AHT Stock | | | USD 9.26 0.37 3.84% |
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 Net Tangible Assets and its Long Term Debt Total 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.
Net Tangible Assets vs Long Term Debt Total
Net Tangible Assets vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ashford Hospitality Trust Net Tangible Assets account and
Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Ashford Hospitality's Net Tangible Assets and Long Term Debt Total is -0.56. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Long Term Debt Total 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 Net Tangible Assets and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Ashford Hospitality Trust are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Net Tangible Assets i.e., Ashford Hospitality's Net Tangible Assets and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | -0.56 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Long Term Debt Total
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 22.99 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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