America Long Term Investments vs Accounts Payable Analysis

AMX Stock  USD 14.71  0.11  0.74%   
America Movil financial indicator trend analysis is way more than just evaluating America Movil SAB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether America Movil SAB is a good investment. Please check the relationship between America Movil Long Term Investments and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in America Movil SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of America Movil SAB Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between America Movil's Long Term Investments and Accounts Payable is -0.61. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of America Movil SAB, assuming nothing else is changed. The correlation between historical values of America Movil's Long Term Investments and Accounts Payable 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 America Movil SAB are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., America Movil's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.61
Relationship DirectionNegative 
Relationship StrengthWeak

Long Term Investments

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

Accounts Payable

An accounting item on the balance sheet that represents America Movil obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of America Movil SAB are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from America Movil's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into America Movil SAB 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 America Movil SAB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Selling General Administrative is likely to drop to about 166.1 B in 2024. Tax Provision is likely to drop to about 29 B in 2024
 2021 2022 2023 2024 (projected)
Gross Profit514.5B355.3B499.5B314.2B
Total Revenue855.5B844.5B816.0B586.8B

America Movil fundamental ratios Correlations

0.670.991.00.240.420.950.220.970.840.730.470.69-0.210.480.660.940.630.950.570.08-0.140.980.970.490.92
0.670.730.70.280.480.440.410.620.340.230.630.25-0.020.510.740.50.60.430.080.16-0.050.520.660.290.54
0.990.731.00.240.460.910.270.970.810.690.510.65-0.180.490.670.910.630.920.540.07-0.150.960.950.480.9
1.00.71.00.260.430.920.270.970.830.70.490.66-0.20.50.640.910.620.930.550.09-0.150.970.960.480.91
0.240.280.240.260.490.210.620.310.120.220.73-0.2-0.250.70.140.080.50.14-0.040.970.320.220.220.670.28
0.420.480.460.430.490.280.580.50.030.130.84-0.08-0.450.540.520.290.70.23-0.230.44-0.220.350.380.750.51
0.950.440.910.920.210.280.00.930.930.890.280.78-0.180.360.50.950.50.980.710.050.020.980.930.520.87
0.220.410.270.270.620.580.00.23-0.02-0.220.82-0.44-0.170.480.23-0.010.380.05-0.220.57-0.210.130.150.330.27
0.970.620.970.970.310.50.930.230.790.740.520.66-0.270.580.670.910.680.910.50.17-0.140.970.960.610.93
0.840.340.810.830.120.030.93-0.020.790.810.130.760.070.210.30.890.260.930.86-0.030.050.890.830.310.71
0.730.230.690.70.220.130.89-0.220.740.810.080.66-0.170.210.260.750.310.810.680.10.40.80.720.580.67
0.470.630.510.490.730.840.280.820.520.130.08-0.13-0.340.740.550.280.740.26-0.130.68-0.150.370.440.680.48
0.690.250.650.66-0.2-0.080.78-0.440.660.760.66-0.13-0.030.20.370.860.330.790.74-0.32-0.140.750.730.110.59
-0.21-0.02-0.18-0.2-0.25-0.45-0.18-0.17-0.270.07-0.17-0.34-0.03-0.28-0.11-0.14-0.42-0.170.14-0.190.24-0.22-0.13-0.35-0.26
0.480.510.490.50.70.540.360.480.580.210.210.740.2-0.280.550.390.840.35-0.060.63-0.120.450.510.610.58
0.660.740.670.640.140.520.50.230.670.30.260.550.37-0.110.550.590.820.49-0.030.09-0.250.580.760.440.7
0.940.50.910.910.080.290.95-0.010.910.890.750.280.86-0.140.390.590.560.960.7-0.09-0.170.960.940.420.86
0.630.60.630.620.50.70.50.380.680.260.310.740.33-0.420.840.820.560.5-0.060.41-0.210.580.680.670.74
0.950.430.920.930.140.230.980.050.910.930.810.260.79-0.170.350.490.960.50.73-0.02-0.110.990.930.410.88
0.570.080.540.55-0.04-0.230.71-0.220.50.860.68-0.130.740.14-0.06-0.030.7-0.060.73-0.160.170.650.560.070.38
0.080.160.070.090.970.440.050.570.17-0.030.10.68-0.32-0.190.630.09-0.090.41-0.02-0.160.310.060.080.620.12
-0.14-0.05-0.15-0.150.32-0.220.02-0.21-0.140.050.4-0.15-0.140.24-0.12-0.25-0.17-0.21-0.110.170.31-0.13-0.120.28-0.18
0.980.520.960.970.220.350.980.130.970.890.80.370.75-0.220.450.580.960.580.990.650.06-0.130.960.50.92
0.970.660.950.960.220.380.930.150.960.830.720.440.73-0.130.510.760.940.680.930.560.08-0.120.960.510.9
0.490.290.480.480.670.750.520.330.610.310.580.680.11-0.350.610.440.420.670.410.070.620.280.50.510.6
0.920.540.90.910.280.510.870.270.930.710.670.480.59-0.260.580.70.860.740.880.380.12-0.180.920.90.6
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America Movil Account Relationship Matchups

