ResMed 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: Weak Contrarian Relationship

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

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

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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