Event Depreciation vs Capital Expenditures 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 Depreciation and its Capital Expenditures 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.

Depreciation vs Capital Expenditures

Depreciation vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Event Hospitality Depreciation account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Event Hospitality's Depreciation and Capital Expenditures is -0.03. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Capital Expenditures 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 Depreciation and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Event Hospitality and are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Depreciation i.e., Event Hospitality's Depreciation and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Depreciation

Depreciation indicates how much of Event Hospitality value has been used up. For tax purposes Event Hospitality can deduct the cost of the tangible assets it purchases as business expenses. However, Event Hospitality and must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

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.

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 Expenses	886.8M	1.1B	1.1B	1.2B
Interest Expense	41.2M	43.5M	53.6M	56.2M

Other Operating Expenses Interest Expense

Event Hospitality fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Current Deferred Revenue
Total Assets		0.95	0.35	0.62	0.32	0.99	0.93	0.23	0.5	1.0	0.35	0.5	0.08	0.6	0.03	0.93	0.28	0.3	-0.93	0.97	0.96	0.59	0.49	0.4	0.71	0.85
Short Long Term Debt Total	0.95		0.18	0.64	0.07	0.96	1.0	-0.04	0.37	0.97	0.36	0.37	0.12	0.35	0.0	0.95	0.11	0.22	-0.97	0.99	0.93	0.44	0.58	0.17	0.71	0.71
Other Current Liab	0.35	0.18		0.26	0.73	0.32	0.14	0.7	0.42	0.27	-0.3	0.42	-0.31	0.45	0.12	0.15	0.42	0.82	-0.1	0.2	0.23	0.84	0.07	0.57	0.34	0.33
Total Current Liabilities	0.62	0.64	0.26		0.38	0.66	0.65	0.31	0.3	0.62	-0.06	0.3	0.23	0.35	0.02	0.4	0.29	0.1	-0.62	0.59	0.44	0.34	0.93	0.43	0.73	0.62
Total Stockholder Equity	0.32	0.07	0.73	0.38		0.3	0.03	0.99	0.53	0.26	-0.26	0.53	-0.03	0.78	0.17	0.01	0.65	0.39	-0.05	0.1	0.16	0.69	0.13	0.93	0.36	0.58
Property Plant And Equipment Net	0.99	0.96	0.32	0.66	0.3		0.95	0.21	0.44	0.99	0.38	0.44	0.13	0.58	0.01	0.91	0.27	0.26	-0.93	0.97	0.94	0.54	0.56	0.37	0.7	0.84
Net Debt	0.93	1.0	0.14	0.65	0.03	0.95		-0.08	0.31	0.95	0.39	0.31	0.15	0.32	-0.01	0.94	0.07	0.2	-0.97	0.98	0.92	0.39	0.6	0.13	0.69	0.68
Retained Earnings	0.23	-0.04	0.7	0.31	0.99	0.21	-0.08		0.49	0.17	-0.29	0.49	-0.05	0.76	0.16	-0.09	0.64	0.36	0.05	0.0	0.06	0.63	0.07	0.92	0.29	0.52
