Chatham Total Current Assets vs Long Term Debt Analysis

CLDT Stock

USD 9.30 0.09 0.98%

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 Total Current Assets and its Long Term Debt 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.

Total Current Assets vs Long Term Debt

Total Current Assets vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chatham Lodging Trust Total Current Assets account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Chatham Lodging's Total Current Assets and Long Term Debt is 0.47. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Long Term Debt 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 Total Current Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Chatham Lodging Trust are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Current Assets i.e., Chatham Lodging's Total Current Assets and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.47

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Long Term Debt

Long-term debt is a debt that Chatham Lodging Trust has held for over one year. Long-term debt appears on Chatham Lodging Trust balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Chatham Lodging Trust balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

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.

	2021	2022	2023	2024 (projected)
Gross Profit	59.1M	111.6M	110.9M	78.9M
Total Revenue	204.0M	294.9M	311.1M	209.4M

Gross Profit Total Revenue

Chatham Lodging fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Accounts Payable	Cash	Other Assets	Long Term Debt	Short Term Investments	Other Current Assets	Total Liab	Property Plant Equipment	Net Debt	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Current Assets	Common Stock	Short Long Term Debt Total	Retained Earnings	Non Current Assets Total	Net Receivables	Non Current Liabilities Total	Net Tangible Assets
Total Assets		-0.2	0.9	0.99	0.84	0.98	0.32	0.21	0.96	0.47	-0.07	0.98	0.99	0.96	0.16	0.96	0.95	0.97	0.46	0.96	0.98	-0.52	0.99	0.75	0.97	0.95
Other Current Liab	-0.2		-0.44	-0.11	-0.11	-0.2	0.32	-0.14	-0.14	-0.59	-0.3	-0.32	-0.16	-0.33	0.38	-0.13	-0.17	-0.12	0.33	-0.13	-0.27	-0.02	-0.19	0.17	-0.29	-0.02
Total Current Liabilities	0.9	-0.44		0.88	0.83	0.94	0.19	0.22	0.84	0.58	-0.04	0.91	0.88	0.89	0.05	0.85	0.88	0.87	0.35	0.85	0.89	-0.43	0.91	0.66	0.89	0.84
Total Stockholder Equity	0.99	-0.11	0.88		0.86	0.98	0.35	0.19	0.93	0.43	-0.1	0.93	0.99	0.91	0.19	0.98	0.96	0.99	0.49	0.97	0.94	-0.56	0.98	0.77	0.93	0.97
Other Liab	0.84	-0.11	0.83	0.86		0.87	0.6	0.49	0.72	0.41	-0.39	0.77	0.84	0.74	0.49	0.88	0.91	0.89	0.71	0.88	0.79	-0.77	0.86	0.63	0.78	0.9
Accounts Payable	0.98	-0.2	0.94	0.98	0.87		0.29	0.16	0.92	0.47	-0.1	0.93	0.97	0.91	0.14	0.95	0.95	0.97	0.46	0.95	0.93	-0.51	0.97	0.78	0.92	0.95
Cash	0.32	0.32	0.19	0.35	0.6	0.29		0.8	0.31	-0.18	-0.89	0.25	0.37	0.22	0.96	0.45	0.42	0.38	0.94	0.46	0.32	-0.72	0.35	0.33	0.31	0.49
