| EIHAHOTELS | | | 361.55 15.55 4.12% |
EIH Associated financial indicator trend analysis is much more than just examining EIH Associated Hotels latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether EIH Associated Hotels is a good investment. Please check the relationship between EIH Associated Accounts Payable and its Total Liab accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EIH Associated Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Accounts Payable vs Total Liab
Accounts Payable vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
EIH Associated Hotels Accounts Payable account and
Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between EIH Associated's Accounts Payable and Total Liab is -0.59. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of EIH Associated Hotels, assuming nothing else is changed. The correlation between historical values of EIH Associated's Accounts Payable and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of EIH Associated Hotels are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., EIH Associated's Accounts Payable and Total Liab go up and down completely randomly.
Correlation Coefficient | -0.59 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents EIH Associated obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of EIH Associated Hotels are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most indicators from EIH Associated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into EIH Associated Hotels 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EIH Associated Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Selling General Administrative is likely to gain to about 179.5
M in 2025.
Tax Provision is likely to gain to about 261.9
M in 2025
EIH Associated fundamental ratios Correlations
Click cells to compare fundamentals
EIH Associated Account Relationship Matchups
High Positive Relationship
High Negative Relationship
EIH Associated fundamental ratios Accounts
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Tools for EIH Stock Analysis
When running EIH Associated's price analysis, check to
measure EIH Associated'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 EIH Associated is operating at the current time. Most of EIH Associated's value examination focuses on studying past and present price action to
predict the probability of EIH Associated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EIH Associated's price. Additionally, you may evaluate how the addition of EIH Associated to your portfolios can decrease your overall portfolio volatility.