CCHHL Stock | | | 19.77 0.15 0.76% |
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 Depreciation And Amortization and its Interest Income 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.
Depreciation And Amortization vs Interest Income
Depreciation And Amortization vs Interest Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Country Club Hospitality Depreciation And Amortization account and
Interest Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Country Club's Depreciation And Amortization and Interest Income is 0.71. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Interest Income 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 Depreciation And Amortization and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Country Club Hospitality are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Depreciation And Amortization i.e., Country Club's Depreciation And Amortization and Interest Income go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 27th of November 2024,
Selling General Administrative is likely to drop to about 74.2
M. In addition to that,
Tax Provision is likely to drop to about 10.2
M | 2021 | 2022 | 2023 | 2024 (projected) |
Interest Expense | 142.8M | 84.0M | 37.7M | 35.8M | Depreciation And Amortization | 168.6M | 128.2M | 126.5M | 120.2M |
Country Club fundamental ratios Correlations
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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.