Ternium Ptb Ratio vs Interest Coverage Analysis

TX Stock  USD 33.38  0.17  0.51%   
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 Ptb Ratio and its Interest Coverage 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.

Ptb Ratio vs Interest Coverage

Ptb Ratio vs Interest Coverage Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ternium SA ADR Ptb Ratio account and Interest Coverage. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Ternium SA's Ptb Ratio and Interest Coverage is -0.16. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Interest Coverage 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 Ptb Ratio and Interest Coverage is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Ternium SA ADR are associated (or correlated) with its Interest Coverage. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Coverage has no effect on the direction of Ptb Ratio i.e., Ternium SA's Ptb Ratio and Interest Coverage go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Interest Coverage

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
0.24-0.260.420.150.510.430.650.2-0.050.450.090.550.83-0.070.69-0.140.26-0.570.590.030.110.560.320.470.18
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
-0.260.65-0.25-0.04-0.490.480.01-0.43-0.690.04-0.40.560.6-0.760.22-0.71-0.4-0.270.15-0.56-0.580.63-0.210.06-0.41
0.750.20.550.640.90.210.7-0.430.520.710.89-0.030.240.820.480.860.94-0.150.680.90.94-0.470.150.650.92
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
0.940.450.380.830.760.50.970.040.710.410.480.320.540.50.670.550.75-0.430.850.680.67-0.10.020.950.79
0.510.090.560.40.650.220.44-0.40.890.330.480.020.250.640.150.680.760.060.630.710.78-0.60.150.380.68
0.170.55-0.020.130.00.860.420.56-0.03-0.210.320.020.68-0.240.18-0.210.03-0.170.45-0.04-0.080.14-0.090.460.04
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 Total8.8B8.3B8.5B8.6B12.1B7.4B
Non Currrent Assets Other593.5M243.3M178.0M318.7M2.0B2.1B
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 Receivables1.3B918.4M2.1B1.8B3.2B3.3B
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.