Iat Capital Expenditures vs Depreciation Analysis

300825 Stock   12.30  0.62  5.31%   
Iat Automobile financial indicator trend analysis is infinitely more than just investigating Iat Automobile Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Iat Automobile Technology is a good investment. Please check the relationship between Iat Automobile Capital Expenditures and its Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Iat Automobile 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 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 Iat Automobile Technology Capital Expenditures account and Depreciation. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Iat Automobile's Capital Expenditures and Depreciation is 0.84. 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 Iat Automobile Technology, assuming nothing else is changed. The correlation between historical values of Iat Automobile'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 Iat Automobile Technology 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., Iat Automobile's Capital Expenditures and Depreciation go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Capital Expenditures

Capital Expenditures are funds used by Iat Automobile Technology to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Iat Automobile 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 Iat Automobile Technology value has been used up. For tax purposes Iat Automobile can deduct the cost of the tangible assets it purchases as business expenses. However, Iat Automobile Technology 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 Iat Automobile's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Iat Automobile Technology 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 Iat Automobile 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 nation.
The current year's Selling General Administrative is expected to grow to about 31.6 M, whereas Tax Provision is forecasted to decline to about 15.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense16.9M18.2M18.9M10.9M
Depreciation And Amortization74.6M89.2M93.8M98.5M

Iat Automobile fundamental ratios Correlations

0.75-0.330.650.990.880.86-0.220.880.80.790.820.690.860.820.940.870.90.070.990.950.96-0.190.630.940.88
0.75-0.620.310.780.960.750.280.910.450.550.950.460.570.870.610.960.52-0.260.750.720.610.380.90.770.6
-0.33-0.620.35-0.42-0.56-0.51-0.64-0.57-0.130.05-0.49-0.46-0.31-0.36-0.27-0.51-0.080.63-0.35-0.14-0.2-0.52-0.5-0.38-0.11
0.650.310.350.580.440.53-0.440.50.740.630.540.150.40.670.710.440.810.40.590.80.65-0.320.460.680.74
0.990.78-0.420.580.90.87-0.150.890.770.760.820.710.860.810.920.880.870.00.990.930.94-0.130.640.940.85
0.880.96-0.560.440.90.820.090.970.620.690.950.590.740.90.770.990.71-0.150.870.840.790.150.840.860.74
0.860.75-0.510.530.870.820.140.870.660.490.790.470.590.790.780.790.75-0.070.80.840.730.050.70.920.79
-0.220.28-0.64-0.44-0.150.090.140.15-0.43-0.650.19-0.14-0.380.07-0.250.05-0.41-0.4-0.22-0.28-0.40.820.42-0.09-0.16
0.880.91-0.570.50.890.970.870.150.690.60.960.60.720.930.850.950.77-0.120.850.830.80.120.860.870.76
0.80.45-0.130.740.770.620.66-0.430.690.730.610.50.70.710.90.610.91-0.060.730.80.81-0.370.440.790.62
0.790.550.050.630.760.690.49-0.650.60.730.590.490.790.630.70.720.760.140.80.830.84-0.410.340.70.62
0.820.95-0.490.540.820.950.790.190.960.610.590.460.60.970.750.940.67-0.120.80.810.70.270.950.840.72
0.690.46-0.460.150.710.590.47-0.140.60.50.490.460.910.370.670.550.57-0.140.740.460.77-0.120.270.50.62
0.860.57-0.310.40.860.740.59-0.380.720.70.790.60.910.570.820.730.790.00.890.720.94-0.320.350.680.72
0.820.87-0.360.670.810.90.790.070.930.710.630.970.370.570.80.890.760.00.780.850.730.140.910.870.72
0.940.61-0.270.710.920.770.78-0.250.850.90.70.750.670.820.80.760.960.10.90.880.94-0.290.580.870.82
0.870.96-0.510.440.880.990.790.050.950.610.720.940.550.730.890.760.7-0.110.860.840.790.090.810.840.7
0.90.52-0.080.810.870.710.75-0.410.770.910.760.670.570.790.760.960.70.240.850.90.94-0.450.480.840.84
0.07-0.260.630.40.0-0.15-0.07-0.4-0.12-0.060.14-0.12-0.140.00.00.1-0.110.240.070.150.19-0.55-0.2-0.020.33
0.990.75-0.350.590.990.870.8-0.220.850.730.80.80.740.890.780.90.860.850.070.910.95-0.150.60.90.86
0.950.72-0.140.80.930.840.84-0.280.830.80.830.810.460.720.850.880.840.90.150.910.88-0.220.650.940.86
0.960.61-0.20.650.940.790.73-0.40.80.810.840.70.770.940.730.940.790.940.190.950.88-0.380.470.830.86
-0.190.38-0.52-0.32-0.130.150.050.820.12-0.37-0.410.27-0.12-0.320.14-0.290.09-0.45-0.55-0.15-0.22-0.380.5-0.04-0.17
0.630.9-0.50.460.640.840.70.420.860.440.340.950.270.350.910.580.810.48-0.20.60.650.470.50.710.59
0.940.77-0.380.680.940.860.92-0.090.870.790.70.840.50.680.870.870.840.84-0.020.90.940.83-0.040.710.82
0.880.6-0.110.740.850.740.79-0.160.760.620.620.720.620.720.720.820.70.840.330.860.860.86-0.170.590.82
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Iat Automobile Account Relationship Matchups

