BOWL Stock | | | 314.50 2.00 0.63% |
Hollywood Bowl financial indicator trend analysis is much more than just examining Hollywood Bowl Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hollywood Bowl Group is a good investment. Please check the relationship between Hollywood Bowl Net Debt and its Other Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Hollywood Bowl Group. 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.
Net Debt vs Other Assets
Net Debt vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Hollywood Bowl Group Net Debt account and
Other Assets. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Hollywood Bowl's Net Debt and Other Assets is 0.54. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of Hollywood Bowl Group, assuming nothing else is changed. The correlation between historical values of Hollywood Bowl's Net Debt and Other 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 Net Debt of Hollywood Bowl Group are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Debt i.e., Hollywood Bowl's Net Debt and Other Assets go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Other Assets
Most indicators from Hollywood Bowl's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hollywood Bowl Group 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 Hollywood Bowl Group. 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.
Tax Provision is likely to gain to about 13.2
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 41.7
M in 2024.
Hollywood Bowl fundamental ratios Correlations
Click cells to compare fundamentals
Hollywood Bowl Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Hollywood Bowl fundamental ratios Accounts
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Additional Tools for Hollywood Stock Analysis
When running Hollywood Bowl's price analysis, check to
measure Hollywood Bowl's 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 Hollywood Bowl is operating at the current time. Most of Hollywood Bowl's value examination focuses on studying past and present price action to
predict the probability of Hollywood Bowl's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hollywood Bowl's price. Additionally, you may evaluate how the addition of Hollywood Bowl to your portfolios can decrease your overall portfolio volatility.