Fomento Cash And Short Term Investments vs Other Stockholder Equity Analysis

FMX Stock  USD 94.08  0.01  0.01%   
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 Cash And Short Term Investments and its Other Stockholder Equity 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 closely tied with the direction of predictive economic indicators such as signals in population.

Cash And Short Term Investments vs Other Stockholder Equity

Cash And Short Term Investments vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fomento Economico Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Fomento Economico's Cash And Short Term Investments and Other Stockholder Equity is -0.19. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity 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 Cash And Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Fomento Economico Mexicano are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Cash And Short Term Investments i.e., Fomento Economico's Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Fomento Economico balance sheet. This account contains Fomento Economico investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Fomento Economico Mexicano fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Stockholder Equity

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 closely tied 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 0.07 in 2025, whereas Tax Provision is likely to drop slightly above 13.3 B in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense16.3B17.2B19.8B20.8B
Depreciation And Amortization30.5B34.0B39.1B41.1B

Fomento Economico fundamental ratios Correlations

0.580.430.30.460.580.46-0.110.390.590.520.390.640.310.40.610.410.450.480.30.060.430.40.440.290.31
0.580.960.870.970.950.970.00.640.980.960.760.950.810.90.840.850.960.980.71-0.190.960.90.940.650.84
0.430.960.90.940.840.95-0.050.710.90.940.630.930.760.830.70.891.00.970.62-0.331.00.850.880.530.83
0.30.870.90.930.850.960.120.420.860.80.740.750.890.880.520.660.870.920.81-0.170.890.940.910.660.66
0.460.970.940.930.950.990.130.540.970.920.830.880.890.930.790.80.920.990.81-0.160.940.960.970.720.8
0.580.950.840.850.950.940.10.440.980.90.890.840.890.930.840.680.830.920.850.040.830.940.960.820.75
0.460.970.950.960.990.940.110.540.960.90.810.870.90.920.730.780.940.990.81-0.190.950.960.960.70.77
-0.110.0-0.050.120.130.10.11-0.110.1-0.150.31-0.160.30.160.13-0.1-0.080.090.4-0.2-0.050.260.190.14-0.22
0.390.640.710.420.540.440.54-0.110.540.680.150.750.290.340.550.850.740.620.15-0.390.710.390.430.030.66
0.590.980.90.860.970.980.960.10.540.940.850.890.870.940.860.760.90.960.8-0.120.90.930.960.740.77
0.520.960.940.80.920.90.9-0.150.680.940.670.950.720.840.820.870.940.940.6-0.160.930.810.870.610.86
0.390.760.630.740.830.890.810.310.150.850.670.560.930.930.730.40.620.760.950.00.610.920.910.870.58
0.640.950.930.750.880.840.87-0.160.750.890.950.560.610.730.820.930.940.920.49-0.160.930.740.790.480.84
0.310.810.760.890.890.890.90.30.290.870.720.930.610.950.610.490.740.840.97-0.150.750.980.950.80.61
0.40.90.830.880.930.930.920.160.340.940.840.930.730.950.740.580.820.90.88-0.190.820.960.990.810.71
0.610.840.70.520.790.840.730.130.550.860.820.730.820.610.740.740.710.790.58-0.070.690.70.780.590.76
0.410.850.890.660.80.680.78-0.10.850.760.870.40.930.490.580.740.90.850.36-0.280.890.620.670.290.82
0.450.961.00.870.920.830.94-0.080.740.90.940.620.940.740.820.710.90.960.59-0.330.990.830.870.510.85
0.480.980.970.920.990.920.990.090.620.960.940.760.920.840.90.790.850.960.74-0.250.970.920.950.640.82
0.30.710.620.810.810.850.810.40.150.80.60.950.490.970.880.580.360.590.740.010.60.930.880.830.49
0.06-0.19-0.33-0.17-0.160.04-0.19-0.2-0.39-0.12-0.160.0-0.16-0.15-0.19-0.07-0.28-0.33-0.250.01-0.34-0.17-0.20.3-0.14
0.430.961.00.890.940.830.95-0.050.710.90.930.610.930.750.820.690.890.990.970.6-0.340.840.870.510.83
0.40.90.850.940.960.940.960.260.390.930.810.920.740.980.960.70.620.830.920.93-0.170.840.980.780.68
0.440.940.880.910.970.960.960.190.430.960.870.910.790.950.990.780.670.870.950.88-0.20.870.980.780.75
0.290.650.530.660.720.820.70.140.030.740.610.870.480.80.810.590.290.510.640.830.30.510.780.780.55
0.310.840.830.660.80.750.77-0.220.660.770.860.580.840.610.710.760.820.850.820.49-0.140.830.680.750.55
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Fomento Economico Account Relationship Matchups

