SAIHEAT Capital Expenditures vs Change To Inventory Analysis
| SAIHW Stock | 0.15 0.00 0.00% |
SAIHEAT financial indicator trend analysis is much more than just breaking down SAIHEAT Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SAIHEAT Limited is a good investment. Please check the relationship between SAIHEAT Capital Expenditures and its Change To Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Capital Expenditures vs Change To Inventory
Capital Expenditures vs Change To Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SAIHEAT Limited Capital Expenditures account and Change To Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SAIHEAT's Capital Expenditures and Change To Inventory is 0.9. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of SAIHEAT Limited, assuming nothing else is changed. The correlation between historical values of SAIHEAT's Capital Expenditures and Change To Inventory 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 SAIHEAT Limited are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Capital Expenditures i.e., SAIHEAT's Capital Expenditures and Change To Inventory go up and down completely randomly.
Correlation Coefficient | 0.9 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Capital Expenditures
Capital Expenditures are funds used by SAIHEAT Limited to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of SAIHEAT operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Most indicators from SAIHEAT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SAIHEAT Limited 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. Selling General Administrative is likely to climb to about 8.6 M in 2024, whereas Tax Provision is likely to drop 0.00 in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3M | 1.1M | 457K | 752.6K | Total Revenue | 17.0M | 10.6M | 6.8M | 10.0M |
SAIHEAT fundamental ratios Correlations
Click cells to compare fundamentals
SAIHEAT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running SAIHEAT's price analysis, check to measure SAIHEAT'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 SAIHEAT is operating at the current time. Most of SAIHEAT's value examination focuses on studying past and present price action to predict the probability of SAIHEAT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SAIHEAT's price. Additionally, you may evaluate how the addition of SAIHEAT to your portfolios can decrease your overall portfolio volatility.