SAIHEAT Net Income vs Capital Expenditures 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 Net Income and its Capital Expenditures accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SAIHEAT Limited. 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.
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 SAIHEAT Limited Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have pay attention.
The correlation between SAIHEAT's Net Income and Capital Expenditures is -0.8. 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 SAIHEAT Limited, assuming nothing else is changed. The correlation between historical values of SAIHEAT'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 SAIHEAT Limited 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., SAIHEAT's Net Income and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | -0.8 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in SAIHEAT Limited financial statement analysis. It represents the amount of money remaining after all of SAIHEAT Limited operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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.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, which includes a position in SAIHEAT Limited. 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
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SAIHEAT Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.Additional Tools for SAIHEAT Stock Analysis
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.