America Movil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6T1.6T1.7T1.6T1.6T907.8B
Total Stockholder Equity226.9B237.9B457.6B373.8B366.7B208.1B
Property Plant And Equipment Net757.3B717.8B821.6B779.1B742.2B422.1B
Non Current Assets Total1.2T1.2T1.3T1.3T1.2T680.6B
Non Currrent Assets Other57.0B46.2B45.3B48.3B184.9B194.2B
Common Stock Shares Outstanding66.0B66.3B64.7B63.3B63.0B66.2B
Liabilities And Stockholders Equity1.6T1.6T1.7T1.6T1.6T907.8B
Short Long Term Debt Total744.9B737.7B662.6B542.7B625.8B390.5B
Other Current Liab64.9B59.5B71.6B219.4B206.2B216.5B
Total Current Liabilities525.4B496.1B528.1B488.9B524.4B285.1B
Current Deferred Revenue32.9B37.4B28.1B27.9B27.5B22.6B
Net Debt725.1B701.8B623.9B100.4B599.2B332.2B
Retained Earnings281.5B314.7B447.7B505.5B545.7B572.9B
Accounts Payable272.6B226.0B255.7B208.7B63.2B60.1B
Cash19.7B35.9B38.7B33.7B26.6B40.3B
Other Assets49.0B64.6B172.5B158.7B182.5B191.7B
Cash And Short Term Investments67.5B90.6B156.4B124.7B100.4B65.7B
Net Receivables211.5B217.7B212.3B201.7B138.1B118.4B
Short Term Investments47.7B54.6B117.7B91.0B73.8B77.4B
Non Current Liabilities Total779.6B772.7B701.6B691.4B618.1B422.3B
Inventory41.1B30.4B24.2B24.0B19.3B25.8B
Other Current Assets10.7B10.4B10.6B10.6B82.5B86.6B
Other Stockholder Equity49.0B(12.6B)68.0B(227.0B)95.4B100.1B
Total Liab1.3T1.3T1.2T1.2T1.1T707.4B
Total Current Assets330.8B349.0B403.5B361.0B340.2B223.9B
Accumulated Other Comprehensive Income(199.9B)(160.6B)(154.4B)(227.0B)(274.3B)(260.6B)
Short Term Debt155.1B173.2B172.8B32.9B185.3B194.6B
Intangible Assets125.2B133.5B143.2B128.9B121.5B75.3B
Other Liab189.8B238.1B211.8B181.6B208.8B219.3B
Long Term Debt495.1B480.3B418.8B408.6B339.7B216.5B
Good Will152.9B143.1B136.6B141.1B146.1B89.9B
Common Stock96.3B96.3B96.3B95.4B95.4B64.0B
Property Plant Equipment757.3B824.9B821.6B779.1B896.0B940.8B
Common Stock Total Equity96.3B96.3B96.3B96.3B110.8B84.2B
Property Plant And Equipment Gross757.3B824.9B1.5T779.1B1.3T1.4T
Net Tangible Assets(100.2B)(26.0B)177.8B103.8B119.4B125.3B
Long Term Investments2.5B1.8B9.9B31.0B29.3B16.2B
Short Long Term Debt129.2B148.1B145.1B102.0B161.0B106.7B
Long Term Debt Total589.8B564.6B489.8B509.8B458.8B453.2B
Capital Lease Obligations120.6B109.3B98.7B134.1B125.2B71.9B

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