Cemex Interest Income vs Selling General Administrative Analysis

CX Stock  USD 5.50  0.05  0.92%   
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 Interest Income and its Selling General Administrative 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.

Interest Income vs Selling General Administrative

Interest Income vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cemex SAB de Interest Income account and Selling General Administrative. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Cemex SAB's Interest Income and Selling General Administrative is 0.12. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Selling General Administrative 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 Interest Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Cemex SAB de are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Interest Income i.e., Cemex SAB's Interest Income and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Selling General Administrative

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

0.770.980.360.730.95-0.210.76-0.370.050.750.94-0.720.750.870.210.890.450.290.340.930.78-0.270.230.70.0
0.770.830.090.40.8-0.481.0-0.69-0.180.750.88-0.380.750.850.360.960.140.66-0.220.670.66-0.090.650.260.26
0.980.830.260.630.94-0.320.82-0.44-0.090.790.93-0.60.790.860.240.930.360.410.210.90.73-0.220.330.690.02
0.360.090.260.70.360.590.090.130.860.130.43-0.560.130.46-0.140.150.740.040.370.320.660.4-0.11-0.05-0.22
0.730.40.630.70.790.370.390.070.550.340.75-0.650.350.80.280.520.850.070.40.690.8-0.170.060.31-0.25
0.950.80.940.360.79-0.120.79-0.280.040.760.96-0.570.770.920.40.90.510.380.240.860.8-0.240.290.53-0.11
-0.21-0.48-0.320.590.37-0.12-0.470.720.63-0.43-0.16-0.02-0.39-0.11-0.29-0.430.54-0.30.36-0.210.110.21-0.49-0.32-0.28
0.761.00.820.090.390.79-0.47-0.69-0.190.730.88-0.380.730.850.360.960.140.67-0.240.660.66-0.080.660.240.28
-0.37-0.69-0.440.130.07-0.280.72-0.690.21-0.33-0.460.32-0.3-0.39-0.29-0.570.34-0.40.46-0.25-0.18-0.08-0.78-0.11-0.5
0.05-0.18-0.090.860.550.040.63-0.190.21-0.20.13-0.51-0.210.21-0.17-0.150.63-0.250.30.060.440.21-0.17-0.25-0.12
0.750.750.790.130.340.76-0.430.73-0.33-0.20.72-0.311.00.670.250.810.160.430.220.680.63-0.110.140.48-0.03
0.940.880.930.430.750.96-0.160.88-0.460.130.72-0.640.730.970.320.940.480.460.10.830.84-0.130.450.420.05
-0.72-0.38-0.6-0.56-0.65-0.57-0.02-0.380.32-0.51-0.31-0.64-0.3-0.570.07-0.47-0.380.12-0.49-0.69-0.580.14-0.03-0.54-0.11
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
0.870.850.860.460.80.92-0.110.85-0.390.210.670.97-0.570.670.320.890.580.470.060.810.87-0.120.450.310.0
0.210.360.24-0.140.280.4-0.290.36-0.29-0.170.250.320.070.240.320.350.110.27-0.230.160.2-0.260.43-0.04-0.09
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
0.450.140.360.740.850.510.540.140.340.630.160.48-0.380.160.580.110.270.170.340.520.73-0.08-0.10.1-0.25
0.290.660.410.040.070.38-0.30.67-0.4-0.250.430.460.120.430.470.270.580.17-0.430.280.370.240.54-0.130.13
0.34-0.220.210.370.40.240.36-0.240.460.30.220.1-0.490.230.06-0.23-0.040.34-0.430.390.28-0.16-0.810.58-0.35
0.930.670.90.320.690.86-0.210.66-0.250.060.680.83-0.690.680.810.160.80.520.280.390.75-0.290.120.72-0.01
0.780.660.730.660.80.80.110.66-0.180.440.630.84-0.580.630.870.20.740.730.370.280.75-0.090.150.230.07
-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
0.230.650.33-0.110.060.29-0.490.66-0.78-0.170.140.45-0.030.130.450.430.52-0.10.54-0.810.120.150.06-0.20.35
0.70.260.69-0.050.310.53-0.320.24-0.11-0.250.480.42-0.540.470.31-0.040.450.1-0.130.580.720.23-0.44-0.2-0.1
0.00.260.02-0.22-0.25-0.11-0.280.28-0.5-0.12-0.030.05-0.11-0.040.0-0.090.18-0.250.13-0.35-0.010.07-0.220.35-0.1
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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 Other199M249M226M318M699M664.1M
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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