Park Non Current Liabilities Total vs Intangible Assets Analysis

0KFU Stock   15.36  0.03  0.19%   
Park Hotels financial indicator trend analysis is much more than just breaking down Park Hotels Resorts prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park Hotels Resorts is a good investment. Please check the relationship between Park Hotels Non Current Liabilities Total and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Park Hotels Resorts. 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.

Non Current Liabilities Total vs Intangible Assets

Non Current Liabilities Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Park Hotels Resorts Non Current Liabilities Total account and Intangible Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Park Hotels' Non Current Liabilities Total and Intangible Assets is 0.89. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Park Hotels Resorts, assuming nothing else is changed. The correlation between historical values of Park Hotels' Non Current Liabilities Total and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Park Hotels Resorts are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Liabilities Total i.e., Park Hotels' Non Current Liabilities Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Non Current Liabilities Total

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Park Hotels' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Park Hotels Resorts 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 Park Hotels Resorts. 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.
Selling General Administrative is likely to drop to about 58.1 M in 2024. Tax Provision is likely to gain to about (5.1 M) in 2024
 2021 2022 2024 (projected)
Interest Expense258M247M206.4M
Depreciation And Amortization1.5B2.2B272.7M

Park Hotels fundamental ratios Correlations

0.440.56-0.57-0.170.570.680.180.390.880.12-0.240.360.88-0.32-0.67-0.53-0.610.76-0.56-0.28-0.46-0.80.080.06-0.92
0.440.28-0.18-0.10.490.720.20.280.220.390.110.190.220.01-0.33-0.25-0.260.28-0.26-0.26-0.07-0.310.32-0.28-0.29
0.560.28-0.57-0.81-0.210.130.89-0.10.45-0.18-0.140.250.45-0.60.00.350.080.380.310.410.31-0.270.4-0.3-0.49
-0.57-0.18-0.570.38-0.1-0.17-0.35-0.55-0.560.460.32-0.82-0.560.160.430.180.22-0.480.21-0.250.250.53-0.27-0.090.74
-0.17-0.1-0.810.380.50.24-0.890.42-0.020.45-0.36-0.36-0.020.66-0.27-0.58-0.41-0.06-0.53-0.64-0.43-0.04-0.480.30.16
0.570.49-0.21-0.10.50.76-0.530.670.570.56-0.060.110.570.38-0.72-0.93-0.750.7-0.93-0.65-0.73-0.79-0.310.35-0.58
0.680.720.13-0.170.240.76-0.180.550.620.66-0.140.160.620.14-0.82-0.61-0.840.51-0.62-0.77-0.45-0.570.020.03-0.59
0.180.20.89-0.35-0.89-0.53-0.18-0.370.0-0.320.060.120.0-0.570.380.670.460.050.640.610.620.10.51-0.48-0.08
0.390.28-0.1-0.550.420.670.55-0.370.50.25-0.430.440.50.6-0.73-0.69-0.670.56-0.69-0.44-0.56-0.64-0.120.32-0.59
0.880.220.45-0.56-0.020.570.620.00.50.21-0.430.321.0-0.21-0.73-0.54-0.730.73-0.56-0.3-0.54-0.78-0.130.27-0.92
0.120.39-0.180.460.450.560.66-0.320.250.21-0.07-0.50.210.35-0.35-0.31-0.550.22-0.29-0.72-0.04-0.18-0.12-0.1-0.01
-0.240.11-0.140.32-0.36-0.06-0.140.06-0.43-0.43-0.070.13-0.43-0.190.180.10.25-0.10.080.10.090.120.2-0.10.26
0.360.190.25-0.82-0.360.110.160.120.440.32-0.50.130.32-0.1-0.51-0.24-0.250.25-0.270.12-0.38-0.360.290.17-0.57
0.880.220.45-0.56-0.020.570.620.00.51.00.21-0.430.32-0.21-0.73-0.54-0.730.73-0.56-0.3-0.54-0.78-0.130.27-0.92
-0.320.01-0.60.160.660.380.14-0.570.6-0.210.35-0.19-0.1-0.21-0.2-0.39-0.240.03-0.36-0.39-0.28-0.07-0.350.320.14
-0.67-0.330.00.43-0.27-0.72-0.820.38-0.73-0.73-0.350.18-0.51-0.73-0.20.750.96-0.540.770.720.720.670.1-0.330.76
-0.53-0.250.350.18-0.58-0.93-0.610.67-0.69-0.54-0.310.1-0.24-0.54-0.390.750.75-0.631.00.640.890.770.42-0.530.59
-0.61-0.260.080.22-0.41-0.75-0.840.46-0.67-0.73-0.550.25-0.25-0.73-0.240.960.75-0.530.750.840.670.620.21-0.320.67
0.760.280.38-0.48-0.060.70.510.050.560.730.22-0.10.250.730.03-0.54-0.63-0.53-0.66-0.21-0.5-0.97-0.210.33-0.82
-0.56-0.260.310.21-0.53-0.93-0.620.64-0.69-0.56-0.290.08-0.27-0.56-0.360.771.00.75-0.660.620.890.80.41-0.530.63
-0.28-0.260.41-0.25-0.64-0.65-0.770.61-0.44-0.3-0.720.10.12-0.3-0.390.720.640.84-0.210.620.490.290.27-0.20.22
-0.46-0.070.310.25-0.43-0.73-0.450.62-0.56-0.54-0.040.09-0.38-0.54-0.280.720.890.67-0.50.890.490.670.62-0.80.6
-0.8-0.31-0.270.53-0.04-0.79-0.570.1-0.64-0.78-0.180.12-0.36-0.78-0.070.670.770.62-0.970.80.290.670.25-0.410.88
0.080.320.4-0.27-0.48-0.310.020.51-0.12-0.13-0.120.20.29-0.13-0.350.10.420.21-0.210.410.270.620.25-0.890.03
0.06-0.28-0.3-0.090.30.350.03-0.480.320.27-0.1-0.10.170.270.32-0.33-0.53-0.320.33-0.53-0.2-0.8-0.41-0.89-0.28
-0.92-0.29-0.490.740.16-0.58-0.59-0.08-0.59-0.92-0.010.26-0.57-0.920.140.760.590.67-0.820.630.220.60.880.03-0.28
Click cells to compare fundamentals

