Country Depreciation And Amortization vs Tax Provision Analysis

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 Depreciation And Amortization and its Tax Provision 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 Tax Provision

Depreciation And Amortization vs Tax Provision 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 Tax Provision. At this time, the significance of the direction appears to have strong relationship.
The correlation between Country Club's Depreciation And Amortization and Tax Provision is 0.74. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Tax Provision 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 Tax Provision 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 Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Depreciation And Amortization i.e., Country Club's Depreciation And Amortization and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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.
 2021 2022 2023 2024 (projected)
Interest Expense142.8M84.0M37.7M35.8M
Depreciation And Amortization168.6M128.2M126.5M120.2M

Country Club fundamental ratios Correlations

0.80.180.410.990.980.82-0.220.980.86-0.270.280.91-0.220.240.470.940.640.240.39-0.23-0.140.090.70.27-0.05
0.8-0.250.210.730.880.98-0.080.860.69-0.10.360.84-0.550.370.30.80.410.270.31-0.06-0.310.40.610.23-0.13
0.18-0.250.410.240.11-0.270.130.120.240.08-0.39-0.15-0.1-0.530.330.030.56-0.30.47-0.22-0.11-0.870.250.4-0.32
0.410.210.410.350.390.31-0.550.40.27-0.50.260.18-0.06-0.090.180.540.140.26-0.010.26-0.430.0-0.08-0.020.0
0.990.730.240.350.950.75-0.150.950.88-0.210.180.89-0.180.20.480.890.70.150.45-0.28-0.050.010.750.34-0.09
0.980.880.110.390.950.89-0.231.00.83-0.280.360.9-0.330.240.450.920.580.320.35-0.19-0.220.160.670.24-0.03
0.820.98-0.270.310.750.89-0.240.880.69-0.240.460.86-0.420.410.30.860.340.380.2-0.01-0.30.490.520.12-0.01
-0.22-0.080.13-0.55-0.15-0.23-0.24-0.25-0.040.98-0.78-0.24-0.38-0.22-0.07-0.420.48-0.770.69-0.170.21-0.510.50.68-0.59
0.980.860.120.40.951.00.88-0.250.86-0.30.350.89-0.320.240.450.920.580.310.35-0.2-0.220.160.670.24-0.04
0.860.690.240.270.880.830.69-0.040.86-0.1-0.070.71-0.320.190.350.710.74-0.10.61-0.23-0.06-0.020.790.56-0.38
-0.27-0.10.08-0.5-0.21-0.28-0.240.98-0.3-0.1-0.75-0.3-0.41-0.25-0.08-0.450.43-0.750.640.050.16-0.470.430.64-0.59
0.280.36-0.390.260.180.360.46-0.780.35-0.07-0.750.450.20.360.110.49-0.470.98-0.720.16-0.270.62-0.38-0.80.79
0.910.84-0.150.180.890.90.86-0.240.890.71-0.30.45-0.130.470.380.930.390.380.15-0.25-0.090.360.570.040.15
-0.22-0.55-0.1-0.06-0.18-0.33-0.42-0.38-0.32-0.32-0.410.2-0.130.17-0.2-0.13-0.40.29-0.56-0.10.460.18-0.47-0.520.67
0.240.37-0.53-0.090.20.240.41-0.220.240.19-0.250.360.470.17-0.370.37-0.180.31-0.24-0.09-0.270.550.06-0.270.3
0.470.30.330.180.480.450.3-0.070.450.35-0.080.110.38-0.2-0.370.40.350.090.2-0.050.14-0.150.310.17-0.07
0.940.80.030.540.890.920.86-0.420.920.71-0.450.490.93-0.130.370.40.390.430.12-0.12-0.240.310.460.030.13
0.640.410.560.140.70.580.340.480.580.740.43-0.470.39-0.4-0.180.350.39-0.460.91-0.230.03-0.530.890.82-0.58
0.240.27-0.30.260.150.320.38-0.770.31-0.1-0.750.980.380.290.310.090.43-0.46-0.730.13-0.230.53-0.39-0.810.86
0.390.310.47-0.010.450.350.20.690.350.610.64-0.720.15-0.56-0.240.20.120.91-0.73-0.240.04-0.550.860.97-0.82
-0.23-0.06-0.220.26-0.28-0.19-0.01-0.17-0.2-0.230.050.16-0.25-0.1-0.09-0.05-0.12-0.230.13-0.24-0.220.22-0.35-0.230.05
-0.14-0.31-0.11-0.43-0.05-0.22-0.30.21-0.22-0.060.16-0.27-0.090.46-0.270.14-0.240.03-0.230.04-0.220.020.090.090.09
0.090.4-0.870.00.010.160.49-0.510.16-0.02-0.470.620.360.180.55-0.150.31-0.530.53-0.550.220.02-0.28-0.490.42
0.70.610.25-0.080.750.670.520.50.670.790.43-0.380.57-0.470.060.310.460.89-0.390.86-0.350.09-0.280.78-0.53
0.270.230.4-0.020.340.240.120.680.240.560.64-0.80.04-0.52-0.270.170.030.82-0.810.97-0.230.09-0.490.78-0.88
-0.05-0.13-0.320.0-0.09-0.03-0.01-0.59-0.04-0.38-0.590.790.150.670.3-0.070.13-0.580.86-0.820.050.090.42-0.53-0.88
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Country Club Account Relationship Matchups

