Summit Materials Cash End of Year vs Share Based Compensation Analysis

SUM -- USA Stock  

USD 27.73  1.02  3.82%

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 Cash End of Year and its Share Based Compensation accounts. Also please take a look at World Market Map.

Cash End of Year vs Share Based Compensation

Accounts Relationship

Cash End of Year vs Share Based Compensation

Significance: Very Strong Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Summit Materials Cash End of Year account and Share Based Compensation

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Cash End of Year

Share Based Compensation

A component of Net Cash Flow from Operations representing the total amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method.

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