Target Capital Expenditure vs Cash Beginning of Year Analysis

Capital Expenditure vs 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.

Cash Beginning of Year

Accounts Relationship

Capital Expenditure vs Cash Beginning of Year

Significance: Weak Contrarian Relationship

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

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant