National American Capital Expenditure vs Cash Beginning of Year Analysis

Capital Expenditure vs Cash Beginning of Year

Capital Expenditure

A component of Net Cash Flow from Investing representing the net cash inflow (outflow) associated with the acquisition & disposal of long-lived, physical & intangible assets that are used in the normal conduct of business to produce goods and services and are not intended for resale. Includes cash inflows/outflows to pay for construction of self-constructed assets & software.

Cash Beginning of Year

Accounts Relationship

Capital Expenditure vs Cash Beginning of Year

Significance: Significant Contrarian Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of National American Un Capital Expenditure account and Cash Beginning of Year

Correlation Coefficient

-0.33
Relationship DirectionNegative 
Relationship StrengthInsignificant