Park Hotels Account Relationship Matchups

Park Hotels fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding204M213M236M228M215M233.8M
Total Assets11.3B10.6B9.7B9.7B9.4B10.9B
Short Long Term Debt Total4.1B5.4B4.9B4.9B4.7B4.5B
Other Current Liab22M(50M)(7M)(534M)(712M)(676.4M)
Total Current Liabilities376M235M267M411M223M283.7M
Total Stockholder Equity6.5B4.9B4.5B4.3B3.8B4.9B
Property Plant And Equipment Net9.8B9.4B8.7B8.5B7.7B9.3B
Net Debt3.8B4.4B4.2B3.9B4.0B4.0B
Accounts Payable217M147M156M220M210M199.7M
Cash346M951M688M906M717M526.8M
Non Current Assets Total10.6B9.5B8.8B8.6B7.7B7.2B
Non Currrent Assets Other(10M)50M60M(9.7B)40M42M
Other Assets36M60M69M46M9.4B9.9B
Cash And Short Term Investments346M951M688M906M717M526.8M
Net Receivables180M26M96M129M112M93.8M
Liabilities And Stockholders Equity11.3B10.6B9.7B9.7B9.4B10.9B
Non Current Liabilities Total4.5B5.5B5.1B5.0B5.4B4.1B
Other Current Assets194M69M110M91M151M213.8M
Other Stockholder Equity4.6B4.5B4.5B4.3B4.2B2.8B
Total Liab4.8B5.7B5.3B5.4B5.7B4.4B
Total Current Assets720M1.0B894M1.1B1.7B1.0B
Accumulated Other Comprehensive Income(3M)(4M)4.4B4.3B3.8B4.0B
Intangible Assets27M46M45M43M42M34.9M
Current Deferred Revenue(21M)(147M)(97M)(863M)305M320.3M
Short Term Debt21M147M78M725M833.8M579.9M
Retained Earnings1.9B376M(83M)16M(344M)(326.8M)
Long Term Debt3.0B2.9B3.9B5.1B5.9B3.9B
Property Plant Equipment9.8B9.4B8.7B8.5B9.8B9.6B
Other Liab387M186M198M266M239.4M244.3M
Net Tangible Assets5.8B4.8B4.4B4.3B3.9B4.0B

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.

Additional Tools for Park Stock Analysis

When running Park Hotels' price analysis, check to measure Park Hotels' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Park Hotels is operating at the current time. Most of Park Hotels' value examination focuses on studying past and present price action to predict the probability of Park Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park Hotels' price. Additionally, you may evaluate how the addition of Park Hotels to your portfolios can decrease your overall portfolio volatility.