America Movil: America Movil's Debt Overview

Over the past three months, shares of America Movil Inc. (NYSE:AMX) rose by 15.86%. When understanding a companies price change over a time period like 3 months, it could be helpful to look at its financials. One key aspect of a companies financials is its debt, but before we understand the importance of debt, let's look at how much debt America Movil has. America Movil Debt According to the America Movil's most recent financial statement as reported on April 30, 2020, total debt is at $33.12 million, with $26.27 million in long-term debt and $6.85 million in current debt. Adjusting for $1.05 million in cash-equivalents, the company has a net debt of $32.08 million. Let's define some of the terms we ...Full story available on Benzinga.com