Ternium Total Assets vs Cash And Equivalents Analysis

TX Stock

USD 33.10 0.55 1.69%

Ternium SA financial indicator trend analysis is much more than just breaking down Ternium SA ADR prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ternium SA ADR is a good investment. Please check the relationship between Ternium SA Total Assets and its Cash And Equivalents accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ternium 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 interest.

Total Assets vs Cash And Equivalents

Total Assets vs Cash And Equivalents Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ternium SA ADR Total Assets account and Cash And Equivalents. At this time, the significance of the direction appears to have strong relationship.

The correlation between Ternium SA's Total Assets and Cash And Equivalents is 0.64. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash And Equivalents in the same time period over historical financial statements of Ternium SA ADR, assuming nothing else is changed. The correlation between historical values of Ternium SA's Total Assets and Cash And Equivalents 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 Ternium SA ADR are associated (or correlated) with its Cash And Equivalents. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Equivalents has no effect on the direction of Total Assets i.e., Ternium SA's Total Assets and Cash And Equivalents go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Total Assets

Total assets refers to the total amount of Ternium SA 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 Ternium SA ADR 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.

Cash And Equivalents

Most indicators from Ternium SA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ternium 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Ternium 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 interest.

At this time, Ternium SA's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 4.68 in 2024, whereas Tax Provision is likely to drop slightly above 180.5 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	27.0M	46.7M	185.1M	99.9M
Depreciation And Amortization	589.4M	620.7M	710.7M	385.9M

