Rite Aid Capital Expenditure vs Cash End of Year Analysis

RAD -- USA Stock  

USD 1.97  0.02  1.03%

Rite Aid financial indicator trend analysis is much more than just breaking down Rite Aid prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rite Aid is a good investment. Please check the relationship between Rite Aid Capital Expenditure and its Cash End of Year accounts. Additionally take a look at Your Equity Center.

Capital Expenditure vs Cash End of Year

Accounts Relationship

Capital Expenditure vs Cash End of Year

Significance: Significant Contrarian Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Rite Aid Capital Expenditure account and Cash End of Year

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

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 End of Year

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