| SVI Stock | | | 4.08 0.03 0.73% |
Storage Vault financial indicator trend analysis is much more than just breaking down Storage Vault Canada prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Storage Vault Canada is a good investment. Please check the relationship between Storage Vault Depreciation and its Capital Expenditures accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Storage Vault Canada. 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.
Depreciation vs Capital Expenditures
Depreciation vs Capital Expenditures Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Storage Vault Canada Depreciation account and
Capital Expenditures. At this time, the significance of the direction appears to have very week relationship.
The correlation between Storage Vault's Depreciation and Capital Expenditures is 0.24. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Storage Vault Canada, assuming nothing else is changed. The correlation between historical values of Storage Vault's Depreciation 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 Depreciation of Storage Vault Canada 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 Depreciation i.e., Storage Vault's Depreciation and Capital Expenditures go up and down completely randomly.
Correlation Coefficient | 0.24 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Depreciation
Depreciation indicates how much of Storage Vault Canada value has been used up. For tax purposes Storage Vault can deduct the cost of the tangible assets it purchases as business expenses. However, Storage Vault Canada 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.
Capital Expenditures
Capital Expenditures are funds used by Storage Vault Canada to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Storage Vault operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Storage Vault's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Storage Vault Canada 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 Storage Vault Canada. 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.
At this time, Storage Vault's
Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024,
Enterprise Value Over EBITDA is likely to grow to 22.05, while
Tax Provision is likely to drop (9.1
M).
Storage Vault fundamental ratios Correlations
Click cells to compare fundamentals
Storage Vault Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Storage Vault fundamental ratios Accounts
Other Information on Investing in Storage Stock
Balance Sheet is a snapshot of the
financial position of Storage Vault Canada at a specified time, usually calculated after every quarter, six months, or one year. Storage Vault Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Storage Vault 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 Storage currently owns. An asset can also be divided into two categories, current and non-current.