ambev SA ADR. It is also known as Ambev SA 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.
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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