| DEN Stock | | | 44.64 0.12 0.27% |
Den Networks financial indicator trend analysis is much more than just examining Den Networks Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Den Networks Limited is a good investment. Please check the relationship between Den Networks End Period Cash Flow and its Capital Expenditures accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Den Networks 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 board of governors.
End Period Cash Flow vs Capital Expenditures
End Period Cash Flow vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Den Networks Limited End Period Cash Flow account and
Capital Expenditures. At this time, the significance of the direction appears to have strong relationship.
The correlation between Den Networks' End Period Cash Flow and Capital Expenditures is 0.72. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Den Networks Limited, assuming nothing else is changed. The correlation between historical values of Den Networks' End Period 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 End Period Cash Flow of Den Networks 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 End Period Cash Flow i.e., Den Networks' End Period Cash Flow and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
End Period Cash Flow
Capital Expenditures
Capital Expenditures are funds used by Den Networks 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 Den Networks operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Den Networks' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Den Networks 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Den Networks 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 board of governors.
The current year's
Tax Provision is expected to grow to about 334.2
M, whereas
Selling General Administrative is forecasted to decline to about 658
M.
Den Networks fundamental ratios Correlations
Click cells to compare fundamentals
Den Networks Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Den Networks fundamental ratios Accounts
Also Currently Popular
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.
Other Information on Investing in Den Stock
Balance Sheet is a snapshot of the
financial position of Den Networks Limited at a specified time, usually calculated after every quarter, six months, or one year. Den Networks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Den Networks 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 Den currently owns. An asset can also be divided into two categories, current and non-current.