300096 Stock | | | 3.90 0.06 1.52% |
YLZ Information financial indicator trend analysis is more than just analyzing YLZ Information Tech current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YLZ Information Tech is a good investment. Please check the relationship between YLZ Information Capital Expenditures and its Depreciation accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in YLZ Information Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Capital Expenditures vs Depreciation
Capital Expenditures vs Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
YLZ Information Tech Capital Expenditures account and
Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between YLZ Information's Capital Expenditures and Depreciation is -0.16. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Depreciation in the same time period over historical financial statements of YLZ Information Tech, assuming nothing else is changed. The correlation between historical values of YLZ Information's Capital Expenditures and Depreciation 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 YLZ Information Tech are associated (or correlated) with its Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation has no effect on the direction of Capital Expenditures i.e., YLZ Information's Capital Expenditures and Depreciation go up and down completely randomly.
Correlation Coefficient | -0.16 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by YLZ Information Tech to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of YLZ Information operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Depreciation
Depreciation indicates how much of YLZ Information Tech value has been used up. For tax purposes YLZ Information can deduct the cost of the tangible assets it purchases as business expenses. However, YLZ Information Tech must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.
Most indicators from YLZ Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YLZ Information Tech 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in YLZ Information Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's
Tax Provision is expected to grow to about 32
M, whereas
Selling General Administrative is forecasted to decline to about 112.2
M.
YLZ Information fundamental ratios Correlations
Click cells to compare fundamentals
YLZ Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
YLZ Information fundamental ratios Accounts
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Other Information on Investing in YLZ Stock
Balance Sheet is a snapshot of the
financial position of YLZ Information Tech at a specified time, usually calculated after every quarter, six months, or one year. YLZ Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of YLZ Information 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 YLZ currently owns. An asset can also be divided into two categories, current and non-current.