America Net Invested Capital vs Other Current Assets Analysis

AMX Stock  CAD 1.13  0.03  2.59%   
America Movil financial indicator trend analysis is way more than just evaluating Amex Exploration prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amex Exploration is a good investment. Please check the relationship between America Movil Net Invested Capital and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amex Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Invested Capital vs Other Current Assets

Net Invested Capital vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amex Exploration Net Invested Capital account and Other Current Assets. At this time, the significance of the direction appears to have almost no relationship.
The correlation between America Movil's Net Invested Capital and Other Current Assets is 0.17. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Amex Exploration, assuming nothing else is changed. The correlation between historical values of America Movil's Net Invested Capital and Other Current 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 Net Invested Capital of Amex Exploration are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Invested Capital i.e., America Movil's Net Invested Capital and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 Amex Exploration 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 Amex Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is likely to climb to about 226.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 M in 2024.
 2010 2022 2023 2024 (projected)
Interest Income116.6K626.0K649.8K510.5K
Net Interest Income116.6K626.0K649.8K510.5K

America Movil fundamental ratios Correlations

0.571.00.49-0.67-0.80.90.650.970.950.650.810.940.92-0.30.990.580.40.20.57-0.621.00.990.980.950.55
0.570.550.72-0.82-0.640.670.820.370.610.820.640.60.25-0.250.640.960.59-0.090.990.040.50.50.420.660.92
1.00.550.49-0.67-0.80.90.650.970.960.640.810.940.92-0.30.980.570.390.20.55-0.641.00.990.980.950.55
0.490.720.49-0.95-0.520.560.950.330.490.960.840.510.22-0.20.490.780.72-0.080.68-0.310.420.410.40.620.8
-0.67-0.82-0.67-0.950.61-0.69-1.0-0.51-0.68-1.0-0.87-0.66-0.40.19-0.68-0.85-0.760.06-0.790.4-0.6-0.59-0.58-0.76-0.84
-0.8-0.64-0.8-0.520.61-0.88-0.6-0.71-0.83-0.58-0.71-0.94-0.640.67-0.8-0.69-0.17-0.25-0.60.25-0.79-0.82-0.74-0.82-0.71
0.90.670.90.56-0.69-0.880.670.810.960.650.750.930.72-0.340.870.720.20.230.63-0.350.890.890.830.890.73
0.650.820.650.95-1.0-0.60.670.490.661.00.860.640.38-0.190.660.850.76-0.060.79-0.380.580.570.550.750.84
0.970.370.970.33-0.51-0.710.810.490.90.490.720.880.99-0.270.940.360.30.240.37-0.70.980.981.00.880.34
0.950.610.960.49-0.68-0.830.960.660.90.640.720.930.82-0.320.930.640.260.240.59-0.490.950.950.910.920.63
0.650.820.640.96-1.0-0.580.651.00.490.640.870.620.39-0.180.660.840.8-0.080.8-0.390.580.570.550.750.82
0.810.640.810.84-0.87-0.710.750.860.720.720.870.790.64-0.240.790.70.670.030.61-0.620.770.770.760.850.71
0.940.60.940.51-0.66-0.940.930.640.880.930.620.790.81-0.480.920.640.270.210.57-0.480.940.950.90.910.64
0.920.250.920.22-0.4-0.640.720.380.990.820.390.640.81-0.260.90.220.260.250.26-0.710.950.940.980.820.19
-0.3-0.25-0.3-0.20.190.67-0.34-0.19-0.27-0.32-0.18-0.24-0.48-0.26-0.32-0.250.09-0.29-0.22-0.07-0.31-0.34-0.28-0.32-0.28
0.990.640.980.49-0.68-0.80.870.660.940.930.660.790.920.9-0.320.610.450.160.65-0.540.970.970.960.930.57
0.580.960.570.78-0.85-0.690.720.850.360.640.840.70.640.22-0.250.610.54-0.050.93-0.040.510.510.420.670.99
0.40.590.390.72-0.76-0.170.20.760.30.260.80.670.270.260.090.450.54-0.240.62-0.460.330.310.350.460.49
0.2-0.090.2-0.080.06-0.250.23-0.060.240.24-0.080.030.210.25-0.290.16-0.05-0.24-0.11-0.130.220.240.220.17-0.02
0.570.990.550.68-0.79-0.60.630.790.370.590.80.610.570.26-0.220.650.930.62-0.110.040.50.50.410.610.89
-0.620.04-0.64-0.310.40.25-0.35-0.38-0.7-0.49-0.39-0.62-0.48-0.71-0.07-0.54-0.04-0.46-0.130.04-0.63-0.62-0.7-0.58-0.03
1.00.51.00.42-0.6-0.790.890.580.980.950.580.770.940.95-0.310.970.510.330.220.5-0.631.00.990.930.49
0.990.50.990.41-0.59-0.820.890.570.980.950.570.770.950.94-0.340.970.510.310.240.5-0.621.00.990.930.49
0.980.420.980.4-0.58-0.740.830.551.00.910.550.760.90.98-0.280.960.420.350.220.41-0.70.990.990.910.39
0.950.660.950.62-0.76-0.820.890.750.880.920.750.850.910.82-0.320.930.670.460.170.61-0.580.930.930.910.65
0.550.920.550.8-0.84-0.710.730.840.340.630.820.710.640.19-0.280.570.990.49-0.020.89-0.030.490.490.390.65
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America Movil Account Relationship Matchups

