CLDT Stock | | | USD 9.26 0.01 0.11% |
Chatham Lodging financial indicator trend analysis is way more than just evaluating Chatham Lodging Trust prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chatham Lodging Trust is a good investment. Please check the relationship between Chatham Lodging Income Before Tax and its Total Operating Expenses accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Chatham Lodging 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 unemployment.
Income Before Tax vs Total Operating Expenses
Income Before Tax vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Chatham Lodging Trust Income Before Tax account and
Total Operating Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Chatham Lodging's Income Before Tax and Total Operating Expenses is -0.01. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Chatham Lodging Trust, assuming nothing else is changed. The correlation between historical values of Chatham Lodging's Income Before Tax and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Chatham Lodging Trust are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Income Before Tax i.e., Chatham Lodging's Income Before Tax and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.01 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Chatham Lodging income statement and is an important metric when analyzing Chatham Lodging Trust profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Chatham Lodging's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chatham Lodging 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 Chatham Lodging 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 unemployment.
At this time, Chatham Lodging's
Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.09 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 53.2
K in 2024.
Chatham Lodging fundamental ratios Correlations
Click cells to compare fundamentals
Chatham Lodging Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chatham Lodging fundamental ratios Accounts
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Additional Tools for Chatham Stock Analysis
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measure Chatham Lodging'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 Chatham Lodging is operating at the current time. Most of Chatham Lodging's value examination focuses on studying past and present price action to
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