Interest Expense Depreciation And Amortization

Ternium SA fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment	Retained Earnings
Total Assets		0.24	0.49	0.88	0.85	0.34	0.9	-0.26	0.75	0.66	0.94	0.51	0.14	0.31	0.7	0.55	0.72	0.82	-0.37	0.79	0.8	0.8	-0.18	0.13	0.88	0.94
Short Long Term Debt Total	0.24		-0.14	0.42	0.15	0.51	0.45	0.65	0.2	-0.05	0.45	0.06	0.54	0.83	-0.07	0.69	-0.14	0.26	-0.57	0.59	0.03	0.11	0.56	0.32	0.47	0.16
Other Current Liab	0.49	-0.14		0.34	0.68	0.09	0.38	-0.47	0.86	0.21	0.47	0.91	-0.24	0.01	0.62	0.12	0.75	0.73	0.12	0.44	0.75	0.74	-0.68	-0.17	0.34	0.39
Total Current Liabilities	0.88	0.42	0.34		0.68	0.33	0.76	-0.04	0.64	0.53	0.83	0.41	0.1	0.31	0.54	0.63	0.53	0.76	-0.52	0.82	0.65	0.68	0.18	0.2	0.75	0.78
Total Stockholder Equity	0.85	0.15	0.68	0.68		0.18	0.77	-0.49	0.9	0.66	0.76	0.67	-0.04	0.11	0.9	0.54	0.93	0.95	-0.29	0.56	0.97	0.96	-0.37	0.1	0.76	0.83
Other Liab	0.34	0.51	0.09	0.33	0.18		0.6	0.48	0.21	-0.18	0.5	0.16	0.85	0.58	-0.1	0.42	-0.03	0.23	-0.34	0.56	0.15	0.11	0.07	-0.14	0.61	0.34
Property Plant And Equipment Net	0.9	0.45	0.38	0.76	0.77	0.6		0.03	0.68	0.41	0.96	0.4	0.42	0.51	0.51	0.69	0.56	0.73	-0.4	0.77	0.69	0.66	-0.12	0.0	1.0	0.9
Net Debt	-0.26	0.65	-0.47	-0.04	-0.49	0.48	0.03		-0.43	-0.69	0.04	-0.44	0.58	0.6	-0.76	0.22	-0.71	-0.4	-0.27	0.15	-0.56	-0.58	0.63	-0.21	0.06	-0.23
Accounts Payable	0.75	0.2	0.86	0.64	0.9	0.21	0.68	-0.43		0.52	0.72	0.9	-0.08	0.24	0.82	0.48	0.86	0.94	-0.15	0.68	0.9	0.94	-0.47	0.15	0.65	0.63
Cash	0.66	-0.05	0.21	0.53	0.66	-0.18	0.41	-0.69	0.52		0.41	0.35	-0.23	-0.08	0.85	0.26	0.68	0.59	-0.2	0.34	0.61	0.71	-0.17	0.61	0.4	0.58
Non Current Assets Total	0.94	0.45	0.47	0.83	0.76	0.5	0.96	0.04	0.72	0.41		0.48	0.29	0.54	0.5	0.67	0.55	0.75	-0.43	0.85	0.68	0.67	-0.1	0.02	0.95	0.88
Non Currrent Assets Other	0.51	0.06	0.91	0.41	0.67	0.16	0.4	-0.44	0.9	0.35	0.48		-0.12	0.2	0.66	0.17	0.7	0.77	0.06	0.61	0.72	0.79	-0.6	0.15	0.36	0.31
Other Assets	0.14	0.54	-0.24	0.1	-0.04	0.85	0.42	0.58	-0.08	-0.23	0.29	-0.12		0.66	-0.28	0.17	-0.25	-0.01	-0.17	0.41	-0.08	-0.12	0.17	-0.1	0.44	0.17
Long Term Debt	0.31	0.83	0.01	0.31	0.11	0.58	0.51	0.6	0.24	-0.08	0.54	0.2	0.66		-0.12	0.44	-0.16	0.2	-0.27	0.71	-0.01	0.08	0.17	0.25	0.52	0.18
Cash And Short Term Investments	0.7	-0.07	0.62	0.54	0.9	-0.1	0.51	-0.76	0.82	0.85	0.5	0.66	-0.28	-0.12		0.31	0.95	0.84	-0.1	0.39	0.89	0.94	-0.42	0.33	0.49	0.64
Common Stock Shares Outstanding	0.55	0.69	0.12	0.63	0.54	0.42	0.69	0.22	0.48	0.26	0.67	0.17	0.17	0.44	0.31		0.27	0.57	-0.79	0.49	0.4	0.45	0.34	0.29	0.71	0.56
Short Term Investments	0.72	-0.14	0.75	0.53	0.93	-0.03	0.56	-0.71	0.86	0.68	0.55	0.7	-0.25	-0.16	0.95	0.27		0.86	0.0	0.38	0.96	0.94	-0.52	0.04	0.53	0.69
Inventory	0.82	0.26	0.73	0.76	0.95	0.23	0.73	-0.4	0.94	0.59	0.75	0.77	-0.01	0.2	0.84	0.57	0.86		-0.36	0.69	0.95	0.97	-0.3	0.18	0.71	0.74
Other Current Assets	-0.37	-0.57	0.12	-0.52	-0.29	-0.34	-0.4	-0.27	-0.15	-0.2	-0.43	0.06	-0.17	-0.27	-0.1	-0.79	0.0	-0.36		-0.33	-0.19	-0.22	-0.55	-0.31	-0.42	-0.38
Total Liab	0.79	0.59	0.44	0.82	0.56	0.56	0.77	0.15	0.68	0.34	0.85	0.61	0.41	0.71	0.39	0.49	0.38	0.69	-0.33		0.53	0.59	-0.02	0.23	0.76	0.6
Property Plant And Equipment Gross	0.8	0.03	0.75	0.65	0.97	0.15	0.69	-0.56	0.9	0.61	0.68	0.72	-0.08	-0.01	0.89	0.4	0.96	0.95	-0.19	0.53		0.97	-0.44	0.0	0.67	0.78
Total Current Assets	0.8	0.11	0.74	0.68	0.96	0.11	0.66	-0.58	0.94	0.71	0.67	0.79	-0.12	0.08	0.94	0.45	0.94	0.97	-0.22	0.59	0.97		-0.41	0.23	0.63	0.71
Short Term Debt	-0.18	0.56	-0.68	0.18	-0.37	0.07	-0.12	0.63	-0.47	-0.17	-0.1	-0.6	0.17	0.17	-0.42	0.34	-0.52	-0.3	-0.55	-0.02	-0.44	-0.41		0.22	-0.09	-0.15
Intangible Assets	0.13	0.32	-0.17	0.2	0.1	-0.14	0.0	-0.21	0.15	0.61	0.02	0.15	-0.1	0.25	0.33	0.29	0.04	0.18	-0.31	0.23	0.0	0.23	0.22		0.0	-0.05
Property Plant Equipment	0.88	0.47	0.34	0.75	0.76	0.61	1.0	0.06	0.65	0.4	0.95	0.36	0.44	0.52	0.49	0.71	0.53	0.71	-0.42	0.76	0.67	0.63	-0.09	0.0		0.9
Retained Earnings	0.94	0.16	0.39	0.78	0.83	0.34	0.9	-0.23	0.63	0.58	0.88	0.31	0.17	0.18	0.64	0.56	0.69	0.74	-0.38	0.6	0.78	0.71	-0.15	-0.05	0.9

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Ternium SA Account Relationship Matchups