Iat Automobile fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.1B3.4B3.3B3.4B1.9B
Short Long Term Debt Total64.9M112.0M420.9M395.5M494.8M519.6M
Other Current Liab135.0M4.6M994.6K5.1M14.9M14.1M
Total Current Liabilities377.2M352.7M276.1M436.0M501.9M385.8M
Total Stockholder Equity951.7M1.5B2.5B2.4B2.4B1.3B
Property Plant And Equipment Net87.5M177.0M601.8M611.6M585.4M614.6M
Current Deferred Revenue84.7M147.2M132.5M216.6M214.6M120.2M
Net Debt(315.4M)(27.9M)(301.4M)(318.7M)61.6M64.7M
Retained Earnings200.3M299.4M485.8M556.2M590.5M620.0M
Accounts Payable157.2M109.8M94.3M179.2M121.1M94.6M
Cash380.2M139.8M722.4M714.2M433.2M418.4M
Non Current Assets Total410.3M647.7M1.2B1.4B1.9B2.0B
Non Currrent Assets Other197.0M797.0M982.7M414.6M219.9M331.7M
Cash And Short Term Investments562.7M874.4M1.5B1.0B542.4M633.3M
Net Receivables258.0M240.5M310.0M486.1M568.8M597.2M
Liabilities And Stockholders Equity1.6B2.1B3.4B3.3B3.4B1.9B
Non Current Liabilities Total84.8M51.2M400.8M382.6M367.3M385.7M
Inventory330.5M304.0M324.4M453.7M339.1M244.1M
Other Current Assets26.8M39.0M32.1M4.7M14.7M14.0M
Other Stockholder Equity478.3M804.5M1.6B1.2B1.4B714.8M
Total Liab462.1M403.8M676.9M818.7M869.2M529.9M
Total Current Assets1.2B1.5B2.2B2.0B1.5B1.2B
Short Term Debt384.5K91.1M48.2M35.2M151.3M158.9M
Intangible Assets40.3M190.9M215.8M345.1M810.1M850.6M
Other Assets76.7M65.3M1.0328.7M378.0M396.9M
Other Liab17.5M4.0M19.6M18.9M21.8M14.4M
Net Tangible Assets800.6M911.4M1.3B2.4B2.7B2.9B
Long Term Debt81.5M20.9M1.5M1.9M1.1M1.1M
Deferred Long Term Liab5.6M6.6M81.7M158.8M182.6M191.7M
Non Current Liabilities Other664.5K59.5M64.5M500K575K546.3K
Property Plant Equipment75.2M87.5M177.0M601.8M692.1M726.7M
Net Invested Capital1.0B1.5B2.5B2.4B2.6B1.8B
Net Working Capital800.8M1.1B1.9B1.5B963.1M1.2B
Short Term Investments182.5M734.5M824.0M299.0M109.2M103.8M

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Other Information on Investing in Iat Stock

Balance Sheet is a snapshot of the financial position of Iat Automobile Technology at a specified time, usually calculated after every quarter, six months, or one year. Iat Automobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Iat Automobile 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 Iat currently owns. An asset can also be divided into two categories, current and non-current.