Rite Aid Cash End of Year vs Capital Expenditure Analysis

RAD -- USA Stock  

USD 1.97  0.05  2.48%

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 Cash End of Year and its Capital Expenditure accounts. Additionally take a look at Your Equity Center.

Cash End of Year vs Capital Expenditure

Accounts Relationship

Cash End of Year vs Capital Expenditure

Significance: Significant Contrarian Relationship

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

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Cash End 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.

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