America Depreciation And Amortization vs Net Receivables Analysis

AMX Stock   0.30  0.02  6.25%   
America Movil financial indicator trend analysis is way more than just evaluating America Movil prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether America Movil is a good investment. Please check the relationship between America Movil Depreciation And Amortization and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aerometrex. 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.

Depreciation And Amortization vs Net Receivables

Depreciation And Amortization vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of America Movil Depreciation And Amortization account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between America Movil's Depreciation And Amortization and Net Receivables is 0.84. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Aerometrex, assuming nothing else is changed. The correlation between historical values of America Movil's Depreciation And Amortization and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Aerometrex are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Depreciation And Amortization i.e., America Movil's Depreciation And Amortization and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Receivables

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 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 Aerometrex. 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.
Selling General Administrative is likely to gain to about 9.4 M in 2024, despite the fact that Tax Provision is likely to grow to (1.4 M).
 2021 2022 2023 2024 (projected)
Depreciation And Amortization8.4M9.2M8.9M5.2M
Interest Income31K194K328K344.4K

America Movil fundamental ratios Correlations

0.390.780.960.970.860.90.63-0.52-0.490.930.870.92-0.36-0.160.870.67-0.33-0.2-0.830.420.720.910.470.80.99
0.390.640.430.220.220.61-0.310.51-0.830.340.150.530.56-0.130.150.13-0.930.45-0.450.970.880.170.490.160.32
0.780.640.770.70.850.830.25-0.07-0.640.770.560.84-0.01-0.40.560.47-0.69-0.17-0.760.730.860.590.160.740.73
0.960.430.770.890.850.910.65-0.39-0.560.940.740.95-0.33-0.110.740.79-0.36-0.1-0.880.470.770.820.530.80.94
0.970.220.70.890.830.770.71-0.69-0.330.870.950.81-0.48-0.10.950.64-0.22-0.26-0.780.240.570.980.380.780.98
0.860.220.850.850.830.810.66-0.42-0.40.90.640.88-0.39-0.380.640.67-0.26-0.37-0.770.330.610.70.060.940.84
0.90.610.830.910.770.810.39-0.17-0.670.870.620.98-0.09-0.260.620.56-0.48-0.09-0.770.650.840.670.480.740.86
0.63-0.310.250.650.710.660.39-0.68-0.10.740.550.52-0.66-0.130.550.830.24-0.16-0.55-0.210.140.640.030.770.69
-0.520.51-0.07-0.39-0.69-0.42-0.17-0.68-0.42-0.38-0.77-0.220.79-0.14-0.77-0.28-0.50.590.270.510.19-0.75-0.1-0.38-0.58
-0.49-0.83-0.64-0.56-0.33-0.4-0.67-0.1-0.42-0.6-0.13-0.68-0.430.37-0.13-0.480.82-0.560.58-0.9-0.89-0.21-0.28-0.49-0.47
0.930.340.770.940.870.90.870.74-0.38-0.60.680.94-0.3-0.390.680.84-0.33-0.1-0.810.440.720.760.280.930.93
0.870.150.560.740.950.640.620.55-0.77-0.130.680.62-0.490.071.00.42-0.14-0.33-0.640.130.430.990.450.550.89
0.920.530.840.950.810.880.980.52-0.22-0.680.940.62-0.18-0.320.620.68-0.44-0.1-0.820.60.830.690.390.830.89
-0.360.56-0.01-0.33-0.48-0.39-0.09-0.660.79-0.43-0.3-0.49-0.18-0.23-0.49-0.31-0.540.560.140.50.21-0.5-0.04-0.31-0.39
-0.16-0.13-0.4-0.11-0.1-0.38-0.26-0.13-0.140.37-0.390.07-0.32-0.230.07-0.20.220.07-0.03-0.3-0.250.030.5-0.52-0.17
0.870.150.560.740.950.640.620.55-0.77-0.130.681.00.62-0.490.070.42-0.14-0.33-0.640.130.430.990.450.550.89
0.670.130.470.790.640.670.560.83-0.28-0.480.840.420.68-0.31-0.20.42-0.180.09-0.730.230.520.550.250.770.68
-0.33-0.93-0.69-0.36-0.22-0.26-0.480.24-0.50.82-0.33-0.14-0.44-0.540.22-0.14-0.18-0.480.47-0.94-0.85-0.16-0.26-0.23-0.29
-0.20.45-0.17-0.1-0.26-0.37-0.09-0.160.59-0.56-0.1-0.33-0.10.560.07-0.330.09-0.480.030.390.26-0.270.18-0.16-0.18
-0.83-0.45-0.76-0.88-0.78-0.77-0.77-0.550.270.58-0.81-0.64-0.820.14-0.03-0.64-0.730.470.03-0.49-0.75-0.71-0.4-0.7-0.81
0.420.970.730.470.240.330.65-0.210.51-0.90.440.130.60.5-0.30.130.23-0.940.39-0.490.920.160.350.30.36
0.720.880.860.770.570.610.840.140.19-0.890.720.430.830.21-0.250.430.52-0.850.26-0.750.920.490.470.560.67
0.910.170.590.820.980.70.670.64-0.75-0.210.760.990.69-0.50.030.990.55-0.16-0.27-0.710.160.490.470.630.94
0.470.490.160.530.380.060.480.03-0.1-0.280.280.450.39-0.040.50.450.25-0.260.18-0.40.350.470.47-0.060.42
0.80.160.740.80.780.940.740.77-0.38-0.490.930.550.83-0.31-0.520.550.77-0.23-0.16-0.70.30.560.63-0.060.81
0.990.320.730.940.980.840.860.69-0.58-0.470.930.890.89-0.39-0.170.890.68-0.29-0.18-0.810.360.670.940.420.81
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America Movil Account Relationship Matchups

