000785 Stock | | | 2.98 0.06 2.05% |
Easyhome New financial indicator trend analysis is much more than just examining Easyhome New Retail latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Easyhome New Retail is a good investment. Please check the relationship between Easyhome New Capital Expenditures and its Change To Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Easyhome New Retail. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Capital Expenditures vs Change To Inventory
Capital Expenditures vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Easyhome New Retail Capital Expenditures account and
Change To Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Easyhome New's Capital Expenditures and Change To Inventory is -0.06. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Easyhome New Retail, assuming nothing else is changed. The correlation between historical values of Easyhome New's Capital Expenditures and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Easyhome New Retail are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Capital Expenditures i.e., Easyhome New's Capital Expenditures and Change To Inventory go up and down completely randomly.
Correlation Coefficient | -0.06 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by Easyhome New Retail to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Easyhome New operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Easyhome New's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Easyhome New Retail 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Easyhome New Retail. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Selling General Administrative is expected to grow to about 1.4
B, whereas
Tax Provision is forecasted to decline to about 490.3
M.
Easyhome New fundamental ratios Correlations
Click cells to compare fundamentals
Easyhome New Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Easyhome New fundamental ratios Accounts
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Other Information on Investing in Easyhome Stock
Balance Sheet is a snapshot of the
financial position of Easyhome New Retail at a specified time, usually calculated after every quarter, six months, or one year. Easyhome New Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Easyhome New and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Easyhome currently owns. An asset can also be divided into two categories, current and non-current.