AHT Stock | | | USD 9.19 0.07 0.76% |
Ashford Hospitality financial indicator trend analysis is way more than just evaluating Ashford Hospitality Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ashford Hospitality Trust is a good investment. Please check the relationship between Ashford Hospitality Cash and its Property Plant And Equipment Net accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashford Hospitality Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Cash vs Property Plant And Equipment Net
Cash vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ashford Hospitality Trust Cash account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have no relationship.
The correlation between Ashford Hospitality's Cash and Property Plant And Equipment Net is 0.08. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Ashford Hospitality Trust, assuming nothing else is changed. The correlation between historical values of Ashford Hospitality's Cash and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Ashford Hospitality Trust are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Cash i.e., Ashford Hospitality's Cash and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.08 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash
Cash refers to the most liquid asset of Ashford Hospitality Trust, which is listed under current asset account on Ashford Hospitality Trust balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ashford Hospitality customers. The amounts must be unrestricted with restricted cash listed in a different Ashford Hospitality account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Ashford Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ashford Hospitality Trust 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 Ashford Hospitality Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, Ashford Hospitality's
Selling General Administrative is comparatively stable compared to the past year.
Enterprise Value Over EBITDA is likely to gain to 22.90 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 58.2
M in 2024.
Ashford Hospitality fundamental ratios Correlations
Click cells to compare fundamentals
Ashford Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ashford Hospitality fundamental ratios Accounts
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