LLOYDS METALS financial indicator trend analysis is infinitely more than just investigating LLOYDS METALS AND recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LLOYDS METALS AND is a good investment. Please check the relationship between LLOYDS METALS Capital Expenditures and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LLOYDS METALS AND. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Capital Expenditures vs Net Income
Capital Expenditures vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LLOYDS METALS AND Capital Expenditures account and Net Income. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LLOYDS METALS's Capital Expenditures and Net Income is 0.97. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Net Income in the same time period over historical financial statements of LLOYDS METALS AND, assuming nothing else is changed. The correlation between historical values of LLOYDS METALS's Capital Expenditures and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of LLOYDS METALS AND are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Capital Expenditures i.e., LLOYDS METALS's Capital Expenditures and Net Income go up and down completely randomly.
Capital Expenditures are funds used by LLOYDS METALS AND to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of LLOYDS METALS operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in LLOYDS METALS AND financial statement analysis. It represents the amount of money remaining after all of LLOYDS METALS AND operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from LLOYDS METALS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LLOYDS METALS AND 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LLOYDS METALS AND. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Balance Sheet is a snapshot of the financial position of LLOYDS METALS AND at a specified time, usually calculated after every quarter, six months, or one year. LLOYDS METALS Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of LLOYDS METALS and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which LLOYDS currently owns. An asset can also be divided into two categories, current and non-current.