ISoftStone Property Plant And Equipment Net vs Capital Lease Obligations Analysis
| 301236 Stock | 64.84 1.34 2.02% |
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 Property Plant And Equipment Net and its Capital Lease Obligations 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.
Property Plant And Equipment Net vs Capital Lease Obligations
Property Plant And Equipment Net vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of iSoftStone Information Property Plant And Equipment Net account and Capital Lease Obligations. At this time, the significance of the direction appears to have very week relationship.
The correlation between ISoftStone Information's Property Plant And Equipment Net and Capital Lease Obligations is 0.28. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Capital Lease Obligations 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 Property Plant And Equipment Net and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of iSoftStone Information Technology are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Property Plant And Equipment Net i.e., ISoftStone Information's Property Plant And Equipment Net and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.28 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Capital Lease Obligations
ISoftStone Information capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to ISoftStone Information asset purchases. For example, ISoftStone Information can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as ISoftStone Information control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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 Expense | 146.5M | 131.5M | 78.8M | 74.8M | Interest Income | 21.3M | 55.1M | 62.6M | 42.9M |
ISoftStone Information fundamental ratios Correlations
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ISoftStone Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.