Cash	0.5	0.37	0.42	0.3	0.53	0.44	0.31	0.49		0.46	-0.3	1.0	-0.3	0.41	0.18	0.42	0.53	0.19	-0.44	0.42	0.5	0.78	0.0	0.55	0.71	0.61
Non Current Assets Total	1.0	0.97	0.27	0.62	0.26	0.99	0.95	0.17	0.46		0.39	0.46	0.13	0.57	0.03	0.94	0.24	0.23	-0.95	0.98	0.96	0.53	0.52	0.36	0.7	0.83
Non Currrent Assets Other	0.35	0.36	-0.3	-0.06	-0.26	0.38	0.39	-0.29	-0.3	0.39		-0.3	0.62	0.27	-0.03	0.42	-0.02	-0.34	-0.39	0.39	0.42	-0.31	0.08	-0.12	-0.32	0.17
Cash And Short Term Investments	0.5	0.37	0.42	0.3	0.53	0.44	0.31	0.49	1.0	0.46	-0.3		-0.3	0.41	0.18	0.42	0.53	0.19	-0.44	0.42	0.5	0.78	0.0	0.55	0.71	0.61
Net Receivables	0.08	0.12	-0.31	0.23	-0.03	0.13	0.15	-0.05	-0.3	0.13	0.62	-0.3		0.22	0.21	0.04	0.0	-0.57	-0.21	0.09	0.02	-0.38	0.33	0.17	-0.19	0.0
Common Stock Total Equity	0.6	0.35	0.45	0.35	0.78	0.58	0.32	0.76	0.41	0.57	0.27	0.41	0.22		0.08	0.34	0.54	0.16	-0.37	0.4	0.48	0.49	0.18	0.84	0.32	0.78
Common Stock Shares Outstanding	0.03	0.0	0.12	0.02	0.17	0.01	-0.01	0.16	0.18	0.03	-0.03	0.18	0.21	0.08		0.03	-0.11	-0.01	-0.03	0.01	0.04	0.17	-0.07	0.22	0.02	-0.02
Non Current Liabilities Total	0.93	0.95	0.15	0.4	0.01	0.91	0.94	-0.09	0.42	0.94	0.42	0.42	0.04	0.34	0.03		0.07	0.24	-0.94	0.98	0.98	0.47	0.31	0.12	0.62	0.66
Inventory	0.28	0.11	0.42	0.29	0.65	0.27	0.07	0.64	0.53	0.24	-0.02	0.53	0.0	0.54	-0.11	0.07		0.01	-0.14	0.14	0.17	0.44	0.1	0.63	0.23	0.48
Other Current Assets	0.3	0.22	0.82	0.1	0.39	0.26	0.2	0.36	0.19	0.23	-0.34	0.19	-0.57	0.16	-0.01	0.24	0.01		-0.08	0.23	0.26	0.72	-0.03	0.23	0.29	0.2
Other Stockholder Equity	-0.93	-0.97	-0.1	-0.62	-0.05	-0.93	-0.97	0.05	-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
Total Liab	0.97	0.99	0.2	0.59	0.1	0.97	0.98	0.0	0.42	0.98	0.39	0.42	0.09	0.4	0.01	0.98	0.14	0.23	-0.97		0.97	0.48	0.5	0.2	0.7	0.74
Property Plant And Equipment Gross	0.96	0.93	0.23	0.44	0.16	0.94	0.92	0.06	0.5	0.96	0.42	0.5	0.02	0.48	0.04	0.98	0.17	0.26	-0.92	0.97		0.54	0.33	0.25	0.63	0.76
Total Current Assets	0.59	0.44	0.84	0.34	0.69	0.54	0.39	0.63	0.78	0.53	-0.31	0.78	-0.38	0.49	0.17	0.47	0.44	0.72	-0.41	0.48	0.54		0.05	0.63	0.66	0.6
Short Term Debt	0.49	0.58	0.07	0.93	0.13	0.56	0.6	0.07	0.0	0.52	0.08	0.0	0.33	0.18	-0.07	0.31	0.1	-0.03	-0.54	0.5	0.33	0.05		0.16	0.53	0.43
Common Stock	0.4	0.17	0.57	0.43	0.93	0.37	0.13	0.92	0.55	0.36	-0.12	0.55	0.17	0.84	0.22	0.12	0.63	0.23	-0.2	0.2	0.25	0.63	0.16		0.41	0.65
Intangible Assets	0.71	0.71	0.34	0.73	0.36	0.7	0.69	0.29	0.71	0.7	-0.32	0.71	-0.19	0.32	0.02	0.62	0.23	0.29	-0.73	0.7	0.63	0.66	0.53	0.41		0.7
Current Deferred Revenue	0.85	0.71	0.33	0.62	0.58	0.84	0.68	0.52	0.61	0.83	0.17	0.61	0.0	0.78	-0.02	0.66	0.48	0.2	-0.7	0.74	0.76	0.6	0.43	0.65	0.7

