Safeplus Net Income vs Capital Expenditures Analysis
| BIPH Stock | USD 17.93 0.08 0.44% |
Safeplus International financial indicator trend analysis is much more than just breaking down Safeplus International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Safeplus International is a good investment. Please check the relationship between Safeplus International Net Income and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Safeplus International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Net Income vs Capital Expenditures
Net Income vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Safeplus International Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have weak relationship.
The correlation between Safeplus International's Net Income and Capital Expenditures is 0.32. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Safeplus International Holdings, assuming nothing else is changed. The correlation between historical values of Safeplus International's Net Income and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Safeplus International Holdings are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Safeplus International's Net Income and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.32 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Safeplus International financial statement analysis. It represents the amount of money remaining after all of Safeplus International Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Capital Expenditures
Capital Expenditures are funds used by Safeplus International to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Safeplus International operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Safeplus International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Safeplus International 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 Safeplus International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. As of now, Safeplus International's Enterprise Value is increasing as compared to previous years.
| 2023 | 2024 (projected) | Total Revenue | 17.9B | 18.8B | Research Development | 4.9M | 3.1M |
Safeplus International fundamental ratios Correlations
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Safeplus International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When determining whether Safeplus International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Safeplus International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Safeplus International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Safeplus International Holdings Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Safeplus International Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Safeplus International. If investors know Safeplus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Safeplus International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share 0.004 | Quarterly Revenue Growth 0.171 | Return On Assets (0.15) |
The market value of Safeplus International is measured differently than its book value, which is the value of Safeplus that is recorded on the company's balance sheet. Investors also form their own opinion of Safeplus International's value that differs from its market value or its book value, called intrinsic value, which is Safeplus International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Safeplus International's market value can be influenced by many factors that don't directly affect Safeplus International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Safeplus International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Safeplus International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safeplus International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.