Summit Materials Capital Expenditure vs Cash Beginning of Year Analysis

SUM -- USA Stock  

USD 26.67  0.04  0.15%

Summit Materials financial indicator trend analysis is much more than just breaking down Summit Materials prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Summit Materials is a good investment. Please check the relationship between Summit Materials Capital Expenditure and its Cash Beginning of Year accounts. Also please take a look at World Market Map.

Capital Expenditure vs Cash Beginning of Year

Accounts Relationship

Capital Expenditure vs Cash Beginning of Year

Significance: Strong Relationship

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

Correlation Coefficient

0.77
Relationship DirectionPositive 
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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