Cemex Total Assets vs Other Current Assets Analysis

CX Stock  USD 5.57  0.14  2.58%   
Cemex SAB financial indicator trend analysis is way more than just evaluating Cemex SAB de prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cemex SAB de is a good investment. Please check the relationship between Cemex SAB Total Assets and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cemex SAB de. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Total Assets vs Other Current Assets

Total Assets vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cemex SAB de Total Assets account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Cemex SAB's Total Assets and Other Current Assets is 0.29. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Cemex SAB de, assuming nothing else is changed. The correlation between historical values of Cemex SAB's Total Assets 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 Total Assets of Cemex SAB de 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 Total Assets i.e., Cemex SAB's Total Assets and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Cemex SAB assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cemex SAB de books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

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 Cemex SAB's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cemex SAB de 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 Cemex SAB de. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Cemex SAB's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 624.7 M in 2024, whereas Discontinued Operations is likely to drop slightly above 200.7 M in 2024.
 2021 2023 2024 (projected)
Interest Expense693M575M546.3M
Depreciation And Amortization1.1B1.2B911.7M

Cemex SAB fundamental ratios Correlations

0.770.980.360.730.95-0.210.76-0.370.050.750.94-0.630.750.870.210.890.450.290.340.930.78-0.270.230.70.0
0.770.830.090.40.8-0.481.0-0.69-0.180.750.88-0.420.750.850.360.960.140.66-0.220.670.66-0.090.650.260.26
0.980.830.260.630.94-0.320.82-0.44-0.090.790.93-0.550.790.860.240.930.360.410.210.90.73-0.220.330.690.02
0.360.090.260.70.360.590.090.130.860.130.43-0.350.130.46-0.140.150.740.040.370.320.660.4-0.11-0.05-0.22
0.730.40.630.70.790.370.390.070.550.340.75-0.440.350.80.280.520.850.070.40.690.8-0.170.060.31-0.25
0.950.80.940.360.79-0.120.79-0.280.040.760.96-0.450.770.920.40.90.510.380.240.860.8-0.240.290.53-0.11
-0.21-0.48-0.320.590.37-0.12-0.470.720.63-0.43-0.160.3-0.39-0.11-0.29-0.430.54-0.30.36-0.210.110.21-0.49-0.32-0.28
0.761.00.820.090.390.79-0.47-0.69-0.190.730.88-0.410.730.850.360.960.140.67-0.240.660.66-0.080.660.240.28
-0.37-0.69-0.440.130.07-0.280.72-0.690.21-0.33-0.460.51-0.3-0.39-0.29-0.570.34-0.40.46-0.25-0.18-0.08-0.78-0.11-0.5
0.05-0.18-0.090.860.550.040.63-0.190.21-0.20.13-0.37-0.210.21-0.17-0.150.63-0.250.30.060.440.21-0.17-0.25-0.12
0.750.750.790.130.340.76-0.430.73-0.33-0.20.72-0.321.00.670.250.810.160.430.220.680.63-0.110.140.48-0.03
0.940.880.930.430.750.96-0.160.88-0.460.130.72-0.550.730.970.320.940.480.460.10.830.84-0.130.450.420.05
-0.63-0.42-0.55-0.35-0.44-0.450.3-0.410.51-0.37-0.32-0.55-0.3-0.510.02-0.47-0.190.05-0.32-0.64-0.460.14-0.17-0.52-0.16
0.750.750.790.130.350.77-0.390.73-0.3-0.211.00.73-0.30.670.240.810.160.430.230.680.63-0.10.130.47-0.04
0.870.850.860.460.80.92-0.110.85-0.390.210.670.97-0.510.670.320.890.580.470.060.810.87-0.120.450.310.0
0.210.360.24-0.140.280.4-0.290.36-0.29-0.170.250.320.020.240.320.350.110.27-0.230.160.2-0.260.43-0.04-0.09
0.890.960.930.150.520.9-0.430.96-0.57-0.150.810.94-0.470.810.890.350.270.58-0.040.80.74-0.230.520.450.18
0.450.140.360.740.850.510.540.140.340.630.160.48-0.190.160.580.110.270.170.340.520.73-0.08-0.10.1-0.25
0.290.660.410.040.070.38-0.30.67-0.4-0.250.430.460.050.430.470.270.580.17-0.430.280.370.240.54-0.130.13
0.34-0.220.210.370.40.240.36-0.240.460.30.220.1-0.320.230.06-0.23-0.040.34-0.430.390.28-0.16-0.810.58-0.35
0.930.670.90.320.690.86-0.210.66-0.250.060.680.83-0.640.680.810.160.80.520.280.390.75-0.290.120.72-0.01
0.780.660.730.660.80.80.110.66-0.180.440.630.84-0.460.630.870.20.740.730.370.280.75-0.090.150.230.07
-0.27-0.09-0.220.4-0.17-0.240.21-0.08-0.080.21-0.11-0.130.14-0.1-0.12-0.26-0.23-0.080.24-0.16-0.29-0.090.06-0.44-0.22
0.230.650.33-0.110.060.29-0.490.66-0.78-0.170.140.45-0.170.130.450.430.52-0.10.54-0.810.120.150.06-0.20.35
0.70.260.69-0.050.310.53-0.320.24-0.11-0.250.480.42-0.520.470.31-0.040.450.1-0.130.580.720.23-0.44-0.2-0.1
0.00.260.02-0.22-0.25-0.11-0.280.28-0.5-0.12-0.030.05-0.16-0.040.0-0.090.18-0.250.13-0.35-0.010.07-0.220.35-0.1
Click cells to compare fundamentals

