Summit Materials Cash Beginning of Year vs Capital Expenditure Analysis

Cash Beginning of Year vs Capital Expenditure

Accounts Relationship

Cash Beginning of Year vs Capital Expenditure

Significance: Strong Relationship

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

Correlation Coefficient

0.77
Relationship DirectionPositive 
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.

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