Mercadolibre Accounts Payable vs Goodwill and Intangible Assets Analysis

MELI
 Stock
  

USD 1,081  48.61  4.71%   

Mercadolibre financial indicator trend analysis is infinitely more than just investigating Mercadolibre recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercadolibre is a good investment. Please check the relationship between Mercadolibre Accounts Payable and its Goodwill and Intangible Assets accounts. Additionally, see Stocks Correlation.

Accounts Payable vs Goodwill and Intangible Assets

Accounts Payable vs Goodwill and Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercadolibre Accounts Payable account and Goodwill and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Mercadolibre's Accounts Payable and Goodwill and Intangible Assets is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Goodwill and Intangible Assets in the same time period over historical financial statements of Mercadolibre, assuming nothing else is changed. The correlation between historical values of Mercadolibre's Accounts Payable and Goodwill and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Mercadolibre are associated (or correlated) with its Goodwill and Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Goodwill and Intangible Assets has no effect on the direction of Accounts Payable i.e., Mercadolibre's Accounts Payable and Goodwill and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Mercadolibre obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Mercadolibre are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms.

Goodwill and Intangible Assets

A component of Total Assets representing the carrying amounts of all intangible assets and goodwill as of the balance sheet date; net of accumulated amortization and impairment charges.
Most indicators from Mercadolibre fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercadolibre 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. Additionally, see Stocks Correlation.Mercadolibre Issuance Repayment of Debt Securities is most likely to in the upcoming years. The last year's value of Issuance Repayment of Debt Securities was reported at 894.46 Million. The current Enterprise Value over EBIT is estimated to increase to 159.68, while Net Cash Flow Business Acquisitions and Disposals is projected to decrease to (57.2 M).
 2019 2020 2021 2022 (projected)
Interest Expense65.88 M106.69 M228.7 M246.76 M
Gross Profit1.1 B1.71 B3.01 B3.24 B

Mercadolibre fundamental ratios Correlations

0.980.960.950.950.940.960.981.00.970.610.811.00.810.840.140.980.980.960.970.980.980.820.94
0.980.970.970.970.960.970.990.990.990.630.870.980.840.860.20.990.990.990.980.981.00.870.95
0.960.970.990.990.980.990.970.970.970.750.810.960.920.930.30.991.00.971.00.980.970.930.99
0.950.970.991.00.991.00.980.970.980.80.820.950.940.960.340.990.990.980.990.990.970.920.99
0.950.970.991.00.991.00.980.970.980.80.810.950.940.960.320.990.990.980.990.990.970.920.99
0.940.960.980.990.990.980.980.960.990.770.860.940.940.950.430.990.980.990.980.980.960.940.98
0.960.970.991.01.00.980.980.980.970.790.790.960.930.950.290.990.990.970.990.990.960.90.99
0.980.990.970.980.980.980.980.991.00.680.860.980.880.890.280.990.991.00.980.990.990.890.96
1.00.990.970.970.970.960.980.990.990.650.821.00.850.870.20.990.990.980.980.990.980.860.96
0.970.990.970.980.980.990.971.00.990.690.880.970.890.90.330.990.981.00.980.990.990.910.96
0.610.630.750.80.80.770.790.680.650.690.520.610.930.920.50.720.730.70.740.740.640.750.79
0.810.870.810.820.810.860.790.860.820.880.520.810.720.720.360.850.830.880.830.820.880.790.79
1.00.980.960.950.950.940.960.981.00.970.610.810.810.840.140.980.980.960.970.980.980.820.94
0.810.840.920.940.940.940.930.880.850.890.930.720.811.00.540.90.90.90.910.90.840.930.94
0.840.860.930.960.960.950.950.890.870.90.920.720.841.00.470.920.920.910.930.920.870.920.95
0.140.20.30.340.320.430.290.280.20.330.50.360.140.540.470.30.270.350.290.270.210.550.39
0.980.990.990.990.990.990.990.990.990.990.720.850.980.90.920.31.00.991.00.990.990.920.98
0.980.991.00.990.990.980.990.990.990.980.730.830.980.90.920.271.00.991.00.990.990.910.99
0.960.990.970.980.980.990.971.00.981.00.70.880.960.90.910.350.990.990.980.990.980.920.97
0.970.981.00.990.990.980.990.980.980.980.740.830.970.910.930.291.01.00.980.990.980.920.99
0.980.980.980.990.990.980.990.990.990.990.740.820.980.90.920.270.990.990.990.990.980.890.98
0.981.00.970.970.970.960.960.990.980.990.640.880.980.840.870.210.990.990.980.980.980.880.95
0.820.870.930.920.920.940.90.890.860.910.750.790.820.930.920.550.920.910.920.920.890.880.94
0.940.950.990.990.990.980.990.960.960.960.790.790.940.940.950.390.980.990.970.990.980.950.94
Click cells to compare fundamentals