Country Club fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.4B8.7B7.9B6.6B6.2B9.4B
Short Long Term Debt Total3.0B2.8B2.4B1.2B237.5M225.6M
Other Current Liab107.0M630.3M214.9M1.2B778.1M736.2M
Total Current Liabilities2.1B2.2B2.3B1.4B1.3B1.8B
Total Stockholder Equity4.2B3.8B3.4B3.2B3.1B5.7B
Property Plant And Equipment Net7.7B7.0B6.2B5.3B4.6B4.4B
Net Debt3.0B2.8B2.4B517.2M222.8M211.7M
Cash60.5M57.5M28.9M13.8M14.6M13.9M
Non Current Assets Total8.8B8.1B7.2B6.2B5.5B5.2B
Non Currrent Assets Other330.2M37.4K146.8M37K10.9M10.3M
Cash And Short Term Investments61.6M58.7M276.8M14.9M15.8M15.0M
Liabilities And Stockholders Equity9.4B8.7B7.9B6.6B6.2B9.4B
Non Current Liabilities Total3.1B2.7B2.2B2.0B1.7B3.3B
Inventory57.3M35.8M36.5M7.2M235.0M246.7M
Other Current Assets450.3M435.3M297.3M166.1M301.2M593.1M
Total Liab5.2B4.9B4.5B3.4B3.0B5.1B
Total Current Assets569.2M529.8M733.6M453.7M632.2M600.6M
Accumulated Other Comprehensive Income(2.2B)3.3B3.4B3.1B2.8B2.9B
Net Receivables380.3M371.3M353.6M265.4M80.3M76.2M
Current Deferred Revenue657.9M491.8M492.0M(528.7M)62.5M122.7M
Retained Earnings(4.3B)(4.8B)(5.3B)(5.2B)(5.2B)(5.0B)
Accounts Payable163.1M93.4M79.5M30.0M23.4M22.2M
Short Term Debt1.2B1.4B1.5B697.7M(62.5M)(59.3M)
Other Liab1.2B1.3B1.3B1.5B1.7B1.1B
Net Tangible Assets3.4B3.0B2.6B2.4B2.1B2.0B
Other Assets(2.0)1.01K37K33.3K31.6K
Long Term Debt1.9B1.4B906.6M531.0M237.5M225.6M
Short Long Term Debt1.2B1.4B1.5B697.7M627.9M963.7M
Property Plant Equipment7.7B7.0B6.2B5.3B4.8B8.3B
Long Term Debt Total1.9B1.4B906.6M531.0M477.9M454.0M
Non Current Liabilities Other123.4M170.1M175.1M385.5M389.7M409.2M
Net Invested Capital7.3B5.2B4.3B3.7B3.4B6.0B

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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.