America Movil, S.A.B. de C.V (AMX) Balance Sheet

NYSE: AMXAssets, liabilities, debt and equity over 10 years.

AMX balance sheet, 2025

December 31, 2025 · Mexican pesos

MX$1.80T assets = MX$1.37T liabilities + MX$428.37B equity

What it ownsMX$1.80TCash & ST investments: MX$35.01B (1.9%)Receivables: MX$243.02B (13.5%)ReceivablesMX$243.02B · 13%Inventory: MX$28.35B (1.6%)Other current: MX$59.33B (3.3%)PP&E: MX$886.25B (49.2%)PP&EMX$886.25B · 49%Goodwill & intangibles: MX$297.19B (16.5%)Goodwill & intangiblesMX$297.19B · 16%LT investments: MX$22.41B (1.2%)Other non-current: MX$230.99B (12.8%)Other non-currentMX$230.99B · 13%=How it is financedMX$1.80TCurrent liabilities: MX$496.00B (27.5%)Current liabilitiesMX$496.00B · 28%Long-term debt: MX$611.18B (33.9%)Long-term debtMX$611.18B · 34%Other LT liabilities: MX$267.00B (14.8%)Other LT liabilitiesMX$267.00B · 15%Shareholders’ equity: MX$428.37B (23.8%)Shareholders’ equityMX$428.37B · 24%

Both columns are drawn to the same scale: what AMX owns equals what it owes plus shareholders’ equity. Hover a block for its value.

AMX financial health

Current ratio0.74
Tight · current assets cover current liabilities 0.74×
Debt / equity2.53
High leverage · MX$2.53 of debt for each $1 of equity
Equity / assets20.1%
Balanced · of assets funded by shareholders
Cash / debt3.8%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles16.5%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

AMX balance sheet trends, 2016–2025

MetricTrendThenLatestChange
Total assetsMX$1.52T2016MX$1.80T2025+1.9%/yr
Total liabilitiesMX$1.24T2016MX$1.37T2025+1.1%/yr
Shareholders’ equityMX$271.02B2016MX$362.66B2025+3.3%/yr
Cash & short-term investmentsMX$78.08B2016MX$35.01B2025−8.5%/yr
Total debtMX$707.80B2016MX$918.75B2025+2.9%/yr
Net cash (debt)−MX$629.73B2016−MX$883.74B2025−MX$254.0B
Working capital−MX$130.12B2016−MX$130.28B2025−MX$160.6M
Current ratio0.7320160.742025+0.01
Debt / equity2.6120162.532025−0.08
Shares outstanding3.29B20163.02B2025−0.9%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