Ternium SA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.9B	12.9B	17.1B	17.5B	24.2B	12.4B
Short Long Term Debt Total	2.5B	2.0B	1.7B	1.3B	1.5B	2.2B
Other Current Liab	30.0M	143.7M	20.5M	481.1M	1.4B	1.4B
Total Current Liabilities	1.8B	1.9B	3.2B	2.2B	3.8B	2.0B
Total Stockholder Equity	6.6B	7.3B	10.5B	11.8B	12.4B	13.0B
Other Liab	1.5B	980.1M	777.4M	783.5M	901.0M	667.2M
Property Plant And Equipment Net	6.7B	6.6B	6.6B	6.4B	7.6B	5.5B
Net Debt	2.0B	1.5B	462.1M	(382.3M)	(371.4M)	(352.8M)
Accounts Payable	876.8M	1.0B	1.1B	1.2B	2.2B	2.3B
Cash	519.9M	537.8M	1.3B	1.7B	1.8B	932.0M
Non Current Assets Total	8.8B	8.3B	8.5B	8.6B	12.2B	7.4B
Non Currrent Assets Other	593.5M	243.3M	178.0M	318.7M	2.8B	2.9B
Other Assets	757M	402.0M	338.8M	202M	(24.1M)	(22.9M)
Long Term Debt	1.6B	1.3B	656.5M	533M	1.2B	1.0B
Cash And Short Term Investments	732.2M	1.4B	2.6B	3.5B	3.8B	4.0B
Short Term Investments	212.3M	813.5M	1.3B	1.9B	2.0B	2.1B
Liabilities And Stockholders Equity	12.9B	12.9B	17.1B	17.5B	24.2B	12.4B
Inventory	2.2B	2.0B	3.9B	3.5B	4.9B	5.2B
Other Current Assets	3.4M	295.1M	6.3M	2M	89.2M	84.0M
Total Liab	5.2B	4.4B	4.9B	3.7B	7.4B	4.8B
Property Plant And Equipment Gross	6.5B	6.6B	14.1B	14.3B	16.2B	17.0B
Total Current Assets	4.2B	4.6B	8.6B	8.8B	12.0B	12.6B
Short Term Debt	600.3M	438.1M	866.9M	548.2M	76.6M	72.8M
Intangible Assets	157.5M	107.4M	87.2M	121.1M	333.7M	316.8M
Property Plant Equipment	6.5B	6.5B	6.4B	6.3B	7.2B	5.3B
Retained Earnings	8.5B	9.3B	12.6B	13.8B	13.9B	7.1B
Net Receivables	1.3B	918.4M	2.1B	1.8B	3.2B	3.3B
Non Current Liabilities Total	3.5B	2.6B	1.6B	1.5B	3.6B	2.0B
Other Stockholder Equity	6.0B	6.4B	(2.5B)	(4.0B)	(214.1M)	(203.4M)
Accumulated Other Comprehensive Income	(1.4B)	(1.5B)	(1.5B)	(1.5B)	(3.3B)	(3.4B)
Current Deferred Revenue	261.0M	340.5M	1.2B	925.6M	833.1M	487.0M
Long Term Investments	516.9M	474.2M	818.8M	923M	728.2M	526.9M
Short Long Term Debt	559.8M	395.6M	822.6M	499M	24.5M	23.2M
Net Tangible Assets	5.7B	6.4B	9.6B	10.9B	12.5B	6.4B
Long Term Debt Total	1.9B	1.6B	871.8M	723M	831.5M	1.3B
Non Current Liabilities Other	30.6M	551.8M	506.8M	539M	28.6M	27.2M

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Ternium Total Assets vs Cash And Equivalents Analysis

Total Assets vs Cash And Equivalents

Total Assets vs Cash And Equivalents Correlation Analysis

Correlation Coefficient

Total Assets

Cash And Equivalents

Ternium SA fundamental ratios Correlations

Ternium SA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ternium SA fundamental ratios Accounts

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Additional Tools for Ternium Stock Analysis

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Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 0.97	Total Stockholder Equity
Total Current Assets	+ 0.97	Inventory
Total Current Assets	+ 0.97	Property Plant And Equipment Gross
Total Current Assets	+ 0.96	Total Stockholder Equity
Non Current Assets Total	+ 0.96	Property Plant And Equipment Net

Other Current Assets	- 0.79	Common Stock Shares Outstanding
Cash And Short Term Investments	- 0.76	Net Debt
Short Term Investments	- 0.71	Net Debt
Cash	- 0.69	Net Debt
Short Term Debt	- 0.68	Other Current Liab
Short Term Debt	- 0.6	Non Currrent Assets Other