Big Net Income vs Capital Expenditures Analysis
DSY Stock | 2.29 0.01 0.43% |
Big Tree financial indicator trend analysis is way more than just evaluating Big Tree Cloud prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Tree Cloud is a good investment. Please check the relationship between Big Tree Net Income and its Capital Expenditures accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Big Tree Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Net Income vs Capital Expenditures
Net Income vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Tree Cloud Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Big Tree's Net Income and Capital Expenditures is 0.92. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Big Tree Cloud, assuming nothing else is changed. The correlation between historical values of Big Tree's Net Income and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Big Tree Cloud are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Big Tree's Net Income and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Big Tree Cloud financial statement analysis. It represents the amount of money remaining after all of Big Tree Cloud operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Capital Expenditures
Capital Expenditures are funds used by Big Tree Cloud to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Big Tree operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Most indicators from Big Tree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Tree Cloud current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Big Tree Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Big Tree's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 208.71 in 2024, whereas Tax Provision is likely to drop (54 K) in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 56.8K | 798.9K | 1.1M | 729.0K | Interest Income | 4.5K | 9.3K | 206.6K | 216.9K |
Big Tree fundamental ratios Correlations
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Big Tree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Big Tree's price analysis, check to measure Big Tree's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Big Tree is operating at the current time. Most of Big Tree's value examination focuses on studying past and present price action to predict the probability of Big Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Tree's price. Additionally, you may evaluate how the addition of Big Tree to your portfolios can decrease your overall portfolio volatility.