Mercadolibre Account Relationship Matchups

Mercadolibre fundamental ratios Accounts

201720182019202020212022 (projected)
Inventories2.55 M4.61 M8.63 M118.14 M253.08 M273.06 M
Receivables622.71 M491.23 M597.52 M1.3 B3.14 B3.38 B
Accounts Payable199.5 M243.31 M331.14 M728.06 M987.51 M1.07 B
Accumulated Other Comprehensive Income(282.85 M)(391.58 M)(406.67 M)(468.28 M)(515 M)(528.55 M)
Total Assets1.67 B2.24 B4.78 B6.53 B10.1 B10.9 B
Current Assets1.29 B1.51 B3.79 B5.35 B8.18 B8.82 B
Assets Non Current386.27 M728.4 M992.84 M1.18 B1.93 B2.08 B
Cash and Equivalents388.26 M464.69 M1.45 B2.51 B3.65 B3.94 B
Cash and Equivalents USD388.26 M464.69 M1.45 B2.51 B3.65 B3.94 B
Total Debt368.41 M735.18 M1.02 B1.71 B3.98 B4.3 B
Debt Current56.33 M132.95 M209.4 M603.64 M1.38 B1.49 B
Debt Non Current312.09 M602.23 M808.03 M1.1 B2.6 B2.81 B
Total Debt USD368.41 M735.18 M1.02 B1.71 B3.98 B4.3 B
Shareholders Equity325.78 M336.7 M1.98 B1.65 B1.53 B1.22 B
Shareholders Equity USD325.78 M336.7 M1.98 B1.65 B1.53 B1.22 B
Goodwill and Intangible Assets115.45 M107.46 M101.88 M99.37 M193 M161.62 M
Inventory2.55 M4.61 M8.63 M118.14 M253 M272.97 M
Investments317.56 M833.46 M2.05 B1.81 B2.16 B2.33 B
Investments Current282.84 M557.32 M1.78 B1.63 B2.01 B2.17 B
Investments Non Current34.72 M276.14 M270.42 M182.73 M150 M165.07 M
Total Liabilities1.35 B1.9 B2.7 B4.87 B8.57 B9.25 B
Current Liabilities968.03 M1.17 B1.75 B3.64 B5.84 B6.3 B
Liabilities Non Current379.38 M736.6 M947.41 M1.24 B2.73 B2.95 B
Trade and Non Trade Payables894.26 M991.28 M1.4 B2.76 B4.1 B4.43 B
Property Plant and Equipment Net114.84 M165.61 M444.71 M694.9 M1.27 B1.37 B
Trade and Non Trade Receivables549.3 M395.45 M415.42 M912.76 M1.94 B2.09 B
Accumulated Retained Earnings Deficit537.92 M503.43 M322.59 M314.12 M397 M423.88 M
Tax Assets57.32 M141.44 M117.58 M134.92 M181 M195.29 M
Tax Liabilities55.97 M122.76 M160.2 M280.27 M353 M380.87 M

Be your own money manager

Our tools can tell you how much better you can do entering a position in Mercadolibre without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Efficient Frontier Now

   

Efficient Frontier

Plot and analyze your portfolio and positions against risk-return landscape of the market.
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Mercadolibre using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Stocks Correlation. Note that the Mercadolibre information on this page should be used as a complementary analysis to other Mercadolibre's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Mercadolibre Stock analysis

When running Mercadolibre price analysis, check to measure Mercadolibre'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 Mercadolibre is operating at the current time. Most of Mercadolibre's value examination focuses on studying past and present price action to predict the probability of Mercadolibre's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mercadolibre's price. Additionally, you may evaluate how the addition of Mercadolibre to your portfolios can decrease your overall portfolio volatility.
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Is Mercadolibre's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mercadolibre. If investors know Mercadolibre will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mercadolibre listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.78
Market Capitalization
54.4 B
Quarterly Revenue Growth YOY
0.53
Return On Assets
0.0416
Return On Equity
0.29
The market value of Mercadolibre is measured differently than its book value, which is the value of Mercadolibre that is recorded on the company's balance sheet. Investors also form their own opinion of Mercadolibre's value that differs from its market value or its book value, called intrinsic value, which is Mercadolibre's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mercadolibre's market value can be influenced by many factors that don't directly affect Mercadolibre's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mercadolibre's value and its price as these two are different measures arrived at by different means. Investors typically determine Mercadolibre value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mercadolibre's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.