Cemex SAB Account Relationship Matchups

Cemex SAB fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets29.4B27.4B26.7B26.4B29.6B30.7B
Short Long Term Debt Total11.8B11.2B9.2B8.8B8.2B12.1B
Other Current Liab1.2B1.1B984M926M1.2B1.3B
Total Current Liabilities5.4B5.4B5.4B5.5B6.8B4.9B
Total Stockholder Equity9.3B8.1B9.8B10.5B11.1B10.1B
Property Plant And Equipment Net11.9B11.5B11.4B11.3B12.5B14.1B
Current Deferred Revenue225M201M257M293M384M364.8M
Net Debt11.0B10.2B8.5B8.3B7.5B11.4B
Retained Earnings1.6B2.6B3.4B4.2B4.4B4.3B
Accounts Payable2.5B2.6B2.8B3.0B3.1B1.7B
Cash788M950M613M495M624M684.4M
Non Current Assets Total24.8B23.2B22.4B21.9B24.6B26.5B
Non Currrent Assets Other199M249M226M318M1.5B1.6B
Cash And Short Term Investments788M950M613M495M624M759.6M
Net Receivables1.8B1.5B1.6B1.8B1.8B1.8B
Common Stock Shares Outstanding1.5B1.5B1.5B1.5B1.5B1.4B
Liabilities And Stockholders Equity29.4B27.4B26.7B26.4B29.6B31.2B
Non Current Liabilities Total13.1B13.1B11.0B10.0B11.4B14.1B
Inventory989M971M1.3B1.7B1.8B1.1B
Other Current Assets117M781M1.2B760M841M1.2B
Total Liab18.5B18.5B16.4B26.4B18.2B19.5B
Total Current Assets4.6B4.2B4.2B4.5B5.0B4.1B
Short Term Debt1.4B1.1B940M987M975M1.1B
Accumulated Other Comprehensive Income(2.7B)(2.5B)(1.4B)(1.6B)(1.1B)(1.1B)
Intangible Assets2.0B1.7B1.7B1.7B1.9B1.8B
Other Liab2.7B3.0B3.7B2.2B2.5B2.4B
Other Assets826M989M11.1B411.1M472.8M449.1M
Long Term Debt9.3B9.2B7.3B6.9B6.2B11.0B
Property Plant Equipment11.9B11.4B11.3B11.3B13.0B25.6B
Property Plant And Equipment Gross11.9B11.4B22.7B23.0B25.2B17.4B
Good Will9.6B8.5B8.0B7.5B7.7B8.1B
Net Tangible Assets(2.3B)(2.2B)9.8B1.2B1.4B1.5B
Long Term Investments518M536M552M648M733M696.4M
Short Long Term Debt582M179M73M729M703M667.9M
Capital Surpluse10.0B10.1B7.6B7.5B8.6B8.3B

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