ISoftStone Capital Expenditures vs Change To Inventory Analysis

301236 Stock   61.01  2.03  3.22%   
ISoftStone Information financial indicator trend analysis is infinitely more than just investigating iSoftStone Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether iSoftStone Information is a good investment. Please check the relationship between ISoftStone Information 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 iSoftStone Information Technology. 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 iSoftStone Information Capital Expenditures account and Change To Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between ISoftStone Information's Capital Expenditures and Change To Inventory is -0.54. 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 iSoftStone Information Technology, assuming nothing else is changed. The correlation between historical values of ISoftStone Information'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 iSoftStone Information Technology 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., ISoftStone Information's Capital Expenditures and Change To Inventory go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Capital Expenditures

Capital Expenditures are funds used by iSoftStone Information to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of ISoftStone Information 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 ISoftStone Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into iSoftStone Information 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 iSoftStone Information Technology. 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 799.2 M, whereas Tax Provision is forecasted to decline to about 8.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense146.5M131.5M78.8M74.8M
Interest Income21.3M55.1M62.6M42.9M

ISoftStone Information fundamental ratios Correlations

-0.750.781.0-0.60.960.890.990.990.68-0.880.95-0.840.95-0.710.88-0.570.571.00.241.00.961.00.990.91-0.05
-0.75-0.77-0.70.46-0.88-0.49-0.72-0.7-0.450.67-0.810.99-0.90.16-0.80.33-0.84-0.7-0.03-0.76-0.68-0.73-0.68-0.78-0.3
0.78-0.770.73-0.690.850.720.710.760.65-0.950.92-0.810.8-0.630.96-0.830.90.730.560.790.690.720.720.960.41
1.0-0.70.73-0.560.940.91.00.990.66-0.850.93-0.80.93-0.720.84-0.550.51.00.21.00.961.01.00.88-0.1
-0.60.46-0.69-0.56-0.54-0.63-0.55-0.63-0.950.61-0.580.51-0.590.5-0.80.42-0.65-0.59-0.82-0.59-0.62-0.55-0.59-0.650.26
0.96-0.880.850.94-0.540.820.930.940.62-0.880.98-0.950.99-0.580.91-0.580.710.930.180.960.910.940.920.930.16
0.89-0.490.720.9-0.630.820.860.940.79-0.840.85-0.610.81-0.880.81-0.660.40.90.450.870.940.870.910.82-0.17
0.99-0.720.711.0-0.550.930.860.980.63-0.830.92-0.810.93-0.680.83-0.50.51.00.160.990.951.00.990.87-0.11
0.99-0.70.760.99-0.630.940.940.980.75-0.860.93-0.80.94-0.750.88-0.560.520.990.30.980.990.980.990.88-0.14
0.68-0.450.650.66-0.950.620.790.630.75-0.630.63-0.530.67-0.60.8-0.420.530.680.740.660.770.640.70.66-0.38
-0.880.67-0.95-0.850.61-0.88-0.84-0.83-0.86-0.63-0.960.76-0.820.81-0.930.88-0.72-0.84-0.48-0.88-0.78-0.84-0.84-0.98-0.3
0.95-0.810.920.93-0.580.980.850.920.930.63-0.96-0.880.94-0.70.95-0.740.730.920.320.960.880.930.920.990.23
-0.840.99-0.81-0.80.51-0.95-0.61-0.81-0.8-0.530.76-0.88-0.950.3-0.860.42-0.82-0.8-0.09-0.85-0.77-0.82-0.78-0.85-0.25
0.95-0.90.80.93-0.590.990.810.930.940.67-0.820.94-0.95-0.510.9-0.470.690.930.170.950.930.940.930.890.03
-0.710.16-0.63-0.720.5-0.58-0.88-0.68-0.75-0.60.81-0.70.3-0.51-0.650.81-0.23-0.72-0.56-0.7-0.69-0.68-0.73-0.720.06
0.88-0.80.960.84-0.80.910.810.830.880.8-0.930.95-0.860.9-0.65-0.720.850.850.560.880.830.840.840.970.16
-0.570.33-0.83-0.550.42-0.58-0.66-0.5-0.56-0.420.88-0.740.42-0.470.81-0.72-0.57-0.53-0.59-0.57-0.46-0.51-0.53-0.8-0.5
0.57-0.840.90.5-0.650.710.40.50.520.53-0.720.73-0.820.69-0.230.85-0.570.50.460.580.460.510.480.80.48
1.0-0.70.731.0-0.590.930.91.00.990.68-0.840.92-0.80.93-0.720.85-0.530.50.220.990.971.01.00.87-0.13
0.24-0.030.560.2-0.820.180.450.160.30.74-0.480.32-0.090.17-0.560.56-0.590.460.220.230.260.170.240.44-0.07
1.0-0.760.791.0-0.590.960.870.990.980.66-0.880.96-0.850.95-0.70.88-0.570.580.990.230.951.00.990.92-0.03
0.96-0.680.690.96-0.620.910.940.950.990.77-0.780.88-0.770.93-0.690.83-0.460.460.970.260.950.950.970.82-0.24
1.0-0.730.721.0-0.550.940.871.00.980.64-0.840.93-0.820.94-0.680.84-0.510.511.00.171.00.950.990.87-0.09
0.99-0.680.721.0-0.590.920.910.990.990.7-0.840.92-0.780.93-0.730.84-0.530.481.00.240.990.970.990.87-0.15
0.91-0.780.960.88-0.650.930.820.870.880.66-0.980.99-0.850.89-0.720.97-0.80.80.870.440.920.820.870.870.28
-0.05-0.30.41-0.10.260.16-0.17-0.11-0.14-0.38-0.30.23-0.250.030.060.16-0.50.48-0.13-0.07-0.03-0.24-0.09-0.150.28
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ISoftStone Information Account Relationship Matchups

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Other Information on Investing in ISoftStone Stock

Balance Sheet is a snapshot of the financial position of iSoftStone Information at a specified time, usually calculated after every quarter, six months, or one year. ISoftStone Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of ISoftStone Information 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 ISoftStone currently owns. An asset can also be divided into two categories, current and non-current.