Other Assets	0.21	-0.14	0.22	0.19	0.49	0.16	0.8		0.15	0.08	-0.72	0.21	0.24	0.18	0.79	0.34	0.33	0.24	0.69	0.35	0.24	-0.67	0.24	-0.08	0.25	0.31
Long Term Debt	0.96	-0.14	0.84	0.93	0.72	0.92	0.31	0.15		0.3	-0.07	0.96	0.95	0.95	0.14	0.88	0.86	0.9	0.47	0.88	0.96	-0.35	0.95	0.8	0.96	0.88
Short Term Investments	0.47	-0.59	0.58	0.43	0.41	0.47	-0.18	0.08	0.3		0.27	0.5	0.44	0.49	-0.23	0.45	0.53	0.44	-0.17	0.45	0.46	-0.37	0.48	-0.01	0.48	0.38
Other Current Assets	-0.07	-0.3	-0.04	-0.1	-0.39	-0.1	-0.89	-0.72	-0.07	0.27		-0.01	-0.13	0.02	-0.9	-0.21	-0.15	-0.14	-0.83	-0.22	-0.05	0.46	-0.1	-0.17	-0.06	-0.27
Total Liab	0.98	-0.32	0.91	0.93	0.77	0.93	0.25	0.21	0.96	0.5	-0.01		0.96	0.99	0.08	0.89	0.9	0.9	0.38	0.89	0.99	-0.42	0.97	0.7	1.0	0.87
Property Plant Equipment	0.99	-0.16	0.88	0.99	0.84	0.97	0.37	0.24	0.95	0.44	-0.13	0.96		0.93	0.21	0.98	0.96	0.98	0.5	0.98	0.95	-0.55	0.98	0.76	0.95	0.96
Net Debt	0.96	-0.33	0.89	0.91	0.74	0.91	0.22	0.18	0.95	0.49	0.02	0.99	0.93		0.04	0.86	0.86	0.88	0.35	0.86	0.99	-0.39	0.95	0.69	0.99	0.83
Cash And Short Term Investments	0.16	0.38	0.05	0.19	0.49	0.14	0.96	0.79	0.14	-0.23	-0.9	0.08	0.21	0.04		0.29	0.29	0.23	0.91	0.31	0.15	-0.65	0.2	0.19	0.14	0.38
Common Stock Total Equity	0.96	-0.13	0.85	0.98	0.88	0.95	0.45	0.34	0.88	0.45	-0.21	0.89	0.98	0.86	0.29		0.98	0.97	0.54	1.0	0.9	-0.69	0.95	0.69	0.89	0.97
Common Stock Shares Outstanding	0.95	-0.17	0.88	0.96	0.91	0.95	0.42	0.33	0.86	0.53	-0.15	0.9	0.96	0.86	0.29	0.98		0.97	0.53	0.98	0.91	-0.71	0.96	0.68	0.89	0.96
Other Stockholder Equity	0.97	-0.12	0.87	0.99	0.89	0.97	0.38	0.24	0.9	0.44	-0.14	0.9	0.98	0.88	0.23	0.97	0.97		0.52	0.97	0.91	-0.61	0.97	0.74	0.9	0.97
Total Current Assets	0.46	0.33	0.35	0.49	0.71	0.46	0.94	0.69	0.47	-0.17	-0.83	0.38	0.5	0.35	0.91	0.54	0.53	0.52		0.55	0.45	-0.64	0.5	0.51	0.44	0.63
Common Stock	0.96	-0.13	0.85	0.97	0.88	0.95	0.46	0.35	0.88	0.45	-0.22	0.89	0.98	0.86	0.31	1.0	0.98	0.97	0.55		0.9	-0.69	0.95	0.69	0.89	0.97
Short Long Term Debt Total	0.98	-0.27	0.89	0.94	0.79	0.93	0.32	0.24	0.96	0.46	-0.05	0.99	0.95	0.99	0.15	0.9	0.91	0.91	0.45	0.9		-0.48	0.98	0.73	1.0	0.88
Retained Earnings	-0.52	-0.02	-0.43	-0.56	-0.77	-0.51	-0.72	-0.67	-0.35	-0.37	0.46	-0.42	-0.55	-0.39	-0.65	-0.69	-0.71	-0.61	-0.64	-0.69	-0.48		-0.55	-0.24	-0.45	-0.64
Non Current Assets Total	0.99	-0.19	0.91	0.98	0.86	0.97	0.35	0.24	0.95	0.48	-0.1	0.97	0.98	0.95	0.2	0.95	0.96	0.97	0.5	0.95	0.98	-0.55		0.74	0.97	0.95
Net Receivables	0.75	0.17	0.66	0.77	0.63	0.78	0.33	-0.08	0.8	-0.01	-0.17	0.7	0.76	0.69	0.19	0.69	0.68	0.74	0.51	0.69	0.73	-0.24	0.74		0.7	0.75
Non Current Liabilities Total	0.97	-0.29	0.89	0.93	0.78	0.92	0.31	0.25	0.96	0.48	-0.06	1.0	0.95	0.99	0.14	0.89	0.89	0.9	0.44	0.89	1.0	-0.45	0.97	0.7		0.87
Net Tangible Assets	0.95	-0.02	0.84	0.97	0.9	0.95	0.49	0.31	0.88	0.38	-0.27	0.87	0.96	0.83	0.38	0.97	0.96	0.97	0.63	0.97	0.88	-0.64	0.95	0.75	0.87

