Event Capital Expenditures vs Change To Operating Activities Analysis

EVT Stock   11.42  0.03  0.26%   
Event Hospitality financial indicator trend analysis is much more than just examining Event Hospitality latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Event Hospitality is a good investment. Please check the relationship between Event Hospitality Capital Expenditures and its Change To Operating Activities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Event Hospitality and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capital Expenditures vs Change To Operating Activities

Capital Expenditures vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Event Hospitality Capital Expenditures account and Change To Operating Activities. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Event Hospitality's Capital Expenditures and Change To Operating Activities is 0.13. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Event Hospitality and, assuming nothing else is changed. The correlation between historical values of Event Hospitality's Capital Expenditures and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Event Hospitality and are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Capital Expenditures i.e., Event Hospitality's Capital Expenditures and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Event Hospitality to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Event Hospitality operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Operating Activities

Most indicators from Event Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Event 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Event Hospitality and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Discontinued Operations is likely to gain to about 29.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 404.5 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses886.8M1.1B1.1B1.2B
Interest Expense41.2M43.5M53.6M56.2M

Event Hospitality fundamental ratios Correlations

0.950.350.620.320.990.930.230.51.00.350.50.080.60.030.930.280.3-0.930.970.960.590.490.40.710.85
0.950.180.640.070.961.0-0.040.370.970.360.370.120.350.00.950.110.22-0.970.990.930.440.580.170.710.71
0.350.180.260.730.320.140.70.420.27-0.30.42-0.310.450.120.150.420.82-0.10.20.230.840.070.570.340.33
0.620.640.260.380.660.650.310.30.62-0.060.30.230.350.020.40.290.1-0.620.590.440.340.930.430.730.62
0.320.070.730.380.30.030.990.530.26-0.260.53-0.030.780.170.010.650.39-0.050.10.160.690.130.930.360.58
0.990.960.320.660.30.950.210.440.990.380.440.130.580.010.910.270.26-0.930.970.940.540.560.370.70.84
0.931.00.140.650.030.95-0.080.310.950.390.310.150.32-0.010.940.070.2-0.970.980.920.390.60.130.690.68
0.23-0.040.70.310.990.21-0.080.490.17-0.290.49-0.050.760.16-0.090.640.360.050.00.060.630.070.920.290.52
0.50.370.420.30.530.440.310.490.46-0.31.0-0.30.410.180.420.530.19-0.440.420.50.780.00.550.710.61
1.00.970.270.620.260.990.950.170.460.390.460.130.570.030.940.240.23-0.950.980.960.530.520.360.70.83
0.350.36-0.3-0.06-0.260.380.39-0.29-0.30.39-0.30.620.27-0.030.42-0.02-0.34-0.390.390.42-0.310.08-0.12-0.320.17
0.50.370.420.30.530.440.310.491.00.46-0.3-0.30.410.180.420.530.19-0.440.420.50.780.00.550.710.61
0.080.12-0.310.23-0.030.130.15-0.05-0.30.130.62-0.30.220.210.040.0-0.57-0.210.090.02-0.380.330.17-0.190.0
0.60.350.450.350.780.580.320.760.410.570.270.410.220.080.340.540.16-0.370.40.480.490.180.840.320.78
0.030.00.120.020.170.01-0.010.160.180.03-0.030.180.210.080.03-0.11-0.01-0.030.010.040.17-0.070.220.02-0.02
0.930.950.150.40.010.910.94-0.090.420.940.420.420.040.340.030.070.24-0.940.980.980.470.310.120.620.66
0.280.110.420.290.650.270.070.640.530.24-0.020.530.00.54-0.110.070.01-0.140.140.170.440.10.630.230.48
0.30.220.820.10.390.260.20.360.190.23-0.340.19-0.570.16-0.010.240.01-0.080.230.260.72-0.030.230.290.2
-0.93-0.97-0.1-0.62-0.05-0.93-0.970.05-0.44-0.95-0.39-0.44-0.21-0.37-0.03-0.94-0.14-0.08-0.97-0.92-0.41-0.54-0.2-0.73-0.7
0.970.990.20.590.10.970.980.00.420.980.390.420.090.40.010.980.140.23-0.970.970.480.50.20.70.74
0.960.930.230.440.160.940.920.060.50.960.420.50.020.480.040.980.170.26-0.920.970.540.330.250.630.76
0.590.440.840.340.690.540.390.630.780.53-0.310.78-0.380.490.170.470.440.72-0.410.480.540.050.630.660.6
0.490.580.070.930.130.560.60.070.00.520.080.00.330.18-0.070.310.1-0.03-0.540.50.330.050.160.530.43
0.40.170.570.430.930.370.130.920.550.36-0.120.550.170.840.220.120.630.23-0.20.20.250.630.160.410.65
0.710.710.340.730.360.70.690.290.710.7-0.320.71-0.190.320.020.620.230.29-0.730.70.630.660.530.410.7
0.850.710.330.620.580.840.680.520.610.830.170.610.00.78-0.020.660.480.2-0.70.740.760.60.430.650.7
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Event Hospitality Account Relationship Matchups

