Ternium Depreciation And Amortization vs Ebit Analysis

TX Stock  USD 33.43  0.05  0.15%   
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 Depreciation And Amortization and its Ebit 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.

Depreciation And Amortization vs Ebit

Depreciation And Amortization vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ternium SA ADR Depreciation And Amortization account and Ebit. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Ternium SA's Depreciation And Amortization and Ebit is 0.15. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Ebit 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 Depreciation And Amortization and Ebit 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 Ternium SA ADR are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Depreciation And Amortization i.e., Ternium SA's Depreciation And Amortization and Ebit go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

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.

Ebit

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 4.63 in 2024, whereas Tax Provision is likely to drop slightly above 180.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense27.0M46.7M125.4M96.7M
Depreciation And Amortization589.4M620.7M657.7M383.1M

Ternium SA fundamental ratios Correlations

0.240.350.880.850.340.91-0.260.750.660.940.510.170.310.70.550.720.82-0.370.790.80.8-0.180.130.880.84
0.24-0.260.420.150.510.430.650.2-0.050.450.080.550.83-0.070.69-0.140.26-0.570.590.030.110.560.320.470.18
0.35-0.260.140.50.20.34-0.250.55-0.090.380.56-0.02-0.080.32-0.010.560.460.160.20.570.45-0.61-0.570.30.55
0.880.420.140.680.330.78-0.040.640.530.830.40.130.310.540.630.530.76-0.520.820.650.680.180.20.750.68
0.850.150.50.680.180.78-0.490.90.660.760.650.00.110.90.540.930.95-0.290.560.970.96-0.370.10.760.99
0.340.510.20.330.180.590.480.21-0.180.50.220.860.58-0.10.42-0.030.23-0.340.560.150.110.07-0.140.610.25
0.910.430.340.780.780.590.010.70.420.970.440.420.50.520.680.570.74-0.390.790.70.67-0.140.01.00.81
-0.260.65-0.25-0.04-0.490.480.01-0.43-0.690.04-0.410.560.6-0.760.22-0.71-0.4-0.270.15-0.56-0.580.63-0.210.06-0.41
0.750.20.550.640.90.210.7-0.430.520.720.89-0.030.240.820.480.860.94-0.150.680.90.94-0.470.150.650.92
0.66-0.05-0.090.530.66-0.180.42-0.690.520.410.33-0.21-0.080.850.260.680.59-0.20.340.610.71-0.170.610.40.56
0.940.450.380.830.760.50.970.040.720.410.480.320.540.50.670.550.75-0.430.850.680.67-0.10.020.950.79
0.510.080.560.40.650.220.44-0.410.890.330.480.010.250.640.150.680.760.060.630.710.78-0.60.150.380.68
0.170.55-0.020.130.00.860.420.56-0.03-0.210.320.010.68-0.240.18-0.210.03-0.170.45-0.04-0.080.14-0.090.460.04
0.310.83-0.080.310.110.580.50.60.24-0.080.540.250.68-0.120.44-0.160.2-0.270.71-0.010.080.170.250.520.15
0.7-0.070.320.540.9-0.10.52-0.760.820.850.50.64-0.24-0.120.310.950.84-0.10.390.890.94-0.420.330.490.84
0.550.69-0.010.630.540.420.680.220.480.260.670.150.180.440.310.270.57-0.790.490.40.440.340.290.710.57
0.72-0.140.560.530.93-0.030.57-0.710.860.680.550.68-0.21-0.160.950.270.860.00.380.960.94-0.520.040.530.9
0.820.260.460.760.950.230.74-0.40.940.590.750.760.030.20.840.570.86-0.360.690.950.97-0.30.180.710.95
-0.37-0.570.16-0.52-0.29-0.34-0.39-0.27-0.15-0.2-0.430.06-0.17-0.27-0.1-0.790.0-0.36-0.33-0.19-0.22-0.55-0.31-0.42-0.29
0.790.590.20.820.560.560.790.150.680.340.850.630.450.710.390.490.380.69-0.330.530.59-0.020.230.760.6
0.80.030.570.650.970.150.7-0.560.90.610.680.71-0.04-0.010.890.40.960.95-0.190.530.97-0.440.00.670.96
0.80.110.450.680.960.110.67-0.580.940.710.670.78-0.080.080.940.440.940.97-0.220.590.97-0.410.230.630.94
-0.180.56-0.610.18-0.370.07-0.140.63-0.47-0.17-0.1-0.60.140.17-0.420.34-0.52-0.3-0.55-0.02-0.44-0.410.22-0.09-0.38
0.130.32-0.570.20.1-0.140.0-0.210.150.610.020.15-0.090.250.330.290.040.18-0.310.230.00.230.220.00.03
0.880.470.30.750.760.611.00.060.650.40.950.380.460.520.490.710.530.71-0.420.760.670.63-0.090.00.79
0.840.180.550.680.990.250.81-0.410.920.560.790.680.040.150.840.570.90.95-0.290.60.960.94-0.380.030.79
Click cells to compare fundamentals

