Nimble Storage Cash Beginning of Year vs Capital Expenditure 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 Cash Beginning of Year and its Capital Expenditure accounts. Please see also Stocks Correlation.

Cash Beginning of Year vs Capital Expenditure

Accounts Relationship

Cash Beginning of Year vs Capital Expenditure

Significance: Pay attention

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

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

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.

Did you try this?

Run Idea Breakdown Now
   

Idea Breakdown

Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
All  Next Launch Idea Breakdown

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see also Stocks Correlation. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.