CCHHL Stock | | | 19.41 0.31 1.57% |
Country Club financial indicator trend analysis is way more than just evaluating Country Club Hospitality prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Country Club Hospitality is a good investment. Please check the relationship between Country Club Current Deferred Revenue and its Good Will accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Country Club Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Current Deferred Revenue vs Good Will
Current Deferred Revenue vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Country Club Hospitality Current Deferred Revenue account and
Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Country Club's Current Deferred Revenue and Good Will is 0.42. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Good Will in the same time period over historical financial statements of Country Club Hospitality, assuming nothing else is changed. The correlation between historical values of Country Club's Current Deferred Revenue and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Country Club Hospitality are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Current Deferred Revenue i.e., Country Club's Current Deferred Revenue and Good Will go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Country Club's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Country Club Hospitality 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 Country Club Hospitality. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
As of the 23rd of November 2024,
Selling General Administrative is likely to grow to about 487.3
M, while
Tax Provision is likely to drop about 10.2
M.
Country Club fundamental ratios Correlations
Click cells to compare fundamentals
Country Club Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Country Club fundamental ratios Accounts
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Other Information on Investing in Country Stock
Balance Sheet is a snapshot of the
financial position of Country Club Hospitality at a specified time, usually calculated after every quarter, six months, or one year. Country Club Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Country Club 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 Country currently owns. An asset can also be divided into two categories, current and non-current.