Ternium SA Account Relationship Matchups

Ternium SA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.9B12.9B17.1B17.5B24.2B12.4B
Short Long Term Debt Total2.5B2.0B1.7B1.3B1.5B2.2B
Other Current Liab30.0M143.7M20.5M481.1M434.0M455.7M
Total Current Liabilities1.8B1.9B3.2B2.2B3.8B2.0B
Total Stockholder Equity6.6B7.3B10.5B11.8B12.4B13.0B
Other Liab1.5B980.1M777.4M783.5M901.0M667.2M
Property Plant And Equipment Net6.7B6.6B6.6B6.4B8.0B5.5B
Net Debt2.0B1.5B462.1M(382.3M)(371.4M)(352.8M)
Accounts Payable876.8M1.0B1.1B1.2B2.2B2.3B
Cash519.9M537.8M1.3B1.7B1.8B932.0M
Non Current Assets Total8.8B8.3B8.5B8.6B12.2B7.4B
Non Currrent Assets Other593.5M243.3M178.0M318.7M2.1B2.2B
Other Assets757M402.0M338.8M202M30.8M29.3M
Long Term Debt1.6B1.3B656.5M533M1.2B1.0B
Cash And Short Term Investments732.2M1.4B2.6B3.5B3.8B4.0B
Short Term Investments212.3M813.5M1.3B1.9B2.0B2.1B
Liabilities And Stockholders Equity12.9B12.9B17.1B17.5B24.2B12.4B
Inventory2.2B2.0B3.9B3.5B4.9B5.2B
Other Current Assets3.4M295.1M6.3M2M89.2M84.0M
Total Liab5.2B4.4B4.9B3.7B7.4B4.8B
Property Plant And Equipment Gross6.5B6.6B14.1B14.3B16.2B17.0B
Total Current Assets4.2B4.6B8.6B8.8B12.1B12.7B
Short Term Debt600.3M438.1M866.9M548.2M76.6M72.8M
Intangible Assets157.5M107.4M87.2M121.1M333.7M316.8M
Property Plant Equipment6.5B6.5B6.4B6.3B7.2B5.3B
Retained Earnings8.5B9.3B12.6B13.8B15.5B16.3B
Net Receivables1.3B918.4M2.1B1.8B2.1B1.2B
Non Current Liabilities Total3.5B2.6B1.6B1.5B3.6B2.0B
Other Stockholder Equity6.0B6.4B(2.5B)(4.0B)(6.6B)(6.2B)
Accumulated Other Comprehensive Income(1.4B)(1.5B)(1.5B)(1.5B)(998.6M)(1.0B)
Current Deferred Revenue261.0M340.5M1.2B925.6M833.1M487.0M
Long Term Investments516.9M474.2M818.8M923M728.2M526.9M
Short Long Term Debt559.8M395.6M822.6M499M24.5M23.2M
Net Tangible Assets5.7B6.4B9.6B10.9B12.5B6.4B
Long Term Debt Total1.9B1.6B871.8M723M831.5M1.3B
Non Current Liabilities Other30.6M551.8M506.8M539M28.6M27.2M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Ternium Stock Analysis

When running Ternium SA's price analysis, check to measure Ternium SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ternium SA is operating at the current time. Most of Ternium SA's value examination focuses on studying past and present price action to predict the probability of Ternium SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ternium SA's price. Additionally, you may evaluate how the addition of Ternium SA to your portfolios can decrease your overall portfolio volatility.