GreenTree Ebit vs Tax Provision Analysis

GHG Stock  USD 2.65  0.02  0.75%   
GreenTree Hospitality financial indicator trend analysis is much more than just examining GreenTree Hospitality latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GreenTree Hospitality is a good investment. Please check the relationship between GreenTree Hospitality Ebit and its Tax Provision accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenTree Hospitality Group. 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.

Ebit vs Tax Provision

Ebit vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenTree Hospitality Ebit account and Tax Provision. At this time, the significance of the direction appears to have very strong relationship.
The correlation between GreenTree Hospitality's Ebit and Tax Provision is 0.84. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Tax Provision in the same time period over historical financial statements of GreenTree Hospitality Group, assuming nothing else is changed. The correlation between historical values of GreenTree Hospitality's Ebit and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of GreenTree Hospitality Group are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Ebit i.e., GreenTree Hospitality's Ebit and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Ebit

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most indicators from GreenTree Hospitality's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GreenTree 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenTree Hospitality Group. 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.
At this time, GreenTree Hospitality's Tax Provision is most likely to decrease significantly in the upcoming years. The GreenTree Hospitality's current Sales General And Administrative To Revenue is estimated to increase to 0.18, while Selling General Administrative is projected to decrease to roughly 249.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit554.8M351.1M679.8M594.3M
Total Revenue1.2B945.1M1.6B1.1B

GreenTree Hospitality fundamental ratios Correlations

0.930.950.830.980.850.820.890.71-0.420.740.120.970.880.870.140.270.770.9-0.840.070.930.960.480.820.86
0.930.830.920.910.80.660.890.52-0.230.50.160.90.860.930.180.290.80.86-0.730.080.770.940.430.740.69
0.950.830.690.950.80.820.830.78-0.530.73-0.020.920.890.840.130.110.760.86-0.870.20.910.880.520.830.79
0.830.920.690.820.860.480.920.28-0.030.350.280.750.690.810.380.340.670.73-0.760.240.580.910.270.610.66
0.980.910.950.820.860.730.930.64-0.360.640.060.960.830.870.140.310.770.87-0.850.140.880.950.430.760.79
0.850.80.80.860.860.590.860.37-0.250.510.450.720.680.660.580.310.610.8-0.870.350.680.880.410.560.7
0.820.660.820.480.730.590.570.94-0.810.950.070.820.880.59-0.10.240.770.83-0.62-0.220.90.70.760.670.76
0.890.890.830.920.930.860.570.45-0.190.440.020.850.750.850.240.340.750.76-0.890.320.680.930.340.670.7
0.710.520.780.280.640.370.940.45-0.810.91-0.240.770.810.56-0.340.070.680.68-0.53-0.230.860.550.650.710.69
-0.42-0.23-0.53-0.03-0.36-0.25-0.81-0.19-0.81-0.730.09-0.45-0.61-0.170.13-0.04-0.63-0.630.390.09-0.6-0.32-0.88-0.24-0.33
0.740.50.730.350.640.510.950.440.91-0.730.120.740.720.44-0.130.220.540.68-0.53-0.320.890.60.580.650.84
0.120.16-0.020.280.060.450.070.02-0.240.090.12-0.030.0-0.120.710.3-0.110.23-0.03-0.070.090.210.09-0.130.19
0.970.90.920.750.960.720.820.850.77-0.450.74-0.030.850.86-0.060.30.780.87-0.75-0.060.940.920.470.790.83
0.880.860.890.690.830.680.880.750.81-0.610.720.00.850.860.010.190.890.87-0.70.010.830.80.70.780.66
0.870.930.840.810.870.660.590.850.56-0.170.44-0.120.860.86-0.010.170.750.71-0.690.120.720.830.30.850.63
0.140.180.130.380.140.58-0.10.24-0.340.13-0.130.71-0.060.01-0.01-0.04-0.040.24-0.410.66-0.040.30.03-0.080.08
0.270.290.110.340.310.310.240.340.07-0.040.220.30.30.190.17-0.040.240.26-0.06-0.370.250.30.14-0.090.28
0.770.80.760.670.770.610.770.750.68-0.630.54-0.110.780.890.75-0.040.240.87-0.660.050.680.750.820.520.44
0.90.860.860.730.870.80.830.760.68-0.630.680.230.870.870.710.240.260.87-0.760.090.850.90.750.560.65
-0.84-0.73-0.87-0.76-0.85-0.87-0.62-0.89-0.530.39-0.53-0.03-0.75-0.7-0.69-0.41-0.06-0.66-0.76-0.55-0.68-0.86-0.42-0.64-0.71
0.070.080.20.240.140.35-0.220.32-0.230.09-0.32-0.07-0.060.010.120.66-0.370.050.09-0.55-0.150.2-0.060.02-0.08
0.930.770.910.580.880.680.90.680.86-0.60.890.090.940.830.72-0.040.250.680.85-0.68-0.150.830.520.770.87
0.960.940.880.910.950.880.70.930.55-0.320.60.210.920.80.830.30.30.750.9-0.860.20.830.430.690.81
0.480.430.520.270.430.410.760.340.65-0.880.580.090.470.70.30.030.140.820.75-0.42-0.060.520.430.190.22
0.820.740.830.610.760.560.670.670.71-0.240.65-0.130.790.780.85-0.08-0.090.520.56-0.640.020.770.690.190.79
0.860.690.790.660.790.70.760.70.69-0.330.840.190.830.660.630.080.280.440.65-0.71-0.080.870.810.220.79
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GreenTree Hospitality Account Relationship Matchups