Click cells to compare fundamentals

Event Hospitality Account Relationship Matchups

Event Hospitality fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	3.0B	2.9B	3.0B	2.9B	3.1B
Short Long Term Debt Total	1.4B	1.5B	1.3B	1.4B	1.3B	1.4B
Other Current Liab	101.7M	108.5M	135.2M	132.1M	114.0M	76.2M
Total Current Liabilities	858.1M	449.9M	454.6M	425.0M	394.5M	207.1M
Total Stockholder Equity	923.4M	872.5M	920.8M	1.0B	964.1M	647.6M
Property Plant And Equipment Net	2.2B	2.2B	2.1B	2.2B	2.2B	2.3B
Net Debt	1.4B	1.4B	1.2B	1.2B	1.2B	1.3B
Retained Earnings	631.2M	583.2M	636.5M	701.1M	650.8M	417.1M
Cash	76.6M	121.0M	175.2M	207M	106.4M	59.7M
Non Current Assets Total	2.5B	2.7B	2.6B	2.7B	2.7B	2.8B
Non Currrent Assets Other	24.3M	(46.1M)	(71.6M)	(51.9M)	315.4M	331.1M
Cash And Short Term Investments	76.6M	121.0M	175.2M	207M	106.4M	59.7M
Net Receivables	60.0M	12.0M	19.3M	25.2M	65.2M	37.6M
Common Stock Shares Outstanding	161.1M	161.2M	162.2M	162.7M	163.4M	159.7M
Liabilities And Stockholders Equity	2.6B	3.0B	2.9B	3.0B	2.9B	3.1B
Non Current Liabilities Total	850.3M	1.7B	1.5B	1.6B	1.6B	1.6B
Inventory	21.1M	16.4M	18.6M	23.8M	24.6M	16.2M
Other Current Assets	8.8M	119.6M	73.4M	49.8M	26.4M	21.5M
Other Stockholder Equity	(850.3M)	(802.3M)	(855.6M)	(920.2M)	(828.2M)	(786.8M)
Total Liab	1.7B	2.1B	2.0B	2.0B	1.9B	2.0B
Property Plant And Equipment Gross	1.9B	3.3B	3.3B	3.5B	3.4B	3.5B
Total Current Assets	166.5M	268.9M	286.5M	305.7M	222.6M	136.6M
Accumulated Other Comprehensive Income	73.1M	70.2M	65.2M	89.6M	94.2M	67.3M
Short Term Debt	623.7M	174.8M	128.4M	147.0M	131.8M	138.4M
Intangible Assets	99.1M	101.3M	118.7M	107.5M	32.5M	29.4M
Current Deferred Revenue	100.4M	120.2M	109.8M	97.4M	99.5M	104.5M
Accounts Payable	32.2M	46.4M	54.5M	37.0M	38.4M	29.8M
Good Will	62.3M	66.6M	91.2M	73.1M	72.8M	76.4M
Other Liab	34.2M	33.0M	41.6M	34.8M	40.0M	25.9M
Other Assets	135.4M	124.9M	98.2M	51.9M	59.7M	77.9M
Long Term Debt	859K	431.2M	384.8M	453.0M	410.7M	211.4M
Property Plant Equipment	1.9B	2.2B	2.1B	2.2B	2.6B	2.7B
Net Tangible Assets	882.4M	771.2M	802.1M	902.3M	1.0B	818.9M
Long Term Investments	91.7M	79.6M	16.1M	16.4M	13.4M	12.7M
Long Term Debt Total	605.2M	1.3B	1.2B	1.3B	1.4B	1.5B
Non Current Liabilities Other	5.8M	5.1M	4.8M	12.0M	13.8M	14.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC