AMX Stock | | | USD 15.00 0.18 1.19% |
America Movil financial indicator trend analysis is way more than just evaluating America Movil SAB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether America Movil SAB is a good investment. Please check the relationship between America Movil Net Debt and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in America Movil SAB. 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.
Net Debt vs Good Will
Net Debt vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
America Movil SAB Net Debt account and
Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between America Movil's Net Debt and Good Will is 0.78. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of America Movil SAB, assuming nothing else is changed. The correlation between historical values of America Movil's Net Debt and Good Will 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 Debt of America Movil SAB are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Debt i.e., America Movil's Net Debt and Good Will go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 SAB 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 America Movil SAB. 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.
Selling General Administrative is likely to drop to about 166.1
B in 2024.
Tax Provision is likely to drop to about 29
B in 2024
America Movil fundamental ratios Correlations
Click cells to compare fundamentals
America Movil Account Relationship Matchups
High Positive Relationship
High Negative Relationship
America Movil fundamental ratios Accounts
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