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Chatham Lodging Account Relationship Matchups

Chatham Lodging fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.4B	1.4B	1.3B	1.3B	1.1B
Other Current Liab	(68.6M)	(114.9M)	1.8M	5.2M	5.4M	5.7M
Total Current Liabilities	54.4M	45.8M	29.5M	33.7M	34.7M	31.1M
Total Stockholder Equity	762.4M	677.8M	797.5M	794.9M	776.1M	574.5M
Accounts Payable	33.0M	25.4M	27.7M	28.5M	29.3M	22.0M
Cash	6.6M	21.1M	19.2M	26.3M	68.1M	71.5M
Other Assets	4.3M	1.3B	22.4M	28.7M	1.3B	1.3B
Long Term Debt	495.5M	460.1M	439.3M	469.9M	484.1M	392.0M
Other Current Assets	2.6M	12.6M	13.5M	18.9M	(90.1M)	(85.6M)
Total Liab	663.6M	677.8M	596.5M	525.7M	539.6M	478.0M
Property Plant Equipment	1.3B	1.3B	1.4B	1.3B	1.5B	976.8M
Net Debt	602.6M	610.9M	547.8M	465.7M	436.8M	455.4M
Cash And Short Term Investments	6.6M	21.1M	19.2M	26.3M	68.1M	71.5M
Common Stock Total Equity	469K	470K	487K	488K	561.2K	358.6K
Common Stock Shares Outstanding	47.0M	47.0M	48.3M	49.1M	48.8M	36.3M
Liabilities And Stockholders Equity	1.4B	1.4B	1.4B	1.3B	1.3B	1.1B
Other Stockholder Equity	904.3M	906M	1.0B	1.0B	1.0B	784.7M
Total Current Assets	27.4M	35.4M	35.7M	50.3M	90.1M	94.6M
Common Stock	469K	470K	487K	488K	561.2K	370.5K
Short Long Term Debt Total	609.2M	632.0M	567.0M	548.5M	504.9M	511.9M
Retained Earnings	(142.4M)	(228.7M)	(251.1M)	(252.7M)	(271.7M)	(258.1M)
Non Current Assets Total	1.4B	1.3B	1.4B	1.3B	1.3B	1.2B
Net Receivables	4.6M	1.7M	3.0M	5.2M	4.4M	3.8M
Non Current Liabilities Total	609.2M	632.0M	567.0M	492.0M	504.9M	507.4M
Net Tangible Assets	762.4M	677.8M	797.5M	794.8M	914.1M	677.9M
Noncontrolling Interest In Consolidated Entity	12.6M	14.7M	16.7M	23.1M	26.6M	27.9M
Non Currrent Assets Other	1.4B	(56.0M)	1.4B	1.3B	1.2B	1.1B
Retained Earnings Total Equity	(142.4M)	(228.7M)	(251.1M)	(252.7M)	(227.4M)	(216.0M)
Long Term Debt Total	495.5M	460.1M	439.3M	430.6M	495.1M	462.4M
Capital Surpluse	904.3M	906M	1.0B	1.0B	1.2B	790.9M
Inventory	13.6M	10.3M	10.7M	(800K)	107.7M	113.1M
Deferred Long Term Liab	4.3M	5.4M	4.6M	6.4M	7.4M	4.4M

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