CASS Stock | | | USD 41.28 0.94 2.33% |
Cass Information financial indicator trend analysis is way more than just evaluating Cass Information Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cass Information Systems is a good investment. Please check the relationship between Cass Information Other Non Cash Items and its Capital Expenditures accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Cass Information Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
Other Non Cash Items vs Capital Expenditures
Other Non Cash Items vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Cass Information Systems Other Non Cash Items account and
Capital Expenditures. At this time, the significance of the direction appears to have very week relationship.
The correlation between Cass Information's Other Non Cash Items and Capital Expenditures is 0.28. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Cass Information Systems, assuming nothing else is changed. The correlation between historical values of Cass Information's Other Non Cash Items 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 Other Non Cash Items of Cass Information Systems 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 Other Non Cash Items i.e., Cass Information's Other Non Cash Items and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Non Cash Items
Capital Expenditures
Capital Expenditures are funds used by Cass Information Systems to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Cass Information operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Cass Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cass Information Systems 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 Cass Information Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in state.
At this time, Cass Information's
Enterprise Value Over EBITDA is comparatively stable compared to the past year.
Enterprise Value Multiple is likely to gain to 8.51 in 2025, whereas
Tax Provision is likely to drop slightly above 5.7
M in 2025.
Cass Information fundamental ratios Correlations
Click cells to compare fundamentals
Cass Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cass Information fundamental ratios Accounts
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Additional Tools for Cass Stock Analysis
When running Cass Information's price analysis, check to
measure Cass Information's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cass Information is operating at the current time. Most of Cass Information's value examination focuses on studying past and present price action to
predict the probability of Cass Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cass Information's price. Additionally, you may evaluate how the addition of Cass Information to your portfolios can decrease your overall portfolio volatility.