America Movil fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.1M46.2M44.7M45.8M53.0M39.5M
Short Long Term Debt Total3.1M3.6M2.9M3.9M20.3M21.3M
Other Current Liab6.6M3.8M3.3M3.3M6.7M7.0M
Total Current Liabilities8.0M8.4M8.9M9.8M10.5M7.6M
Total Stockholder Equity37.2M34.3M33.0M29.0M24.5M25.4M
Net Tangible Assets30.6M26.2M24.0M21.1M24.2M15.5M
Property Plant And Equipment Net16.4M16.7M14.8M15.9M29.9M15.4M
Current Deferred Revenue1.3M2.8M3.5M3.7M(7K)(6.7K)
Net Debt(19.1M)(12.9M)(11.2M)(6.0M)12.0M12.6M
Retained Earnings3.8M(293K)(1.6M)(4.2M)(8.8M)(8.4M)
Accounts Payable1.1M1.1M1.3M1.5M1.3M1.0M
Cash22.2M16.6M14.1M9.8M8.3M12.3M
Non Current Assets Total24.4M24.9M23.8M28.5M40.4M22.5M
Non Currrent Assets Other(12.9M)(22.9M)(24.9M)(23.8M)8.7M9.1M
Long Term Debt3.1M1.8M2.4M1.6M1.4M1.9M
Cash And Short Term Investments22.2M16.6M14.1M9.8M8.3M12.3M
Net Receivables3.1M3.7M6.2M6.9M3.5M4.1M
Long Term Debt Total2.7M3.0M2.3M2.7M2.4M2.4M
Liabilities And Stockholders Equity50.1M46.2M44.7M45.8M53.0M39.5M
Non Current Liabilities Total4.5M3.2M2.8M7.0M18.0M18.9M
Total Liab12.5M11.5M11.7M16.8M28.5M30.0M
Total Current Assets25.8M21.4M20.8M17.3M12.6M17.0M
Accumulated Other Comprehensive Income487K1.7M1.7M224K232K220.4K
Short Term Debt400K685K611K1.2M2.5M1.7M
Intangible Assets6.6M8.1M9.0M7.9M6.7M5.1M
Property Plant Equipment16.4M16.7M14.8M15.9M18.3M12.6M
Other Liab1.7M2.8M503K183K164.7K156.5K
Other Assets349K1.4M2.5M552K634.8K969.7K
Short Long Term Debt1.3M244K631K1.2M1.1M722.2K
Other Current Assets456K1.1M477K623K819K650.5K
Other Stockholder Equity7.7M1.7M(1.0)224K201.6K191.5K
Net Invested Capital39.2M37.4M33.0M29.0M27.3M28.0M
Property Plant And Equipment Gross16.4M25.9M25.4M29.4M45.8M28.8M
Net Working Capital17.7M13.0M12.0M7.5M2.1M2.0M

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