AMX assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

AMX liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

AMX debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

AMX balance sheet in Mexican pesos

2025202420232022202120202019201820172016
Assets
Cash & short-term investmentsMX$35.01BMX$83.35BMX$100.35BMX$124.73BMX$156.38BMX$90.55BMX$67.46BMX$60.69BMX$83.39BMX$78.08B
Cash & equivalentsMX$35.01BMX$36.65BMX$26.60BMX$33.70BMX$38.68BMX$35.92BMX$19.75BMX$21.66BMX$24.27BMX$78.08B
Short-term investmentsMX$44.85BMX$46.68BMX$73.76BMX$91.03BMX$117.70BMX$54.64BMX$47.72BMX$39.03BMX$59.12BMX$54.86B
ReceivablesMX$243.02BMX$222.52BMX$207.87BMX$201.71BMX$212.34BMX$217.69BMX$211.53BMX$181.78BMX$201.81BMX$207.86B
InventoryMX$28.35BMX$23.75BMX$19.27BMX$24.00BMX$24.18BMX$30.38BMX$41.10BMX$40.31BMX$38.81BMX$36.87B
Other current assetsMX$59.33BMX$24.08BMX$12.67BMX$10.57BMX$10.61BMX$10.39BMX$10.75BMX$66.28BMX$18.22BMX$20.28B
Total current assetsMX$365.72BMX$353.70BMX$340.17BMX$361.00BMX$403.52BMX$349.00BMX$330.84BMX$349.06BMX$342.24BMX$343.08B
Property, plant & equipment (net)MX$886.25BMX$913.24BMX$742.22BMX$779.10BMX$821.57BMX$717.75BMX$757.35BMX$640.00BMX$676.34BMX$701.19B
Goodwill & intangible assetsMX$297.19BMX$298.57BMX$267.58BMX$270.01BMX$279.80BMX$276.51BMX$278.07BMX$267.70BMX$274.70BMX$281.23B
Long-term investmentsMX$22.41BMX$17.59BMX$29.30BMX$30.96BMX$9.95BMX$1.83BMX$2.47BMX$3.13BMX$3.74BMX$3.60B
Other non-current assetsMX$230.99BMX$210.82BMX$184.93BMX$177.02BMX$172.55BMX$226.22BMX$212.20BMX$169.33BMX$255.66BMX$186.79B
Total assetsMX$1.80TMX$1.79TMX$1.56TMX$1.62TMX$1.69TMX$1.57TMX$1.58TMX$1.43TMX$1.55TMX$1.52T
Liabilities
Accounts payableMX$64.02BMX$65.44BMX$70.00BMX$208.74BMX$255.73BMX$226.00BMX$272.56BMX$121.38BMX$291.03BMX$322.74B
Short-term debtMX$128.05BMX$139.68BMX$185.34BMX$32.90BMX$172.77BMX$173.15BMX$155.07BMX$96.23BMX$51.75BMX$82.61B
Deferred revenueMX$33.40B—MX$28.95BMX$27.88BMX$28.08BMX$37.41BMX$32.86BMX$34.17BMX$35.73BMX$38.51B
Total current liabilitiesMX$496.00BMX$494.40BMX$524.41BMX$488.88BMX$528.15BMX$496.09BMX$525.40BMX$467.09BMX$413.34BMX$473.21B
Long-term debtMX$611.18BMX$641.04BMX$440.51BMX$509.81BMX$489.83BMX$564.56BMX$589.78BMX$542.69BMX$646.14BMX$625.19B
Lease obligationsMX$214.11BMX$213.10BMX$125.17BMX$134.15BMX$98.65BMX$109.33BMX$120.61BMX$12.5MMX$37.0MMX$32.2M
Other long-term liabilitiesMX$267.00BMX$226.29BMX$177.57BMX$181.58BMX$211.77BMX$208.14BMX$189.84BMX$173.57BMX$166.10BMX$146.47B
Total liabilitiesMX$1.37TMX$1.36TMX$1.14TMX$1.18TMX$1.23TMX$1.27TMX$1.31TMX$1.18TMX$1.23TMX$1.24T
Shareholders' equity
Common stock & paid-in capitalMX$231.7MMX$95.36BMX$95.36BMX$95.37BMX$96.33BMX$96.34BMX$96.34BMX$96.34BMX$96.34BMX$96.34B
Retained earnings (deficit)MX$558.39BMX$517.25BMX$545.65BMX$505.48BMX$447.69BMX$314.72BMX$281.45BMX$237.26BMX$171.09BMX$157.72B
Treasury stock——————MX$0MX$0MX$0MX$0
Accumulated other comprehensive income−MX$307.11B−MX$243.52B−MX$274.30B−MX$227.04B−MX$154.39B−MX$160.58B−MX$199.88B−MX$137.60B−MX$73.26B−MX$45.14B
Minority interestMX$65.60BMX$63.10BMX$54.99BMX$64.02B——MX$0MX$0MX$0MX$0
Total shareholders' equityMX$362.66BMX$369.09BMX$366.71BMX$437.83BMX$457.64BMX$302.53BMX$275.90BMX$196.00BMX$327.10BMX$271.02B
Key figures
Total debtMX$918.75BMX$780.72BMX$625.85BMX$542.71BMX$662.60BMX$737.71BMX$744.85BMX$638.92BMX$697.89BMX$707.80B
Net cash (debt)−MX$883.74B−MX$697.37B−MX$525.49B−MX$417.98B−MX$506.22B−MX$647.16B−MX$677.39B−MX$578.23B−MX$614.49B−MX$629.73B
Working capital−MX$130.28B−MX$140.70B−MX$184.24B−MX$127.87B−MX$124.63B−MX$147.09B−MX$194.56B−MX$118.04B−MX$71.10B−MX$130.12B
Tangible book valueMX$65.47BMX$70.51BMX$99.14BMX$167.81BMX$177.84BMX$26.02B−MX$2.17B−MX$71.71BMX$52.40B−MX$10.21B
Shares outstanding3.02B3.09B3.15B63.33B64.69B66.27B66.02B3.30B3.30B3.29B
Current ratio0.740.720.650.740.760.700.630.750.830.73
Quick ratio0.560.620.590.670.700.620.530.520.690.60
Debt / equity2.532.121.711.241.452.442.703.262.132.61
Equity / assets20.1%20.6%23.4%27.1%27.1%19.3%17.5%13.7%21.1%17.9%

Quarterly columns are labeled by the month the quarter ended. Figures in Mexican pesos as reported (latest annual report filed April 28, 2026); data from EODHD.

AMX financial position

At the end of fiscal 2025 (December 31, 2025), America Movil, S.A.B. de C.V had total assets of MX$1.80 trillion (up 0.5% from a year earlier), total liabilities of MX$1.37 trillion and shareholders' equity of MX$362.7 billion. It held MX$35.0 billion in cash and short-term investments against MX$918.8 billion of debt, net debt of MX$883.7 billion. Its current ratio was 0.74. In the latest quarter (ended June 30, 2026) total assets were MX$1.81 trillion and equity MX$375.6 billion.

Related: AMX income statement, AMX cash flow statement, AMX key metrics. See the AMX stock overview for the latest quote and news.

AMX balance sheet FAQ

What are America Movil, S.A.B. de C.V's total assets?

America Movil, S.A.B. de C.V reported total assets of MX$1.80 trillion at the end of fiscal 2025 (December 31, 2025), compared with MX$1.79 trillion a year earlier.

How much debt does America Movil, S.A.B. de C.V have?

America Movil, S.A.B. de C.V had MX$918.8 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.53.

How much cash does America Movil, S.A.B. de C.V have?

America Movil, S.A.B. de C.V held MX$35.0 billion in cash and short-term investments at the end of fiscal 2025; with MX$918.8 billion of debt that is net debt of MX$883.7 billion.

What is America Movil, S.A.B. de C.V's book value?

America Movil, S.A.B. de C.V's shareholders' equity (book value) was MX$362.7 billion at the end of fiscal 2025.

What is America Movil, S.A.B. de C.V's current ratio?

America Movil, S.A.B. de C.V had current assets of MX$365.7 billion and current liabilities of MX$496.0 billion, a current ratio of 0.74 (current liabilities exceed current assets).

How much goodwill does America Movil, S.A.B. de C.V have?

America Movil, S.A.B. de C.V carried MX$297.2 billion of goodwill and intangible assets, 16.5% of total assets, at the end of fiscal 2025.

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