America Movil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.1M55.5M66.6M111.1M108.9M114.4M
Total Current Liabilities3.2M10.8M2.4M11.3M2.9M1.5M
Total Stockholder Equity20.8M44.3M58.9M89.0M89.6M94.1M
Property Plant And Equipment Net9.0M22.7M49.9M78.0M1.1M1.0M
Net Debt(168.4K)(9.4M)(12.2M)(22.3M)(3.4M)(3.2M)
Retained Earnings(22.9M)(25.9M)(25.9M)(27.6M)(26.9M)(25.6M)
Accounts Payable983.0K1.8M1.9M1.7M1.7M1.8M
Cash168.4K9.4M12.2M22.3M3.4M2.2M
Non Current Assets Total9.0M22.7M49.9M78.0M102.6M107.7M
Non Currrent Assets Other6.3M5.5M9.0M101.5M116.8M122.6M
Cash And Short Term Investments182.2K9.4M12.2M25.8M3.4M2.5M
Net Receivables2.4M927.2K4.2M7.0M2.7M2.8M
Common Stock Shares Outstanding55.0M74.5M90.1M102.8M104.0M109.2M
Liabilities And Stockholders Equity24.1M55.5M66.6M111.1M108.9M114.4M
Non Current Liabilities Total0.0409.6K5.2M10.8M16.4M17.2M
Other Stockholder Equity1.6M2.1M2.3M2.2M1.9M1.8M
Total Liab3.2M11.3M7.7M22.2M19.3M20.3M
Total Current Assets15.1M32.9M16.7M33.2M6.3M4.9M
Short Term Investments13.7K14.2K12.6K3.5M6.0K5.7K
Accumulated Other Comprehensive Income4.6M8.2M6.4M6.4M7.3M7.7M
Other Current Assets110.8K116.6K278.0K(1.0)273.9K287.6K
Other Current Liab2.3M9.0M572.5K9.6M1.2M2.0M
Net Tangible Assets20.8M44.3M58.9M89.0M102.3M107.4M
Common Stock37.0M59.7M76.3M108.0M124.2M130.4M
Property Plant Equipment9.0M22.7M49.9M78.0M89.7M94.1M
Net Invested Capital20.8M44.3M58.9M89.0M89.6M49.6M
Net Working Capital11.8M22.0M14.3M21.8M3.4M3.2M
Capital Stock37.0M59.7M76.3M108.0M124.2M75.1M

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