GreenTree Hospitality fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.8B4.1B4.7B5.1B5.1B3.8B
Other Current Liab506.2M612.4M747.4M468.7M638.4M465.8M
Total Current Liabilities858.7M869.5M1.2B1.2B1.3B965.9M
Total Stockholder Equity1.8B2.1B1.9B1.5B1.4B1.6B
Other Liab475.8M1.0B975.5M1.1B1.2B673.5M
Net Tangible Assets1.2B1.5B1.2B1.4B1.6B1.2B
Property Plant And Equipment Net614.9M668.6M1.1B2.4B2.4B2.5B
Current Deferred Revenue277.2M257.0M256.8M207.8M208.7M217.3M
Net Debt(259.8M)(461.4M)409.6M1.4B1.1B1.1B
Retained Earnings308.7M570.0M420.5M(50.1M)(568.3M)(539.9M)
Accounts Payable15.3M19.6M24.0M123.6M76.8M80.6M
Cash319.8M611.4M298.4M676.1M765.5M488.9M
Non Current Assets Total2.6B2.5B2.8B3.4B3.4B2.0B
Non Currrent Assets Other220.8M234.7M651.4M408.5M610.2M640.7M
Other Assets381.3M390.8M800.8M351.8M404.6M312.2M
Cash And Short Term Investments964.1M1.2B1.0B873.5M1.2B961.4M
Net Receivables213.8M110.7M104.4M149.2M138.1M148.8M
Good Will100.1M100.2M120.8M29.6M177.1M185.9M
Common Stock Shares Outstanding99.1M102.1M103.0M103.0M102.1M99.6M
Short Term Investments644.3M544.4M715.4M197.4M459.9M472.6M
Liabilities And Stockholders Equity3.8B4.1B4.7B5.1B5.1B3.8B
Non Current Liabilities Total1.0B975.5M1.3B2.4B2.2B1.1B
Capital Surpluse1.2B1.1B1.2B1.2B1.3B848.1M
Inventory2.5M3.8M2.3M2.2M20.5M21.5M
Other Current Assets66.0M314.1M699.5M613.5M242.8M262.7M
Other Stockholder Equity1.1B1.1B1.2B2.9B1.1B1.1B
Total Liab1.9B1.8B2.6B3.6B3.6B2.1B
Long Term Investments398.6M859.5M348.8M305.6M248.1M297.1M
Property Plant And Equipment Gross614.9M668.6M1.5B2.4B3.2B3.4B
Total Current Assets1.3B1.6B1.9B1.7B1.6B1.8B
Accumulated Other Comprehensive Income65.3M45.6M39.1M27.7M28.4M30.8M
Non Current Liabilities Other379.8M406.5M132.0M120.2M111.7M220.9M
Intangible Assets496.3M491.5M520.1M38.1M117.7M208.5M
Property Plant Equipment614.9M668.6M1.0B2.4B2.7B2.9B

Currently Active Assets on Macroaxis

When determining whether GreenTree Hospitality is a strong investment it is important to analyze GreenTree Hospitality's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact GreenTree Hospitality's future performance. For an informed investment choice regarding GreenTree Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenTree Hospitality Group. 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.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GreenTree Hospitality. If investors know GreenTree will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GreenTree Hospitality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
0.34
Revenue Per Share
14.887
Quarterly Revenue Growth
(0.21)
Return On Assets
0.0424
The market value of GreenTree Hospitality is measured differently than its book value, which is the value of GreenTree that is recorded on the company's balance sheet. Investors also form their own opinion of GreenTree Hospitality's value that differs from its market value or its book value, called intrinsic value, which is GreenTree Hospitality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GreenTree Hospitality's market value can be influenced by many factors that don't directly affect GreenTree Hospitality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GreenTree Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if GreenTree Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GreenTree Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.