HengFeng Information financial indicator trend analysis is much more than just examining HengFeng Information latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HengFeng Information is a good investment. Please check the relationship between HengFeng Information Free Cash Flow and its Capital Expenditures accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HengFeng Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Free Cash Flow vs Capital Expenditures
Free Cash Flow vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HengFeng Information Free Cash Flow account and Capital Expenditures. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between HengFeng Information's Free Cash Flow and Capital Expenditures is -0.32. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of HengFeng Information Technology, assuming nothing else is changed. The correlation between historical values of HengFeng Information's Free Cash Flow 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 Free Cash Flow of HengFeng Information Technology 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 Free Cash Flow i.e., HengFeng Information's Free Cash Flow and Capital Expenditures go up and down completely randomly.
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Capital Expenditures
Capital Expenditures are funds used by HengFeng Information to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of HengFeng Information operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from HengFeng Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HengFeng Information 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 HengFeng Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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 HengFeng Information at a specified time, usually calculated after every quarter, six months, or one year. HengFeng Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of HengFeng 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 HengFeng currently owns. An asset can also be divided into two categories, current and non-current.