Fomento Economico fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets684.8B737.5B798.8B805.8B926.7B973.0B
Short Long Term Debt Total247.0B246.9B280.6B232.9B267.8B281.2B
Other Current Liab100.7B122.8B143.4B162.6B187.0B196.4B
Total Current Liabilities118.4B136.7B176.9B186.3B214.2B224.9B
Total Stockholder Equity237.7B262.6B262.6B379.1B436.0B457.8B
Property Plant And Equipment Net167.9B172.1B218.0B227.3B261.4B274.4B
Current Deferred Revenue(75.8B)(73.1B)(91.4B)9.7B8.7B9.1B
Net Debt76.3B87.1B103.9B67.8B78.0B39.1B
Retained Earnings215.6B238.3B251.2B304.7B350.4B367.9B
Accounts Payable75.2B93.4B78.4B81.5B93.7B98.4B
Cash44.0B32.1B39.6B165.1B189.9B199.4B
Non Current Assets Total483.6B506.8B572.2B449.6B517.1B542.9B
Non Currrent Assets Other62.0B69.2B60.2B196.0B225.4B236.7B
Cash And Short Term Investments109.0B121.8B83.5B191.8B220.6B231.6B
Net Receivables23.8B28.6B37.1B38.9B44.7B46.9B
Good Will48.0B57.4B85.7B45.5B52.4B55.0B
Liabilities And Stockholders Equity684.8B737.5B798.8B805.8B926.7B973.0B
Non Current Liabilities Total259.1B266.0B286.1B240.4B276.5B290.3B
Inventory44.0B50.9B62.2B58.2B67.0B70.3B
Other Current Assets2.9B2.7B11.7B67.3B77.4B81.3B
Other Stockholder Equity973.0M3.1B(9.6B)18.0B16.2B21.9B
Total Liab447.1B474.9B536.2B426.7B490.7B515.2B
Property Plant And Equipment Gross167.9B172.1B218.0B338.5B389.2B408.7B
Total Current Assets201.3B230.7B226.4B356.2B409.6B430.1B
Accumulated Other Comprehensive Income(843M)3.1B(9.6B)(21.7B)(25.0B)(23.8B)
Short Term Debt15.6B2.0B1.9B23.6B27.2B28.6B
Other Liab26.2B27.8B31.1B29.5B33.9B35.6B
Other Assets39.3B27.9B49.6B52.9B60.8B63.9B
Long Term Debt179.9B185.9B173.4B128.4B147.6B155.0B
Intangible Assets107.5B100.8B105.1B98.5B113.2B74.1B
Property Plant Equipment167.2B167.9B172.1B218.0B250.7B263.2B
Short Term Investments1.3B24.4B51M26.7B30.7B32.3B
Net Tangible Assets104.5B81.5B176.7B71.1B81.7B83.4B
Long Term Investments98.3B107.3B103.7B35.3B40.7B38.6B
Short Long Term Debt8.8B4.6B16.3B8.5B7.6B12.1B
Long Term Debt Total149.0B231.4B241.0B254.6B292.8B162.8B
Capital Surpluse18.2B17.8B17.9B17.7B20.4B21.8B

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