Event Hospitality fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B3.0B2.9B3.0B2.9B3.1B
Short Long Term Debt Total1.4B1.5B1.3B1.4B1.3B1.4B
Other Current Liab101.7M108.5M135.2M132.1M114.0M76.2M
Total Current Liabilities858.1M449.9M454.6M425.0M394.5M207.1M
Total Stockholder Equity923.4M872.5M920.8M1.0B964.1M647.6M
Property Plant And Equipment Net2.2B2.2B2.1B2.2B2.2B2.3B
Net Debt1.4B1.4B1.2B1.2B1.2B1.3B
Retained Earnings631.2M583.2M636.5M701.1M650.8M417.1M
Cash76.6M121.0M175.2M207M106.4M59.7M
Non Current Assets Total2.5B2.7B2.6B2.7B2.7B2.8B
Non Currrent Assets Other24.3M(46.1M)(71.6M)(51.9M)315.4M331.1M
Cash And Short Term Investments76.6M121.0M175.2M207M106.4M59.7M
Net Receivables60.0M12.0M19.3M25.2M65.2M37.6M
Common Stock Shares Outstanding161.1M161.2M162.2M162.7M163.4M159.7M
Liabilities And Stockholders Equity2.6B3.0B2.9B3.0B2.9B3.1B
Non Current Liabilities Total850.3M1.7B1.5B1.6B1.6B1.6B
Inventory21.1M16.4M18.6M23.8M24.6M16.2M
Other Current Assets8.8M119.6M73.4M49.8M26.4M21.5M
Other Stockholder Equity(850.3M)(802.3M)(855.6M)(920.2M)(828.2M)(786.8M)
Total Liab1.7B2.1B2.0B2.0B1.9B2.0B
Property Plant And Equipment Gross1.9B3.3B3.3B3.5B3.4B3.5B
Total Current Assets166.5M268.9M286.5M305.7M222.6M136.6M
Accumulated Other Comprehensive Income73.1M70.2M65.2M89.6M94.2M67.3M
Short Term Debt623.7M174.8M128.4M147.0M131.8M138.4M
Intangible Assets99.1M101.3M118.7M107.5M32.5M29.4M
Current Deferred Revenue100.4M120.2M109.8M97.4M99.5M104.5M
Accounts Payable32.2M46.4M54.5M37.0M38.4M29.8M
Good Will62.3M66.6M91.2M73.1M72.8M76.4M
Other Liab34.2M33.0M41.6M34.8M40.0M25.9M
Other Assets135.4M124.9M98.2M51.9M59.7M77.9M
Long Term Debt859K431.2M384.8M453.0M410.7M211.4M
Property Plant Equipment1.9B2.2B2.1B2.2B2.6B2.7B
Net Tangible Assets882.4M771.2M802.1M902.3M1.0B818.9M
Long Term Investments91.7M79.6M16.1M16.4M13.4M12.7M
Long Term Debt Total605.2M1.3B1.2B1.3B1.4B1.5B
Non Current Liabilities Other5.8M5.1M4.8M12.0M13.8M14.5M

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Additional Tools for Event Stock Analysis

When running Event Hospitality's price analysis, check to measure Event Hospitality'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 Event Hospitality is operating at the current time. Most of Event Hospitality's value examination focuses on studying past and present price action to predict the probability of Event Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Event Hospitality's price. Additionally, you may evaluate how the addition of Event Hospitality to your portfolios can decrease your overall portfolio volatility.