GreenTree Net Tangible Assets vs Retained Earnings Analysis
GHG Stock | USD 2.67 0.04 1.48% |
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 Net Tangible Assets and its Retained Earnings 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.
Net Tangible Assets vs Retained Earnings
Net Tangible Assets vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GreenTree Hospitality Net Tangible Assets account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GreenTree Hospitality's Net Tangible Assets and Retained Earnings is -0.25. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Retained Earnings 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 Net Tangible Assets and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of GreenTree Hospitality Group are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Tangible Assets i.e., GreenTree Hospitality's Net Tangible Assets and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.25 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 Profit | 554.8M | 351.1M | 679.8M | 594.3M | Total Revenue | 1.2B | 945.1M | 1.6B | 1.1B |
GreenTree Hospitality fundamental ratios Correlations
Click cells to compare fundamentals
GreenTree Hospitality Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GreenTree Hospitality fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.8B | 4.1B | 4.7B | 5.1B | 5.1B | 3.8B | |
Other Current Liab | 506.2M | 612.4M | 747.4M | 468.7M | 638.4M | 465.8M | |
Total Current Liabilities | 858.7M | 869.5M | 1.2B | 1.2B | 1.3B | 965.9M | |
Total Stockholder Equity | 1.8B | 2.1B | 1.9B | 1.5B | 1.4B | 1.6B | |
Other Liab | 475.8M | 1.0B | 975.5M | 1.1B | 1.2B | 673.5M | |
Net Tangible Assets | 1.2B | 1.5B | 1.2B | 1.4B | 1.6B | 1.2B | |
Property Plant And Equipment Net | 614.9M | 668.6M | 1.1B | 2.4B | 2.4B | 2.5B | |
Current Deferred Revenue | 277.2M | 257.0M | 256.8M | 207.8M | 208.7M | 217.3M | |
Net Debt | (259.8M) | (461.4M) | 409.6M | 1.4B | 1.1B | 1.1B | |
Retained Earnings | 308.7M | 570.0M | 420.5M | (50.1M) | (568.3M) | (539.9M) | |
Accounts Payable | 15.3M | 19.6M | 24.0M | 123.6M | 76.8M | 80.6M | |
Cash | 319.8M | 611.4M | 298.4M | 676.1M | 765.5M | 488.9M | |
Non Current Assets Total | 2.6B | 2.5B | 2.8B | 3.4B | 3.4B | 2.0B | |
Non Currrent Assets Other | 220.8M | 234.7M | 651.4M | 408.5M | 610.2M | 640.7M | |
Other Assets | 381.3M | 390.8M | 800.8M | 351.8M | 404.6M | 312.2M | |
Cash And Short Term Investments | 964.1M | 1.2B | 1.0B | 873.5M | 1.2B | 961.4M | |
Net Receivables | 213.8M | 110.7M | 104.4M | 149.2M | 138.1M | 148.8M | |
Good Will | 100.1M | 100.2M | 120.8M | 29.6M | 177.1M | 185.9M | |
Common Stock Shares Outstanding | 99.1M | 102.1M | 103.0M | 103.0M | 102.1M | 99.6M | |
Short Term Investments | 644.3M | 544.4M | 715.4M | 197.4M | 459.9M | 472.6M | |
Liabilities And Stockholders Equity | 3.8B | 4.1B | 4.7B | 5.1B | 5.1B | 3.8B | |
Non Current Liabilities Total | 1.0B | 975.5M | 1.3B | 2.4B | 2.2B | 1.1B | |
Capital Surpluse | 1.2B | 1.1B | 1.2B | 1.2B | 1.3B | 848.1M | |
Inventory | 2.5M | 3.8M | 2.3M | 2.2M | 20.5M | 21.5M | |
Other Current Assets | 66.0M | 314.1M | 699.5M | 613.5M | 242.8M | 262.7M | |
Other Stockholder Equity | 1.1B | 1.1B | 1.2B | 2.9B | 1.1B | 1.1B | |
Total Liab | 1.9B | 1.8B | 2.6B | 3.6B | 3.6B | 2.1B | |
Long Term Investments | 398.6M | 859.5M | 348.8M | 305.6M | 248.1M | 297.1M | |
Property Plant And Equipment Gross | 614.9M | 668.6M | 1.5B | 2.4B | 3.2B | 3.4B | |
Total Current Assets | 1.3B | 1.6B | 1.9B | 1.7B | 1.6B | 1.8B | |
Accumulated Other Comprehensive Income | 65.3M | 45.6M | 39.1M | 27.7M | 28.4M | 30.8M | |
Non Current Liabilities Other | 379.8M | 406.5M | 132.0M | 120.2M | 111.7M | 220.9M | |
Intangible Assets | 496.3M | 491.5M | 520.1M | 38.1M | 117.7M | 208.5M | |
Property Plant Equipment | 614.9M | 668.6M | 1.0B | 2.4B | 2.7B | 2.9B |
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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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.