Nimble Storage Capital Expenditure vs Cash Beginning of Year Analysis

NMBL -- USA Stock  

USD 12.49  0.00  0.00%

Nimble Storage financial indicator trend analysis is infinitely more than just investigating Nimble Storage recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nimble Storage is a good investment. Please check the relationship between Nimble Storage Capital Expenditure and its Cash Beginning of Year accounts. Please see also Stocks Correlation.

Capital Expenditure vs Cash Beginning of Year

Accounts Relationship

Capital Expenditure vs Cash Beginning of Year

Significance: Pay attention

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

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

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

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Please see also Stocks Correlation. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.