| 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 Non Current Assets Total and its Good Will 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.
Non Current Assets Total vs Good Will
Non Current Assets Total vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
EIH Associated Hotels Non Current Assets Total account and
Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between EIH Associated's Non Current Assets Total and Good Will is 0.56. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Good Will 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 Non Current Assets Total and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of EIH Associated Hotels are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Non Current Assets Total i.e., EIH Associated's Non Current Assets Total and Good Will go up and down completely randomly.
Correlation Coefficient | 0.56 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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
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Additional Tools for EIH Stock Analysis
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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.