American Total Liab vs Property Plant And Equipment Net Analysis
| HOT-UN Stock | CAD 0.50 0.01 1.96% |
American Hotel financial indicator trend analysis is way more than just evaluating American Hotel Income prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Hotel Income is a good investment. Please check the relationship between American Hotel Total Liab and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in American Hotel Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Total Liab vs Property Plant And Equipment Net
Total Liab vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Hotel Income Total Liab account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost identical trend.
The correlation between American Hotel's Total Liab and Property Plant And Equipment Net is 0.98. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of American Hotel Income, assuming nothing else is changed. The correlation between historical values of American Hotel's Total Liab and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of American Hotel Income are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Total Liab i.e., American Hotel's Total Liab and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from American Hotel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Hotel Income 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 American Hotel Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, American Hotel's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.08, whereas Selling General Administrative is forecasted to decline to about 14.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 241.3M | 281.4M | 280.5M | 234.8M | Interest Expense | 36.7M | 34.8M | 35.1M | 27.8M |
American Hotel fundamental ratios Correlations
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American Hotel Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Hotel fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.2B | 1.2B | 1.2B | 1.1B | 954.9M | 934.9M | |
| Total Current Liabilities | 61.6M | 79.9M | 101.5M | 62.9M | 192.8M | 202.4M | |
| Total Stockholder Equity | 418.3M | 341.7M | 331.0M | 278.5M | 189.4M | 322.8M | |
| Net Debt | 748.7M | 762.2M | 724.2M | 675.5M | 627.9M | 536.2M | |
| Retained Earnings | (200.7M) | (278.5M) | (294.1M) | (346.8M) | (436.6M) | (414.7M) | |
| Accounts Payable | 57.1M | 60.9M | 27.7M | 34.4M | 38.5M | 31.6M | |
| Cash | 17.8M | 20.1M | 14.7M | 12.9M | 17.8M | 16.5M | |
| Non Current Assets Total | 1.2B | 1.1B | 1.1B | 986.0M | 846.1M | 867.6M | |
| Non Currrent Assets Other | 5.1M | 11.5M | 10.5M | 15.4M | 10.5M | 9.3M | |
| Cash And Short Term Investments | 17.8M | 20.1M | 14.7M | 12.9M | 17.8M | 16.5M | |
| Common Stock Shares Outstanding | 78.2M | 78.2M | 78.5M | 78.9M | 79.8M | 59.6M | |
| Liabilities And Stockholders Equity | 1.2B | 1.2B | 1.2B | 1.1B | 954.9M | 934.9M | |
| Other Current Assets | 43.2M | 31.7M | 45.4M | 44.6M | 10.9M | 10.4M | |
| Other Stockholder Equity | 765K | 1.2M | 1.1M | 998.0K | 1.4M | 1.4M | |
| Total Liab | 828.0M | 852.2M | 775.9M | 730.7M | 721.9M | 600.1M | |
| Total Current Assets | 68.8M | 56.8M | 67.3M | 66.8M | 108.8M | 67.3M | |
| Common Stock | 618.2M | 619.0M | 624.1M | 624.3M | 624.5M | 498.6M | |
| Short Long Term Debt Total | 766.5M | 782.3M | 738.9M | 688.4M | 645.7M | 609.7M | |
| Other Current Liab | 26K | 60.9M | 31.6M | 38.8M | 72.1M | 75.7M | |
| Other Liab | 4.3M | 8.6M | 3.7M | 3.5M | 3.1M | 3.9M | |
| Net Tangible Assets | 411.1M | 335.3M | 325.3M | 273.7M | 314.8M | 356.8M | |
| Property Plant And Equipment Net | 1.2B | 1.1B | 1.0B | 953.3M | 813.4M | 917.1M | |
| Other Assets | 12.5M | 27.8M | 32.5M | 27.9M | 32.0M | 19.0M | |
| Long Term Debt | 761.5M | 758.1M | 668.7M | 663.5M | 524.3M | 580.8M | |
| Net Receivables | 17.3M | 12.0M | 7.2M | 9.2M | 12.5M | 10.3M | |
| Non Current Liabilities Total | 766.4M | 772.3M | 674.3M | 667.8M | 529.2M | 587.1M | |
| Inventory | (9.5M) | (7M) | 1.0 | (4.1M) | 67.6M | 71.0M | |
| Short Long Term Debt | 4.2M | 13.8M | 69.4M | 24.0M | 120.5M | 126.5M | |
| Short Term Debt | 4.5M | 18.9M | 69.9M | 24.1M | 120.7M | 126.7M | |
| Intangible Assets | 7.2M | 6.4M | 5.7M | 4.8M | 4.2M | 6.6M | |
| Property Plant Equipment | 1.2B | 1.1B | 1.0B | 953.3M | 1.1B | 919.3M | |
| Capital Lease Obligations | 811K | 10.5M | 731K | 1.0M | 902K | 856.9K | |
| Net Invested Capital | 1.2B | 1.1B | 1.1B | 966.0M | 834.1M | 873.0M | |
| Net Working Capital | 7.2M | (23.1M) | (34.2M) | 3.9M | (83.9M) | (79.8M) | |
| Capital Stock | 618.2M | 619.0M | 624.1M | 624.3M | 624.5M | 683.5M |
Pair Trading with American Hotel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Hotel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Hotel will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
The ability to find closely correlated positions to American Hotel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Hotel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Hotel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Hotel Income to buy it.
The correlation of American Hotel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Hotel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Hotel Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Hotel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in American Stock
Balance Sheet is a snapshot of the financial position of American Hotel Income at a specified time, usually calculated after every quarter, six months, or one year. American Hotel Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of American Hotel and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which American currently owns. An asset can also be divided into two categories, current and non-current.